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28 Jun
11:54

EU greenlights €265m for H2 Green Steel plant

The European Commission (EC) has approved €265 million ($284m) in state aid to Swedish start-up H2 Green Steel (H2GS) for the establishment of its low-emission steel plant, Kallanish reports. Located in Boden, the plant will have a 690-megawatt electrolyser, a direct reduction plant operating with renewable hydrogen, two electric arc furnaces, a hot strip mill and cold rolling and finishing facilities. With the installations expected to begin operations in 20…
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