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09 Mar
08:17

Nippon Steel considers $731m green project location

Nippon Steel, Japan’s largest steelmaker, is considering the location for a 100% hydrogen-based green steel project as efforts to achieve carbon neutrality, Kallanish notes. The company is expected to fund JPY 100 billion ($731 million) or even more for a project outside of Japan, according to Takahiro Mori, executive vice president in charge of global operations. In terms of site, Brazil and Australia are two potential options as high-grade iron ore resour…
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