Copper News Hubb
Advertisement Banner
  • Home
  • Copper news
  • Metal & Minerals Industry
  • Mining
  • Contact
No Result
View All Result
  • Home
  • Copper news
  • Metal & Minerals Industry
  • Mining
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home Metal & Minerals Industry

Nippon plans low-carbon raw materials production for green steel

admin by admin
December 23, 2022
in Metal & Minerals Industry


Nippon Steel holds stakes in several iron ore mines and coking mines. Credit: Janno Nivergall from Pixabay.

Japanese steelmaker Nippon Steel is looking to produce low-carbon raw materials, including “reduced iron” made using hydrogen, for green steel, reported Reuters.

The aim is to cope up with the surging demand for green steel.

Reduced iron is produced by removing oxygen from the iron ore. This makes metallic iron without melting it.

Currently, natural gas is used to produce reduced iron. However, global steelmakers are considering the use of hydrogen for reduced iron manufacturing to make the steelmaking process CO2-free.

Nippon Steel President Eiji Hashimoto was quoted by Reuters as saying in a news conference: “We will be involved in raw materials as our own business, instead of simply procuring raw materials (such as iron ore and coking coal).

“To advance decarbonisation, we will need reduced iron. Our company will make it as our new business.”

The Japanese firm would also consider investing in projects to produce hydrogen-reduced iron with potential partners, Hashimoto added.

Hashimoto noted that Nippon Steel would mull joining an iron ore project, which has its own hydrogen plant capable of producing hydrogen from green electricity.

He further noted that coking coal would ensure continuity of steelmaking alongside efforts to decarbonise the process.

“High-quality coking coal is necessary to proceed smoothly with decarbonisation. We want to ensure stable procurement of coking coal by increasing our interests (in mines),” Hashimoto added.

Nippon Steel holds stakes in multiple iron ore mines and coking mines.

Earlier this year, ArcelorMittal Nippon Steel India, a joint venture between ArcelorMittal and Nippon Steel, commenced the Rs600bn ($7.2bn) expansion of Hazira flat steel plant in the Indian state of Gujarat.

This will boost the plant’s crude steel capacity from nine million tonnes per annum (Mtpa) to 15Mtpa.





Source link

Previous Post

Rio Tinto venture makes strategic investment in Regulus Resources

Next Post

Ivanhoe Mines Responds To Misleading Bloomberg Headline

Next Post

Ivanhoe Mines Responds To Misleading Bloomberg Headline

Recommended

Nico’s PFS for Wingellina proves up

1 month ago

EDM Plans To Increase Electricity Exports To SADC Countries

4 weeks ago

Kenorland to sell Canadian lithium projects to Targa Exploration

2 months ago

Nersa approves 18.65% Eskom hike as it holds back on big diesel request

3 weeks ago

South Africa to seek ‘Just Energy Transition Financing Framework’ deal at COP27

3 months ago

Common Uses for Phosphor Bronze

4 weeks ago

© 2022 Copper News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Copper news
  • Metal & Minerals Industry
  • Mining
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Copper news
  • Metal & Minerals Industry
  • Mining
  • Contact

© 2022 Copper News Hubb All rights reserved.