ArcelorMittal Plant to Be World’s First Full-scale Zero Emissions Facility

SEATTLE (Scrap Monster): Luxembourg-based integrated steelmaker ArcelorMittal announced that its Sestao plant in Spain is all set to become the world’s first full-scale zero carbon emissions steel plant. It expects the plant to produce 1.6 million tonnes of zero carbon-emissions steel by 2025.

The company has signed a Memorandum of Understanding (MoU) with the country’s government, which promises an investment of €1 billion towards construction of a 2.3 million tonne green hydrogen direct reduced iron (DRI) plant at its plant in Gijón, and a new hybrid electric arc furnace (EAF). Nearly one million tonne of DRI produced at the plant will be transported to Sestao, as feedstock for the EAFs.

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In addition, the company will invest €50 million in Sestao, which will be used towards funding the implementation of key technologies required to enable the plant to deliver zero carbon-emissions.

The steelmaker looks forward to the support of the national and the Basque government in implementing the costly project. Also, it expects to gain access to a consortium of companies towards supply of green hydrogen.

Aditya Mittal, CEO, ArcelorMittal noted that the investment targets to take an existing steel plant to zero carbon-emissions within the next five years. ArcelorMittal commits to be the first company in the world to offer its customers meaningful volumes of zero carbon-emissions steel, he added.