The Midrex H2 Plant will produce 2,1 million tonnes of hot DRI and hot briquetted iron (HBI) annually, which will feed the initial production of 2,5 million tonnes of green steel in Boden in northern Sweden. The DRI plant will be the first of its kind, provided by a consortium of Midrex and Paul Wurth, an SMS group company.

H2 Green Steel will produce green steel, reducing CO₂ emissions with up to 95 percent compared to traditional steelmaking. The largest part of the emission reduction is made possible with Midrex technology, when iron ore is reduced to sponge iron. The two companies will also work together on optimization services in the DRI-process.

Midrex is a subsidiary of Japanese steelmaker Kobe Steel, which has made an investment in H2 Green Steel. In addition, Kobe Steel has initiated discussions with H2 Green Steel on potentially purchasing green HBI in the future.  

Having Midrex and Kobe Steel onboard will ensure that H2 Green Steel’s global ambitions are leveraged to their fullest potential

“H2 Green Steel’s purpose is to decarbonize hard-to-abate industries, starting with steel. Having Midrex and Kobe Steel on board will ensure that H2 Green Steel’s global ambitions are leveraged to their fullest potential,” says Carl-Erik Lagercrantz, Vice Chairman of H2 Green Steel.