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decarbonization - Latest news GMK Center

Photo – Fortescue has secured a loan of 14.2 billion yuan to support its decarbonization plans
Fortescue has secured a loan of 14.2 billion yuan to support its decarbonization plans

The financing involved Chinese, Australian, and international lenders

Photo – BHP will lead a consortium to explore CCUS opportunities in Asia
BHP will lead a consortium to explore CCUS opportunities in Asia

Іnitiative aims to identify potential applications for captured carbon in industrial processes

Photo – Global environmental measures will seriously affect Thailand’s exports
Global environmental measures will seriously affect Thailand’s exports

It is about an amount exceeding 300 billion baht ($9.3 billion) annually

Photo – Rio Tinto doubts the prospects for green iron in Australia
Rio Tinto doubts the prospects for green iron in Australia

The company points to a lack of incentives for the development of this sector

Photo – JSW and JFE to invest $669 million in expanding electrical steel production in India
JSW and JFE to invest $669 million in expanding electrical steel production in India

The partners plan to increase the capacity of two plants to meet growing demand for electrical steel

Photo – The Gulf’s green steel: a look into the future
The Gulf’s green steel: a look into the future

GCC countries can play an important role in decarbonizing global steel industry

Photo – Salzgitter to test new green pellet technology in collaboration with Binding Solutions
Salzgitter to test new green pellet technology in collaboration with Binding Solutions

BSL pellets can reduce energy consumption by up to 80% and CO2 emissions by up to 70% in steel production

Photo – Poland’s JSW launches €25.6 million project to produce hydrogen from methane
Poland’s JSW launches €25.6 million project to produce hydrogen from methane

The METH2GEN project will reduce methane emissions from mines and create a cheap source of hydrogen with EU support

Photo – Czech steelmakers call new EU climate target a disaster for the industry
Czech steelmakers call new EU climate target a disaster for the industry

The union points out that the ambition to reduce emissions by 90% by 2040 is unrealistic and dangerous

Photo – Ferrexpo demonstrated effective corporate leadership at the URC in Rome
Ferrexpo demonstrated effective corporate leadership at the URC in Rome

The company makes Ukrainian industry visible to global capital

Photo – BIR calls for fair standards for green steel
BIR calls for fair standards for green steel

The Federation emphasizes the importance of recognizing the role of recycling in decarbonizing steel production

Photo – SHS Group receives approval to build DRI and EAF plants in Saarland
SHS Group receives approval to build DRI and EAF plants in Saarland

Power4Steel project on schedule, bringing Dillinger and Saarstahl closer to climate neutrality

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