Fastmarkets Metals and Mining reposted this
I had the pleasure of hosting a fireside chat with Jose Noldin, CEO of GravitHy, at the Fastmarkets International Iron Ore and Green Steel Summit in Vienna today. GravitHy is an exciting start-up which aims to build, own, and operate plants to produce DRI and HBI using green hydrogen. It is currently closing a series A funding round and expects first production in 2028 from a plant in Fos, France. Believing in the “re-industrialisation of Europe”, Jose believes the time is right for ironmaking to decouple from steel making and to relocate to geographies with access to good logistics and supplies of water. Echoing thoughts from an earlier panel on decarbonisation, he said there will be a thriving global market for green DRI and HBI, with 15-30 million tonnes needed in Europe alone in the coming years. Enablers include access to finance - equity, debt, and subsidies - and that governments will need to create demand, along with public procurement policies. #steel #ironore #decarbonisation
Amazing, friend!
Thanks Fastmarkets for having me and Andrew W. for the great moderation. It's all about energy ;-)
Decarbonising steel industry working hands on with practical strategies - Founder Kobolde & Partners, Founder FerroSilva
1moReally interesting to hear Jose Noldin from GravitHy share ideas about decoupling ironmaking and steelmaking.