Source: Global Steel Climate Council, Washington, D.C. The Global Steel Climate Council has appointed Adina Renee Adler, a seasoned voice of competitive, low carbon manufacturing, as executive director. She will collaborate with producers, policymakers, and stakeholders to position the GSCC as a trailblazer for true carbon cutting through a standard Read more…
Sources: Nucor Corp., Charlotte, N.C.; CMCM staff Nucor recently announced a $35 million investment in Everett, Wash. fusion process technology developer Helion Energy Inc., coupled with a collaboration aimed at deploying by 2030 a 500-megawatt power plant offering baseload, zero-carbon electricity directly to a steel production line. Mimicking the sun, Read more…
Sources: Boston Metal, Woburn, Mass.; CMCM staff Boston Metal is poised to commercially demonstrate its Molten Oxide Electrolysis (MOE) platform for decarbonized steelmaking on the strength of a $262 million Series C funding round, whose participants include incumbent investors Breakthrough Energy Ventures and Microsoft Climate Innovation Fund, plus newcomer Aramco Read more…
Sources: Coolbrook Oy, Helsinki; CMCM staff Coolbrook reports success in the first phase of large-scale pilot RotoDynamic Heater (RDH) pilot tests, attaining a level of 1,000°C on a pathway toward a 1,700°C threshold equal to decarbonizing high-temperature iron, steel and cement processes by replacing fossil fuel combustion with electricity. With Read more…
Sources: Global Steel Climate Council, Washington, D.C.; Nucor Corp., Charlotte, N.C.; CMCM staff The new Steel Climate Standard represents a fair, effective, unbiased tool to measure greenhouse gas (GHG) emissions associated with concrete reinforcing or structural steel, as well as a single, technology-agnostic framework for product certification. Along with providing Read more…
Sources: CHAR Technologies, Toronto; CMCM staff The world’s leading steel producer, ArcelorMittal S.A., has invested $6 million in CHAR Technologies and entered a purchase agreement for biocarbon output from the startup company’s Thorold, Ontario processing plant. The investment advances collaborative efforts of CHAR and ArcelorMittal Dofasco to develop a drop-in Read more…
Sources: CHAR Technologies Ltd., Toronto The Government of Canada Clean Fuels Fund has pledged $1.43 million to CHAR Technologies, developer of a high temperature pyrolysis (HTP) technology for converting wood and other organic wastes to renewable natural gas and CleanFyre-branded biocarbon, a carbon-neutral alternative to metallurgical coal used in steel Read more…
Sources: U.S. Department of Energy; CMCM staff The U.S. Department of Energy (DOE) has committed just under $32 million to 10 projects supporting decarbonization of ore- or scrap-based iron and steelmaking operations and converting other existing ancillary and thermal processes to use clean fuels or electricity. The projects, along with Read more…
Sources: Nucor Corp., Charlotte, N.C.; CP staff A recently penned memorandum of understanding raises prospects for co-locating NuScale Power Corp. VOYGR small modular nuclear reactor (SMR) power plants to serve Nucor Corp. Electric Arc Furnace (EAF) steel mills. The companies will evaluate site suitability, transmission interconnection capabilities and capital costs Read more…
Sources: Steel Manufacturers Association, Washington, D.C. Global steel interests have an opportunity to make greater use of ferrous scrap in production to lower greenhouse gas emissions and decarbonize the industry, a new Steel Manufacturers Association report finds. Compared to traditional ore-based processes, steel production using recycled scrap equates to an Read more…