SEATTLE (Scrap Monster): UK-based Liberty Steel Group, part of GFG Alliance announced plans to build a new hydrogen-based steel making plant in France. The first-of-its-kind steel making facility in the country will be built in partnership with two European companies, with whom Liberty Steel has already signed a Memorandum of Understanding (MoU).
In a statement released yesterday, the company stated that it has entered into an agreement with Paul Wurth and Stahl-Holding-Saar (SHS) in assessing the construction and operation of an industrial-sized steel making plant in Dunkerque, France, which it believes would be the first operations of its type in entire France.
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The plant will be built adjacent to GFG Alliance’s Alvance Aluminum site. It will house a DRI plant with capacity of 2 million tonnes, in addition to an integrated hydrogen electrolysis production unit having approximately a gigawatt capacity. The DRI plant will initially work on a mix of hydrogen and natural gas. Upon completion of the electrolysis production unit, it will use 100% hydrogen. Meantime, the financial details of the project were not disclosed.
Sanjeev Gupta, Executive Chairman of GFG Alliance and Liberty Steel Group reminded that hydrogen-based steel making process would lead to significant cut in carbon emissions.
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