Green H2 could help Swedish mining company to lower its carbon emissions
LKAB plans to use green hydrogen in its production. Luossavaara-Kiirunavaara Aktiebolag (LKAB), a government owned Swedish mining company and Europe’s largest producer of iron ore, intends to make green H2 a part of its goal to go carbon free. LKAB runs the world’s largest underground iron-ore mine. The underground mine operates in the Arctic city of Kiruna and produces 80% of all iron ore in the European Union. This is a significant mine as iron is the main component of steel. As such, the use of green H2 technology in iron mining production is expected to play a major role in the green indu…
LKAB plans to use green hydrogen in its production.
Luossavaara-Kiirunavaara Aktiebolag (LKAB), a government owned Swedish mining company and Europe’s largest producer of iron ore, intends to make green H2 a part of its goal to go carbon free.LKAB runs the world’s largest underground iron-ore mine.
The underground mine operates in the Arctic city of Kiruna and produces 80% of all iron ore in the European Union. This is a significant mine as iron is the main component of steel. As such, the use of green H2 technology in iron mining production is expected to play a major role in the green industrial revolution.
LKAB will use a groundbreaking hydrogen technology that will make cleaner steel production possible, by reducing the amount of carbon dioxide emissions required for the industrial process. This new technology is the Hydrogen Breakthrough Ironmaking Technology (HYBRIT).
HYBRIT is the world’s first fossil-free steelmaking tech that has virtually no carbon footprint. It is an initiative with the goal to revolutionize steelmaking with technology that replaces coking coal with hydrogen and fossil-free electricity. It was created in 2016 by SSAB (a steel manufacturing specialist, LKAB, and Vattenfall (one of the largest energy companies in Europe). Presently, the goal is to use HYBRIT to lower Sweden’s carbon emissions by 10% and Finland’s by 7%.