Mathieu Dion and Rafaela Lindeberg of Bloomberg report that a green steel project may be coming to Canada.
- H2, which is on a mission to produce green steel with minimal carbon emissions, recently began construction on a facility in Boden, Sweden with the ambitious goal of opening in 2025.
- If the plan to build in Canada receives enough financing and public support, H2 will operate a green iron plant in Quebec.
- This plant will include a giant electrolyzer powered by renewable energy that will generate hydrogen to replace the use of coal in the steel making process.
- H2 is also exploring the potential of opening a facility in Texas as the state expands its renewable energy generation.
Read the full article here.