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27 Jan
10:05

ArcelorMittal, CSN join Israeli hydrogen project

Brazilian steelmaker Companhia Siderúrgica Nacional (CSN) says it has acquired a minority stake in Israeli startup H2Pro. ArcelorMittal has simultaneously invested $5 million in the developer of innovative technology for cheaper green hydrogen, Kallanish notes. H2Pro plans to produce hydrogen at a cost of under $2/kg from 2023, when its project is expected to enter into operation. In 2030, the H2 cost should be under $1/kg. Similar to electrolysis, H2Pro&…
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