14
Dec
13:41
Hybrit receives $30m grant from Swedish authorities
Hybrit, a joint venture between SSAB, LKAB and Vattenfall to develop fossil-free iron feedstock for steelmaking in Sweden, has been granted SEK 3.1 billion ($30 million) by the Swedish Energy Agency’s Industrial Leap (Industriklivet) programme.
The investment will support the establishment of the first demonstration plant in Gällivare for the production of fossil-free sponge iron on an industrial scale. LKAB is responsible for the construction of the pl…
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