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Both innovations can help drastically cut emissions for industries that are considered notoriously “difficult to decarbonize,” Crane said, including cement production, steelmaking and aviation.
BOULDER — Electra, a clean-iron company that seeks to decarbonize iron and steelmaking, has appointed Francois Perras as chief commercial officer.
Source: https://bizwest.com/2023/12/15/electra-names-new-chief-commercial-officer/
By 2024, US Steel will reach peak capex, and after that US Steel's mini mill steelmaking segment will be on a target to reach through-cycle $1 billion of free cash flow by 2026.
Green hydrogen, produced using renewable energy as opposed to fossil fuels, is an alternative, low-carbon fuel to power emissions-intensive industries such as steelmaking.
Local mining giant Teck has announced the sale of its entire interest in its steelmaking coal business.
Source: https://1029rewindradio.ca/2023/11/14/teck-sells-steelmaking-coal-operations-to-glencore/
Once stimulated, the economy suffers from excess capacity — steelmaking, apartment buildings, entire cities — that drags the economy into another downturn.
Source: https://pjmedia.com/vodkapundit/2023/12/11/the-china-trap-and-ours-n4924654
Our state’s emphasis on skilled trades is warranted, especially considering the incredible growth we’ve experienced in advanced manufacturing sectors like steelmaking and aerospace.
Price said the size of Nippon Steel's investment, in particular, validates the value of the Elk Valley Resources business and speaks to what Teck believes remain robust demand fundamentals for high-quality steelmaking coal.
Roy Rickhuss, general secretary of the Community union, said: “The unions do not accept the closure of the heavy end and we continue to believe the blast furnaces are crucial to the transition to green steelmaking.
The £165million project is due to be in operation for 50 years and produce fuel for use in steelmaking - which the Government insisted would otherwise need to be imported - but not for use in generating electricity.
The closure of the Redcar steelworks brought more than 170 years of steelmaking to an end - and had a huge impact on communities across the region.
Source: https://www.gazettelive.co.uk/news/teesside-news/save-steel-open-letter-penned-28193055
The steelmaker, which has its primary steelmaking plant in Port Talbot, is calling on the UK Government to provide £1.5bn in financial support to reduce its emissions as part of a £3bn green investment strategy.
Source: https://www.business-live.co.uk/manufacturing/level-playing-field-european-competitors-26785219
VANCOUVER — Teck Resources Ltd. has promoted Ian Anderson to the post of chief commercial officer as the company continues work on a plan to separate its base metal and steelmaking coal operations.