The proposed DRI furnace, with a processing capacity of 2.5 million tonnes, will initially operate on natural gas.
SEATTLE (Scrap Monster): ArcelorMittal broke ground on a massive decarbonisation project at its Dofasco plant in Hamilton, Ontario.
The project, at an investment of CAD$1.8 billion, is expected to mark the beginning of its transition to DRI-EAF steelmaking process, by eliminating the use of coal from the ironmaking process. It is expected to reduce carbon emissions at the facility by approximately 3 million tonnes. The transition is expected to boost ArcelorMittal’s efforts to reduce carbon intensity of steel production by 25% before the end of this decade.
The company press release noted that the project is being implemented in partnership with the federal and provincial governments, whose representatives too were present during the ground breaking ceremony at Hamilton site. The Government of Canada and the Ontario government have committed to invest CAD$400 million and CAD$500 million respectively into the project.
The proposed DRI furnace, with a processing capacity of 2.5 million tonnes, will initially operate on natural gas, with a provision to switch to cleaner green hydrogen whenever the supplies are adequate.
Mr. Laxmi Mittal, Chairman ArcelorMittal noted that the project promises to transform steelmaking in Hamilton by introducing coal free, less carbon-intensive technologies.
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