Spain’s Hydnum Steel (HS)’s “green” steel mill has advanced towards obtaining the status of Project of Singular Interest (PSI), a legal designation that will speed up its development and implementation, Kallanish notes.
HS is building the first facility on the Iberian Peninsula, designed to use fossil-free energy throughout the manufacturing process and to gradually incorporate green hydrogen to substantially reduce CO2 emissions.
The Government of Castilla-La Mancha initially approved the PSI on Wednesday and gave the go-ahead for the public consultation to begin and for the granting of an integrated environmental permit.
“The PSI aims to establish an industrial plant for the production of steel coils using clean energy, so that the carbon footprint of the final product is reduced by 98% compared to that generated by current processes based on the BF-BOF route,” the authority states. The site covers an area of around 209 hectares between Puertollano and the La Nava industrial park.
“The public information includes the studies for the environmental assessment and the impact evaluation, as well as the assets and rights relating to the project, which may vary depending on any agreements that might be reached between the owners of those assets and HS,” the Government of Castilla-La Mancha adds.
Hydnum Steel aims to produce 1.5 million tonnes of flat steel in the first phase of its operations, with a view to reaching 2.7mt in subsequent stages. The project is valued at around €1.55 billion ($1.8 billion). Construction work is scheduled to begin this year.
Author: Todor Kirkov
