GravitHy has awarded the Spanish engineering company Idom the contract for the preliminary design of the first direct reduction plant for the production of decarbonised iron with green hydrogen in Fos-sur-Mer (France).
This FEL2 stage will be performed along 2024. The FEL 2 execution will enable GravitHy to continue its de-risking strategy, place the project in the optimum condition with the OEM selected, a finetuned CAPEX to proceed with financing and investment decision process, and a solid basis for the commencement of the basic engineering phase (FEL 3) within 2025. The construction of the plant should begin within 2026 for commissioning in the second half of 2028, which will lead to the annual production of 2Mt of low-carbon Iron (Hot Briquetted Iron, HBI and Direct Reduced Iron, DRI), through the use of decarbonized hydrogen also produced on site. HBI/DRI are an intermediate product, available to steelmakers wishing to produce low carbon steel.
”This project allows Idom to bring into, in two key sectors for the future of the economy and the environment such as, steelmaking and hydrogen, the experience that for decades, we have been developing to our clients in these areas, through our Metals&Minerals (M&M), O&G, and Energy divisions among others“, states Andoni Borjabaz, IDOM M&M Director.
GravitHy, a decarbonized iron production company, was launched in July 2022. GravitHy will address the expanding market for low carbon steel. It aims to reduce the sector’s emissions by producing and using green and low-carbon hydrogen to manufacture reduced iron. This iron will be sold to steel makers locally or on a European scale and used as raw material for the production of green steel. The company’s shareholders include EIT InnoEnergy, Engie New Ventures, Forvia, Groupe Idec, Plug and Primetals Technologies.
Source: GravitHy
