Japan’s second largest steel maker JFE Steel Corporation announced that it is moving ahead with two R&D projects to develop technologies that will use CO2 in steelmaking processes that are expected to help the company eventually to become carbon neutral. One project is a partnership with the Research Institute of Innovative Technology for the Earth aimed at optimizing a system that uses CO2 for methanol synthesis. The other project is a partnership with Ehime University that is researching and developing C02-fixing technology based on fast, large-quantity carbonation of steel slag. As a result of continued progress with both projects, JFE Steel has now approved the construction of test facilities for making use of steelmaking byproducts, including steel slag and combustible gasses such as blast furnace gas. Facilities at its JFE Steel West Japan Works in Fukuyama Area and East Japan Works in Chiba Area will accelerate R&D initiatives aimed at significantly reducing CO2 emissions through more effective use of steelmaking byproducts.System for Methanol Synthesis Using C021. Construction at the JFE Steel West Japan Works in Fukuyama Area will begin this year and the facilities will enter operation in 2023. Demonstration testing is to be completed within 2025.2. R&D will focus on the commercial launch of a large-scale carbon capture and utilization) process for be incorporated in a to-be-decided steelmaking method, such one using carbon-recycling blast furnaces.C02-fixing through Fast, Large-quantity Carbonation of Steel Slag1. Construction at the JFE Steel East Japan Works in Chiba Area will begin in next year and the facilities will enter operation in 2024. Demonstration testing is to be completed within 2025.2. R&D will focus on the fixation of CO2 generated by steelmaking processes, such as those involving carbon-recycling blast furnaces, and also by thermal power plants, to produce C02-fixed steel slag for use in road construction.The facilities for both projects will be built in response to the New Energy and Industrial Technology Development Organization's public invitation to companies and organizations to participate in an umbrella project targeting the development of technologies for carbon recycling and next-generation thermal power generation and also for reducing C02 emissions and utilizing C02. NEDO will conduct interim assessments within this year and then formulate detailed plans for both projects in/after the fiscal year beginning in April 2023.