Japan’s biggest Nippon Steel steelmaker is considering a major investment in a green steel project outside its home market powered by hydrogen as a global push to decarbonize one of the world’s most polluting industries gathers pace according to Mr. Takahiro Mori, Executive Vice President of Nippon Steel who oversees global operations, reports BloombergAustralia and Brazil are among possible sites for $ 733M plant, where high-grade iron ore is accessible along with cheaper electricity than in Japan, Mr. Takahiro Mori told Bloomberg.
Japan’s biggest Nippon Steel steelmaker is considering a major investment in a green steel project outside its home market powered by hydrogen as a global push to decarbonize one of the world’s most polluting industries gathers pace according to Mr. Takahiro Mori, Executive Vice President of Nippon Steel who oversees global operations, reports BloombergAustralia and Brazil are among possible sites for $ 733M plant, where high-grade iron ore is accessible along with cheaper electricity than in Japan, Mr. Takahiro Mori told Bloomberg.
