Luxembourg-based integrated steelmaker ArcelorMittal announced that it has signed a Memorandum of Understanding (MoU) with Air Liquide towards exploring innovative solutions to boost low-carbon steel production at its Dunkirk industrial basin. Both the companies will work together on solutions involving low-carbon hydrogen and CO2 capture technologies.
According to company press release, the project is expected to reduce annual carbon dioxide emissions from ArcelorMittal’s steelmaking facilities in the Dunkirk industrial basin by 2.85 million tonnes (Mt) by 2030. The companies aim to implement the project by using funding from European or French schemes. They have already applied for funding under the Important Project of Common European Interest (IPCEI) scheme for hydrogen.
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