Hydnum Steel’s technology is projected to reduce CO2 emissions by nearly five million tonnes per year. The plant aims to supply green rolled steel to Spanish industries, including the automotive and construction sectors.
Eva Maneiro, CEO of Hydnum Steel, anticipates the plant will transform the socioeconomic landscape of Puertollano and Castile-La Mancha.
“Our project will lead not only to the decarbonization of the steel industry, proving that it is viable and profitable to produce green steel, but will also significantly boost economic activity and employment. It will attract auxiliary companies and promote the development of the service sector and infrastructure,” Maneiro said.
The plant will be built on a greenfield site and will utilize advanced technologies and sustainable practices from its inception. It will be capable of using greywater from both residential and industrial wastewater treatment. Technologies will be applied to reduce water consumption and process losses.
In February 2024, Brazilian mining giant Vale agreed to potentially build a co-located iron ore briquette plant at Hydnum Steel’s Puertollano facility.
Vale’s iron ore briquettes, produced from a low-temperature combination of iron ore and binders, can be used as a metallic source in the direct reduction of iron (DRI). Vale claims this product could reduce CO2 emissions by 10%