Swedish specialty steel producer SSAB has announced that it has started a partnership with Sweden-based mining company Epiroc on fossil-free steel that the latter plans to use in its mining equipment production.
Epiroc will use the fossil-free steel for material for a prototype underground machine produced at its facility in Örebro, planning to increase the usage of fossil-free steel. The company plans to halve its carbon emissions by 2030.
In addition, SSAB’s fossil-free steel joint venture, the HYBRIT initiative, has received €143 million funding from the EU, as SteelOrbis previously reported.