GravitHy

Steel is a strategic material in the transition to a low-carbon economy. However, the coal used for its production is responsible for over 8% of global CO2 emissions. Decarbonising the steel value chain is essential to achieving a C-neutral society. It can only be done by rethinking iron production.

GravitHy plans to build and operate its first low-CO2 iron plant in Fos-sur-Mer (France) and then build further plants in other locations. Using hydrogen to react with iron ore avoids the CO2 emissions of traditional methods. The product is HBI, which can be used as feedstock for low-CO2 steel production. By decarbonising steel production, GravitHy supports the EU’s pledge of carbon neutrality and responds to a growing demand for low-CO2 steel products.

• Brings together the commitment and competencies of best-in-class, purpose-led stakeholders to redefine the way iron and steel are produced and sold worldwide.
• Unites experienced professionals while attracting and forging young talent.
• Plants designed with best available technologies.
• Profitable business model based on cost competitiveness.
• Excellence in a superior product line.
• Works in close collaboration with players representing the entire value chain.