RE: Ministerial question26 Feb 2021 09:38
Giant investment in fossil-free steel production in Boden – 1,500 jobs for Norrbotten
UPDATED FEBRUARY 24, 2021PUBLISHED FEBRUARY 23, 2021
The company H2 Green Steel will build a large-scale plant for fossil-free steel production in Norra Svartbyn outside Boden. Steel production will start already in 2024 – and is expected to create around 1,500 direct jobs in Norrbotten.
The company believes that the steel industry today lacks the prerequisites for a rapid transition to large-scale fossil-free production – and therefore they want to invest in fossil-free steel production in 2024.
"Without competition, this is by far the biggest thing that has happened to Boden since the construction of Boden Fortress in the early 20th century," says Claes Nordmark (S), municipal councillor in Boden.
"It is exciting to continue to be a steel centre when production methods are re-applied. And it is exciting for us to be involved in creating a greener future," says Carina Sammeli (S), municipal councillor in Luleå.
Around 1,500 jobs to Norrbotten
An important source of inspiration for the initiative is the groundbreaking Hybrit project and its founders SSAB, LKAB and Vattenfall. The company looks forward to good cooperation with a common ambition to develop Sweden's position as a world leader in fossil-free steelmaking.
"We want to accelerate the transformation of the European steel industry. Electrification was the first step in reducing carbon dioxide emissions from the transport sector – the next step is to turn steel in cars and other consumer products green," says Carl-Erik Lagercrantz, Chairman of the Board of H2 Green Steel and Northvolt.
H2GS will create approximately 1,500 direct jobs in Norrbotten. The investment means that Sweden's net export value is estimated to increase by approximately SEK 30 billion.
"The climate crisis is the greatest challenge of our time"
The start-up has already recruited a heavy name in the industrial world. Henrik Henriksson, currently CEO of Scania, will lead the company.
"The climate crisis is the biggest challenge of our time – and given the great impact of steel on other industries' journey towards sustainable solutions, a transition is extremely important. H2 Green Steel will be involved in accelerating this important change and making Swedish steel world famous, not only for its quality, but also as the world's greenest steel. It is exciting to be involved from the beginning and build Sweden's next export success," says Henriksson.
By 2030, H2GS will have an annual production capacity of five million tonnes of steel.
"Biggest thing that's happened to Boden"
H2GS and boden municipality have drawn up a letter of intent for the acquisition of the 500 hectare land area in Norra Svartbyn, SIP (Svartbyn industrial park).
"Through the investment in fossil-free green steel, we create a more sustainable society and contribute to the development of our region and we will now gather strength wi