InvestorsHub Logo
Followers 826
Posts 119145
Boards Moderated 15
Alias Born 09/05/2002

Re: DewDiligence post# 27948

Friday, 10/13/2023 9:09:14 AM

Friday, October 13, 2023 9:09:14 AM

Post# of 29100
CLF is serious_about_replacing coke with hydrogen:

Cleveland-Cliffs is building a multimillion-dollar pipeline to pump hydrogen to Blast Furnace No. 7 at Indiana Harbor Works in East Chicago, said Traci Forrester, executive vice president of environmental and sustainability for Cleveland-Cliffs.

…Construction is already underway on the pipeline, Forrester said… Cleveland-Cliffs is looking at sourcing hydrogen from multiple potential sources, Forrester said.

… Cleveland-Cliffs completed a successful hydrogen injection trial at a blast furnace at Middletown Works in Ohio [see #msg-171866376], replacing the release of CO2 with the release of...water vapor, with no impact on product quality or operating efficiency, CEO, President and Chairman Lourenco Goncalves has said.

…Blast Furnace No. 7 is the largest blast furnace in the Western Hemisphere with a production capacity of 5.5 million tons of iron a year.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.