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Norwegian startup Blastr plans €4B green steel plant in Finland

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Blastr has entered into a Letter of Intent with Nordic energy company Fortum that provides Blastr exclusive rights to utilize the existing industrial site located in Joddböle, Inkoo in Finland, 55 km west of Helsinki. Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020.

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US Coal companies merge: Murray Energy acquires controlling interest in Foresight Energy GP LLC for $1.395B

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As a point of comparison, Peabody Energy, the world’s largest coal company, with operations in the US and Australia, produced 227.2 million tons of combined production last year, according to the companies’ respective annual reports. Murray with ~65 million, Foresight with 22.5

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NETL framework for assessing economic viability of recovering REEs from unconventional sources

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The energy transition is causing demand for REEs to grow every year. The International Energy Agency estimates that demand may at least quadruple by 2040. This inconsistency stymies comparisons between techno-economic assessments. A paper on the work appears in Nature Sustainability. —Alison Fritz Resources Fritz, A.G.,

Coal 150
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Study finds total greenhouse gas footprint of blue hydrogen “quite high” due to fugitive methane

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“Blue” hydrogen—produced through steam methane reforming (SMR) of natural gas or coal gasification, but with CO 2 capture and storage—is being described as having low or zero carbon emissions. The open access paper by Cornell’s Robert Howarth and Stanford’s Mark Jacobson is published in the journal Energy Science and Engineering.

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Utah-based Energy Fuels to enter commercial rare earth business in Q1-2021

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Energy Fuels Inc. Energy Fuels expects to process this monazite at its 100%-owned White Mesa Mill starting in Q1-2021, recover the contained uranium, and produce a marketable mixed REE carbonate, representing an important step toward re-establishing a fully-integrated US REE supply chain. Chalmers, President and CEO of Energy Fuels.

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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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By comparison, 69% of steel today is made at approximately 1,600 degrees Celsius (2,912 degrees Fahrenheit) using coal, emitting about two tons of carbon dioxide for every ton of steel produced. We also have a historic opportunity to decentralize the global iron and steel supply chain and re-shore manufacturing and mining jobs.

Coal 360
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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Electra uses renewable energy to refine low-grade iron ores into high-purity iron through electrochemical and hydrometallurgical processes. This material will be used in the steelmaking process to offset other high-quality metallics that come with higher greenhouse gas emissions. Electra’s process results in zero carbon dioxide emissions.

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