The dawn of a green industrial revolution

We are dedicated to speeding up the decarbonization of the steel industry (responsible for approximately 8% of the global CO₂ emissions), with the support of our shareholders, who are leaders in the value chain.

How do we achieve this? By producing low CO₂ direct reduced iron (DRI / HBI) using on-site production of renewable and low-carbon hydrogen.

Paving the way for clean reindustrialization

We plan to build and operate our first decarbonized iron plant in Fos-sur-Mer, in the south of France. This initiative represents a total investment of 2.2 billion euros and is expected to create 500 direct jobs.

Our ambitious goal is to reduce CO₂ emissions in the production of iron, which currently accounts for about 80% of CO₂ emissions related to steel production.

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