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Sign upThe Solutions Explorer lets you create alerts that match your needs. You can create several alerts and you will receive a notification each time a new Solar Impulse Efficient Solutions is labeled and matches your filters.
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Sign upMore Circularity Less Mining
A combustion-free process to produce metals from ore and residuals for a more circular world
01.
Identification
GreenIron has a process to address a global market and efforts to lower the GHG output of metal production from Q3 2023. The outputs of the GreenIron process are valuable commodities extracted from magnetite, hematite, other metal oxides, minerals, waste, and residual products from the steel, mining, foundry, and manufacturing industries. The process is completely CO2 free, the only emissions from the process are water and metals. The solution can make a difference in the industry today as it works in batches, which enables modular and scalable operations close to the sources and our customers.
Sector
Application
Target client profile
Tags
Label Date
March 21, 2023
By
GreenIron
From
Sweden
Maturity stage
Medium and large scale commercialization
Looking For
Network, New clients, Visibility, Partners
Sectors - Value chain - Application
Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
- Video
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- Images
02.
The environmental benefits
- •To reduce one ton iron ore only consumes 37 kg hydrogen as the residual gas is used in the next batch
- •The total energy consumption for GreenIrons' furnace is less than 2/3 compared with a blast furnace
- •Usage of batch processes run 24/7; every batch can be different, which adds flexibility in handling materials
- •Every furnace can reduce CO2 emissions by at least 54 000-90 000 tons CO2eq per year
- •If GreenIron's technique was used to recycle annual flow of oxidized scales and filter dust, all iron mines in Europe and North America could be closed
03.
The Financial benefits
- •The tolling fee for the customer is 30-80% of the value from the recycled material
- •The payback time for the customer is close to zero years
- •Low capital investment and low supply chain cost
04.
Activity Region
- Map
- /
- List
Europe
Asia
North america
- Headquarters
- Activity
05.
Company Profile
GreenIron
More Circularity. Less Mining. THE FOSSIL-FREE PROCESS. FROM ORE AND RESIDUALS TO METALS INTO A CIRCULAR WORLD
View company profile Solution website
Headquarters
111 43 Stockholm, Sverige
06.
Related Topics
07.
Complementary solutions
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.