HyIron has secured its first off-take agreement with German steel manufacturer Benteler, which will see the supply of 200,000 tonnes of direct reduced iron (DRI) annually. The project commenced operations with a state-of-the-art 12MW electrolyser, the largest of its kind in Southern Africa, capable of producing 15,000 tonnes of DRI annually in its first phase. […]
The post HyIron secures off-taker, eyes N$3.8bn investment for phase 2 first appeared on The Brief | Namibia’s Leading Business & Financial News.
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