Primetals Technologies Ltd., in partnership with Mitsubishi Corp., Rio Tinto plc, and voestalpine, has announced a collaboration to fast-track the development of fluidized-bed and smelter technologies for ironmaking. The focus is on achieving net-zero CO2 emissions through a new hydrogen-based direct reduction and smelting plant in Linz, Austria, with a planned startup in mid-2027. The project will involve an industrial-scale prototype plant showcasing a new process for ironmaking that involves the HYFOR and Smelter solutions from Primetals Technologies. The innovative process does not require agglomeration steps and is expected to revolutionize steel production by producing hot metal with potential net-zero CO2 emissions. Key players like Rio Tinto will provide technical input, supply a significant portion of the iron ore required, and support the commercialization of fluidized bed technology. The collaboration aims to accelerate the adoption of fines-based ironmaking, offering benefits to both steelmakers and miners. Funding for this groundbreaking initiative comes from various sources, including the Austrian federal government, the European Union, and initiatives like the Clean Steel Partnership and the European Union Clean Hydrogen Partnership. The support from these entities underscores the importance of transitioning towards sustainable steel production using innovative technologies and green hydrogen. This project not only showcases technological innovation but also demonstrates a strong commitment to decarbonizing the steel industry and reducing CO2 emissions.