H2 Green Steel has signed a significant early term sheet agreement with Lindab, a Swedish ventilation firm, for a seven-year supply contract of 159,000 tonnes of green steel. The agreement marks another milestone for H2 Green Steel's Boden plant in Sweden, with planned deliveries to commence in 2026. This green steel production is expected to have up to 95% less carbon dioxide emissions compared to traditional steelmaking, achieved through the use of green hydrogen produced on-site from 700MW of electrolysis for direct reduction of iron. The partnership between H2 Green Steel and Lindab signifies a mutual commitment to reducing the CO2 footprint in the steel industry. Binding contracts, like the one with Lindab, are crucial for H2 Green Steel to secure financial support for its operations. The importance of long-term commitments from customers is highlighted, with customers willing to pay premiums for sustainable steel production. H2 Green Steel is focused on optimizing its operations to be as low-carbon as possible, emphasizing the benefits of both environmental sustainability and financial viability in the long run.