The project will annually produce fuel that is enough to run half a million cars
In a first for the industry, steel giant ArcelorMittal will use a microbe obtained from a rabbit to convert waste gases produced during steel making into a fuel that can run cars. For this, the multinational, owned by India-born Lakshmi Mittal, plans to spend about US $96 million.
To execute the project, ArcelorMittal has teamed up with LanzaTech, the carbon recycling company, and Primetals Technologies, a leading technology provider. The technology will use a microbe originally found in a rabbit’s gut to create bioethanol from waste gases produced during the steelmaking process.
The project that will be located in the multinational’s Ghent plant in Belgium is being seen as a double-edged sword that will reduce carbon emissions significantly and produce fuel enough to run half a million cars annually. The project. “This partnership is an example of how we are looking at all potential opportunities to reduce CO2 emissions and support a transition to a lower carbon economy,” said Carl De Maré, vice president, innovation, ArcelorMittal.
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