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Swedish Green Steel Firm Gets Permit to Build First Plant

  • H2 Green Steel plans to start operations in 2024-2025
  • Company is seeking about 4 billion euros to fund construction
Updated on

Sweden’s H2 Green Steel took a vital step toward building its first facility in the north of the country after receiving the go-ahead from a local court. 

The main permit was for construction of the plant, the Land and Environmental Court in Umea said in a statement on Friday. It also granted approval for rerouting a stream, while stipulating that the company must take measures to protect local people and the environment.