Hy Stor Energy partner, steelmaker SSAB, selected by Department of Energy for award negotiation to accelerate industrial decarbonization

JACKSON, Miss. and GULFPORT, Miss., March 25, 2024 (GLOBE NEWSWIRE) — The U.S. Department of Energy (DOE) has selected Hy Stor Energy partner, SSAB, to enter federal funding negotiations for potential construction of a manufacturing facility capable of producing HYBRIT® fossil-free Direct Reduced Iron (DRI) with 100% green hydrogen, in Perry County, Mississippi. Under an exclusive LOI, Hy Stor Energy has agreed to supply SSAB with zero-carbon renewable hydrogen from its Mississippi Clean Hydrogen Hub (MCHH) in a direct offtake partnership. 

(GlobeNewsWire)