PRIMETALS TECHNOLOGIES AND MIDREX TECHNOLOGIES SIGN CONTRACT WITH MIKHAILOVSKY HBI FOR WORLD´S LARGEST HBI PLANT

Mikhailovsky HBI, which was jointly established by USM and Mikhailovsky GOK (part of Metalloinvest), signed a contract with Primetals Technologies and consortium partner Midrex Technologies, Inc. to supply a new Hot Briquetted Iron (HBI) Plant in Zheleznogorsk, Kursk region, Russia. The plant is designed to produce 2.08 million metric tons of HBI per year. Latest design features ensure reduced energy consumption and environmental impact. The contract includes engineering, supplies and advisory services. Startup is expected in the first half of 2024.

The agreement was signed by Pavel Mitrofanov, Deputy CEO of USM; Stephen Montague, President and CEO of Midrex; Etsuro Hirai, Chief Technology Officer of Primetals Technologies and CEO of Primetals Technologies Austria; and Aashish Gupta, Executive Vice President and Head of Global Business Unit – Upstream, Primetals Technologies.

Ivan Streshinsky, CEO of USM, said: “This is the start of an important project for the Russian metals and mining industry that will further strengthen our country’s leadership in the global market for HBI, the base product for the green metallurgy of the future. One of the world’s largest HBI plants will be built and commissioned in close technological cooperation with Metalloinvest.”

“Mikhailovsky HBI project will help fill the growing demand for low CO2 metallics that our industry desperately needs,” Stephen Montague, President and CEO of Midrex said.  “We are proud of our contribution in development of HBI production and the role that Midrex plays in helping steelmakers to decarbonize.”

“Previously we have successfully completed HBI 2 and HBI 3 at Lebedinsky GOK. That Primetals Technologies and Midrex have been selected by Mikhailovsky HBI as the technology supplier underscores trust in expertise of our specialists and in our solutions,” Etsuro Hirai, CEO of Primetals Technologies Austria said. “This project will include all the latest technological features and will be one of the largest and most modern HBI plants in the world.”

Source:primetals.com