Gravithy

Description

GravitHy is redefining the future of steel, one of today’s hardest-to-abate sectors, representing around 8% of global CO2 emissions. Supported by leading industrial and financial partners, we will produce Hot Briquetted Iron (HBI) using our low-carbon hydrogen. By supplying steelmakers with this game-changing product, HBI, we enable the green steel transition, help secure strategic raw materials, and support industrial sovereignty where we operate. Our first plant is taking shape in Fos-sur-Mer (Southern France). This strategic location combines: competitive low-carbon electricity, a world-class port with existing logistics infrastructures, strong metallurgical know-how, and the necessary water resources. This unique industrial ecosystem will ensure efficient execution and competitive operations, providing GravitHy with all the needed assets to become the cornerstone of Europe’s green steel revolution.

Gravithy

GravitHy is redefining the future of steel, one of today’s hardest-to-abate sectors, representing around 8% of global CO2 emissions. Supported by leading industrial and financial partners, we will produce Hot Briquetted Iron (HBI) using our low-carbon hydrogen. By supplying steelmakers with this game-changing product, HBI, we enable the green steel transition, help secure strategic raw materials, and support industrial sovereignty where we operate. Our first plant is taking shape in Fos-sur-Mer (Southern France). This strategic location combines: competitive low-carbon electricity, a world-class port with existing logistics infrastructures, strong metallurgical know-how, and the necessary water resources. This unique industrial ecosystem will ensure efficient execution and competitive operations, providing GravitHy with all the needed assets to become the cornerstone of Europe’s green steel revolution.

Market Segment

D. Energy consumption

Themes

Decarbonisation of industry
District heating grid

Main market segments

Decabonising the industry

Sub market segments

Industry

Commercial stage

Early stage

Country

France

UN Sustainable Development Goals

SDG 7 - Affordable and clean energy
SDG 8 - Decent work and economic growth
SDG 9 - Industry, innovation and infrastructure
SDG 12 - Responsible consumption and production
SDG 13 - Climate action