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NAMSTEEL was founded in 2023 in Windhoek, Namibia with the goal of becoming the world’s first 100% CO2-neutral steel mill. The company uses solar power and hydrogen as a reduction agent to produce green steel, aiming to be a pioneer in zero-emission steel production. The project is planned to be completed in 2025 with a production capacity of 1,000,000 tons of HBI steel annually.
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