zoulou while CementaAB does produce concrete the traditional way it’s new plant will be focused on lower emissions products. They use 200,000t per year of waste slag instead of lime ( high emissions) to produce one of the worlds lowest emission concrete products. It’s the reason why LKAB are preferring them .
And LKAB use several hundred thousand cubic metres per year of concrete.
LKAB right now get no immediate value from incorporating this in their operations , but by starting now when the carbon market becomes law in 2 years they will have derisked their operations and premium valued their ‘Hybrit’ product. Which means of course SSAB’s green steel.
Its big bikkies to transition .LKAB from comments I’ve seen will need to spend over USD$1b per year for the next 10-15 years.For that you really need certainty in the supply of materials ie CementaAB.
Re Talga it can be seen a lot of big Swedish fish pushing the same direction, that helps immensely.
Talga’s approvals are expected early next year. It is also about the same time ( spring) that the Swedish parliament is due to hand down their review of the current permit regulations.
You could expect some serious conversations to be going on with the government before then.
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