Blastr Green Steel signs electricity agreement with Aurora Infrastructure

Aurora Infrastructure is a Finnish electricity network partner for the industry, responsible for network development, necessary network investments, and network maintenance and operation as a complete solution.

“Blastr will explore the possibility to outsource its electricity networks to Aurora Infrastructure, who have specialized expertise for operating industrial electricity networks ensuring the reliability and timely execution of network investments. The work under evaluation covers everything from design, construction, network operation including routine maintenance and financing of the network investment, lowering Blastr’s capital investment and enabling Blastr to focus on its core business,” said Blastr’s chief technical officer Mikael Lindvall.

This partnership marks a significant milestone in the development of Blastr’s low-carbon mine-to- gate steel value chain, says the company, with 90% lower C0₂ emissions than conventional steelmaking by using hydrogen instead of coal in the iron production process and feedstock made with carbon-free energy.

“The collaboration with Aurora Infrastructure is a critical step forward in realizing our vision of producing green steel at scale. Aurora Infrastructure’s deep experience in energy solutions makes them an ideal partner for this project. We are excited to work together to advance the Inkoo plant, which will not only reduce carbon emissions but also strengthen Finland’s position as a leader in green industrial innovation,” said Mark Bula, CEO of Blastr Green Steel.