Article

GravitHy, Elyse Energy, and Marcegaglia have signed a Memorandum of Understanding to explore industrial synergies in Fos-sur-Mer, France. This agreement aims to support the establishment of a low-carbon industrial hub in the region, focusing on three complementary projects for industrial decarbonization. GravitHy plans to produce 2 million tons of low-carbon Hot Briquetted Iron by 2030, Elyse Energy aims to manufacture low-carbon molecules like E-methanol and sustainable aviation fuel, and Marcegaglia seeks to modernize low-carbon steel production with a 90% reduction in greenhouse gas emissions by 2028.