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The start-up of the pilot production at the Lingen site is a major milestone for us in bringing the “green iron” product to market maturity and establishing German technology worldwide. Here in Lingen, we are already using iron ore from Namibia to optimize the process and the product.
The tight supply/demand situation for graphite electrodes is expected to persist for much longer than many market observers expect. Meanwhile, needle coke is being increasingly diverted into the battery market. Price rises are the result of a perfect storm of conditions in China, Roskill said.
The organization’s headquarters in Geneva is currently, for instance, investigating connectivity credit markets —that would create, according to Giga’s website, incentives akin to the carbon credits marketplace in the sustainable energy world.
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