Group, a global steel company, and Rusatom Overseas (part
of ROSATOM State Corporation) have signed a cooperation
agreement in the field of hydrogen production and the
development of technologies for CO2 capture and utilization.
The agreement sets out joint R&D efforts
in hydrogen production technologies (such as water
electrolysis, steam methane reforming with CO2 capture, methane
pyrolysis) and piloting hydrogen production projects. As part
of the collaboration, the parties also plan to assess the
technical and commercial aspects of producing climate-neutral
Sergey Chebotarev, NLMK Group Vice President for
Energy and the Environment, said:
«The use of low-carbon hydrogen
is a promising area in steelmaking development.
It will enable lower consumption of carbon-containing
resources. ROSATOM is Russia’s industry leader in the
production of zero-carbon energy, and we will work together
to promote the use of hydrogen in steelmaking.»
Evgeny Pakermanov, President of Rusatom
«We see interest in hydrogen technologies
from leading industrial companies, and we are happy to cooperate
with NLMK Group, a major international player in the
steelmaking sector. We are convinced that hydrogen technologies
will fill a solid market niche in the countries and regions
that set ambitious goals of reducing CO2 emissions in the
very near future, and we are developing our own know-how
solutions across the entire lifecycle of hydrogen, including
promising technologies for the production of low-carbon
About NLMK Group
NLMK Group is the largest steelmaker
in Russia and one of the most efficient in the world.
NLMK Group’s steel products are used in various
industries, from construction and machine building to the
manufacturing of power-generation equipment and offshore wind
NLMK operates production facilities in Russia,
Europe and the United States. The Company’s steel production
capacity exceeds 17 million tonnes per year.
NLMK has a highly competitive cash cost among
global manufacturers and one of the highest profitability levels
in the industry. The Company has investment grade credit ratings
from S&P, Moody’s, Fitch, and Expert RA.
NLMK’s ordinary shares with a 20.7%
free-float are traded on the Moscow Stock Exchange (ticker
"NLMK") and its global depositary shares are traded on the
London Stock Exchange (ticker "NLMK:LI"). The share capital
of the Company is divided into 5,993,227,240 shares with
a par value of RUB1. For more details on NLMK
shareholder capital, please follow the link.
For more details on NLMK Group, please visit
For NLMK Group’s photos and corporate videos,
please visit our media library.