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The company that owns the mine LKAB are together with swedish Steel producer SSAB producing fossilfree steel. They are working with Volvo to build their electric cars with this steel https://www.ssab.com/en/news/2021/08/the-worlds-first-fossil...

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It's a completely hypothetical process that has 0 proven results and already involved shady deadlings with government, where government officials are chatting with CEO's about how to hide details:

'"As you probably know, it is almost never possible to hide entire documents," she writes apologetically.' [0]

[0]https://www.svd.se/a/pQnQaw/hybrit-har-blivit-ett-klagg

The Hybrit pilot plant is already operational and producing steel, although in small quantities. That sounds like a proven result to me, do you disagree?

Can you summarize what the linked article (unfortunately paywalled and in swedish) says? I am quite interested in this project.

It is unproven that it can be done profitably at scale.

Yeah but that does not equate to "process that has 0 proven results"

LKAB is 100% owned by the Swedish state. 2021 the dividend was pretty large and apparently around 1000 SEK per swede. Well if it would have been paid that way, it's going into the govt balance sheet of course.

For reference: 1000 SEK is about €90/$95

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