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Our Boden plantNews

Decarbonizing at scale

We're done with dirty.

Cleaning up heavy industry, which is responsible for 40% of all global CO₂ emissions, is key for tackling the climate crisis. The steel industry alone accounts for more than 7% of the world's CO₂ emissions.

We’re starting a clean industrial revolution.

From H2 Green Steel to Stegra

We are renaming the future. Born to transform hard-to-abate industry for good, we are changing our name, not our mission. Discover the next chapter with Stegra. 

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It all begins in Boden

Get ready for a fully integrated, digitalized, and circular plant in Boden, northern Sweden. Our giga-scale electrolyzer, powered by renewable electricity, will be the largest green hydrogen production plant in Europe. By swapping coal for green hydrogen, we refine iron ore into green iron, emitting steam – just plain water. This is game-changing innovation making it possible for us to produce near-zero emission steel, setting a new industry standard. When fully operational, we will reduce steel emissions by over 7 million tonnes per year. Europe's first new steel mill in 50 years is on its way.

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Hey you! Wanna fight carbon emissions?

Join us in cleaning up the world’s dirtiest industries.

Check our career page

Follow the journey

Direct reduction tower rendering

H2 Green Steel becomes Stegra – new name, same ambition.

Two people stand in front of large pieces of equipment on trailers.

First manufacturing equipment arrived on site in Boden – parts for the direct reduction reactor.

Two workers on a platform surrounded by steel structural beams

Agreement signed with trade union Byggnads in Norrbotten for safe working conditions.

Visionimage-new-web1

Secured funding of close to €6.5 billion.

Raising_steel

Raising the first steel at the Boden plant – civil works and construction begin.

Porsche

Customer agreements with Porsche, Purmo Group and Roba Metals.

Volvo

Customer agreements with Volvo Group and Ingka Group (IKEA).

Boden-sky

€1.5 billon in equity raised – largest private placement in Europe in 2023.

Vale

Iron ore agreements with Vale and Rio Tinto.

Scania

Major customer agreements with ZF Group and Scania.

Merca

Customer agreement with Mercedes-Benz also involving North America ambitions.

Site

Full environmental permit approved by the Land and Environmental Court for the Boden plant.

port of Luleå

Agreement with Port of Luleå as a primary logistics and transportation hub.

Tyssenkrupp

Partnership with thyssenkrupp nucera for the technology to the hydrogen plant.

Steel_1

Major customer agreements with Marcegaglia, Bilstein and SPM.

Fortum

Partnership with Fortum for renewable electricity.

Mobilaris

Partnered with Mobilaris for digital industrial solutions.

Coalition

Co-founded European Cleantech Scale-Up Coalition, supported by Breakthrough Energy.

Northern lights

Equity round closed at €260 million.

Plant-entré

Partnership with SMS group for the technology to the steel plant.

Kobe steel 2

Partnership with Midrex for technology to the DRI plant.

DRI plant Boden

Secured €190 million in funding.

Groundbreaking

Groundbreaking ceremony at the Boden plant.

Site prep

Groundworks to prepare for construction at the Boden plant.

Statkraft

Partnership with Statkraft for renewable electricity.

Boden plant before

Permissibility permit approved by the Land and Enviromental Court for the Boden plant.

Steel

Pre-sold over 1.5 million tonnes of green steel to customers.

Tower Timeline

Completed an initial funding round of USD 105 million.

Launch Timeline

Launch of the company.

Open positions

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Stegra in cooperation agreement with Port of Narvik and Kaunis Iron

Photo: Narvik kommune
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Stegra joins LeadIT industrial transition group

Lina Håkansdotter, Stegra's Chief Sustainability and Corporate Affairs Officer (middle), shakes hands with Benjamin Dousa, Sweden's Minister for International Development Cooperation & Foreign Trade, (right) and Tanmaya Lal, Secretary at India's Ministry of External Affairs
News

Stegra granted state aid from the Industrial Leap and The Swedish Energy Agency

An aerial image of Stegra's construction site in Boden from summer 2024.