Strategic Resources and Cipher Neutron have executed a collaboration agreement to study supplying the BlackRock Project’s metallurgical facility with Anion Exchange Membrane (AEM) Electrolysers. These AEM Electrolysers manufactured by Cipher Neutron will be designed to produce Green Hydrogen in order to support the transition to Green Steel.
As per Strategic’s recent NI 43-101 Feasibility Study, Strategic plans on using natural gas for its Tenova HYL Energiron direct reduction plant, which can also use hydrogen. The Collaboration Agreement will enable Strategic to accelerate its hydrogen development roadmap and move towards producing near emissions free iron metallic products for use in electric arc furnaces and steel foundries.
The work contemplated by CN and Strategic for the first phase of the collaboration will consider the possibility of further advancing the GHG reduction achievements of Strategic towards even lower emissions.
Sean Cleary, CEO of Strategic Resources, stated: “Cipher Neutron’s AEM technology has significant game-changing potential and is an excellent fit with the developing hydrogen strategy of Strategic’s BlackRock Project. We look forward to incorporating the AEM electrolyser technology, such as that of Cipher Neutron, to foster a greener and more sustainable future in line with global reduction of GHG. Strategic Resources has a long history of fostering green and sustainable technology and we welcome the opportunity to be a part of the development of the growing Green Hydrogen Economy and support the transition to Green Steel for the Western World.”
Gurjant Randhawa, President and CEO of Cipher Neutron, stated: “Cipher Neutron welcomes this very significant alliance with Strategic Resources on its ongoing energy projects. Approximately seven percent (7%) of the total carbon dioxide produced in the world emanates from the iron and steel industries. We commend Strategic Resources for its leadership in Green Hydrogen adoption which can considerably change forever these highly intense GHG emissions sectors. We believe that carbon emissions and other harmful impacts on our environment can be reduced drastically in the Province of Québec and across the globe by deploying CN’s AEM Electrolysers.”
