Greeniron: €1.7m

Case

10/04/22

“We at GreenIron have very much enjoyed working with GAEU. We perceive GAEU and its specialists to be very competent and friendly and it has been great to work with GAEU.”

Edward Murray, CEO at GreenIron

Our Client Greeniron H2 AB has together with Copperstone Resources AB received 17 MSEK (approx. 1.7 MEUR) from Vinnova to perform a joint R&D project that aims to optimize material handling both before and after GreenIron's process furnace. The project will increase the understanding of the process itself, as well as the various process steps that exist before and after the reduction process.
The funding has been granted within Vinnova’s program “Upscaling for a sustainable industry 2022”. In the 2022 round, the project led by GreenIron received the highest funding among the selected proposals, see the list of winners here: https://lnkd.in/dv-JfBhD

Tomasz Wąsik comments: "At GAEU we are proud and humble to be given trust to support this truly transformative industrial project. It is not often that you are given a chance to work with a technology of such sustainability caliber. This funding is the biggest grant our Client has ever received from Vinnova, so this is a historic success for our company! We thank GreenIron and Copperstone Resources for the trust in our team and keep our fingers crossed for the successful execution of this project."