NLMK Group and Lipetsk Region sign memorandum to build new waste energy recovery power plant

NLMK Group, a global steel company, and the Administration of the Lipetsk Region have signed a memorandum of intent to build a new recovery power plant at NLMK Lipetsk, running on by-product gases from hot-end operations. The project will enable a reduction in carbon oxide (CO) emissions by 3,000 tonnes per year and a decrease in greenhouse gas emissions (CO2) by 650,000 tonnes per year.