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Blastr Green Steel announces new strategic investment to minimize water usage and discharge

INKOO, Finland, August 27, 2025 — Blastr Green Steel (Blastr) has announced a new strategic investor in its latest round of financing, aiming to collaborate on best-in-class water systems at its flagship ultra-low CO2 steel plant in Finland.In addition to investing in the project, Ecolab has commenced the design of, and intends to subsequently build and operate the water management system at Blastr’s 2.5-million-ton-per-annum (MTPA) steel plant in Inkoo. Ecolab is a global leader in water, hygiene and infection prevention solutions and services, operating in more than 170 countries. Its

Joddböle V zoning plan in Inkoo approved, landowners sign land use agreement – significant progress for steel plant project

Helsinki, Finland, May 13, 2025 – The Inkoo Municipal Council has approved the Joddböle V zoning plan, which guides the land use of the Joddböle industrial area. Blastr, the landowners in the Joddböle area, and the Municipality of Inkoo have also signes a land use agreement, which agrees on the allocation of costs for related to the implementation of the zoning plan.The Joddböle V zoning plan enables the construction of a low-emission steel mill and a hydrogen production plant in Joddböle industrial area in Inkoo, Finland. The plan also allows for other industrial activities alongside the

Blastr Green Steel completes partner financing round for ultra-low CO2 steel value chain

Helsinki, Finland, February 3, 2025. Blastr Green Steel (Blastr) has successfully completed a second strategic partner financing round, advancing the development of a European integrated ultra-low CO2 steel value chain with its flagship steel plant in Finland.The partner financing round included three of Blastr’s founding investors and three new investors based in Finland, all with a common emphasis on sustainable growth. The new investors are: · Aurora Infrastructure, a company providing industry-leading solutions for asset financing, transfer and development of existing or new

Blastr Green Steel expands INTERFER collaboration, signing low-carbon steel offtake agreement

Helsinki, November 28, 2024. Blastr Green Steel (Blastr) has signed a Memorandum of Understanding with INTERFER Edelstahl Group, a leading European steel trading company, for the annual supply of 150,000 tonnes of ultra-low CO₂ steel products. This is the second offtake agreement announced in just over a month, covering a combined 10% of the planned capacity at Blastr’s green steel plant under development at Inkoo, Finland."INTERFER is one of Blastr’s shareholders and we are very pleased to expand our partnership to also include delivery of low-carbon steel products. The agreement

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