Day: January 31, 2022
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Severstal ivests i revolutioary ew techology to produce low-carbo hydroge
February 1, 2022 PAO Severstal has announced an investment in Ekona Power Inc., a Canadian developer of low-carbon hydrogen production technology. According to Ekona Power Inc., in addition to Severstal Ventures, American technology company Baker Hughes (headquarters: Houston, Texas), Japanese trading and investing company Mitsui (headquarters: Tokyo, Japan), and American oil company ConocoPhillips (headquarters: Houston,…
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Russia’s Electrochemical Plant sees record revenue from isotopes
In 2021, the revenue from the sale of isotope products from Russia’s Electrochemical Plant (part of Rosatom’s Fuel Company TVEL) increased by 8% year-on-year, to more than RUB1.6 billion ($20m) for the first time. Foreign proceeds from the sale of isotope products on the world market amounted to about $18.5 million. This is not the…