Power Plant,
hydrogen Plant,
Steel Plant.
Time for new times.
Power Plant,
Our Future
Timeline & Perspective
We are on the Home Stretch.
Finally, an overview of which steps are going to be taken (not only) after the crucial financing commitment – and which ones will follow.
The Project Timeline
The construction and development schedule is based on the following project phases:
- Start of construction solar power plant 6-12 months from financing commitment
- Start of construction hydrogen plant 6 months from the start of con. of the solar power plant
- Start of construction steel mill 6 months from the start of con. of the solar power plant
- Series production 4-5 years from the start of general construction
The Scaling
Future capacity increases can already be calculated as follows:
- Production capacity from commissioning plant: 1,000,000 tons per year
- Subsoil capacity for additional plants: 5,000,000 tons per year
- Construction time for further works: 3 years
NAMSTEEL’s potential HBI production in the coming decade: On the basis of existing planning and ownership conditions, an expansion of the production facilities to a total capacity of 5 million tons per year is possible.
The Site Development
The central development steps in the near future are the construction of the solar power plant, hydrogen plant and steel plant. The acquired areas already have an infrastructural connection and are being developed in parallel. The DRI plant and associated facilities for the production of HBI will be the first to be built on the steel mill site, followed by subsequent steps of further processing and, if necessary, expansions. At the same time, the modernization and completion of the transport routes between the mine, steel mill and transport port is planned and implemented.
NAMSTEEL is convinced that investments in public resources can be worthwhile and will support infrastructural measures for the benefit of all sides if necessary. Many planning and approval steps are already being carried out in cooperation with local representatives and the Namibian government, relevant contacts have already been established and are in ongoing exchange.
The Global Markets
Due to the optimal location in this respect, NAMSTEEL will initially focus on the European and American markets, local markets will of course also be taken into account. A later orientation towards Asia is not ruled out, but it is not currently part of the development phase.
The NAMSTEEL Principle: All-in-One
Immediate access to all resources is NAMSTEEL’s greatest strategic strength. We are proud to already be able to refer to a secure network of sources of supply as well as short transport and decision-making routes. Thanks in part to secure ownership, NAMSTEEL’s entire supply chain is in one hand.
What sets us apart:
- Owner-managed company
with Namibia’s Tom Ortmanns Investments PTY Ltd as a partner - Expertise in strategic management and in the steel industry
with the leadership duo Tom Ortmanns and Sven Koepchen - Flat hierarchies and short decision-making processes
with a project development time of only 18 months to this point - Sole or majority ownership of ALL production steps involved
with complete control over or the own operation of solar power plants, hydrogen production, iron
ore extraction, transport & processing, steel production and logistics.
The CO2-Factor: Development of HBI Costs
Material price, energy price, CO2 price: In the coming years, the cost components of HBI production in the global markets will shift sharply. How we produce completely green and competitive at the same time depends on the composition of these factors. A forecast for 2035.
The main cost components of HBI production at a glance: The bars show the expected ratio of production costs between the markets and their respective compositions. A central factor: the share and pricing of CO2 emissions.
CO2
is the key factor for future steel prices. The successive increase in legally enshrined emission taxes is expected to generate around €450 per ton of CO2 globally by 2035.
Fossile Fuels
are still cheap compared to hydrogen, but increasing emission pricing is making this energy source an offshoot.
Hydrogen
is the main cost factor for NAMSTEEL and its greatest advantage: Technological and chronological leads will pay off over competitors who are catching up.
DRI
is priced by the extraction of the raw material iron ore and the energy used in the reduction process.
Other
costs include transport logistics and administration.
Costs (€) per ton of CO2 using the example of the German Fuel Emissions Trading Act (BEHG): Emission certificates will gradually become more expensive, from 2027 onwards a price corridor (red area) will have to be calculated due to free pricing.
