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£300 Million Steel Plant Proposed for Former U.K. Port

According to the BBC, the port’s owners, Ardersier Port Ltd., have outlined a plan to transform the site into an offshore wind farm manufacturing hub, which will include a £300 million (US$400 million) electric arc furnace (EAF) steelmaking facility. The new EAF would be powered by offshore wind and recovered waste energy, the BBC said.
 
In a statement reported by U.K. news site The Engineer, Tony O’Sullivan, one of the owners of the Ardersier Port, said, “By building a new renewable-powered electric arc furnace at Ardersier Port, the first new-build steel mill in the U.K. for 50 years, we will utilize a million tonnes of scrap each year. … our green steel mill will be revolutionary: it will be the only place in the world where the scrap from decommissioning is processed into steel.”
 
Read more from the BBC and The Engineer here and here.