Strategic Resources concentrate selected for EUR 17 million FutSteel green steel project in Finland

Idaho Strategic Resources Inc
Spire Inc.

Idaho Strategic Resources Inc

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Spire Inc.

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  • Strategic Resources will supply vanadium-rich magnetite concentrate from its Mustavaara project to Finland’s €17 million FutSteel research program.
  • The University of Oulu selected the concentrate for hydrogen-based ironmaking tests tied to fossil-free steelmaking development.
  • FutSteel runs from 2026 to 2029, targeting integration of electric arc furnaces into an existing hot-rolling production chain.
  • The work supports SSAB’s Raahe steel mill transition toward low-carbon steel production in Finland.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strategic Resources Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606291630PR_NEWS_USPR_____TO94418) on June 29, 2026, and is solely responsible for the information contained therein.