Norton Rose Fulbright advises CarbonFree in agreement to capture carbon emissions from U.S. Steel

United States Press release - Business April 2024

Global law firm Norton Rose Fulbright acted as development counsel to CarbonFree in its definitive agreement with United States Steel Corporation (U.S. Steel) to capture carbon emissions from blast furnaces at Gary Works, U.S. Steel’s largest manufacturing plant in Gary, Indiana.

The agreement sets in motion a project to construct a commercial-scale carbon capture utilization facility at a North American steel plant using CarbonFree’s patented SkyCycle™ technology, which converts carbon emissions into a carbon-neutral version of calcium carbonate before they enter the atmosphere. The Gary Works SkyCycle plant is expected to capture and mineralize up to 50,000 metric tons of carbon dioxide per year.

Construction on the project is expected to begin this summer with operations projected to commence in 2026. The agreement has a term of 20 years following its in-service date.  

Norton Rose Fulbright’s projects team was led by Luke Edney and included Becky Diffen, Mike Stimson, Torie Berkowitz Cadis (Austin), John Young, Kayce Borders (Chicago), Jesse Hollingsworth (Dallas), Bob Greenslade (Denver), Erin Mitchell (Houston) and Bryan Stephan (New York). Tamsen Barrett and Mark Wilson (Austin) serve as intellectual property counsel to CarbonFree.

Contacts

Partner
Partner
Senior Counsel
Senior Associate
Partner
Senior Counsel
Senior Associate
Counsel
Senior Associate
Associate