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GravitHy, Elyse Energy, and Marcegaglia have entered into a Memorandum of Understanding to develop industrial synergies in Fos-sur-Mer, France. The collaboration involves three key projects aimed at decarbonization: GravitHy's facility for producing 2 million tons of low-carbon Hot Briquetted Iron by 2030, Elyse Energy's NeoCarb project for low-carbon molecules from 2030, and Marcegaglia's initiative to reduce greenhouse gas emissions by over 90% in low-carbon steel production by 2028. The MoU includes working groups focused on logistics, circular economy, and regulatory compliance to identify synergies within the broader context of regional industrial transformation.