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Using Hydrogen (H2) to Reduce Magnetite (Fe3O4) to Iron (Fe)

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Using hydrogen (H2) to reduce magnetite (Fe3O4) to iron (Fe) is considered to be "greener" than using carbon monoxide (CO) because


Definitions:

Production Based

A method or approach that focuses on enhancing the efficiency and output of the manufacturing process, often measured against set production targets.

Straight-Line

A method of allocating the cost of an asset evenly over its useful life for the purposes of depreciation or amortization.

Declining-Balance

A method of depreciation where an asset loses value at a rate that decreases over time, opposite of straight-line depreciation.

Useful Life

The estimated duration of time an asset is expected to be useful and productive for the purpose it was acquired.

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