20
Feb
18:51
ArcelorMittal's XCarb fund invests in Boston Metal research
ArcelorMittal’s 2021 XCarb Innovation Fund has invested $36 million in Boston Metal, sponsoring its research into molten oxide electrolysis (MOE) technology, which it expects to bring to market in 2026, Kallanish understands.
MOE transforms iron ore into iron, using clean electricity, thereby removing carbon from the steelmaking process (see Kallanish 30 January 2023).
Boston Metal is working in tandem with the Brazilian state of Minas Gerais where subsidia…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous