MIT spinout Boston Metal has powered up its electricity driven steel production reactor and made over a ton of metal in a crucial step toward commercializing its process. With clean electricity, the ...

The new funding is from a consortium led by Sweden’s prominent Wallenberg family, allowing it to complete construction of its ...

Stegra has secured €1.4B in new financing led by a Wallenberg Investments consortium, giving its Boden green steel plant a ...

Swedish steel company executive Lars Lundström knows his industry has a big problem with greenhouse gases. Steel furnaces are enormously energy intensive, and the traditional steelmaking process also ...

An economical process with green hydrogen can be used to extract CO2-free iron from the red mud generated in aluminum production. The production of aluminium generates around 180 million tonnes of ...

UNSW expert Professor Yansong Shen explains why it is so important to find a way to produce iron and steel in a more environmentally friendly and feasible way. Subscribe to our newsletter for the ...

BOULDER, Colo.--(BUSINESS WIRE)--Electra, a green iron company, has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent ...

Add Yahoo as a preferred source to see more of our stories on Google. I spent much of 2024 writing about the ambitious plans that U.S. steelmakers had to clean up the coal-reliant industry. But by the ...

An Adelaide-based company has accelerated the deployment of a dry magnetic processing technology aimed at producing green ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. In the north of Sweden, the Stegra factory is being built - the first new steel plant in ...

The production of aluminium generates around 180 million tonnes of toxic red mud every year. Scientists at the Max-Planck-Institut für Eisenforschung, a centre for iron research, have now shown how ...