12
Jan
13:33
Boston Metal secures $50m for emission-free steel
Emissions-free steel start-up Boston Metal has drummed up $50 million in Series B funding for its molten oxide electrolysis development.
The financing round was led by Piva Capital and the venture capital arm of BHP, Kallanish notes.
“Boston Metal is ushering in a new era of metallurgy,” says ceo Tadeu Carneiro. “Steel production has relied on the same basic formula for millennia, and revolutionising such an industry requires a rare combination …
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Very good overview of the weekly steel market.
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