Green Steel technology company Boston Metal raises $120M, ArcelorMittal invests $36M
Boston Metal’s patented Molten Oxide Electrolysis (MOE) process is being commercialized to produce both green steel and high-value metals, such as tin and niobium.
Boston Metal’s patented Molten Oxide Electrolysis (MOE) process is being commercialized to produce both green steel and high-value metals, such as tin and niobium.
Gonvarri’s Carbon Neutral Plan is incorporated into the company’s decision-making, business strategy, management and performance metrics.
ArcelorMittal’s €200 million ‘Steelanol’ project is a first of its kind for the European steel industry, utilising cutting-edge carbon recycling technology developed by project partner LanzaTech.
The ArcelorMittal Dofasco plant will transition away from the basic oxygen furnace steelmaking production route to the DRI – Electric Arc Furnace (EAF) production route.
The ResponsibleSteel Standard is unique in addressing not only climate change but other issues also across the whole ESG spectrum.
Fluxys, ArcelorMittal Belgium, and North Sea Port are pressing ahead to develop a key infrastructure accommodating the CCUS chain.
Gestamp has a very important role in validating the low-carbon emissions steel produced by ArcelorMittal.
ArcelorMittal’s climate action goals include a target to reduce CO2 emissions by 35% by 2030 in Europe, and a group-wide target to be CO2 neutral by 2050.
Physical steel products would be classified as lower, and ultimately near-zero, carbon emissions steel.
ArcelorMittal acquired several facilities from environmental services and recycling company ALBA International Recycling.
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