The Challenge
Every year, the world produces 1.9 billion metric tonnes of steel predominantly by melting high-grade ores with coal and other minerals in furnaces operating at 1,600 degrees Celsius, emitting 10% of global carbon dioxide emissions.
By decarbonizing ironmaking, which accounts for 90% of steel’s emissions, we’re forging a cleaner and greener future for emission free steel.
Our Solution
A low-temperature, electrochemical-hydrometallurgical process that can utilize low-grade ores and be powered by intermittent renewable energy that improves sustainability and circularity of the steel industry.
Our Technology
Our process operates at 60 degrees Celsius and removes critical impurities from low-grade ores to produce high purity, gangue-free iron metal that can be charged directly into electric arc furnace (EAF) steelmakers.
Bending The Trajectory of Climate Change
Green steel is just the beginning for us. Meet our magnetic team dedicated to addressing Earth’s biggest decarbonization challenges.
Meet UsMagnify Your Impact
If you’re ready to positively impact the planet, passionate about environmental sustainability, and excited to work in a dynamic environment, we want to meet you.
Join Us