09
Feb
15:31
Vale completes zero-emission steelmaker investment
Vale has completed its planned $6 million investment into Boston Electrometallurgical Company - chiefly known as Boston Metal - to explore zero-CO2 steelmaking technologies.
Vale will receive a minority stake in the pre-production company for its money. Boston Metal was founded in 2012 by professors from the Massachusetts Institute of Technology to advance molten oxide electrolysis.
That technique uses electricity to convert metal oxides like iron ore into …
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Anonymous
Very good overview of the weekly steel market.
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