
DESCRIPTION
Boston Metal’s technology is enabling steel production to be completely CO2 free, as well as cheaper and more efficient than traditional processes.
INDUSTRY VERTICAL
Materials & Sustainability
INSIGHTS
Boston Metal is a company that specializes in the development of innovative, low-cost, and sustainable metals production technology. The company's technology is based on a process known as molten oxide electrolysis (MOE), which uses electricity to extract metal from its oxide form without the need for carbon-intensive processes such as smelting or blast furnaces.
The MOE process involves melting metal oxides in an electrolytic cell and then using an electrical current to split the metal from the oxygen. This results in a highly pure metal product that is more sustainable, efficient, and cost-effective than traditional metal production methods.
One of the main benefits of Boston Metal's technology is its ability to produce metals with a low carbon footprint. Traditional metal production methods are energy-intensive and rely heavily on fossil fuels, which contribute to greenhouse gas emissions. In contrast, the MOE process can use renewable energy sources such as wind and solar power, making it a more sustainable and environmentally friendly option.
Another advantage of Boston Metal's technology is its ability to produce high-quality metals that are free of impurities. This is because the MOE process is highly precise and can be finely tuned to produce the desired metal product.
NOTABLE INVESTORS
ArcelorMittal
Microsoft Climate Fund
BHP Ventures
BMWi Ventures
Breakthrough Energy Ventures