
Best of: Inside the stealth startup making zero-emission steel
Zero: The Climate Race
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How to Make Green Steel With Ores
In early 2021, we had on a benchtop the entire process now going all-way from ore into pure iron already on place. Using that process and showing that it can be economically done at a price point that the world needs,. We then went and raised additional capital and we raised 28 million by June of 2021. So now we have total raised $82 million. In stockings, it's in the end of August, the number has gone up to $85 million. And one of your investors is a mining company called BHP. Why is BHP interested in this? To be honest, bringing strategic investors very early in the startup is not what a typical venture capital community will advise
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