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Nucor investing in start-up company Electra developing zero-carbon iron technology

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Nucor Corporation, a North American manufacturer of steel and steel products, has made an equity investment in Electra , a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. Electra’s process results in zero carbon dioxide emissions.

Carbon 293
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ArcelorMittal publishes concept for global low-carbon emissions physical steel standard

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ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. Dual scoring system.

Standards 431
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Utah-based Energy Fuels to enter commercial rare earth business in Q1-2021

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Energy Fuels expects to process this monazite at its 100%-owned White Mesa Mill starting in Q1-2021, recover the contained uranium, and produce a marketable mixed REE carbonate, representing an important step toward re-establishing a fully-integrated US REE supply chain. Therefore, 2,500 tons of monazite per year represents less than 0.4%

Utah 417
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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.

Coal 360
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National labs team delivers techno-economic analyses of H2 DRI scenarios for green steel

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Hydrogen-based direct reduced iron (H 2 -DRI) is an alternative pathway for low-carbon steel production. Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. …

Green 355
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SGL Carbon produces prototypes of fully integrated composite battery enclosures for NIO; battery swapping

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In collaboration with SGL Carbon, Chinese automotive manufacturer NIO has developed prototypes for battery enclosures made of carbon-fiber reinforced plastic (CFRP) for its NIO high performance electric vehicles. Commercial battery enclosures for electric vehicles are mainly made of aluminum and steel.

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MAHLE developing portfolio of solutions for fuel cell drives in commercial vehicles

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MAHLE is developing a modular fuel cell systems portfolio focused on commercial vehicles, based on its current range of components. New opportunities are opening up for heavy-duty commercial vehicles. This is helping to reduce technological barriers and improve the suitability of vehicles with fuel cell drives for the mass market.