Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C
Green Car Congress
OCTOBER 7, 2022
Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. The “Iron Ore Challenge”: Commercial iron ores with iron content of 62% or higher are projected to be in short supply by the early 2030s.
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