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. 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.
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