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    Environment and Energy

    Electra Startup Secures Funding for Low-Temp Iron Production

    Written by Becca Moczygemba


    Green iron startup company Electra has raised $85 million to support its production of low-temperature iron (LTI). The process will utilize commercial and low-grade ores and zero-carbon electricity.

    clean energyThe Boulder, Colo.- based company focuses on iron refining without a green premium and is backed by various organizations, including the Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures and others.

    Becca Moczygemba

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