About the company

Backed by $85M from the leading climate-technology investors, Electra has developed novel technology electrifying ironmaking from iron ore, which if applied globally could eliminate 90% of steelmaking CO2 emissions, which today totals 3.7 gigatons or 10% of global CO2 annually. Electra’s unique patent-pending electrochemical system leverages well-established science, technologies, infrastructure, and markets to accelerate scale-up and adoption by steel producers before 2030.