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Molten Industries Leads Strategic Partnership With U. S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production

Molten Industries Leads Strategic Partnership With U. S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production

07/23/24, 12:37 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgoakland
Money
$5.4 million
Industry
renewable energy
energy
Type
partnership
Molten Industries is spearheading a collaborative effort with U. S. Steel and CPFD Software to design, build, and test a pilot-scale system aimed at eliminating carbon emissions from iron reduction, funded by a $5.4M DOE grant. The project's main objective is to demonstrate the integration of methane-pyrolysis-driven hydrogen production with a pilot direct reduced iron (DRI) shaft furnace at Molten's facility, with anticipated outcomes including significant energy, carbon intensity, and cost reductions—a pivotal stride toward sustainable steel production.

Company Info

Company
Molten Industries
Location
oakland, california, united states
Additional Info
Molten is commercializing breakthrough technology to produce the lowest-cost, cleanest hydrogen to decarbonize heavy industrial sectors such as steel, fertilizer, fuels, and plastics.

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