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
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.