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Element Zero Raises US$10M Seed Funding Led by Playground Global to Scale up Green Materials Platform, Decarbonize Iron and Other Critical Metals Production

Element Zero Raises US$10M Seed Funding Led by Playground Global to Scale up Green Materials Platform, Decarbonize Iron and Other Critical Metals Production

01/17/24, 4:14 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/AU.svgmalaga
Money raised
$10 million
Industry
mining
Investors
Playground Global
Element Zero announced a US$10 million seed funding round led by Playground Global to scale up its green materials platform and decarbonize iron and other critical metals production.

Company Info

Company
Element Zero
Location
malaga, perth, australia
Additional Info
Element Zero is a green materials platform company working towards zero-carbon iron and steel and other future-facing metal production. Headquartered in Australia, the company has developed a cost-effective and efficient pathway to convert iron ore and other minerals into their pure metal form with zero carbon emissions. The modular approach of the Element Zero process aims to address 8% of global carbon dioxide emissions from iron and steelmaking. Element Zero is developing a portfolio of projects to accelerate market adoption, the first of which will be located in the north of Western Australia, the world's largest source and holder of iron ore reserves.

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