Electra, a green iron company, has partnered with Nucor Corporation, the largest steel producer in the US, to scale its low-temperature iron (LTI) solution that emits zero carbon dioxide emissions using low-grade ores and intermittent renewable electricity.
Through this partnership, Nucor will use Electra's iron to further lower the carbon emissions of its sustainable steel and steel products.
Electra’s process involves electrochemically refining iron ore into pure iron at 60oc (140 degrees Fahrenheit) from low-grade ores using intermittent renewable electricity
“Electra’s process to produce carbon-free iron has the potential to transform the steel industry.”
Doug Jellison, executive vice president of raw materials at Nucor
“As part of our commitment to further reduce our GHG intensity, we are investing in a number of emerging technologies to help reduce our Scope 3 emissions for the raw materials mix we use to make advanced grades steel," said Doug Jellison, executive vice president of raw materials at Nucor. “Electra’s process to produce carbon-free iron has the potential to transform the steel industry.”
''Electra's solution to remove gigatons of carbon dioxide emissions from steel production and other hard-to-abate industries goes hand-in-hand with Nucor's commitment to a sustainable future.''
Sandeep Nijhawan, CEO and co-founder of Electra
Sandeep Nijhawan, CEO and co-founder of Electra, said: "Today, as deployed renewable energy increases and the supply of higher-grade iron ores decreases, we see a significant opportunity for Electra's ironmaking process to drive sustainable iron and steelmaking. Electra's solution to remove gigatons of carbon dioxide emissions from steel production and other hard-to-abate industries goes hand-in-hand with Nucor's commitment to a sustainable future. We are grateful for partners like Nucor who are helping to scale Electra's process of green iron production."