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Vale eyes carbon free steel with Boston Metal investment

Brazilian iron ore miner Vale has invested US$6 million in a US-based start-up developing steel decarbonisation technologies.

Vale eyes carbon free steel with Boston Metal investment Vale eyes carbon free steel with Boston Metal investment Vale eyes carbon free steel with Boston Metal investment Vale eyes carbon free steel with Boston Metal investment Vale eyes carbon free steel with Boston Metal investment

A high manganese steel ingot in the hands of Boston Metal co-founder and MIT Professor Donald R. Sadoway. Source: Boston Metal

Vale said the investment in Boston Metal will be used to acquire a minority stake in the company, and promote the technology under its "New Pact with Society" net-zero carbon mining initative.