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Electra Steel
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Developer of technology to electrify iron and steelmaking

Founded in 2021
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Company type Private Public ()
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Industry Group materials & chemicals

Sector industrial materials

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Boulder, CO Boulder, United States
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Updated by at on 10/05/2023

Edited by Cleantech Group on 06/19/2024

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12/08/2022
Nucor Nucor
Through the partnership, Electra will scale its Low-Temperature Iron (LTI) solution that emits zero carbon dioxide emissions using low-grade ores and intermittent renewable electricity. Nucor will also use Electra's iron to further lower the carbon emissions of its industry-leading sustainable steel and steel products.
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Confirmed by Nucor
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04/18/2024 US Department of Energy (DOE) US Department of Energy (DOE) (1)
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Funding will be used to develop a process for producing iron at the temperature of a cup of coffee using unconventional feedstocks and a process involving two electrochemical cell stacks. If successful, the project will produce iron for use in green steel with 80% less greenhouse gas emissions at half the cost of existing traditional fuel-based processes.
 Grant $28,000,000
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