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Top related persons:
Tadeu Carneiro - 1 Cat Clifford - 1 Adam Rauwerdink - 1 It's - 1 Carniero - 1 Sonneborn - 1 Rauwerdink - 1 Boston Metal's - 1
Top related locs:
Woburn , Mass Boston Woburn Asia Burkina Faso India Brazil South Asia
Top related orgs:
Boston Metal - 1 CNBC - 1 Boston - 1 Boston Steel - 1 DC - 1 MIT - 1 IFC - 1 BHP - 1

Search resuls for: "Tadeu Carneiro"


3 mentions found


☆ The World Bank is betting on this company to 'green' the $1.6 trillion steel industry — take a look inside
  + stars: | 2023-06-05 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +8 min
Boston Metal CEO, Tadeu Carneiro Photo courtesy Boston MetalThe Boston Metal offices in Woburn, Mass. A diagram of the process Boston Metal is using to make green steel. Zoom In Icon Arrows pointing outwards This is where the electricity is converted from AC to DC in the Boston Metal location. (A portion of the photo has been altered to protect the intellectual property of Boston Metal.) Zoom In Icon Arrows pointing outwards The Boston Metal electrolysis process releases oxygen as a byproduct.
Persons: Tadeu Carneiro, Cat Clifford, Adam Rauwerdink, It's, Carniero, Sonneborn, Rauwerdink, Boston Metal's, " Carneiro, doesn't Organizations: Boston Metal, CNBC, Boston, Boston Steel, DC, MIT, IFC, BHP, World Bank Locations: Woburn , Mass, Boston, Woburn, Asia, Burkina Faso, India, Brazil, South Asia
☆ ArcelorMittal leads $120 mln funding for green steel tech firm
  + stars: | 2023-01-27 | by ( Isla Binnie | Industry Insight | Reuters Professional | ) www.reuters.com   time to read: +2 min
Steel producers are estimated to produce 7-9% of all harmful emissions, according to the World Steel Association. Boston Metal makes parts for cells in which electricity splits iron ore, creating liquid iron and no byproducts or emissions apart from oxygen. "What is the point of having an electric car running on a battery and carrying dirty steel?" ArcelorMittal's investment marks a shift in steel companies' willingness to invest in the technology since Boston Metal first went out looking for funding in 2018, Carneiro said. Now all the steelmaking companies are very interested in following what we are doing because they need a solution."
☆ Microsoft and ArcelorMittal back MIT spinout trying to green the $1.6 trillion steel industry
  + stars: | 2023-01-27 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +2 min
The $1.6 trillion steel industry is the backbone of the modern world. That's why massive global businesses, including international steel giant ArcelorMittal and tech stalwart Microsoft , are investing in Boston Metal, a company that spun out of Massachusetts Institute of Technology and developed a new way of making clean steel. "There is no economy, there is no infrastructure without steel," Boston Metal CEO Tadeu Carneiro told CNBC in a video call on Wednesday. The same year they launched a company, Boston Electrometallurgical Corp., to scale and commercialize that technology. He is a veteran of 40 years career in the steel industry, mostly at Brazilian metals giant CBMM.
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