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Sustainable startup Electra inks deals with Meta, others to scale low-carbon iron

By Yahoo! Finance   |   1 month ago
Sustainable startup Electra inks deals with Meta, others to scale low-carbon iron

Electra, a low-carbon iron startup, has secured agreements with Nucor and Toyota Tsusho. Meta will purchase its first environmental credits. Backed by Breakthrough Energy Ventures, Electra plans to build a facility in Colorado to produce low-carbon iron by mid-2026.

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