A plan to build the world's first large-scale green steel plant just moved closer to becoming a reality. H2 Green Steel , the company behind the groundbreaking project in Sweden, has raised a €1.5 billion ($1.6 billion) equity round.
Through J-WAFS commercialization grants of $150,000 each, MIT researchers tackle harmful algal blooms in water, as well as ways to save freshwater in steelmaking by scrap metal consolidation.