Vale joins Boston Metal Series B; developing MOE for emissions-free steel
Vale joins Boston Metal Series B; developing MOE for emissions-free steel Boston Metal, an MIT spin-off working to commercialize molten oxide electrolysis (MOE) for emissions-free metals and alloys production, announced that Vale and Energy Impact Partners have joined its Series B fundraising, closely following a $50M close announced in January. MOE is an electrometallurgical technique that enables the direct production of metal in the liquid state from oxide feedstock. Headquartered in Rio de Janeiro, Brazil and present on five continents, Vale is one of the largest metals and mining compani...