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Sombre Smelting Slump Stifles Steel Sector Surge
Boston Metal has announced $51 million in new funding from top investors like BHP Ventures and Breakthrough Energy Ventures to scale its critical metals facility in Brazil and advance its green steel plans. Using its patented Molten Oxide Electrolysis platform, Boston Metal recovers valuable metals from waste while producing steel without carbon emissions. The company also welcomed former Vale CEO Eduardo Bartolomeo to its board, signaling strategic leadership for its next phase of growth.
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