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Molten Industries Leads Strategic Partnership With U. S. Steel and CPFD Software to Pioneer Carbon-Neutral Steel Production
Molten Industries will spearhead a collaborative effort with United States Steel Corporation (NYSE: X) and CPFD Software to design, build, and test a pilot-scale system aimed at eliminating carbon emissions from iron reduction under a U.S. Department of Energy grant.
The $5.4M grant, awarded and funded through the DOE’s Industrial Efficiency and Decarbonization Office and Hydrogen and Fuel Cell Technologies Office, will catalyze the groundbreaking project focused on carbon-neutral steel production while creating good-paying jobs and building a stronger, more competitive U.S. industrial sector. The project’s main objective is to demonstrate the integration of methane-pyrolysis-driven hydrogen production with a pilot direct reduced iron (DRI) shaft furnace at Molten’s facility. Anticipated outcomes include significant energy, carbon intensity, and cost reductions—a pivotal stride toward sustainable steel production.