Decarbonizing Emerging Markets – an IFC Conversation with CEO Tadeu Carneiro
Decarbonization isn’t just for industrialized countries. Infrastructure development requires steel, and developing countries currently manufacture 60% of crude steel. Our green steel technology completely removes coal from the equation, and therefore has enormous potential to play a pivotal role in accelerating the sustainable growth of emerging markets.
Our objective is really to help countries in emerging markets to decarbonize. … Boston Metal [is] coming in and helping us in that process.
Mohamed Gouled, IFC VP of Industries
The World Bank Group’s International Finance Corporation (IFC) VP of Industries Mohamed Gouled sat down with our CEO Tadeu Carneiro to discuss how Boston Metal’s groundbreaking technology will create a more efficient, carbon-free steel industry for all markets. IFC’s recent $20M investment in Boston Metal will assist with the completion of our first production facility in Brazil, where our Molten Oxide Electrolysis (MOE) technology will recover high-value metals from mining waste starting later this year. Enjoy their conversation about our disruptive MOE technology and how it will be critical in both steel decarbonization and high-value metals production.
