Stephan comes to Boston Metal with three decades of experience in the aluminum and steel industries, having held senior positions in world-class engineering and technical services companies. Just prior to joining Boston Metal, he was a partner and technical director at Hatch, a leading global engineering, construction, and professional services provider to the mining, metals, energy, and infrastructure sectors. A chemical engineer, Stephan has a broad range of expertise, including project management, technology development, intellectual property management, and process technologies. He also has a deep understanding of conducting international business, having worked and lived overseas for multiple projects and company assignments.
At Boston Metal, Stephan will lead the engineering and research & development groups working to refine the molten oxide electrolysis technology as the company moves toward the commercialization of its ground-breaking process to produce steel without carbon emissions.
“Stephan is an incredible addition to the Boston Metal team. With his vast experience in both aluminum and steelmaking, together with his keen understanding of technical processes and project planning, Stephan is uniquely positioned to lead our technology development efforts as we continue our journey to deliver a future where steel production is free of carbon emissions,” said Tadeu Carneiro, Chairman & CEO of Boston Metal.
“I am looking forward to working with the talented group at Boston Metal and contributing to the commercialization of a new technology that will be a game-changer in the steel industry. It is truly an honor and professional privilege to have the opportunity to effectively address one of the biggest challenges of our time, the decarbonization of steelmaking,” remarked Stephan Broek, Senior Vice President of Technology for Boston Metal.
Boston Metal’s technology combines patented innovations with best practices from the aluminum and steel industries to deliver a revolutionary solution to the carbon emissions challenge facing the steel value chain. Powered by renewable electricity, molten oxide electrolysis converts iron ore into liquid metal and oxygen. The modular, scalable platform produces zero GHG emissions, is highly energy efficient, and works with a wide range of iron ore grades.
Earlier this year, the company closed an over-subscribed Series B funding round that saw intense interest from iron ore miners to steel end users, in addition to garnering reinvestments from all Series A participants, including Gates-backed Breakthrough Energy Ventures.