Who We Are

From a small group of visionary researchers, engineers, and metallurgists, we’ve grown to a team of over 90 professionals – and counting. The endorsement of our innovative technology and business model by a world-class investor syndicate fuels our passion to decarbonize one of the world’s largest sources of CO2 emissions. We’re transforming how metals are made.

Leadership Team

Tadeu Carneiro

Chairman & CEO

Tadeu Carneiro

Chairman & CEO
Tadeu has over 40 years of metals industry experience, with expertise in global strategy, technology development, and customer-focused growth. As CEO of CBMM (80% market share for niobium) he grew revenue from $100M to over $2B and led a global program that saw the niobium market increase by more than eightfold.

At Boston Metal, Tadeu has overseen two oversubscribed funding rounds and team growth from single digits to 100+ employees. A metallurgical engineer, Tadeu is the lead independent director at Ivanhoe Mines (copper, zinc, nickel, and platinum group metals) and is an invited lecturer at the Department of Materials Science and Engineering at MIT.

Itamar Resende

President, Boston Metal do Brasil

Itamar Resende

President, Boston Metal do Brasil
Itamar is a metals and mining industry veteran with deep experience leading multiple companies and teams in Brazil and the United Kingdom. He has 20+ years C-suite experience at global metals companies having held leadership and operational roles at LSM Brazil (AMG), LSM UK (AMG), Mineracao Taboca, and Sigma Lithium.

At Boston Metal, Itamar is heading up operations at our subsidiary in Brazil, which is focused on recovering high value-added metals from mining waste.

Fernanda Fenga

SVP, Corporate

Fernanda Fenga

SVP, Corporate
Fernanda oversees human resources, financial operations, risk management, and legal affairs. She has more than 20 years of executive experience in these areas, as well as in compliance, investor relations, and government relations in the metals and mining industry.

Fernanda is a member of the Board of Directors at NioCorp Development Ltd and just prior to joining Boston Metal, she provided legal counsel services to a range of global enterprises.

Stephan Broek

SVP, Technology

Stephan Broek

SVP, Technology
Stephan leads 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 brings three decades of experience in the global aluminum and steel industries, having held senior positions in world-class engineering and technical services companies. Prior to joining Boston Metal, he was a partner and technical director at Hatch Ltd for more than 18 years. Before that, Stephan worked for 12 years at Tata Steel Europe BV (the former Hoogovens Steel Company) in the engineering group of what today is Danieli Corus BV.

Adam Rauwerdink, PhD

SVP, Business Development

Adam Rauwerdink, PhD

SVP, Business Development
Adam spent the last decade leading global business development for new technologies in the energy industry.

At Vionx Energy, a vanadium flow battery company, Adam led sales and developed multi-MW projects in partnership with Siemens and Starwood Energy.

Prior to Vionx, Adam was VP of Business Development at SustainX where he led first market partnerships in Korea and Japan and raised over $20M in equity from GE, Rockport, Polaris, and others.

Board of Directors

Tadeu Carneiro
Boston Metal
Mark Cupta
Prelude Ventures
Shyam Kamadolli
Fine Structure Ventures
Chris Poirier
Breakthrough Energy Ventures
Katie Rae
The Engine
Donald Sadoway
Ingo Wender

Our investors

We’re backed by some of the world’s leading cleantech venture capital funds, mining companies, and steel users committed to decarbonizing heavy industry for a net zero future.

Our investors

We’re backed by some of the world’s leading cleantech venture capital funds, mining companies, and steel users committed to decarbonizing heavy industries for a net zero future.

Our History

In addition to achieving significant milestones on the road to developing our groundbreaking green steel solution, we’re commercializing our MOE technology to recover value from mining waste.


Brazilian subsidiary, Boston Metal do Brasil, is opened to launch high-value metals business.
First tap of 25,000-amp MOE cell.


$60M Series B funding round; 65 employees. Learn more
Woburn facilities expand to over 38,000 sq ft.
Won inaugural New Technology for the Metals and Mining Industry S&P Global Platts award. Learn more


First commercial agreement signed – ferroalloy production. Learn more


Construction of 25,000 sq ft development facility in Woburn, MA.


$25M Series A funding round; 8 employees. Learn more


Patent granted and exclusively licensed by Boston Metal.
First semi-industrial MOE cell commissioned.


Demonstrated MOE produces emissions-free steel.
MIT laboratory results published in Nature. Learn more
Boston Metal founded under the name Boston Electrometallurgical Corporation.


MIT professors Donald Sadoway and Antoine Allanore demonstrated lab-scale performance of a metallic inert anode for MOE.

In the early 1980s, Prof. Donald Sadoway’s MIT laboratory began research on an inert anode for aluminum manufacturing. In the late 1980s, he conceived of an electrolytic cell for the production of iron, and molten oxide electrolysis was born. Throughout the 1990s and 2000s, MOE research was extended to other metals before returning to electrolytic steelmaking and again focusing on inert anode technology.