Boston Metal gets a $75 million lifeline to produce critical metals

The startup Boston Metal has raised a $75 million funding round to produce critical metals, MIT Technology Review can exclusively report. The company has been known largely for its efforts to clean up steel production, an industry that’s responsible for about 8% of global greenhouse emissions today. With the additional money, the new focus could help it survive at a time when support for industrial decarbonization has been waning in the US.