Boston Metallic Wins S&P World Platts World Metals Award

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Winners introduced in London, UK

BOSTON — Boston Metallic gained the New Expertise for the Metals and Mining Trade award on the 2021 S&P Global Platts Global Metals Awards .

Boston Metallic is commercializing ground-breaking know-how to decarbonize major steelmaking. The corporate’s know-how combines patented improvements with greatest practices from the aluminum and metal industries to ship a revolutionary answer to the carbon emissions problem dealing with the metal worth chain. Powered by renewable electrical energy, molten oxide electrolysis converts iron ore into liquid steel and oxygen. The modular, scalable platform produces no CO 2 emissions, is very power environment friendly, and works with a variety of iron ore grades.

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“We congratulate all of the winners and finalists for persevering by distinctive challenges and persevering with to drive efficiency whereas embracing change,” stated Saugata Saha, president of S&P World Platts .

Dave Ernsberger, World Head of Pricing and Market Perception, S&P World Platts , stated: “Not surprisingly, however definitely encouraging, is the trade’s growing prioritization of innovation for a lower-carbon future, which was evident within the nominations and focus of Awards class participation on this yr’s World Metals Awards.”

“We’re honored to be acknowledged by such a extremely regarded group and to be chosen by a world-class panel of impartial judges,” stated Tadeu Carneiro, Chairman and CEO of Boston Metallic . He added: “It’s been an enormous week for us. Apart from being named a S&P World Platts World Metals Award winner, we welcomed Stephan Broek to the staff as SVP of Expertise. Along with his huge expertise in each aluminum and steelmaking, collectively together with his eager understanding of technical processes and challenge planning, Stephan is uniquely positioned to guide our know-how growth efforts as we proceed our journey to ship a future the place metal manufacturing is freed from carbon emissions.”

For full particulars of the 2021 winners and judges’ rationale, entry the S&P Global Platts Insight Magazine .

About S&P World Platts

At S&P World Platts, we offer the insights; you make higher knowledgeable buying and selling and enterprise choices with confidence. We’re the main impartial supplier of knowledge and benchmark costs for the commodities and power markets. Clients in over 150 international locations look to our experience in information, pricing and analytics to ship larger transparency and effectivity to markets. S&P World Platts protection contains oil and fuel, energy, petrochemicals, metals, agriculture and delivery.

S&P World Platts is a division of S&P World (NYSE: SPGI), which supplies important intelligence for people, corporations and governments to make choices with confidence. For extra info, go to www.platts.com .

About Boston Metallic

Boston Metallic is a world metals know-how options firm that’s commercializing molten oxide electrolysis (MOE), a patented tonnage metals manufacturing platform. MOE supplies the metals trade with a extra environment friendly, decrease price, and greener answer for the manufacturing of a variety of metals and alloys from all kinds of feedstocks. Study extra at www.bostonmetal.com .

Boston Metallic Wins S&P World Platts World Metals Award

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Contacts

Daybreak Kelly
Communications
media@bostonmetal.com
+1 (412) 298-6998

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