Metal as fuel

Found Energy

This company develops aluminium-thermal power systems that convert scrap metal into hydrogen and industrial heat for heavy industry and maritime shipping customers.

Aspiring Materials

This company produces low-carbon magnesium, nickel hydroxide and silica for the construction, manufacturing and energy storage industries using a circular mineral processing method.

Electrified Thermal

This company develops thermal batteries using conductive firebricks to provide zero-carbon, high-temperature heat for heavy industries like steel, cement and chemicals.

Molten Industries

The company produces graphite and hydrogen from natural gas for the battery, chemical, fuel, and heavy industry sectors.

HalZero

HalZero develops a carbon-neutral smelting technology that produces primary aluminium for the global industrial metals market by emitting oxygen instead of carbon dioxide.

Sparkmate

This company develops electrolysis technology to produce low-carbon iron and steel for the global manufacturing industry.

PHNX Materials

The company refines landfilled coal ash and industrial waste into cement replacements, fertilisers, and critical metals for construction, semiconductor, and agriculture customers.

Rivan

This company develops synthetic fuel infrastructure for heavy industries such as steel, cement, chemicals and aviation to replace imported fossil fuels.