Electra

Electra is a U.S.-based climate technology company focused on producing iron using an electrochemical process powered by renewable electricity. Its technology aims to replace traditional coal-based blast furnace methods with a low-temperature, low-emission alternative, enabling near-zero-carbon iron production. The company targets one of the most carbon-intensive industrial sectors, steelmaking, by supplying clean iron feedstock that can significantly reduce emissions across the steel value chain. Electra’s approach supports industrial decarbonization, particularly for manufacturers seeking to reduce Scope 1 and Scope 3 emissions associated with steel use.