Startup · $19.8m raised
Project for downstream processing of direct reduced iron
Every investor coverage indicates participated in a round NeoSmelt raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Renewable Energy Agency | Grant | $19,800,000 |
| Australian Renewable Energy Agency (ARENA) | Grant | - |
Companies NeoSmelt acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming NeoSmelt. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Rio Tinto has signed a $35m-plus agreement backing Calix's green-iron demo plant in Western Australia, a project that earlier won an ARENA grant of as much as $44.9 million.
Also RenewEconomy
ARENA commits $19.8 million to NeoSmelt, a low-carbon steelmaking venture backed by BHP, Rio Tinto, BlueScope, Woodside and Mitsui; the pilot project near Perth earlier secured $75 million from Western Australia.