Keeling Curve

Primary Project Category:

Secondary Project Category:

How Project Affects Greenhouse Gas (GHG) Emissions:

['Replaces/avoids GHGs (e.g., projects that replace sources of GHGs, such as the burning of fossil fuels for electricity, heat, transport, or other energy uses)', 'Reduces GHGs (e.g., projects that reduce sources of GHGs, such as through efficiency or other changes in consumption)']

Impact on Underrepresented Groups:

Our project is committed to fostering inclusivity and empowering underrepresented groups by building a diverse team and creating job opportunities through our installations.

Furthermore, our installations will contribute to local economies by creating new jobs and providing opportunities for people from different backgrounds. These roles will range from technical and engineering positions to operational and support functions, ensuring a broad range of employment opportunities, which will be mostly based where direct reduction is operational today (Middle East, Latin America and India).

By combining our commitment to diversity within our team and the economic benefits of our installations, we aim to not only combat climate change but also empower communities and provide equitable access to the growing green economy.

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Mission Statement:

At Ferrum Technologies, our mission is to revolutionize steel production by enabling sustainable, cost-effective processes that decarbonize the industry and transform waste into valuable resources, driving global progress toward a low-carbon future.

Link: LinkedIn:

https://ferrumtech.com/

Sources of Past Funding: