Element Zero

Industrial Engineering, Industrial Manufacturing

Author

Peniel Keme Kitoko
May 25, 2024 • Estimated Reading Time: 3 minutes

🌎🌍🌏| Oceania Saturday

The Green Metal Company.

  Problem

  • Market Potential: Global steel production is a major contributor to carbon emissions, posing a significant environmental challenge.

  • Challenge: The steel industry struggles to meet increasing demand while reducing its carbon footprint.

  • Lacking Tool: Current methods lack the efficiency and scalability required for zero-carbon metal production.

    • Extra Barriers: Existing technologies are energy-intensive and can only use high-grade iron ore.

This issue's Startup changes the metals industry with a cost-effective, zero-carbon production platform.

  Solution

Element Zero

Element Zero, a green materials platform, aims to revolutionize metal production with zero carbon emissions.

How: They use a novel electrochemical process that converts metal ores into pure metals efficiently.

  • Platform: Element Zero utilizes renewable energy to process various metal ores at low temperatures.

  • Target: The target audience includes iron and steel companies, as well as other critical metal industries.

  • Resolving: They address the urgent need to decarbonize metal production and reduce global CO2 emissions.

  Company Info

  • Industry: Industrial Engineering, Industrial Manufacturing

  • Business Model: Licensing, B2B

  • HQ: Perth, Western Australia

  • Founding Year: 2022

  • Employee Count: 11-50

  • Investors: Playground Global

  • Funding Amount: $10 million

  Traction

  •   Successfully tested technology on iron, nickel, and other metals

  •   Current prototype produces 100 kg of zero-carbon iron per day

  •   Detailed engineering design for one metric ton/ day in progress

  Competition Advantages

  • Uses 30-40% less energy than traditional methods

  • Can process low-grade iron ore with intermittent renewable energy

  • Scalable, modular technology reducing CO2 emissions by up to 8%

  Founders

  • Michael Masterman, CEO (Former CFO and CIO of Fortescue Future Industries)

  • Bart Kolodziejczyk, CTO (Innovator in renewables, hydrogen, clean tech, awarded the Order of Australia)

  Job Opportunities & Contact

  • Hiring Status: Active

  • Contact Information:

    • [email protected]

    • https://elementzero.green/contact-us/

    • https://www.linkedin.com/company/elementzerogreen/

  Why Invest by George

❝

Ooh-ooh-ahh-ahh, Element Zero makes metals with no smoke! Just using jungle sun and wind!

🐵

- George Capuchinski -

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Cheers,

Peniel Keme Kitoko

Catalyzer X

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