Molten Industries

🔥 Big win for American innovation. Today’s EO from the White House is a green light for domestic critical mineral production — and a massive tailwind for companies like Molten Industries producing graphite from natural gas! The future is built here. 🇺🇸 https://lnkd.in/ggY6BbG7

Even with "one of the world's best graphite mines" and despite being "showered with money" - $472M of US government funding to be exact - copying the China playbook for graphite production in the US is not competitive. We need a fundamental technology shift in graphite production. Molten Industries' graphite from natural gas is the only route for US energy dominance!

The team at Molten Industries has grown mightily over the last few months as we continue our mission to decarbonize heavy industry! It's an honor to have Kevin, Robin, Robert, Austin, Ryan, and Jose join to help us build out our demo plant in Oakland, California. Let's build!

The majority of steel today is made with coal, resulting in about 8% of global CO2 emissions. Today Molten Industries is announcing a project with United States Steel Corporation and CPFD Software supported by a $5.4M U.S. Department of Energy grant to integrate Molten's clean hydrogen production process with a pilot scale direct reduced iron system. Hydrogen from Molten's process can lead to net-zero steel, producing water instead of carbon dioxide. Steel is a core pillar in Molten's mission to decarbonize heavy industry and transportation, and I'm excited to work with Brenda Petrilena and the U. S. Steel team to push this technology forward! Many thanks to the Hydrogen and Fuel Cell Technologies Office, especially Tomas Green and Rebecca Erwin for the support! Thank you also the Peter Blaser and James Parker from CPFD for their work to model this system, and thank you to Joel Armin-Hoiland and the Climate Finance Solutions team and Brian Ormsby and the Pantheon Solutions team for their help in preparing an excellent proposal. Finally, a thank you to our investors and supporters who have enabled this technology to scale from the lab to pilot - Breakthrough Energy , Sozo Ventures, Union Square Ventures, Fifty Years, J4.Ventures, Moai Capital, UVC Partners, Jane Woodward, Mark Heising, and Peter Attia. Kevin Bush, myself, and the Molten team are stoked to build!

Honored to announce Molten Industries’ $25M Series A led by Breakthrough Energy Ventures, with new participation from Sozo Ventures, Mark Heising, and Steelhead. Additionally, a huge thank you for the continued support of our ride or dies - Union Square Ventures, Fifty Years, J4.Ventures, Moai Capital, UVC Partners, Jane Woodward, and Peter Attia - who have been with us from the beginning! Find the link to our press release in the comments. Thank you Michelle Ma and Rafaela Jinich for covering Molten’s progress in creating clean hydrogen for heavy industry and graphite for lithium-ion batteries. Read the article below. Finally, I am incredibly grateful for my co-founder, Caleb Boyd, and Molten’s Founding Team, Robert G. Wendt, Asmaa Alsubaei, Brandon Stitt, and Benjamin Rush. They inspire me every day and this dream wouldn’t be possible without them. We are growing and looking for passionate and talented people to join our team! Visit Molten Industries' LinkedIn page to apply.

Molten Industries is the top-ranked clean hydrogen solution for decarbonizing steel in the First Movers Coalition near zero steel challenge by the World Economic Forum and Greenhouse! Molten's process delivers continuous, hot hydrogen to steelmakers with industry-leading energy efficiency and no CO2 emissions, while producing graphite as a by-product.