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Element Zero
Energy · Malaga, Australia · Founded 2022
Green materials platform company working towards zero-carbon iron and steel and other future-facing metal production MoreLess
Element Zero is a pioneering company in the mineral processing industry, focusing on achieving the highest energy efficiency and producing high-purity materials. The company has developed a unique mineral processing platform that aims to process the entire periodic table of elements, except for carbon. This innovative approach allows Element Zero to extract and capture impurities from iron ore, including silica, alumina, titania, phosphate, and manganese, among others.
Element Zero operates in the industrial sector, specifically targeting the steel industry, which contributes 8% of global CO2 emissions. By using 30-40% less processing energy with intermittent renewables, Element Zero significantly reduces the carbon footprint of its operations. The company's modular approach allows for full scalability, both up and down, and its technology is designed to be simple and cost-effective, using inexpensive and abundant materials.
The business model of Element Zero revolves around maximizing revenue streams by capturing by-products from the mineral processing. The company serves clients in the steel industry and other sectors requiring high-purity materials. Element Zero makes money by selling these high-purity materials and by-products, as well as through potential licensing of its technology.
Element Zero's team comprises global leaders in electrochemistry, electroreduction, and finance, ensuring a strong foundation for innovation and growth. The company's Port Hedland plant has access to over 1 gigawatt of power and 25% of the world's iron shipping capacity, positioning it ideally for large-scale operations.
Keywords: mineral processing, energy efficiency, high-purity materials, steel industry, carbon emissions, renewable energy, modular technology, cost-effective, by-products, electrochemistry.
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1 investor on Element Zero's cap table
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