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Boston Metal to Shift Focus to Critical Metals
05/21/2026 - Boston Metal announced it will use the additional money it raised during its latest funding round, amounting to about US$75 million, to shift its focus from green steel to producing other metals, reported MIT Technology Review.
MIT Technology Review said Boston Metal’s subsidiary, Boston Metal do Brasil, will set up a facility in Brazil to produce niobium, tantalum and tin. The new funding will support its operation along with future endeavors to produce other metals, said Tadeu Cerneiro, chief executive officer of Boston Metal.
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