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ArcelorMittal Invests in Electrified Thermal to Drive Decarbonization

Key Takeaways ArcelorMittal invested in Electrified Thermal Solutions via its XCarb Innovation Fund.Electrified Thermal's Joule Hive Thermal Battery stores renewable heat up to 1,700 degree celsius.A demo plant in Texas and a GasLab trial in Spain will test the technology.ArcelorMittal S.A. (MT) recently announced an investment in Electrified Thermal Solutions, a US-based company that developed a breakthrough technology in electric heating to support industrial heat generation. The company is also renowned ...