By partnership with EGC, Boston Metal received a $50 million grant from the U.S. Department of Energy’s (DOE) Advanced Energy Manufacturing and Recycling Grants Program.
$50M
Non-dilutive funding awarded
In partnership with EGC, Boston Metal secured a $50 million award through the Bipartisan Infrastructure Law (BIL) via the U.S. Department of Energy’s Advanced Energy Manufacturing and Recycling Grants Program. Leveraging the deep expertise of EGC’s Scientific Grant Experts in navigating complex DOE funding requirements, Boston Metal was able to effectively prepare and submit a winning proposal to fund its Molten Oxide Electrolysis (MOE) technology—a breakthrough process that enables more efficient, lower-cost, and cleaner production of metals and alloys from a wide range of feedstocks.
Buoyed by $50 million in DOE funding, Boston Metal is establishing a new facility in West Virginia dedicated to manufacturing ultrapure chromium metal and high-temperature alloys—critical materials that underpin a wide range of clean energy applications, including nuclear, wind, hydro, concentrating solar power (CSP), geothermal, fuel cells, and green steel. The project is expected to create approximately 200 high-tech jobs, supporting both economic growth and a more sustainable energy future.
In early 2026, Boston Metal was inducted into the Global Cleantech 100 Hall of Fame. This recognition follows seven consecutive years on Cleantech Group’s Global Cleantech 100 list and places Boston Metal among the top cleantech companies with solutions for building a more digitalized, decarbonized, and resource-efficient industrial future.
Funding Sources
