In a remarkable acknowledgment of leadership and innovation, The Boston Globe has awarded CEO Tadeu Carneiro the prestigious recognition of being one of the influential Tech Power Players 50. This esteemed accolade is a testament to Boston Metal's profound impact on the local business community and the broader climate tech industry, reflecting the company's deep roots in Boston's innovation ecosystem.

The Tech Power Players 50 list, introduced last year, spotlights individuals who are propelling change, challenging conventional norms, and emerging as influential leaders in the city of Boston. The honorees are carefully chosen and ranked by The Boston Globe's esteemed business and technology journalists, with guidance from an external advisory committee.

In response to this accolade, Tadeu Carneiro expressed his gratitude and shared insights into Boston Metal's mission: "At Boston Metal, we are committed to addressing one of the world's most complex and crucial challenges: eliminating nearly 10 percent of global carbon emissions originating from the steel industry. Our approach is entirely unprecedented. The exceptional and dedicated team we have assembled is well-equipped to tackle this challenge, pushing the boundaries of innovation. This recognition is a testament to their unwavering dedication, and I am honored to lead the company through our next phase of growth and the commercial validation of our groundbreaking technology. We eagerly anticipate expanding our impact in Boston and harnessing the incredible talent pool in the area."

Since joining Boston Metal as the sixth employee in 2017, Tadeu Carneiro has overseen the company's exponential growth to over 120 employees. Under his guidance, Boston Metal has successfully raised over $200 million in funding through three rounds and launched a Brazilian subsidiary, Boston Metal do Brasil. The company's rapid growth and innovative technology's potential to transform the steel industry have garnered numerous prestigious accolades, including being named the Cleantech Group's 2023 North American Company of the Year, the 2021 S&P Platts Global Metal Award, the 2020 BloombergNEF Pioneer, and the 2020 World Economic Forum Technology Pioneer.

At the core of Boston Metal's endeavors lies the commercialization of a revolutionary technology known as Molten Oxide Electrolysis (MOE). This groundbreaking technology enables scalable production of zero-emissions steel and offers more efficient, cost-effective, and sustainable methods for producing other high-value metals. With Tadeu Carneiro's deep expertise, proven track record in scaling global organizations, and strong connections within the mining and steel industries, Boston Metal is poised to spearhead the transformation of the steel and metals industries toward a net-zero future.

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