Cooperative Agreement DEAR0001905

The Advanced Research Projects Agency-Energy (ARPA-E), under the U.S. Department of Energy, awarded a $1,000,000 cooperative agreement on September 10, 2024 to Phoenix Tailings Inc., a mining and metals production company located in Woburn, Massachusetts. This 3-year, $35 million "ROSIE" program supports the development and demonstration of novel technologies that produce iron-based products from iron-containing ores and alternative feedstocks without process emissions in the ironmaking step. The funded technologies must have the potential to achieve zero non-biogenic greenhouse gas emissions from the ironmaking process, ultra-low cradle-to-gate lifecycle greenhouse gas emissions, and cost parity with traditional ironmaking processes. If successful, the project aims to enable a reduction of over 65 million metric tons of annual carbon dioxide emissions in the U.S. (~1% of U.S. emissions) and over 2.9 gigatons globally (5.5% of global emissions).