Steel manufacturing accounts for 10% of annual global CO2 emissions, so decarbonization can’t come fast enough. Boston Metal’s patented molten oxide electrolysis (MOE) solution takes the coal out of steelmaking, replacing the most carbon-intensive manufacturing steps (e.g., coking) with a process that produces molten ore with renewable electricity and generates no CO2 emissions. The company unveiled the first commercial application of its technology in March, when it opened a facility in Brazil that will recover high-value metals from mining waste. “The challenge with everything in decarbonization and the industrial space more broadly is always how fast things can be built or scaled,” says Adam Rauwerdink, senior vice president of business development for Boston Metal. The startup, spun out of MIT, aims to license its MOE technology to manufacturers by 2026 to produce “green steel.” That goal drew closer last year, when Boston Metal got $262 million from investors including Aramco Ventures, Microsoft’s Climate Innovation Fund, and ArcelorMittal, the world’s second largest steelmaker.
Boston, MA
TIME100 Most Influential Companies 2024: Boston Metal
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Boston, MA
Bruins goaltender Jeremy Swayman elects not to file for arbitration
![Bruins goaltender Jeremy Swayman elects not to file for arbitration](https://www.bostonherald.com/wp-content/uploads/2024/05/BRUINSsc026_107502.jpg?w=1024&h=1199)
A total of 14 NHL players elected to file for salary arbitration on Friday, but Jeremy Swayman wasn’t one of them.
Whether that’s a good sign that the goalie and the Bruins are close to a deal remains to be seen. Electing not to file keeps Swayman eligible for an offer sheet, though the Bruins could file for arbitration to avoid an offer sheet. The deadline for filing for club-elected arbitration is 5 p.m. on Saturday.
The most recent big deal for a goalie was Juuse Saros’ deal with Nashville, which kicks in a year from now. It was an eight-year deal with an average annual value of $7.74 million. Saros has a longer track record than Swayman and has been more of a workhorse, having played at least 64 games in each of the last three seasons. While he’s expected to take on a bigger load with the departure of Linus Ullmark, the 44 games that Swayman played last season is the highest regular season total of his young career.
But Saros will be 30 when his contract kicks in. Swayman is 25 and the B’s will be buying into his prime seasons. He could well be looking for a better deal than the Saros extension. And having already dealt Ullmark, the B’s must come to an agreement with Swayman.
Swayman went through the arbitration process last year and, like most players, was not a fan of it. His side was going for a $4.8 million salary while the B’s countered with $2 million. The arbitration yielded a $3.475 million salary for the 2023-24 season.
Early last season, Swayman explained his feelings on the process.
“There’s no ill will on the process, because I understand that. I’m not the first player to go through it. I’m not the last,” said Swayman. “But I definitely don’t wish it upon any of my friends and teammates moving forward and I don’t want to do it ever again as well.”
Meanwhile, Swayman is not showing any outward signs he’s planning a getaway from the organization. He was seen earlier this week at Bruins’ Development Camp, chatting with some of the goalie prospects on the bench. And he quickly reached out to his presumptive backup, Joonas Korpisalo, when Korpisalo was obtained in the Ullmark deal.
Boston, MA
Four shootings in Boston in hours following July 4th celebrations
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Boston, MA
Multiple shootings in Boston overnight; 1 man killed and 4 injured
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BOSTON – There were three shootings in Boston overnight in the hours after 4th of July celebrations in the city. One man was killed and four others were injured, Boston police said.
Man shot and killed on Shawmut Avenue
Boston police said officers responded just after 1:33 a.m. to 618 Shawmut Ave, which is near Ramsay Park by the border of the South End and Lower Roxbury, and found a man with gunshot wounds. He was taken to the hospital where he later died. The man’s name has not been released.
3 people shot in Jamaica Plain
Just minutes earlier in Jamaica Plain, Boston police officers responded to 297 Centre St. where three adults were shot. They were all taken to a hospital with injuries that are not considered life-threatening.
Blue Hill Ave. shooting
A Boston police spokesman said that there was a third shooting at a gas station on Blue Hill Avenue later in the night. Boston Medical Center reported the shooting to police after the victim arrived at the hospital with life-threatening injuries.
No arrests yet in Boston shootings
Boston police tell WBZ-TV they have not yet made any arrests in connection with the shootings, but they are all being investigated.
Anyone with information can call police at 617-343-4470 or anonymously text the word “TIP” to CRIME (27463).
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