22:32 uur 01-02-2022

Boston Metal breidt senior leiderschapsteam uit om zich voor te bereiden op commercialisering

Fernanda Fenga en Daniel Kuzmak sluiten zich aan bij het baanbrekende technologiebedrijf dat werkt aan het koolstofarm maken van de staalproductie

BOSTON–(BUSINESS WIRE)– Boston Metal is verheugd twee leden te mogen verwelkomen in zijn senior managementteam terwijl het bedrijf zich voorbereidt op de commercialisering van zijn revolutionaire metaalproductie technologie. De nieuwe rollen zullen de zakelijke en financiële diepgang van het bedrijf vergroten en maken deel uit van een snelgroeiend team dat Stephan Broek eind 2021 tot Senior Vice President of Technology heeft benoemd.

Fernanda Fenga treedt toe tot Boston Metal als Senior Vice President of Corporate, met meer dan 20 jaar leidinggevende ervaring op het gebied van compliance, investor relations, overheidsrelaties en risicobeheer in de metaal- en mijnbouwsector. Mevrouw Fenga is lid van de Raad van Bestuur van NioCorp Development Ltd en net voordat ze bij Boston Metal kwam, verleende ze juridische adviesdiensten aan een reeks internationale ondernemingen.

Boston Metal Expands Senior Leadership Team to Prepare for Commercialization

Fernanda Fenga and Daniel Kuzmak join the breakthrough technology company working to decarbonize steel production

BOSTON–(BUSINESS WIRE)– Boston Metal is pleased to welcome two members to its senior leadership team as the company prepares for the commercialization of its revolutionary metals production technology. The new roles will enhance the company’s corporate and financial depth and are part of a rapidly expanding team that saw Stephan Broek named Senior Vice President of Technology in late 2021.

Fernanda Fenga joins Boston Metal as Senior Vice President of Corporate, bringing over 20 years of executive experience in compliance, investor relations, government relations, and risk management in the metals and mining industry. Ms. Fenga is as a member of the Board of Directors at NioCorp Development Ltd and just prior to joining Boston Metal, she provided legal counsel services to a range of global enterprises.

Daniel Kuzmak fills an advisory role at the company, with a focus on financial operations. Mr. Kuzmak comes to Boston Metal with more than four decades of corporate experience and has held senior roles in finance and operations at large public companies and privately held ventures.

Ms. Fenga will oversee human resources, financial operations, risk management, and legal affairs and Mr. Kuzmak will strengthen the finance department as the company continues to scaleup operations and prepare for the commercialization of its ground-breaking process to decarbonize the production of steel and other metals.

“We are delighted to have Fernanda and Dan join the senior team at Boston Metal and are confident that their experience and expertise will serve us well as we move on to the next phase of industrial demonstration and the commercialization of our technology. They will be instrumental in managing the rapid growth we expect in the lead up to and following commercialization,” commented Tadeu Carneiro, Chairman & CEO of Boston Metal.

Boston Metal’s technology combines patented innovations with best practices from the aluminum and steel industries to deliver a breakthrough solution to the carbon emissions challenge facing the steel value chain. Powered by renewable electricity, molten oxide electrolysis converts iron ore into liquid metal and oxygen. The modular, scalable platform produces no carbon emissions, is highly energy efficient, and works with a wide range of iron ore grades. Besides steel, the novel technology can also be used to manufacture other metal products.

In 2021, the company closed an over-subscribed Series B funding round that saw intense interest from iron ore miners to steel end users, in addition to garnering reinvestments from all Series A participants, including Gates-backed Breakthrough Energy Ventures.

About Boston Metal

Boston Metal is a global metals technology solutions company that is commercializing molten oxide electrolysis (MOE), a patented tonnage metals production platform. MOE provides the metals industry with a more efficient, lower cost, and greener solution to produce a range of metals and alloys from a wide variety of feedstocks. More at www.bostonmetal.com.

Contacts

Dawn Kelly

Communications

media@bostonmetal.com
+1 (412) 298-6998

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