01 · FOR STEELMAKERS
Differentiate your steel.
Fe+ is designed for mills whose customers recognize value in lower embodied-carbon inputs.
Canadian primary iron · Selected partners
Give your steel an edge.
Fe+ is developing lower-carbon primary iron for steelmakers determined to differentiate their products — and for manufacturers and infrastructure buyers seeking lower embodied carbon in the steel they specify.
Carbon objective20–60 kg CO₂e/t HBIOperational design range only; see boundary and verification note
Limited supply~250,000 tonnes/yearRight-sized for focused strategic customers
Core platformProven gas-shaft reductionCommercial ironmaking architecture
Market accessAtlantic deep-water logisticsDesigned for international steel markets
02 · FOR STEEL PURCHASERS
Ask what goes into your steel.
OEMs and public purchasers can ask their mills how qualifying lower-carbon primary iron could improve product emissions.
03 · FOR EARLY PARTNERS
A focused first supply.
With approximately 250,000 tpa planned, Fe+ is seeking partners who want to evaluate the advantage before production commitments are finalized.
An upstream advantage for the finished product
Better steel begins before the melt.
Steelmakers compete on chemistry, reliability, cost and increasingly the documented carbon footprint of the steel they sell. Primary iron is one of the inputs that can influence that footprint.
Fe+ combines commercial direct-reduction technology with biomass-derived reducing gas and integrated on-site energy generation. The objective is to supply familiar HBI metallics with a substantially different fossil-emissions profile — not to claim superior chemistry or that one input alone decarbonizes an entire mill.
The steelmaker buys the iron. The value may begin with the customer buying the steel.
250thousand tonnes per year
Planned initial production
A focused supply. A distinctive purpose.
Fe+ is planning approximately 250,000 tonnes of annual HBI production, with an emphasis on steelmakers and downstream customers who see commercial value in verifiably lower-carbon primary metallics.
Designed for the journey. Not just the furnace.
Fe+ deliberately chooses hot-briquetted iron over ordinary direct-reduced iron. Dense briquetting produces a more stable product form with established advantages for handling, stockpiling and long-distance marine transport, subject to applicable safety and shipping requirements.
That choice is intentional: steelmakers need more than iron at the lowest production cost. They need metallics that can move through supply chains, be stored and delivered in step with production. Fe+ brings those established HBI logistics advantages together with a targeted lower-fossil-carbon production pathway.
The distinction is not a claim of different iron chemistry. It is the intended carbon profile of the reduction process, combined with Canadian origin, product traceability and the flexibility of internationally traded HBI.
We are not asking buyers to pay for process complexity. We are creating an input whose verified performance could make their steel more valuable.
Carbon performance · Engineering target
A different emissions profile starts with the reductant.
Fe+ is being engineered around renewable woody-biomass-derived reducing gas rather than fossil natural gas. The goal is to reduce fossil process emissions associated with making primary iron, while measuring the full physical emissions picture transparently.
FE+ OPERATIONAL DESIGN RANGE20–60kg CO₂e per tonne of HBI
Preliminary plant-gate-to-finished-HBI operational target, not a measured or independently verified product footprint.
What this number means — and what it does not
The design range excludes upstream iron ore and pellet production, biomass harvesting and inbound transportation. Biogenic CO₂ from biomass-derived reducing gas must be physically quantified and separately reported under the applicable accounting methodology.
Conventional natural-gas DRI processes are often discussed in terms of several hundred kilograms of direct fossil CO₂ per tonne of DRI. Those figures are indicative only: DRI and HBI boundaries, energy use and emissions accounting must be harmonized before publishing a percentage reduction claim.
Fe+ will not present this operational target as a verified cradle-to-gate product carbon footprint. Independent mass-and-energy balances, lifecycle inventory and third-party verification are development milestones.
For the people who make and buy steel
What could Fe+ do for your steel?
The most valuable Fe+ conversation may begin with the company specifying finished steel. We are inviting both steelmakers and downstream purchasers to evaluate the potential contribution of lower-carbon primary iron.
01 / STEELMAKERS
Offer customers a measurable distinction.
Assess whether Fe+ can contribute to facility-specific steel emissions reporting, product differentiation and customers' lower-carbon purchasing objectives, while meeting metallic quality requirements.
Explore steelmaker evaluation →02 / OEMs & STEEL BUYERS
Ask your steel supplier about the iron.
Ask whether substituting qualifying Fe+ primary iron could improve the verified embodied-carbon performance of the steel you purchase. The actual benefit depends on the metallic displaced, inclusion rate and the mill's production route.
Discuss an OEM-led evaluation →03 / PUBLIC PROCUREMENT & POLICY
Look upstream in the steel value chain.
Verified primary-metallic emissions can inform finished-steel lifecycle data. Fe+ seeks technology-neutral recognition of measurable embodied-carbon performance alongside, but separate from, domestic procurement requirements.
Discuss carbon accounting →Fe+ does not claim that its use automatically qualifies steel for a particular procurement program, regulatory benefit or carbon credit. Such outcomes depend on applicable rules and independently verified evidence.
A credible route to very-low-carbon primary iron
Engineered for carbon performance. Delivered as HBI.
Fe+ combines established direct-reduction and hot-briquetting principles with a biomass-derived reducing-gas pathway and on-site heat and power integration. Briquetting is a purposeful design choice for handling, stockpiling and marine transport — not a claim that conventional HBI lacks these attributes.
01
Proven direct reduction
Commercial gas-shaft technology and conventional HBI finishing rather than experimental ironmaking.
02
Biomass-derived reducing gas
Clean woody biomass converted and conditioned to provide a lower-carbon reductant pathway.
03
Energy recovery first
Recover process heat wherever practical, then use biomass-based generation to supplement site power demand.
04
Marine-ready HBI
Dense briquettes improve transport and storage characteristics relative to ordinary DRI; established HBI safety, handling and shipping requirements still apply.
Conceptual visualization only. Final plant configuration, equipment, site layout and performance remain subject to engineering and commercial agreements.
Security through optionality
No single basin. No single port. No single point of failure.
Fe+ is advancing biomass procurement across Nova Scotia and marine-accessible North American forest basins while progressing DR-grade pellet supply and deep-water logistics. The objective is not the cheapest theoretical tonne. It is a secure, competitive and financeable supply system.
Diversified biomass
Local Nova Scotia supply remains attractive, supported by additional marine-accessible basins that protect reliability and negotiating discipline.
DR-grade iron feed
Pellet procurement is being developed around the quality and reliability required by the direct-reduction process and the final HBI specification.
Energy independence by design
Fe+ is being configured to recover waste heat and supplement remaining electricity demand with biomass-derived generation, reducing dependence on external grid capacity.
The carbon advantage moves downstream
From Canadian resources to lower-carbon products.
Fe+ is valuable only if its lower-carbon performance survives the value chain and helps the next customer make something measurably better. That is why we are engaging not only steelmakers, but the manufacturers that ultimately specify and market lower-carbon steel.
DR-grade iron feed
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Low-carbon reduction
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Fe+ ULC-HBI
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Lower-carbon steel
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Premium end products
Industrial decarbonization made in Canada
A climate solution with industrial substance.
Fe+ sits at the intersection of Canadian resource value addition, hard-to-abate industrial decarbonization and Atlantic trade. The project is being built to create measurable impact and a financeable industrial business — not one at the expense of the other.
Canadian value addition
Move beyond upstream resources by converting DR-grade iron feed into a higher-value export metallic.
Hard-to-abate impact
Target one of steel's most difficult emissions sources: the production of primary metallic iron.
Energy resilience
Reduce exposure to grid availability and power-price constraints through integrated heat recovery and on-site generation.
Export infrastructure
Use Atlantic deep-water access to connect Canadian resources with global steel demand.
Regional optionality
Select the final host configuration around the strongest combination of feedstock, infrastructure, logistics and public-sector support.
Institutional capital fit
Build toward measurable impact, proven core technology, contracted revenue and progressive risk removal.
No government endorsement is implied. Fe+ is being developed to align substantively with Canadian priorities around critical-mineral processing, domestic value addition, lower-emission industry, trade-enabling infrastructure and mobilization of private capital.
From development into execution
The next proof points are commercial and technical.
Fe+ is advancing customer evaluation, feedstock supply, integrated engineering, product specifications, transparent lifecycle accounting and financing. Target performance and prospective demand must become verified evidence and commercial commitments before a final investment decision.
Climate impact with industrial cash flow
The kind of transition asset capital can understand.
Fe+ is being structured around the elements strategic investors, pension capital, banks and public-sector partners require: measurable decarbonization, proven core technology, diversified supply, international market access, customer-backed revenue and a disciplined path to bankability.
The opportunity is not simply to finance another industrial plant. It is to participate in a Canadian pathway to scarce ultra-low-carbon primary iron.
Selective engagement
Seeking the advantage? Start here.
Fe+ welcomes discussions with steelmakers, OEMs and steel purchasers, strategic investors and public-sector partners who want to understand the value of differentiated lower-carbon primary iron. Initial production remains planned, not allocated or contracted.