Element Zero
The Green Metal Company
Perth, Australia · Founded 2022 · $10.0M raised
- Headquarters
- Perth
- Founded
- 2022
- Business Model
- B2B
- Website
- elementzero.green
- Total Funding
- $10.0M
- Last Round
- $10.0M SeedJan 2024
- Rounds
- 1
About
Element Zero is a Perth, Western Australia-based green materials startup founded in 2022, developing a patented non-aqueous alkaline electrochemical process to convert metal ores — including iron ore, nickel ore, titanium, tin, and silica — into pure metal with zero carbon emissions. The process operates at low temperature using intermittent renewable energy (wind, solar, hydropower) and requires 30–40% less processing energy than conventional methods, with no membranes and no fossil fuels. The company's Pilbara Iron Super Hub project, located at the Boodarie Strategic Industrial Area near Port Hedland, WA, targets 5 million tonnes/year of iron ore feed scaling to 20 million tonnes/year (~US$9B revenue), exporting green iron to North and Southeast Asian markets. Element Zero raised a US$10M seed round in January 2024 led by Playground Global. The company was named a BNEF Pioneer and was recognized by NearZeroSteel.
Summary
Element Zero is a Climate Tech company based in Perth, Australia, founded in 2022. It has raised $10.0M in total across 1 round, most recently a $10.0M Seed round in Jan 2024. Investors include Playground Global.
Tech & App Stack
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Funding History
Jan 2024
Investors
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