Helios is developing technologies to extract and refine resources in a sustainable way, on earth and beyond. The company achieved a significant breakthrough in producing iron from iron ore, employing only thermal energy and releasing only oxygen emissions. Helios’s green steel technology requires less energy and operating costs. This technology presents an economical and ethical choice and applicable to various metals, including iron, copper, and lithium.
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Inspired by work on lunar resource extraction, the Helios Cycle creates zero direct emissions and uses 30% less energy than traditional methods of extracting iron — offering transformational potential for the heavy-emitting steel industry.
Australia’s BlueScope Steel, opens new tab has signed a preliminary agreement with Israel-based Helios Project to trial its green iron, which is produced with clean energy rather than coal, from 2026.
Helios Project, developer of the Helios Cycle™, has signed a Memorandum of Understanding (MoU) with BlueScopeX, a subsidiary of BlueScope Steel, a global steel manufacturer headquartered in Australia.
In 2023 Helios joined the World Steel Association as an affiliated member. This marks a significant milestone in our journey to decarbonize the steel industry.
Helios is developing technologies to extract and refine resources in a sustainable way, on earth and beyond. The company achieved a significant breakthrough in producing iron from iron ore.
Helios started its path as a space company, developing technologies that can separate oxygen from metals that will be used on the moon. Any technology designed for space must operate in extreme environments, where sustainability and zero emissions are not an option but a necessity. Out of these necessities, Helios discovered and developed a novel method to produce iron from iron ore, requiring less energy and emitting only oxygen.
Helios started its path as a space company, developing technologies that can separate oxygen from metals which will be used on the moon. Any technology designed for space must operate in extreme environments, where sustainability and zero emissions are not an option but a necessity. Out of these necessities, Helios discovered and developed a novel method to produce iron from iron ore, requiring less energy, and emitting only oxygen.