Chalyx high-purity iron plant

by Hertha MetalsUS

Rapidly deploy green ironmaking capacity and prove economics at 10 kt/yr scale, enabling replication at other sites to scale North American domestic iron supply.

ProtoStage 2 of 5

Under construction in Texas. Start-up targeted 2027–2028.

Updated 2026Checked 11 Oct0 updates this week

Milestones

Next · Construction begins in Texas
  1. Hertha Metals founded2023Complete.
  2. Chalyx design completed2024Complete.
  3. Series A closed (\$133.65M incl. DOE grant)2026Complete.
  4. Construction begins in TexasTarget 2026Current milestone.
  5. Chalyx start-up and commissioningTarget Q4 2027Not yet reached.
  6. Full 10 kt/yr capacity rampTarget 2028Not yet reached.

Most important updates

Upcoming

  1. 2026Construction begins in Texas (next)
  2. Q4 2027Chalyx start-up and commissioning
  3. Q4 2027Chalyx start-up in Texas
  4. 2028Full 10 kt/yr capacity ramp
  5. 2028First offtake agreements
Primer