Nucor and Toyota Tsusho sign offtake agreements for Electra's iron

Electra/Electrochemical Iron Demo (Jefferson County)

Nucor (the largest steelmaker in the US) and Toyota Tsusho (a major automotive supply and trading company) signed offtake agreements to purchase Electra's iron for use in their supply chains. Both are committed customers of Electra's demonstration output and future commercial production.

• Nucor will use Electra iron in sheet mills and customer products
• Toyota Tsusho will supply automotive and industrial sectors
• Agreements cover demo facility and future commercial production