Deals Counterparts

BHP Ventures invests in Electra to decarbonize mining operations

Investment Electric Refining announced Boulder, Canada Sep 17, 2025
USD85M
Deal Value
development
Stage

BHP Ventures made a strategic investment in Electra Battery Materials to support the development of North America's only integrated battery materials park. The investment aims to advance the production of low-carbon battery materials for the electric vehicle supply chain and decarbonize mining operations.

Source Intelligence

KEY DETAILS

Electra plans to complete the build-out of a green-iron refining pilot plant in 2023 at its headquarters in Boulder, CO, and plans to have a commercial-scale demonstration plant qualified by the second half of this decade. "Electra will complete the build-out of a green-iron refining pilot plant in 2023 at its headquarters in Boulder, CO, and plans to have a commercial-scale demonstration plant qualified by the second half of this decade."

Deal Size
Amazon, Bill Gates-Founded Breakthrough Energy Ventures, Others Invest $85 Million into Electra to Decarbonize Electricity
Location
Electra will complete the build-out of a green-iron refining pilot plant in 2023 at its headquarters in Boulder, CO
Announcement
October 6, 2022
PARTIES MENTIONED IN SOURCE
A
Amazon investor

"Amazon, Bill Gates-Founded Breakthrough Energy Ventures, Others Invest $85 Million into Electra to Decarbonize Electricity"

B
Breakthrough Energy Ventures investor

"Amazon, Bill Gates-Founded Breakthrough Energy Ventures, Others Invest $85 Million into Electra to Decarbonize Electricity"

B
BHP Ventures investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

T
Temasek investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

S
S2G Ventures investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

C
Capricorn Investment Group investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

L
Lowercarbon Capital investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

V
Valor Equity Partners investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

B
Baruch Future Ventures investor

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

E
Electra company

"Bill Gates-founded Breakthrough Energy Ventures, Amazon, BHP Ventures, Temasek, S2G Ventures, Capricorn Investment Group, Lowercarbon Capital, Valor Equity Partners, Baruch Future Ventures and others back the company Electra"

high quality Enriched Feb 19, 2026

Timeline

Announced
Sep 17, 2025
Signed
Closed
1 of 1 Electric Refining deals tracked this month · Updated daily

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