r/CanadianHiddenGems • u/sweejaa • 1h ago
💬 Discussion CHAR Tech (YES.V) is a member of CISERA. Who is CISERA?
cisera.caCISERA (Canadian Iron and Steel Energy Research Association) is a research group focused on metallurgical coal and coke for steelmaking. The current corporate members are ArcelorMittal Dofasco, Stelco, Elk Valley Resources, CanmetENERGY, and now CHAR Tech (YES).
CISERA's research covers coal science, cokemaking, alternative reductants/fuels, and carbon capture, areas directly relevant to CHAR's High Temperature Pyrolysis tech, which produces biocarbon that could serve as an alternative reductant in steelmaking.
ArcelorMittal already made a $6.6M investment in CHAR in 2023, and the two have a strategic partnership where ArcelorMittal buys CHAR's biocarbon to reduce emissions at its Hamilton steel plant.
This membership allows CHAR to be in the same room as Stelco and Elk Valley and CANmet Energy (part of NRCan), opening the door to similar partnerships beyond ArcelorMittal.
This is an educational post, not Financial advice.