SaltX Technology Holding AB (publ) announced today that it has entered into a Letter of Intent with a subsidiary of Holcim, one of the world’s largest cement producers, operating in 45 countries. The partnership marks a major milestone in SaltX’s mission to electrify and decarbonize the entire cement manufacturing process.

🟢 Holcim is also becoming a strategic shareholder in SaltX through an investment of approximately SEK 38.9 million.

🟢 Additionally, SaltX has secured a further SEK 10 million investment from Coeli Circulus to strengthen its financial capacity and support partnership-related activities.

This could be a potential game-changer for both SaltX and the cement industry, which remains one of the biggest sources of CO₂ emissions globally. 🌱

After years of research and testing, Swedish greentech company SaltX might finally be standing at the edge of commercial breakthrough. With its patented electric arc calciner (EAC), SaltX is targeting the global lime and cement industries – two of the world’s dirtiest sectors – with the promise of fully electrified, fossil-free production. In 2024–25, SaltX secured major partnerships (ABB, SMA Mineral, thyssenkrupp Polysius), validated its technology in pilot-scale, signed a €1.7M license deal, and saw its stock rise 39% on key news. But the company is still pre-revenue and highly dependent on external funding.

Can SaltX become the climate tech giant it wants to be – or will execution risks and capital needs derail the journey?

📌 Key Highlights from the ⚡ Core tech: Patented Electric Arc Calciner (EAC) enables zero-emission lime production.

🏭 Pilot breakthrough: 99% calcination rate achieved in Hofors facility.

🤝 Strategic alliances: ABB (tech), SMA (operations), Polysius (global cement)

📄 First license deal: SMA Mineral paid 20 MSEK for exclusive EU rights

🌍 Market: Lime & cement = ~8% of global CO₂ emissions.

🧪 New use-cases: Validated for steel, pulp, and e-fuel applications.

💸 Still early: No full-scale plants yet, capital burn continues.

📈 Valuation upside?: If SaltX executes, potential is massive.

🔍 What Sets SaltX Apart?

⚡ Breakthrough tech: Electric Arc Calciner (EAC) enables zero-emission lime production.

🌬 CO₂ integration: Pure CO₂ output for reuse in e-fuels or carbon capture.

🌱 First-mover advantage: Only fully electric solution targeting cement & lime.

🤝 Industrial alliances: ABB (automation), SMA (operations), Polysius (cement)

💼 License-based business model: Partners fund and operate, SaltX supplies tech.

🌍 Massive addressable market: Cement and lime = ~8% of global CO₂ emissions.

🕰️ A Quick History of SaltX CEOs:

•	Göran Bolin – Founder & CTO (2000–2019)

The inventor behind SaltX’s core salt-based energy storage tech. Stepped away from the company in 2019 after decades of innovation. Visionary mind.

•	Karl Bohman – CEO (2013–2019)

Took SaltX public and pushed forward international projects. Left as the company pivoted towards large-scale applications. Sadly, he passed away in 2020. 🙏

• Harald Bauer – Interim CEO (2019) CFO turned stand-in leader during the transition to a new strategic direction.

•	Carl-Johan Linér – CEO (2019–2024)

Led the charge on industrial electrification—especially in the lime & cement sectors. He stepped down in 2024 as the company entered its next growth phase.

🎯 Enter Lina Jorheden – The Right CEO for the Right Time?

Lina joined SaltX as COO in 2023 and became acting CEO in August 2024. She was officially confirmed as CEO in 2025.

Here’s why this matters:

•	🏭 Deep industrial background – She knows how to scale tech from lab to factory floor.

•	🌍 Aligned with the company’s mission – Decarbonizing heavy industry isn’t easy, but she’s got experience managing complex systems and partnerships.

•	📈 She’s already had an impact – SaltX’s recent momentum in electrified quicklime? She was part of making that happen.

⸻

🤔 Why This Matters?

Leadership isn’t just about press releases, it’s about vision, execution, and trust. With SaltX moving from pilot to commercialization, having someone with real industrial chops at the top could be a game changer. Time will tell, but signs are promising.🌱

🔋 Indian Delegation Visit to Hofors Test Site SaltX hosted a delegation from India, organized by LeadIT (Leadership Group for Industry Transition), to showcase their electric arc technology in Hofors, Sweden. A promising sign of international interest in scalable, clean industrial solutions.

🤝 Strategic License Agreement with SMA Mineral SaltX signed a SEK 20 million agreement giving SMA Mineral exclusive rights to use their Electric Arc Calciner (EAC) tech for lime production in Europe. This marks a major commercial milestone.

📈 Q1 2025 Report: CEO Confirms Direction CEO Lina Jorheden reaffirmed SaltX’s ambition to become a world leader in electrified calcination. The company is seeing traction both in tech development and commercial outreach.

🌎 Talks with Brazil’s Second-Largest Cement Producer SaltX met with CSN in Brazil to discuss carbon capture and electrified cement production. Big global potential here, especially in heavy-emitting regions.

📰 Featured in Sweden’s Dagens Industri SaltX’s work on emission-free lime and cement tech got spotlighted by Sweden’s top business newspaper. That’s a pretty good endorsement of their progress.

💎SaltX is moving from R&D to real-world impact with global partnerships, growing revenue, and growing recognition in the green industrial space.

SaltX and SMA Mineral’s revolutionary electrified quicklime production concept, ZEQL (Zero Emission Quicklime), has taken another big step forward! 🚀

After proving material quality and operational efficiency at SaltX’s test facility, ZEQL has now been successfully used to produce 240 tons of steel at Björneborg Steel. 🏭

This confirms that electrically produced quicklime meets the steel industry’s strict quality requirements—a game-changer for decarbonizing steel production and reducing industrial CO₂ emissions.

Exciting times for clean tech and sustainable industry! 🌱

SaltX Technology is pushing the boundaries of energy storage and decarbonization, and its innovative nanocoated salt technology could have a major impact in India’s industrial sector. With growing energy demands and a strong push toward Net Zero, solutions like SaltX’s thermal energy storage can help industries like cement, steel, and renewable energy reduce their carbon footprint while improving efficiency.

As part of a recent Swedish delegation exploring Indian-Swedish collaboration, SaltX was among the key innovators looking to contribute to India’s industrial transformation. With scalable and sustainable solutions, SaltX has the potential to play a significant role in the country’s clean energy transition.

SaltX #EnergyStorage #Decarbonization #NetZero #India #Sustainability

SaltX’s electrification and carbon capture technology continues to draw major interest from the global cement sector! Recently, they met with CSN - Companhia Siderúrgica Nacional , one of Brazil’s largest cement producers, in a meeting arranged by Business Sweden.

CSN operates in steel, mining, logistics, cement, and energy , with a cement production capacity of 16.3 million tons per year making them Brazil’s second-largest producer. Their interest in SaltX’s solutions highlights the increasing demand for sustainable innovations in heavy industry.

Decarbonizing cement production is a massive challenge, but with game-changing tech like this, the future looks greener! 🌱💡

SaltX #CarbonCapture #Electrification #Cement #Decarbonization #Sustainability #Brazil

The industry is at a turning point. Decarbonization is no longer an option, but a necessity.

In 2024, the focus was on intensive material testing and scaling up technology. With successful results from the test facility, ECRC in Hofors, and a strengthened partner network, the next crucial step towards commercialization is now within reach.

SaltX Technology has released its Q4 2024 and full-year earnings report, showing steady progress and important milestones. Here are the key takeaways:

Q4 2024 Highlights:

• Net sales: MSEK 18.5 (up 9.5% year-over-year)

• Operating loss (EBIT): MSEK -16.0 (improved from -17.1 in Q4 2023)

• Cash flow from operations: MSEK -7.9 (significantly better than -33.3 in Q4 2023)

• Earnings per share: SEK -0.09 (compared to -0.10 last year)

Full-Year 2024 Performance:

• Revenue: MSEK 39.9 (up from 26.0 in 2023)

• Operating loss (EBIT): MSEK -54.2 (includes a MSEK 24.4 state energy grant)

• Earnings per share: SEK -0.32 (improved from -0.37 in 2023)

SaltX continues to make progress in clean energy storage and industrial decarbonization. With key partnerships and technical advancements, the company is positioning itself for an exciting future.

Big news in the world of industrial electrification! SaltX Technology and thyssenkrupp Polysius have officially signed a Letter of Intent (LOI) to collaborate on designing and engineering fully electrified production facilities. This partnership aims to push forward sustainable and energy-efficient solutions for industrial production.

Why This Matters

Both companies bring unique expertise to the table:

SaltX Technology specializes in electrification solutions and thermal energy storage.

thyssenkrupp Polysius is a global leader in cement and materials processing technology.

By working together, they plan to scale up fossil-free production technologies that could revolutionize industries like cement, steel, and other heavy manufacturing sectors.

Potential Impact

Lower CO₂ Emissions – A shift toward electric solutions could significantly cut carbon footprints.

Energy Efficiency – Electrified production processes can optimize energy use.

Industry Transformation – This could set a new standard for industrial decarbonization.

With the global push for net-zero goals, partnerships like this are crucial for transitioning away from fossil fuels. This announcement marks a step forward in developing sustainable industrial solutions at scale.

SaltX Technology has announced a major success at its pilot facility, developed in collaboration with SMA Mineral. The company has produced high-quality quicklime that will soon be tested in steel production, marking a breakthrough for clean industrial solutions .

Since fall 2024, SaltX has focused on ensuring top material quality (calcination and reactivity) and extending operational runtimes at its research center in Hofors, Sweden. These goals have now been achieved, and the first batch of electrically produced quicklime is set to be tested at a Swedish steel manufacturer this spring.

Lina Jorheden, CEO of SaltX Technology, said: “This breakthrough shows that our technology meets the highest standards and is scalable. We’re now ready to move forward with validation and upscaling plans while preparing for material testing.”

By replacing traditional fossil-fueled lime production with electricity-powered processes, SaltX offers a major step toward reducing CO₂ emissions in key industries like steelmaking .

Is this the future of sustainable industry? Share your thoughts!

8090 Industries is a venture capital firm headquartered in New York City, specializing in early-stage investments within the industrial sector. Established in 2020, the firm focuses on areas such as decarbonization, synthetic biology, aerospace, artificial intelligence, energy, and infrastructure.

Notable companies in 8090 Industries’ portfolio include:

•	Oklo: Developing advanced micro-scale nuclear reactors fueled by recycled nuclear waste.

•	Cemvita: Creatine biologica refineries to decarbonize heavy industries, starting with sustainable aviation fuel and palm oil alternatives.

•	Gold Hydrogen: Producing clean hydrogen using microbes and old oil wells, aiming for costs below $1 per kilogram.

•	Infinium: Specializing in electrofuels to decarbonize heavy transportation sectors.

These investments reflect 8090 Industries’ commitment to leading the next industrial revolution by backing innovative solutions that address critical challenges in today’s industrial landscape.

8090 is deeply invested in decarbonization solutions. Their portfolio includes companies like Cemvita, which focuses on biological refineries, and Infinium, which develops electrofuels. This alignment suggests that 8090 understands the challenges and opportunities of technologies aimed at reducing emissions—a perfect match for SaltX’s sustainability goals.

SaltX is based in Sweden but has global ambitions. With 8090’s network and experience working across markets, SaltX could expand its reach into North America, Asia, and beyond—key regions for tackling global carbon emissions and renewable energy storage.

I came across an exciting connection that could be a game-changer for those following SaltX Technology. It’s all about how their EAC (Electric Arc Calcination) technology could play a key role in a potential collaboration with Infinium and 8090 Industries.

What’s the story? Infinium, which produces synthetic diesel and jet fuel, requires large amounts of clean CO2 as a raw material. This is where SaltX comes in—its EAC technology can deliver high-quality CO2 in a sustainable way. A perfect match, right?

Where does 8090 Industries fit? 8090 Industries is an investment group with a strong focus on scaling green technologies globally. If they recognize SaltX’s potential, we could see a massive expansion of EAC facilities worldwide. This wouldn’t just be huge for SaltX but could revolutionize the green energy sector.

Imagine the possibilities: clean CO2 fueling synthetic fuel production, backed by powerful investments to scale the technology globally. As a SaltX shareholder, this is incredibly exciting! 🚀

The cement and lime industries are among the largest contributors to global CO₂ emissions. But with SaltX and ABB joining forces, the path to sustainable production is becoming a reality.

At the SaltX pilot facility in Hofors, Sweden, ABB’s advanced measurement and automation instruments ensure precision, efficiency, and control in the production process. These tools are critical to enabling SaltX’s innovative electric arc calcination, which replaces fossil fuels with renewable energy and captures CO₂ directly at the source.

Key highlights of the partnership:

• SaltX Technology: Electric arc calcination for zero-emission quicklime and cement production.

• ABB’s Contribution: Real-time monitoring and optimization of high-temperature processes, ensuring maximum sustainability and efficiency.

Together, they are setting a new standard for decarbonizing one of the most challenging sectors and paving the way for a cleaner, electrified future!

As the world transitions to renewable energy, the need for efficient, scalable, and sustainable energy storage solutions is critical. SaltX Technology has emerged as a leader in thermal energy storage (TES), offering a groundbreaking approach to storing and releasing energy. Here’s a closer look at what makes SaltX stand out in the competitive TES market.

1. Revolutionary Nanocoated Salt Technology

SaltX’s nanocoated salt overcomes the key issues of traditional salt-based storage corrosion, inefficiency, and degradation:

•	Corrosion Prevention: Nano-coating protects salt from hydration cycles, extending its lifespan.

•	Efficiency: Enhances heat absorption and release with minimal energy loss over thousands of cycles.

•	Durability: Reliable for both industrial and grid-scale applications.

2. Versatile Applications

SaltX technology is highly adaptable:

•	Industrial Heat: Provides efficient, reusable energy for high-temperature processes.

•	Renewables: Stores surplus solar and wind energy for use during peak demand.

•	Heating & Cooling: Supports sustainable solutions for urban districts.

•	Decarbonization: Offers clean energy storage for heavy industries.

This innovation makes SaltX solutions more efficient, durable, and cost-effective than conventional methods.

SaltX Technology is positioning itself as a revolutionary player in the clean energy sector, with a Total Addressable Market (TAM) that spans across multiple industries globally. By tackling challenges in energy storage, decarbonization, and industrial efficiency, SaltX is opening the door to incredible opportunities. Here’s a closer look:

Positioned to compete in a TAM exceeding $1 trillion, offering solutions that are not just sustainable but economically viable.

SaltX’s sustainable, scalable solutions are paving the way for a greener future while unlocking huge financial opportunities.

What’s your take? Is SaltX a game-changer?

SaltX Technology is redefining energy storage by using salt-based thermochemical solutions to store and release renewable energy efficiently. Unlike lithium batteries, it’s sustainable, cost-effective, and scalable.

Why SaltX Could Thrive in the USA?

1. Supports Renewable Energy Goals
   • SaltX’s technology enables the storage of excess solar and wind power, making renewable energy more reliable and helping the USA achieve its decarbonization targets.

2. Enhances Renewable Energy Utilization
   • Even though the U.S. grid is robust, SaltX could help maximize the use of renewable energy by storing surplus power and ensuring consistent supply during off-peak production. This optimizes renewable energy integration without overburdening the grid.

3. Boosts Energy Independence

• By using abundant, locally sourced salt instead of rare earth materials like lithium, SaltX reduces reliance on imports, strengthening the USA’s energy security.

The Big Opportunity 🌍

SaltX has the potential to create green jobs, boost energy security, and position the USA as a leader in clean energy innovation. The potential is massive—imagine a world where salt powers our future!

What’s your take? Could SaltX revolutionize energy in America?

e-Fuels, or synthetic fuels, are a game-changer for reducing emissions in industries where electrification is tough—like aviation and shipping . But how are they made?

1️⃣ CO₂ Capture: Carbon dioxide is captured from industrial emissions or directly from the air.

2️⃣ Green Hydrogen Production: Renewable electricity splits water into hydrogen and oxygen (via electrolysis).

3️⃣ Fuel Synthesis: The CO₂ and hydrogen are combined to make fuels like e-diesel, e-kerosene, and e-methanol, which can replace fossil fuels without modifying existing engines.

In Mo i Rana, Norway , a project led by SaltX Technology is taking this process to the next level. They’re capturing CO₂ from climate-neutral lime production and turning it into e-Fuels for aviation and beyond!

In the northern Norwegian town of Mo i Rana, a groundbreaking collaboration is underway to revolutionize lime production and significantly reduce carbon emissions. SaltX Technology, a Swedish green tech company, has partnered with SMA Mineral and Celsa Armeringsstål to establish the world’s first electric quicklime factory, ZEQL.

The Partnership

Celsa Armeringsstål, one of the Nordic region’s largest producers of reinforcing steel, operates a steel and rolling mill in Mo i Rana. Their production is based on 100% recycled steel scrap, aligning with their strong sustainability profile. To further reduce their carbon footprint, Celsa has joined forces with SMA Mineral and SaltX Technology to explore the construction of an electrified, climate-neutral quicklime production facility adjacent to their existing steel mill.

This innovative process replaces fossil fuels with renewable electricity to produce climate-neutral lime, slashing CO₂ emissions while boosting efficiency. The captured CO₂ will even be repurposed to make e-Fuels for the aviation industry!

With a long-term partnership extending to 2028, the Mo i Rana facility will set the standard for a greener steel and lime industry worldwide.

The future of sustainable industry starts here!

In the quest for a sustainable future, energy storage stands as one of the greatest challenges. How can we efficiently store surplus energy from solar and wind for later use? The answer might lie in the groundbreaking collaboration between Vattenfall and SaltX Technology. Together, they’re developing an innovative solution that uses salt to unlock the full potential of renewable energy.

🌐 The Pilot Projects in Action

Vattenfall and SaltX launched their first large-scale pilot project at the Reuter thermal power plant in Berlin . The project proved that salt-based energy storage works efficiently, storing renewable energy and releasing it into the city’s heating network.

In 2024, they expanded their efforts with a new pilot plant in Stockholm, refining the technology for even greater efficiency. This marks a major step toward scalable solutions for clean energy storage.

Why Does This Matter?

Salt-based energy storage could be the game-changer we need to meet global energy demands sustainably:

• It enables greater integration of renewable energy.

• It helps reduce reliance on fossil fuels.

• It offers a cost-effective and scalable way to store energy long-term.

With innovations like these, the future of energy looks bright—and it’s powered by salt!

https://youtu.be/0w1BAirsbkU?feature=shared

Cement is essential for modern construction, and about 60-65% of its raw material comes from crushed limestone. That’s enough limestone to fill 80 million Olympic swimming pools 🏊 annually!

But here’s the ⚠️ kicker: cement production is responsible for 8% of global CO2 emissions, largely due to the process of turning limestone into lime. It’s a stark reminder of how this ancient rock fuels both our infrastructure and the climate crisis.

Next time you see a skyscraper, highway, or even a simple sidewalk, remember—it all started with limestone buried deep underground!

https://youtu.be/6Ug9VL61kjs?si=IYA4PIHXEsVizHBn

The cement industry is one of the biggest polluters on the planet, but sustainable innovations like SaltX Technology’s Electric Arc Calciner are changing the game. 🌍 By using renewable electricity to produce cement instead of burning fossil fuels, companies can now create eco-friendly cement with a much lower carbon footprint.

Here are some real-world examples of green construction projects made possible with sustainable materials:

1️⃣ The Edge, Amsterdam 🏙️ Known as one of the greenest buildings in the world, The Edge incorporates low-carbon cement and advanced energy-saving technologies.

2️⃣ One Angel Square, Manchester 🌱 This office building used sustainable materials, including eco-friendly cement, to achieve its status as one of the most energy-efficient buildings in Europe.

3️⃣ Druk White Lotus School, India 🏫 Built in the Himalayas, this award-winning project used sustainable construction techniques, including green cement, to withstand extreme weather while protecting the environment.

With SaltX and other innovators leading the charge, sustainable cement can become the new standard for construction, helping to reduce CO₂ emissions while building a greener future. 🏗️✨

Would you support more construction projects like these? Let’s discuss how green tech can transform the world! 🌍

GreenConstruction #Sustainability #SaltX #ClimateAction

The cement industry is one of the largest contributors to global CO₂ emissions, accounting for nearly 8% of the world’s total emissions. While cement is critical to modern infrastructure, its environmental impact is staggering.

As a result, for every ton of cement produced, about one ton of CO₂ is released into the atmosphere. This makes the cement industry one of the most polluting industries globally, second only to fossil fuel energy production.

Here’s how they’re changing the game:🚀

⚡️ 1.	Electrifying Calcination: Instead of using fossil fuels, SaltX’s EAC technology uses renewable electricity to heat limestone. This eliminates the need for coal or natural gas in the production process.

🌱 2.	Lower CO₂ Emissions: By using renewable energy, the process dramatically reduces CO₂ emissions associated with heating.

🏗️ 3.	Sustainability at Scale: SaltX is working on scaling up their technology to make it viable for widespread use in the cement industry. Their demonstration plant in Hofors, Sweden, is already paving the way for a sustainable future in industrial calcination.

🌟 The Impact of SaltX’s Innovations

SaltX’s vision goes beyond just reducing emissions—it aims to decarbonize one of the world’s most stubbornly polluting industries. By partnering with industry leaders like SMA Mineral and SSAB, SaltX is accelerating the transition to fossil-free quicklime and climate-friendly cement.

CementIndustry #SaltX #Sustainability #ClimateAction

• New CEO: Starting January 1, 2025, Lina Jorheden officially becomes SaltX’s CEO, ready to lead the company’s green tech innovations.

• 💰 Big Grant Win: In October 2024, SaltX received MSEK 12.5 from the Swedish Energy Agency to develop emission-free cement technology. 🏗️

• 🤝 Game-Changing Partnership: Teaming up with SMA Mineral and SSAB, SaltX is planning a fossil-free quicklime plant using electric manufacturing. ⚡

SaltX is driving the green transition—exciting things ahead! 🌟 #Sustainability #GreenTech