Financial Times

Hertha Metals, a startup founded by alumna Laureen Meroueh SM ’18, PhD ’20, “has developed a way to produce high-purity iron needed in the magnets used in everything from electric vehicles to humanoid robots,” writes reporter Stephanie Findlay for the Financial Times. “Hertha is breaking ground on a 10,000-tonne-a-year commercial facility today on the outskirts of Houston to produce the metal,” Findlay highlights. “The company plans to produce the first steel-grade iron in the fourth quarter of next year and start producing the high-purity iron by 2028.”