Blastr Green Steel has successfully concluded a strategic partner financing round to propel the development of an integrated ultra-low CO2 steel value chain in Finland. The funding round involved both existing and new investors with a shared focus on sustainable growth. New investors like Aurora Infrastructure, Onvest Oy, and Security Trading Oy have joined forces with original investors such as Cargill and Tesi to support Blastr's vision for a more sustainable steel industry. The funds raised will facilitate the advancement of Blastr's steel plant in Inkoo, Finland, and the development of a pellet plant that will produce 6 million metric tonnes of DR pellet feedstock annually. The innovative approach of Blastr involves using hydrogen instead of coal in the iron production process, leading to a drastic reduction of CO2 emissions by 90% compared to traditional steelmaking methods. The CEO of Aurora Infrastructure highlighted the significance of Blastr's green steel project for Finland, emphasizing its role in accelerating the country's transition to a sustainable future. Similarly, the CEO of Onvest Oy expressed the company's commitment to supporting the green transition project in Finland. By leveraging Finland's renewable energy resources and creating new job opportunities, Blastr aims to establish a low-carbon, profitable mine-to-gate steel value chain. The company's commitment to environmental sustainability is evident in its submission of an Environmental Impact Assessment report for the Inkoo plant, which concluded that the facility can be realized in an environmentally sustainable manner. This initiative aligns with the broader goal of building a robust hydrogen economy and meeting the rising demand for green steel in the market.