About Element Zero
The Green Metal Company
Element Zero is an Australian green metals technology company developing a new way to produce iron and other metals without carbon emissions. Our patented electrochemical process uses renewable electricity to convert iron ore directly into high-purity iron, with the potential to transform how metals are produced globally.
Why it matters
Iron and steel are fundamental to modern life, but their production is one of the world’s largest sources of industrial carbon emissions. Element Zero is developing technology that replaces fossil-fuel-intensive ironmaking with a low-temperature electrochemical process powered by renewable energy.
What we’re building
We are developing and scaling a patented, low-temperature electrochemical process that converts iron ore into high-purity iron using renewable electricity. The technology is designed to work across a wide range of iron ore grades while using significantly less energy than conventional coal- or gas-based processes.
While our immediate focus is green iron, the platform also has potential applications across other metals, including nickel and silicon.
The potential impact
Iron and steel production represents one of the world’s largest opportunities for industrial decarbonisation. By replacing carbon-intensive processing with renewable-powered electrochemistry, Element Zero’s technology has the potential to reduce emissions at the source while enabling continued production of the metals the global economy depends on.
* Chart represents 2022 Global Industrial Carbon Emissions. IEA. (2023, June 15). Direct CO2 emissions from industry in the net zero scenario, 2000-2030 – charts – Data & Statistics. IEA.https://www.iea.org/data-and-statistics/charts/direct-co2-emissions-from-industry-in-the-net-zero-scenario-2000-2030-2
Meet Our Team
Our team brings together expertise in electrochemistry, metallurgy, engineering, renewable energy, project development, finance and commercialisation, with experience building and scaling technology and resources businesses globally.
Michael Masterman
Michael has extensive experience building and scaling resources, infrastructure and renewable energy businesses. He has been involved in major resources and clean energy ventures including Fortescue, Fortescue Future Industries, Squadron Energy and Zenobe.
At Element Zero, Michael leads the company’s commercialisation, financing and global development strategy, drawing on decades of experience across resources, energy and large-scale project development.
Bart Kolodziejczyk
Bart is an electrochemist and clean technology innovator with more than 15 years’ experience across renewable energy, hydrogen and industrial decarbonisation. As Element Zero’s Chief Technology Officer, he leads the development and scale-up of the company’s electrochemical metal production technology.
He was Director at Boston Consulting Group and Chief Scientist at Fortescue. Previously CTO at H2SG Energy (Singapore), which manufactured electrolyser systems valued at $220 million. He advises the UN, OECD, G20, World Energy Council and European Commission. In 2022 he received the Order of Australia for service to hydrogen energy. Bart holds nine degrees (including two PhDs and six master’s degrees) and over a dozen patents.
Peter Barrett
Peter is Co-Founder and General Partner at Playground Global, a Silicon Valley venture capital firm specialising in deep technology. He has extensive experience founding, building and investing in breakthrough technology companies across advanced computing, engineering and decarbonisation.
Peter joined the Element Zero Board following Playground Global’s investment in the company and brings extensive experience commercialising and scaling deep technologies.