LanzaTech (LNZA) announced the awarding of a EUR 40M grant from the European Union’s Innovation Fund, subject to the finalization of the grant agreement. The project, featuring the first commercial deployment of LanzaTech’s second-generation bioreactor, aims to produce 23.5 kt of ethanol per year by consuming smelter furnace greenhouse gases from the Porsgrunn Manganese Smelter operated by Eramet Norway AS.
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