Tata Steel Unlimited
Bombay House, 24 Homi Mody Street, Fort, Mumbai, Maharashtra, 400001, India
Overview
Tata Steel is a top ten global steel maker and the world’s second most geographically diversified steel producer. Tata Steel was founded in India in 1907. Since 2004 the Company has expanded globally, acquiring Asian steel producers NatSteel and Millennium Steel (now called Tata Steel Thailand) as well as Europe’s second largest steel producer Corus (now called Tata Steel Europe Limited). Tata Steel is part of the Tata Group, India’s largest industrial conglomerate. Both Tata and Tata Steel have a long history of charitable donations and social responsibility, with Tata spending approximately 4% of the Company’s profit after tax on corporate social responsibility initiatives. Tata Steel endeavours to improve the quality of life in the communities in which the Company operates. Tata Steel’s charitable projects have touched the lives of over 800,000 people in India.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 8
Sector focus
- Manufacturing
- Mineral
- Mining Technology
- Natural Resources
Investment portfolio
- Boston Metal
Participated · Equity · May 2026
Boston Metal develops molten oxide electrolysis (MOE) technology that runs electric current through ore dissolved in a molten electrolyte to separate metals at high temperature. The company has applied MOE to steel production—completing the largest run of its pilot industrial cell in Woburn, Massachusetts in early 2025, producing about a ton of steel—and is shifting focus toward higher-value critical metals like niobium, tantalum, tin, vanadium, nickel, and chromium. Its Brazilian subsidiary is building a commercial-scale plant to process low-grade material into a mixture of critical metals, but the facility suffered a refractory-system issue in January that caused an electrolyte leak, delayed startup, and led to operational and financing setbacks. Boston Metal repaired and restructured operations, laid off 71 employees, and now expects the Brazil plant to be ready to start up in September 2026. The company has raised over $500 million in total and secured a $75 million financing round to support the Brazil facility’s operation and other critical-metals projects. It is also discussing future deployments, including a potential U.S. plant to produce chromium.