Alterna (formerly Blacksmith Materials) is a new, US-based technology company focusing on advancements to Direct Reduced Iron (DRI) methods. DRI is an environmentally-friendly intermediate material used in steel production and is necessary for reducing GHG emission from iron & steel production. High operating and capital costs of other DRI systems are barriers to widespread adoption in the market. Alterna’s revolutionary design promises a new DRI process which is cheaper and faster to implement and operate than other DRI systems or even traditional (non-DRI) methods. We believe that making DRI economical and competitive with traditional processes is the only way to achieve rapid, widespread reduction in carbon emissions from iron & steel production.