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LanzaTech Secures €40 Million EU Innovation Fund Grant for first-of-its-kind integrated CCUS project in Norway

LanzaTech Global, Inc. (LNZA) 
Company Research Source: GlobeNewswire
SKOKIE, Ill., Nov. 05, 2025 (GLOBE NEWSWIRE) -- LanzaTech Global, Inc. (NASDAQ: LNZA), a leader in industrial carbon recycling, is thrilled to announce the awarding of a €40 million 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 (~8M U.S. gallons) of ethanol per year by consuming smelter furnace greenhouse gases (GHG) from the Porsgrunn Manganese Smelter operated by Eramet Norway AS, a world leading ferroalloy producer. If fully implemented to include carbon capture and storage LanzaTech and Eramet Norway AS seek to achieve up to a 97% reduction in emissions, targeting an annual GHG avoidance of 1,698,175 tons CO2e. A co-product of the process, highly concentrated CO2, will be purified, liquefied and transported for permanent geological storage in the North Sea, ensuring robust and sustainable disposal of c Show less Read more
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