This is dumb and harebrained on steroids. Woburn is a nice suburb. Any pilot plant will have to be so small as to be meaningless. This is just a glorified science project. Called lets use lots of electricity to melt fairy non-conductive iron ore.
The people behind this know this is a useless demonstration project. But they are not going to turn down tens of millions in free Federal money.
Correction -— ArcelorMittal. is blowing 120 million here. Not the Feds.