He studied the economy of utilizing the waste heat in blast furnace gases.
By 1871 he was general manager of the Ebbw Vale Iron Works, where he planned the Bessemer Steel Department.
[1] In 1875, Richards was General Manager of the Eston Ironworks of Bolckow Vaughan and Co, North Yorkshire.
These included three hæmatite blast furnaces, and his work with Sidney Gilchrist Thomas contributed to the development of the Gilchrist-Thomas process.
[4] In 1907, Richards bought the decommissioned naval fort on St Catherine’s island, Tenby.