RIO News: Rio Tinto Invests $143M in Low-Emission Steel Research And Development - 4th Jun 2024, 9:07pm

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Rio Tinto Invests $143M in Low-Emission Steel Research And Development

Mining leader Rio Tinto (NYSE:RIO) has announced a $143 million (A$215 million) investment to establish a new research and development facility in Western Australia dedicated to low-emission steelmaking. The facility will focus on advancing the BioIron™ process, an innovative ironmaking technology that uses biomass instead of coal.

"The world needs low-carbon steel to reach net zero, and we are working to make this a r...

>>> Read more: Rio Tinto Invests $143M in Low-Emission Steel Research And Development
 
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