Tag: Rio tinto
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Rio Tinto pumps $143 mn into ‘bioiron’ facility to shore up ESG credentials
Anglo-Australian resources giant Rio Tinto has announced recently that it would build an R&D facility in Western Australia for a low-carbon steelmaking process that uses agricultural by-products such as wheat straw and sugarcane to reduce iron ore. The investment for the project is $143 million. Following the success of a small-scale pilot plant in Germany,…