Rio Tinto and China Baowu Partner to Decarbonise Steel Value Chain in China and Australia
Rio Tinto, the world’s largest iron ore producer, and China Baowu Steel Group, the world’s leading steelmaker, have entered a partnership to implement a series of initiatives aimed at decarbonising the steel value chain in China and Australia. As part of this collaboration, they will develop a pilot-scale electric melter at a Baowu-owned steel mill in China, optimise pelletisation technology for Australian ores, and further develop China Baowu’s HyCROF technology that lowers CO₂ emissions in the blast furnace process. They will also explore low-carbon iron production opportunities in Western Australia.
Source: https://miningdigital.com/articles/rio-tinto-and-china-baowu-collaborate-for-low-carbon-shift
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