Rio tinto to develop bioiron™ r&d facility in western australia to test low-carbon steelmaking

Perth, australia--(business wire)--rio tinto will invest us$143 million (a$215 million) to develop a research and development facility in western australia to further assess the effectiveness of its low-carbon ironmaking process, bioirontm, to support decarbonising the global steel value chain. the development of the bioiron research and development facility in the rockingham strategic industrial area, south of perth, follows successful trials of the innovative ironmaking process in a small-sca.
RIO Ratings Summary
RIO Quant Ranking