Rio tinto and h2 green steel partner to accelerate the green steel transition

London--(business wire)--rio tinto and h2 green steel, an industrial startup establishing large scale production of green steel, have signed a multi-year supply agreement for high grade direct reduction iron ore pellets from rio tinto's iron ore company of canada (ioc) operations. rio tinto will also purchase and on-sell a part of the surplus low carbon hot briquetted iron (hbi) produced by h2 green steel during the ramp-up of its steelmaking capacity. ioc's direct reduction pellets will accoun.
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