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First commercial partner for BioIron™ technology announced by end of 2024?
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Official Rio Tinto press releases or news reports
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Rio Tinto to Develop $143 Million BioIron™ Facility for Low-Carbon Steelmaking in Australia
Jun 4, 2024, 08:57 AM
Rio Tinto is set to develop a $143 million research and development facility in Western Australia to test its low-carbon steelmaking process, BioIron™. This initiative aims to transform an empty warehouse in Perth’s south into a state-of-the-art research facility. The BioIron™ process is designed to eliminate the need for cooking coal, significantly reducing emissions in the steel industry. This development highlights how new clean energy tech can help eliminate steel-industry emissions.
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