Rio to invest $10m in low-carbon steelmaking projects
Rio to invest $10m in low-carbon steelmaking projects Steelmaking process. Rio Tinto (ASX, LON: RIO) committed with the world’s largest steel producer, China Baowu Steel Group, to invest $10 million over the next two years in low-carbon steelmaking projects and research. In a press release, the mining giant said its investment will fund the joint establishment of a Low Carbon Raw Materials Preparation R&D Centre, which will initially prioritize the development of lower-carbon ore preparation processes. Sign Up for the Suppliers Digest Sign Up “This will include creating two ore preparati...