Rio joins forces with China Baowu to decarbonise steel
Mining major Rio Tinto has signed a memorandum of understanding (MoU) with the world’s largest steelmaker China Baowu, to explore a range of industry leading new projects in China and Australia to help decarbonise the steel value chain. Under the MoU, China Baowu and Rio plan to jointly advance specific decarbonisation projects, demonstrating their commitment to play a leading role in the industry’s low-carbon transformation.
Source: miningweekly.com
