These innovative projects are the outcome of a longstanding collaboration between Rio Tinto and China Baowu, which spans more than 50 years. The China Baowu and Rio Tinto Partnership Through these projects, China Baowu and Rio Tinto intend to decarbonize the steel value chain. As Western Australia plays a crucial role in global iron ore supply, investigating and implementing low-carbon production methods in this region will contribute to a greener and more sustainable steel industry. China Baowu’s H圜ROF technology, which effectively mitigates carbon emissions from the blast furnace process, is another project that will be expanded through this partnership.Īdditionally, the partnership is a joint study on exploring opportunities for producing low-carbon iron in Western Australia. This development aims to enhance the suitability of Australian ores as a feedstock for low-carbon reduction. Using direct reduced iron derived from low- and medium-grade ores will enable the production of low-carbon steel.Īnother area of focus for the collaboration is the optimization of Australian ores.
One such project involves the research, construction, and demonstration of a pilot-scale electric melter at one of Baowu’s steel mills in China. Low-Carbon Transformation ProjectsĪs part of their collaboration, China Baowu and Rio Tinto have identified several key projects aimed at driving the low-carbon transformation within the steel industry.
The companies’ shared commitment to playing a leading role in the industry’s low-carbon transformation has paved the way for this collaboration, which will focus on various projects and enhanced technologies to reduce carbon in the emissions-intensive industry. China Baowu and Rio Tinto recently partnered on a range of projects in China and Australia to help decarbonize the steel industry.
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