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Rio Tinto To Help Accelerate GravitHy's Steel Decarbonisation Project In France

Rio Tinto has entered into definitive agreements with GravitHy to help accelerate
GravitHy's steel decarbonisation project in France. Rio Tinto will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada operations to GravitHy's planned operation, as well as manage the sales and marketing of ultra-low
carbon Hot Briquetted Iron GravitHy produces.

Rio Tinto Head of Steel Decarbonisation Simon Farry said: "This collaboration is aligned with Rio Tinto's steel decarbonisation strategy to accelerate the development of low-carbon Electric Arc Furnace steelmaking with high-grade iron as feedstock. This will allow us to both reduce our Scope 3 emissions and create valuable decarbonised pathways for our high-grade iron ore."

by RTTNews Staff Writer

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