Rio Tinto, China’s Shougang signal settlement on inexperienced metal

Anglo-Australian miner Rio Tinto has reached a memorandum of understanding (MoU) with China’s metal producer Shougang Group to discover low-carbon options for the metal trade.

The duo will promote analysis, design and deployment of decarbonisation instruments for the metal worth chain.

Below the MoU, Rio Tinto and Shougang will deal with blast furnace (BF) and primary oxygen furnace (BOF) optimisation, low-carbon sintering expertise, and carbon seize and utilisation (CCU).

Rio Tinto stated in a press release: “This partnership with Shougang underlines Rio Tinto’s strategic dedication to companion with clients on metal decarbonisation pathways and to put money into applied sciences that might ship reductions in steelmaking carbon depth.”

The companions will initially deal with BF slag warmth restoration, BOF slag utilisation, CCU and low-carbon sintering expertise.

They are going to use their respective capabilities in applied sciences, analysis and growth, tools, processes, logistics and trade coordination to assist scale back carbon emissions and the impacts of worldwide local weather change.

The most recent settlement builds on the virtually three-decade-long commerce and technical companion relationship between Rio Tinto and Shougang.

Rio Tinto chief industrial officer Alf Barrios highlighted that metal is an important materials for low-carbon infrastructure and financial development.

Barrios added: “We’re delighted to have the ability to prolong our partnership with Shougang to collectively work in the direction of our shared imaginative and prescient of a ‘greener’ metal worth chain.”

Shougang vice-president Wang Jianwei stated: “Inexperienced and low-carbon transition and upgrading is the one manner for high-quality and sustainable growth of the metal trade.

“The cooperation between Shougang Group and Rio Tinto Group to develop low-carbon generic applied sciences for the metal sector and discover decarbonisation options is a optimistic transfer for each side to cooperate and promote low-carbon expertise innovation.”

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