Rio Tinto and GravitHy Partner to Accelerate Steel Decarbonisation in Europe
11/15/24, 8:04 AM
Location
londonIndustry
mining
Type
partnership
Rio Tinto has entered into definitive agreements with GravitHy, an early-stage industrial company, to accelerate GravitHy’s steel decarbonisation project in France. Rio Tinto will supply high-grade direct reduction iron ore pellets and manage the sales and marketing of ultra-low carbon Hot Briquetted Iron (HBI) GravitHy produces. GravitHy's proposed two million tonnes per year iron production facility at Fos-sur-Mer, France, is planned to be commissioned in 2028, featuring ultra-low carbon hydrogen production infrastructure powered by grid-connected nuclear power.
Company Info
Location
london, england, united kingdom
Additional Info
Rio Tinto PLC ADR is a leading global mining and metals company with a diverse portfolio of high-quality assets across commodities. The company has a strong focus on sustainable and responsible mining practices, and it is committed to delivering value from its operations while contributing to the well-being of the communities in which it operates.