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Rio Tinto advances climate partnership with China Baowu Steel with US$10 million investment

Rio Tinto advances climate partnership with China Baowu Steel with US$10 million investment

12/16/20, 7:59 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgmelbourne
Money raised
$10 million
Rio Tinto has committed to invest $10 million with the world’s largest steel producer China Baowu Steel Group over the next two years in low-carbon steelmaking projects and research. This investment is the next step in advancing the partnership formed between Rio Tinto, China Baowu and Tsinghua University in 2019 to develop and implement new methods to reduce carbon emissions and improve environmental performance across the steel value chain.

Company Info

Company
Rio Tinto
Location
melbourne, florida, united states
Additional Info
Rio Tinto produces materials that are essential to human progress. We have publicly acknowledged the reality of climate change for over two decades and have reduced our emissions footprint by over 30 per cent in the decade to 2020.

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