Shougang Group and Rio Tinto to explore low-carbon steel solutions
Anglo-Australian miner Rio Tinto has signed a memorandum of understanding (MOU) with Chinese steel producer, Shougang Group, to explore low-carbon solutions for the steel industry.
Both companies will promote research, design and deployment of decarbonization tools for the steel value chain.
Under the MOU, Rio Tinto and Shougang will focus on blast furnace (BF) and basic oxygen furnace (BOF) optimisation, low-carbon sintering technology, and carbon capture and utilisation (CCU).
Rio Tinto said in a statement: “This partnership with Shougang underlines Rio Tinto’s strategic commitment to partner with customers on steel decarbonization pathways and to invest in technologies that could deliver reductions in steelmaking carbon intensity.”
Read more from Steel Times International
Date posted 29/09/2022
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