Rio Tinto to Invest $23M in Calix’s Low-Emission Steel Project

Rio Tinto to invest $23M in Calix’s low-emission steel project

'World needs low-emissions steel': Rio pivots with new deal - Mining Magazine Australia

Image: Shutterstock.Rio Tinto has signed a joint development agreement with Australian tech firm Calix, investing more than $35 million to build a green iron demonstration plant in Kwinana. The facility will replace a site previously earmarked for Rio’s own BioIron pilot. The plant will utilise Calix’s Zesty (Zero Emissions Steel Technology) process, viewed as a critical breakthrough for the sector because it uses electric heating and hydrogen t…

Global mining giant makes $35m bet on Australian green steel technology

Mining giant pledges more than $35 million towards the development of a demonstration plant for NSW-originated zero emissions steel technology.

Rio Tinto and Calix to Partner on Zero Emissions Steel Technology Plant

Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) said on Monday (November 17) that it has signed a joint development agreement with environmental technology company Calix (NYSE:CALX,ASX:CXL) to develop Calix’s Zero Emissions Steel Technology (Zesty) green iron demonstration plant in Western Australia.If approved, the plant will be built at a site in Kwinana, south of Perth, that was previously earmarked for Rio Tinto’s BioIron research and development facil…

Rio Tinto Invests $23 Million in Green Iron Plant, Pauses “BioIron” Project

Global mining and metals company Rio Tinto announced today an agreement with Australian environmental technology company Calix, including a commitment to invest more than A$35 million (USD$23 million) to support the construction of a new green iron demonstration plant that uses electric heating and hydrogen reduction to help decarbonize steelmaking. Alongside the new agreement, Rio […]

Rio Tinto and Calix Partner on Low-Emissions Steel Making

Rio Tinto signing a Joint Development Agreement (JDA) with Australian cleantech firm Calix to develop a “Zero Emissions Steel Technology”.