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Rio Tinto to establish $143 mln center to test low-carbon iron-making procedure

Rio Tinto will spend $ 143 million to establish a research study and advancement center in Western Australia to evaluate the efficiency of its lowcarbon ironmaking procedure, the mining giant said on Tuesday.

The procedure, BioIron, utilizes raw biomass and microwave energy rather of coal to transform iron ore to metallic iron, and has potential to reduce carbon emissions by as much as 95% compared to the current blast heater method, according to Rio.

The facility will include a pilot plant and supply the required information to assess further scaling of the innovation to a. larger presentation plant.

Fabrication of the equipment will begin this year, with. commissioning anticipated in 2026, the business said.

The center even more shows the business's commitment. to supporting and allowing the decarbonisation of the steel. market, Rio Tinto Iron Ore President Simon Trott said.

Previously this year, Rio and competing BHP Group signed up with. with BlueScope Steel, Australia's largest steelmaker,. to reveal a pilot green iron job to help cut emissions. for steelmakers who count on Australian iron ore.