Rio Tinto plans to develop larger low-carbon iron-making plant 

Friday, 25 November 2022 15:06:12 (GMT+3)   |   Istanbul
       

Australia-based miner Rio Tinto has announced that it plans to develop a larger-scale pilot plant for low-carbon iron-making to further assess its potential to help decarbonize the steel value chain, after a small-scale pilot plant in Germany proved the effectiveness of its low-carbon iron-making process using ores from its mines in Australia.

The plant will have a capacity of one mt per hour. The designing of the pilot plant is underway and the company is considering suitable locations for its construction. 

The process, known as BioIron™, uses raw biomass instead of metallurgical coal as a reductant and microwave energy to convert Pilbara iron ore to metallic iron in the steelmaking process. BioIron has the potential to support near-zero carbon steel-making, and can result in net negative emissions if linked with carbon capture and storage.


Similar articles

Brazilian high-grade iron price increases

26 Apr | Scrap & Raw Materials

Daily iron ore prices CFR China - April 26, 2024

26 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China - Apr 26, 2024

26 Apr | Longs and Billet

Kumba Iron Ore’s output and sales down in Q1

26 Apr | Steel News

Net profit declines at Vale in Q1 2024

25 Apr | Steel News

Iron ore imports to Mexico grow 110 percent in February

25 Apr | Steel News

Iron ore prices edge up week on week, further movement awaited after May Day holiday

25 Apr | Scrap & Raw Materials

Major steel and raw material futures prices in China – Apr 25, 2024 

25 Apr | Longs and Billet

Fortescue posts record monthly iron ore shipments in March

25 Apr | Steel News

Daily iron ore prices CFR China - April 24, 2024

24 Apr | Scrap & Raw Materials