Rio Tinto collaborates with GravitHy for steel decarbonization project in France
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Update time : 2024-11-20 19:03:31
Global mining company Rio Tinto has inked definitive agreements with GravitHy, an early-stage industrial company, to help GravitHy’s steel decarbonization project in France.
Under the deal, Rio Tinto will supply high-grade direct reduced iron (DRI) ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy’s planned operations and manage the sales and marketing of ultra-low carbon hot briquetted iron (HBI) GravitHy production.
GravitHy planned to develop its 2 million tons per year HBI facility in Fos-sur-Mer, France, where it intended to use grid-connected nuclear power to produce hydrogen and process DRI pellets into HBI. This process is likely to reduce the CO2 emissions related to ironmaking by more than 90%.
The facility was expected to be commissioned in 2028.
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