Rio Tinto share price gains lag BHP despite green steel deal

The Rio Tinto Limited (ASX: RIO) share price is climbing today after the company announced a low-carbon deal last night.

At the time of writing, shares in the world’s second-largest miner are up 2.75% to $119.76.

However, its share price gains are being eclipsed by peer BHP Group Ltd (ASX: BHP). BHP is trading 3.11% higher at $47.74.

In contrast, the broader S&P/ASX 200 Resources (ASX: XJR) sector is also rebounding in lunchtime trade, up 2.5% to 6,158.9 points.