Rio Tinto has entered into definitive agreements with GravitHy to accelerate a steel decarbonisation project in France.
The leading mining company will supply high-grade direct reduction iron ore pellets from its Iron Ore Company of Canada (IOC) operations to GravitHy’s planned operation, as well as manage the sales and marketing of ultra-low carbon Hot Briquetted Iron (HBI) GravitHy produces.
GravitHy’s proposed two million tonnes per year iron production facility at Fos-sur-Mer, France, aims to be commissioned in 2028.
The facility, located next to a deep seaport, will feature low carbon hydrogen production infrastructure, powered by existing grid-connected nuclear power, to process direct reduction pellets into HBI.
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