Rio Tinto to invest $215 million in BioIron facility
Miner and maufacturer Rio Tinto will invest $215 million (US$143 million) to develop a research and development facility in Western Australia to assess the effectiveness of its low-carbon ironmaking process, BioIron, to support decarbonising the global steel value chain. The development of the BioIron Research and Development Facility in the Rockingham Strategic Industrial Area south…