22/12/2024
Mining News

Rio Tinto to supply iron ore for GravitHy’s low-carbon steel project in France

Rio Tinto’s agreement to supply iron ore pellets for GravitHy’s sustainable ironmaking project in France is a significant step toward reducing the carbon footprint of steel production. The collaboration centers on GravitHy’s plans to use hydrogen-based processes, specifically through direct reduction iron (DRI), to produce low-carbon hot briquetted iron (HBI). This method offers a substantial reduction in CO2 emissions—over 90% compared to traditional blast furnace-based processes, aligning with global efforts to decarbonize heavy industries like steelmaking.

GravitHy’s planned facility in Fos-sur-Mer, France, will produce up to two million tonnes of HBI annually, leveraging nuclear power to generate hydrogen for the DRI process. This use of grid-connected nuclear power helps mitigate emissions compared to traditional natural gas-based hydrogen production. The French government has recognized the project’s potential, designating it as an “Industrial Project of Major National Interest.”

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Rio Tinto’s involvement underscores its commitment to reducing its own Scope 3 emissions, which are emissions generated from the use of its products (in this case, iron ore pellets) in downstream industries like steelmaking. The agreement also positions Rio Tinto’s high-grade iron ore as a key feedstock for the emerging low-carbon steel industry, with potential long-term benefits for both companies in creating a more sustainable steel value chain.

The partnership represents a promising synergy between Rio Tinto’s mining expertise and GravitHy’s innovative approach to steel decarbonisation, with the project slated to be commissioned in 2028.

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