Rio Tinto Invests $200M in BioIron Tech to Cut Carbon Emissions in Pilbara 🚀

Mining giant Rio Tinto will spend more than $200 million to test a product it claims would almost completely remove carbon dioxide emissions from the manufacture of steel from its iron ore. The company will set up a research and development centre in Perth's south, but the challenge will be producing it on an industrial scale and keeping the costs affordable.