Rio Tinto and Shougang have signed a Memorandum of Understanding to promote research, design and implementation of low-carbon solutions for the steel value chain. The MoU’s focus areas include low-carbon sintering technology, blast furnace and basic oxygen furnace optimization, and carbon capture and utilization. This partnership with Shougang underlines Rio Tinto’s strategic commitment to partner with customers on steel Decarbonisation pathways and to invest in technologies that could deliver reductions in steelmaking carbon intensity.Initial efforts will be focused on, but not limited to, BF slag heat recovery, BOF slag utilization, CCU and low-carbon sintering technology.The MoU builds on the nearly 30-year relationship between Rio Tinto and Shougang as trade and technical partners. The two companies will work together, leveraging their respective strengths in research and development, technologies, processes, equipment, logistics and industry coordination to support their shared objectives of limiting the impacts of global climate change and reducing carbon emissions.Founded in 1919, Shougang Group is one of China’s oldest industrial enterprises. In China’s 14th Five-Year Plan period (2021-2025), Shougang has committed to accelerating the adoption of innovative solutions to contributing to China’s duo carbon goals. The company has identified four areas of focus, including process optimization and energy efficiency improvement, clean energy and CCUS technology development, recycling and green product development, and low-carbon cross-sector partnership development.
Rio Tinto and Shougang have signed a Memorandum of Understanding to promote research, design and implementation of low-carbon solutions for the steel value chain. The MoU’s focus areas include low-carbon sintering technology, blast furnace and basic oxygen furnace optimization, and carbon capture and utilization. This partnership with Shougang underlines Rio Tinto’s strategic commitment to partner with customers on steel Decarbonisation pathways and to invest in technologies that could deliver reductions in steelmaking carbon intensity.Initial efforts will be focused on, but not limited to, BF slag heat recovery, BOF slag utilization, CCU and low-carbon sintering technology.The MoU builds on the nearly 30-year relationship between Rio Tinto and Shougang as trade and technical partners. The two companies will work together, leveraging their respective strengths in research and development, technologies, processes, equipment, logistics and industry coordination to support their shared objectives of limiting the impacts of global climate change and reducing carbon emissions.Founded in 1919, Shougang Group is one of China’s oldest industrial enterprises. In China’s 14th Five-Year Plan period (2021-2025), Shougang has committed to accelerating the adoption of innovative solutions to contributing to China’s duo carbon goals. The company has identified four areas of focus, including process optimization and energy efficiency improvement, clean energy and CCUS technology development, recycling and green product development, and low-carbon cross-sector partnership development.
