RIO Jun 2024 42.500 put
| Previous close | 0.5500 |
| Open | 0.5500 |
| Bid | 0.0000 |
| Ask | 0.7500 |
| Strike | 42.50 |
| Expiry date | 2024-06-21 |
| Day's range | 0.5500 - 0.5500 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
BenzingaRio Tinto Invests $143M in Low-Emission Steel Research And Development
Mining leader Rio Tinto (NYSE:RIO) has announced a $143 million (A$215 million) investment to establish a new research and development facility in Western Australia dedicated to low-emission steelmaking. The facility will focus on advancing the BioIron™ process, an innovative ironmaking technology that uses biomass instead of coal. "The world needs low-carbon steel to reach net zero, and we are working to make this a reality by finding better ways to turn our Pilbara ores into steel," said Simon
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Business WireRio Tinto to develop BioIron™ R&D facility in Western Australia to test low-carbon steelmaking
PERTH, Australia, June 04, 2024--Rio Tinto will invest US$143 million (A$215 million) to develop a research and development facility in Western Australia to further assess the effectiveness of its low-carbon ironmaking process, BioIronTM, to support decarbonising the global steel value chain.
