{"id":4752,"date":"2025-11-18T13:40:34","date_gmt":"2025-11-18T13:40:34","guid":{"rendered":"https:\/\/thetradingdictionary.com\/index.php\/2025\/11\/18\/rio-tinto-and-calix-to-partner-on-zero-emissions-steel-technology-plant\/"},"modified":"2025-11-18T13:40:34","modified_gmt":"2025-11-18T13:40:34","slug":"rio-tinto-and-calix-to-partner-on-zero-emissions-steel-technology-plant","status":"publish","type":"post","link":"https:\/\/thetradingdictionary.com\/index.php\/2025\/11\/18\/rio-tinto-and-calix-to-partner-on-zero-emissions-steel-technology-plant\/","title":{"rendered":"Rio Tinto and Calix to Partner on Zero Emissions Steel Technology Plant"},"content":{"rendered":"<\/p>\n<p><strong>Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO)  said on Monday (November 17) that it has signed a joint development agreement with environmental technology company Calix (NYSE:CALX,ASX:CXL) to develop Calix\u2019s Zero Emissions Steel Technology (Zesty) green iron demonstration plant in Western Australia.<\/strong><\/p>\n<p>If approved, the plant will be built at a site in Kwinana, south of Perth, that was previously earmarked for Rio Tinto\u2019s BioIron research and development facility and associated pilot plant.<\/p>\n<p>Under the deal with Calix, Rio Tinto will invest more than AU$35 million, pending project milestones. Funding from the mining giant will include both in-kind and financial contributions. <\/p>\n<p>The plant received AU$44.9 million in Australian Renewable Energy Agency support in July.<\/p>\n<\/p>\n<p>Rio Tinto&#8217;s work will include helping Calix reach a final investment decision through technical support, engineering services and advocacy. Subject to a final investment decision and successful project construction, Rio Tinto will provide up to 10,000 tonnes of various Pilbara iron ores for plant commissioning and the initial testing phase. <\/p>\n<p>The miner will also provide introductions to potential customers for downstream use of the Zesty product.<\/p>\n<p>\u201cThe world needs low-emissions steel if it is going to decarbonise, and we continue to look at a range of ways Pilbara iron ores can help to do this as new technologies emerge,\u201d said Rio Tinto Iron Ore Chief Executive Matthew Holcz.<\/p>\n<p>He added that Rio Tinto will keep progressing BioIron with its partners, the University of Nottingham and Metso. However, the company has decided that the current furnace design requires additional development.<\/p>\n<p><span><\/span>\u201cBoth projects are part of our work to reduce emissions and support the future of iron ore in Australia and the communities that depend on it,&#8217; Holcz added, referring to Zesty and BioIron. <\/p>\n<p><em><\/em><strong>Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) said on Monday (November 17) that it has signed a joint development agreement with environmental technology company Calix (NYSE:CALX,ASX:CXL) to develop Calix\u2019s Zero Emissions Steel Technology (Zesty) green iron demonstration plant in Western Australia. If approved, the plant will be built at a site in Kwinana, south of Perth, that was previously&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4752","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/4752","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=4752"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/4752\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/4753"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=4752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=4752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=4752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}