# China Baowu x Rio Tinto (Steel Decarbonisation): partnership

Canonical ID: `4551b770-de9d-4f4b-8c55-29c5e9e07026`

China Baowu and Rio Tinto signed a Memorandum of Understanding to jointly advance decarbonisation projects across the steel value chain. The companies have collaborated for over 50 years and progressed a multi-phase decarbonisation partnership since 2020 including industrial-scale pelletisation and direct reduction trials.

- **Type:** development
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [China Baowu Steel Group](https://registry.deploy.report/companies/baowu-steel.md) co developer
- Rio Tinto _(off-registry)_ co developer

## Timeline

- **Announced:** 2023-06-12

## Sources (1)

1. https://www.riotinto.com/en/news/releases/2023/china-baowu-and-rio-tinto-extend-climate-partnership-to-decarbonise-the-steel-value-chain


_API: GET /v1/partnerships/china-baowu-x-rio-tinto-steel-decarbonisation · canonical URL: /partnerships/china-baowu-x-rio-tinto-steel-decarbonisation_