Canada funds Rio Tinto IOC’s decarbonization efforts

The Government of Canada has awarded Rio Tinto Iron Ore Company of Canada (IOC) C$18.1 million to support the decarbonization of iron ore processing at its operations in Labrador West. Canada’s contribution represents approximately 25% of the total cost of the project, with IOC funding the remainder of the investment. “Rio Tinto IOC has a plan to decarbonize and continue…

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