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Calix and Rio Tinto Forge $35M Pact to Decarbonise Steel with Zesty Tech

8:41am on Monday 17th of November, 2025 AEDT Materials
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Calix and Rio Tinto Forge $35M Pact to Decarbonise Steel with Zesty Tech

8:41am on Monday 17th of November, 2025 AEDT
Key Points
  • Joint Development Agreement with Rio Tinto valued over $35 million
  • Zesty Demonstration Plant to produce up to 30,000 tonnes of green iron annually
  • Rio Tinto to provide $8 million cash plus significant in-kind support
  • Project supported by $44.9 million ARENA grant contingent on matched funding
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