It has partnered with German steel group SHS-Stahl-Holding-Saar and engineering group Paul Wurth for potential industrial scale low-carbon iron production in Canada.
The world's no. 1 miner rewarded investors with a record $5.1bn first-half dividend and forecasted a “very constructive” outlook for the commodities market fundamentals.
The pioneering project is led by the Camborne School of Mines with the Institute for Data Science and Artificial Intelligence at the University of Exeter.