Mitsubishi: Mitsubishi Corporation to Participate in Demonstration Project for New Hydrogen-Based Ironmaking

Mitsubishi Corporation ("MC") has agreed to participate in a demonstration project ("the Project") for the development of a hydrogen-based fluidized bed fine ore reduction process ("HYFOR") and electric smelting furnace ("Smelter") as a strategic partner of Primetals Technologies ("Primetals"), along with Rio Tinto and voestalpine.