Rio Tinto: Marseille-based GravitHy secures 60M to advance low-carbon iron production and steel decarbonisation

Marseille-based GravitHy, a sustainable iron company, has completed a €60M funding round. The investment attracted new backers, including Japan Hydrogen Fund, Marcegaglia, Ecolab (through Nalco Dutch Holding), Rio Tinto, and Siemens. Existing investors Engie New Ventures and InnoEnergy also contributed additional funding. Keiichi Suzuki, Japan Hydrogen Fund's Partner and Head of Renewables & Sustainability, says, ... Read more