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Tata Steel and British-Australian mining major Rio Tinto have signed a licensing agreement for the technological and commercial development of the environmentally friendly direct iron smelting process called HIsarna. The agreement covers how the partners will operate together and share their existing knowledge of the two technologies that are used in the new process. It also decides how benefits from future marketing of the technology will be made available to both parties, as well as to other bodies involved in its development. Funded jointly by ULCOS, the European Commission and the Dutch Ministry of Economic Affairs, a 60,000 tonnes a year HIsarna pilot plant is being commissioned at Tata Steel's IJmuiden steelworks in the Netherlands.
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