Mining giant working with China on steel emissions

Mining behemoth Rio Tinto announced a new partnership with China Baowu Steel Group, which is China's largest steel producer, and Tsinghua University on making production more climate-friendly.

Driving the news: Rio Tinto said Wednesday that the parties will work together on "identifying a pathway to support the goal of reducing carbon emissions across the entire steel value chain."

Why it matters: The company, citing World Steel Association data, said the entirety of steel development is responsible for 7%–9% of global CO2 emissions.

• Let's see what actually comes out of it, but overall, it's a sign of efforts to address industrial emissions, which get less attention than power plants and cars and are often tricky to tackle.

Go deeper:

• Rio Tinto ties up with China’s steelmaker Baowu to cut emissions
• The overlooked climate impact of industrial emissions