POWER

Rio looks to renewables to power projects

Rio Tinto is targeting a 50% reduction in its Scope 1 and Scope 2 carbon emissions by 2030

Rio Tinto will use renewable sources to power Gladstone assets.

Rio Tinto will use renewable sources to power Gladstone assets.

Rio Tinto has asked for proposals on renewable energy projects to power its aluminium projects in Queensland, Australia to supply power by 2030, Rio Tinto said.

The miner is looking to wind and solar power to provide electricity for its Boyne smelter, Yanwun alumina refinery, and Queensland alumina refinery, all located in the Gladstone region of Queensland.

The projects will need to produce 1140 MW of power for the assets.

 "It is early in the process, but this is an important step towards meeting both our Group climate change target of halving our emissions by the end of the decade and our commitment to net zero emissions by 2050," chief executive Ivan Vella said.

Rio Tinto is targeting a 50% reduction in its Scope 1 and Scope 2 carbon emissions by 2030.

The company also signed a cooperation agreement with the government of Queensland in October 2021 to make the Australian state "an industrial and renewable energy powerhouse."

The plan is for the government to work with industry to build renewable energy plants more quickly.

"As Queensland's largest energy user and a major Gladstone employer and manufacturer, Rio Tinto is uniquely positioned to work with the Queensland Government to deliver this vision," Vella said.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production