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Rio Tinto agrees power deal for Iceland smelter

The company has agreed a new power purchase agreement with utility Landsvirkjun for its ISAL aluminium smelter and has withdrawn a complaint filed with the Icelandic Competition Authority, ICA, in July 2020 regarding the energy supply for the plant.

Andre Lamberti
Rio Tinto's ISAL aluminium smelter at Straumsvík, near Hafnarfjörður in Iceland

Rio Tinto's ISAL aluminium smelter at Straumsvík, near Hafnarfjörður in Iceland

The utility said in a statement the companies agreed on amending the PPA dating back to 2010, "thereby allowing the Straumsvik aluminum smelter to continue operating with a stronger competitive position"....

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