Global mining giant Rio Tinto has new plans to decarbonise some of its Australian operations using wind and solar power. To this end, it will allocate some 7.5 billion Australian dollars (4.8 billion euros) to decarbonise Rio Tinto’s assets between 2022 and 2030.
The multinational outlines a plan for 6GW of renewable energy in Australia. It intends to electrify its entire Pilbara system, including all trucks, mobile equipment and rail operations. It intends to electrify its entire system, including all trucks, mobile equipment and rail operations.
In particular, it will focus on renewable energy for iron ore in the Pilbara and for Australian aluminium smelters, with an investment of $500 million a year until 2024. The decarbonisation of its iron ore operations in the Pilbara region of Western Australia will be accelerated with the aim of rapidly deploying 1GW of wind and solar power.
In this way, Rio Tinto will achieve a reduction of about 1 million tonnes of CO2, replacing natural gas power for the plant and infrastructure and supporting the early electrification of mining equipment.