Rio Tinto eyes 6GW of solar as well as wind as part of decarbonisation press

Oct 20, 2021 05:00 PM ET
  • Mining business Rio Tinto is wanting to release an additional 6GW of solar as well as wind in Australia as part of a new strategy to reduce its carbon exhausts by 50% by 2030.
Rio Tinto eyes 6GW of solar as well as wind as part of decarbonisation press
Image: Rio Tinto

The decarbonisation initiative will see Rio change its Boyne Island and Tomago aluminium smelters to renewables, needing around 5GW of solar as well as wind in addition to "a durable firming remedy".

In the Pilbara area of Western Australia, where Rio owns 16 iron ore mines and is presently building a solar-plus-storage project, the firm is also targeting the "rapid deployment" of 1GW of extra solar as well as wind generation, replacing gas power and also sustaining the very early electrification of mining equipment.

Full electrification of the company's Pilbara procedures, consisting of all vehicles, mobile tools and rail operations, will certainly require further gigawatt-scale sustainable implementation and breakthroughs in fleet modern technologies.

Rio Tinto is going for a 50% reduction in scope 1 as well as 2 discharges by 2030, more than tripling its previous goal, and a 15% reduction by 2025 from a 2018 baseline-- targets that will certainly call for a financial investment of around US$ 7.5 billion.

"We have a clear path to decarbonise our service and also are actively establishing technologies that will certainly enable our consumers and also our clients' consumers to decarbonise," stated Rio Tinto CEO Jakob Stausholm.

Having introduced a passion last year to reach web absolutely no discharges by 2050, Rio Tinto's renewables development has actually seen it disclose strategies to build a 4MW solar farm coupled with 4MW/4MWh of battery storage space at an off-grid bauxite mine in Queensland.

One of the business's mines in Madagascar, meanwhile, will certainly feature a hybrid installation including 8MW of solar, 12MW of onshore wind as well as a battery power storage space system.

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