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Share Name Share Symbol Market Type Share ISIN Share Description
Rio Tinto Plc LSE:RIO London Ordinary Share GB0007188757 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  28.50 0.6% 4,810.00 4,808.50 4,810.00 4,819.00 4,672.00 4,720.00 1,067,116 13:19:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 46,952.8 22,800.2 0.0 - 60,404

Rio Tinto Seeking Proposals to Develop Wind, Solar Power in Australia

08/06/2022 11:55pm

Dow Jones News


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au 

By Denny Jacob

 

Rio Tinto Plc said Wednesday it has called for proposals to develop large-scale wind and solar power in Australia's Central and Southern Queensland.

The metals heavyweight said the proposals would power its aluminum assets, help meet its climate change ambitions and further encourage renewable development and industry in the region.

These proposals are intended to support renewable-energy projects that can start supplying power to Rio Tinto's Gladstone assets through the Queensland grid by 2030, the company said.

"It is early in the process, but this is an important step toward 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," Rio Tinto Aluminium Chief Executive Ivan Vella said in prepared remarks.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

June 08, 2022 18:40 ET (22:40 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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