RE:RIO $1.5 billion to decarbonise our assets from 2022 to 2024What was strangely missing was any mention of plasma...they did mention elysis, you know the guys owned by Rio tinto with the ceramic anodes...oops..
Here you forgot to share this part....
Climate change, product stewardship and our value chain
We progressed initiatives in the second quarter working to decarbonise our business and actively develop
technologies to decarbonise our value chains.
• We continued extensive planning and study work to identify preferred locations for wind and solar
energy developments to be integrated into our Pilbara microgrid. We are progressing detailed
planning for further engineering, environmental and heritage studies on these sites, with a particular
focus on our proposed solar farm of around 100MW near Karratha, one of the initial sites within our
1GW programme. We continue to engage with the Western Australian Government, Traditional
Owners and other stakeholders.
• On 6 May, we announced we had produced a first batch of high purity scandium oxide at our Rio
Tinto Fer et Titane commercial scale demonstration plant in Sorel-Tracy, becoming the first North
American producer of this critical mineral, which is notably used in solid oxide fuel cells and in
aluminium alloys.
• On 11 May, we announced we had started producing tellurium at our Kennecott copper operation in
Utah, becoming one of only two United States producers of the critical mineral used in advanced thin
film photovoltaic solar panels.
• On 12 May, we announced eight technology innovators’ submissions have been selected to
progress beyond the Charge On Innovation Challenge. The global challenge, launched by BHP, Rio
Tinto and Vale, seeks to accelerate commercialisation of effective solutions for charging large
electric haul trucks while simultaneously demonstrating there is an emerging market for these
solutions in mining. The winners are collaborating with interested mining companies, Original
Equipment Manufacturers and investors to accelerate the technology development to support the
future roll-out of zero-emissions fleets.
• On 23 May, we announced a one-year biofuel trial with bp to help reduce carbon emissions from Rio
Tinto’s marine fleet. Under the trial, bp is supplying Rio Tinto with marine biofuel for approximately
12 months. The fuel will be trialled on Rio Tinto’s RTM Tasman vessel on a mix of Transatlantic and
Atlantic-Pacific routes, in one of the longest-duration marine biofuel trials to date. The results of the
trial will help Rio Tinto study ways to reduce its carbon emissions from its marine fleet and inform its
future biofuel strategy.
• On 7 June, we announced a Memorandum of Understanding (MOU) with Salzgitter to work together
towards carbon-free steelmaking. Under the MOU, Rio Tinto and Salzgitter will explore optimisation
of iron ore pellets, lump and fines for use in hydrogen direct reduction steelmaking. The companies
will also explore the potential for greenhouse gas emission certification across the steel value chain.
• On 8 June, we announced a call for proposals to develop large-scale wind and solar power in
Central and Southern Queensland to power our aluminium assets, help meet our climate change
ambitions and further encourage renewable development and industry in the region. We are looking
for up to 4GW of renewable energy to support the repowering of our aluminium assets in Gladstone.
This is an outcome of the Statement of Cooperation signed with the Queensland Government in
October 2021.
• On 9 June, we announced a strategic equity investment of $10 million in Nano One - a clean
technology innovator in battery materials. This partnership and funding will accelerate Nano One’s
multi-cathode commercialisation strategy and support cathode active materials manufacturing in
Canada for a cleaner and more efficient battery supply chain for North American and overseas
markets.
• On 29 June, we announced in partnership with Corona Canada, the launch of Canada’s first
specially-marked, low carbon beverage can, manufactured by Ball Corporation. The cans, now
available through a pilot in Ontario, were made using aluminium from Rio Tinto and leveraging
ELYSISTM technology. As part of this limited release, 1.2 million cans were produced with a QR code
to inspire consumers to learn more about the cans’ low carbon footprint.
developbc wrote: @BlAst Rio Tinto Q2:
Capital expenditure for 2023 and 2024 is still expected to be between $9.0 and $10.0 billion annually, which includes the ambition to invest up to $3.0 billion in growth per year, depending on opportunities. The guidance includes cumulative investment of $1.5 billion to decarbonise our assets from 2022 to 2024.
Still has money ear marked for carbon