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Rio Tinto becomes Oz’ biggest industrial buyer of renewable power

A new deal to power its aluminum factories is part of wider strategy to underwrite renewable energy projects in Queensland and reduce its emissions.

Dan Purves Wed, 21 Feb 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Rio Tinto, the A$47.5 billion ASX-listed mining behemoth, will become the biggest industrial buyer of renewable energy in Australia following a 25-year deal with Windlab to buy 80% of the electricity produced at the planned 1.4GW Bungaban wind energy project.

This follows a similar deal, announced

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Dan Purves Wed, 21 Feb 2024
Contact the Writer: dpurves@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Rio Tinto becomes Oz’ biggest industrial buyer of renewable power
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