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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

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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Rio Tinto becomes Oz’ biggest industrial buyer of renewable power
Australia,
102823
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