Rio Tinto and Edify Energy have signed two new solar and battery hybrid services agreements to enhance the supply of reliable, competitively priced electricity to Rio Tinto’s Gladstone aluminum operations in Queensland. Under these agreements, Rio Tinto will purchase 90% of the power and battery storage capacity generated by the Smoky Creek & Guthrie’s Gap Solar Power Stations for 20 years. This long-term commitment secures a significant portion of its energy needs.
Edify Energy will be responsible for building, owning, and operating these projects, with construction slated to begin in late 2025. This initiative is a crucial step in decarbonizing Rio Tinto's integrated aluminum value chain, aligning with its ambitious sustainability targets. The shift to renewable energy sources will reduce the carbon footprint of its aluminum production.
Securing a 20-year supply of renewable energy at competitive prices provides long-term operational stability and cost predictability for the Gladstone operations. This strategic investment in clean energy infrastructure enhances Rio Tinto's competitive advantage in the green metals market. It demonstrates a tangible commitment to sustainable mining practices and energy transition.
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