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The Sunshine state has turbo-charged its transition towards renewable energy, providing a compelling case study for other states
In an effort to decarbonize its operations in Gladstone and meet its emission reduction targets, Rio Tinto has announced two major renewable power contracts. These renewable projects are a solar farm with a capacity of 1.1GW and a wind energy project of 1.4GW. Rio Tinto aims to reduce its carbon emissions by half by 2030 and achieve net-zero emissions by 2050. With the two projects, Rio Tinto is set to become Australia's largest renewable energy buyer and make a significant impact on regional economic and sustainable environmental development. The company's global decarbonization inv...
Mining giant Rio Tinto said that commodity price movements led to a $1.5bn hit to underlying profits in 2023, though results were partly offset by a stronger US dollar and lower energy prices.
Rio Tinto plc (LON:RIO) signs Australia's largest renewable power purchase agreement for Gladstone operations, boosting sustainability and reducing carbon emissions.
Rio Tinto PLC on Wednesday said it has signed Australia's biggest renewable power deal in order to supply its Gladstone operations in Queensland. The Anglo-Australian miner said it will buy the...