Everything Mining Industry Country Focus How to Guide
Intelligence on industry and mining

New deal makes Rio Tinto Australia’s biggest renewable energy buyer

Mining group Rio Tinto has signed Australia’s biggest renewable energy power purchase agreement (PPA) to supply its Gladstone operations in Queensland, agreeing to buy the majority of electricity from the planned 1.4 GW Bungaban wind project developed by Andrew Forrest’s Windlab. The agreement, which follows an announcement last month of a PPA for the Upper Calliope solar farm in Queensland, will make Rio Tinto the biggest industrial buyer of renewable power in Australia. It is also a key step in the work to repower the company’s Gladstone production assets, including the Boyne aluminium smelter, Yarwun alumina refinery and Queensland Alumina refinery.

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register