By Denny Jacob

 

Rio Tinto Plc said Wednesday it has called for proposals to develop large-scale wind and solar power in Australia's Central and Southern Queensland.

The metals heavyweight said the proposals would power its aluminum assets, help meet its climate change ambitions and further encourage renewable development and industry in the region.

These proposals are intended to support renewable-energy projects that can start supplying power to Rio Tinto's Gladstone assets through the Queensland grid by 2030, the company said.

"It is early in the process, but this is an important step toward meeting both our Group climate change target of halving our emissions by the end of the decade and our commitment to net zero emissions by 2050," Rio Tinto Aluminium Chief Executive Ivan Vella said in prepared remarks.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

June 08, 2022 18:46 ET (22:46 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Rio Tinto (LSE:RIO)
Historical Stock Chart
From Jul 2022 to Aug 2022 Click Here for more Rio Tinto Charts.
Rio Tinto (LSE:RIO)
Historical Stock Chart
From Aug 2021 to Aug 2022 Click Here for more Rio Tinto Charts.