Rio Tinto Welcomes Tomago Aluminium's 10-Year Power Purchase Agreement, Securing 100% Renewable Electricity Supply From 2033 Through 2038
Tomago Aluminium is an independently managed joint venture owned by Rio Tinto (51.55 per cent), Gove Aluminium Finance Ltd (36.05 per cent) and Norsk Hydro (12.4 per cent).
Tomago Aluminium locked in a long-term deal to use clean, renewable energy starting in 2033, which helps Rio Tinto meet its environmental goals. This shows the company is planning ahead to use less polluting power, which investors often view as a sign of a responsible, forward-thinking business.
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