Rio Tinto (Investment)

Funding Details
Awarder
RSS - climateinsider.com
Date Award
May 19, 2025
Vertical
Energy
Funding URL
View Funding Page

Company Info
Traction
Rio Tinto operates seven hydroelectric facilities in Quebec and British Columbia, producing some of the lowest carbon aluminum in the world.
Company Description
Rio Tinto is investing US$1.2 billion to modernize its Isle-Maligne hydroelectric power plant in Alma, Quebec, which provides low-carbon power to its aluminum smelters in the region. This investment is aimed at ensuring a more efficient, safe, and reliable power supply for aluminum production.
Market
Aluminum production
Location
Alma, Quebec, Canada

Links
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