Rio Tinto And Prysmian Partner On Sustainable Supply Of Materials For The Energy Transition
Portfolio Pulse from Benzinga Newsdesk
Rio Tinto and Prysmian have partnered to build a sustainable North American supply chain for materials needed for the energy transition. They have signed a five-year supply agreement for low-carbon aluminium made with renewable hydropower from Rio Tinto's Canadian operations. The companies have also signed a joint development agreement to develop multi-material solutions in support of North America's growing electrification demand.

October 30, 2023 | 1:10 pm
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Rio Tinto's partnership with Prysmian and the five-year supply agreement for low-carbon aluminium could boost its revenues and enhance its reputation for sustainability.
The partnership with Prysmian and the five-year supply agreement for low-carbon aluminium could increase Rio Tinto's revenues as demand for sustainable materials grows. Additionally, this partnership could enhance Rio Tinto's reputation for sustainability, potentially attracting more investors and customers.
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