Rio Tinto and Edify Energy sign landmark solar and battery agreement for Rio Tinto's Gladstone operations
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Rio Tinto has signed agreements with Edify Energy to enhance electricity supply to its Gladstone operations through solar and battery projects. Rio Tinto will purchase 90% of the power and storage capacity for 20 years.
March 12, 2025 | 10:30 pm
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Rio Tinto has entered into a 20-year agreement with Edify Energy to purchase 90% of the power and battery storage from new solar projects, enhancing its energy supply for Gladstone operations.
The agreement with Edify Energy is a significant step for Rio Tinto in securing a reliable and sustainable energy source for its operations. This move aligns with global trends towards renewable energy, potentially improving Rio Tinto's operational efficiency and sustainability profile, which could positively impact its stock price.
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