Rio Tinto approves new solar plant to power Kennecott
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Business Wire
SALT LAKE CITY, Utah--(BUSINESS WIRE)--Rio Tinto has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah, bringing the mine’s total solar capacity to 30MW.The new solar plant will be located next to Kennecott’s existing 5MW solar plant, which was completed in 2023. Together, the two solar plants will reduce Kennecott’s Scope 2 emissions by approximately 6%, or 21,000 tons of carbon dioxide equivalent per year. This is equivalent to removing around 5,000 gas-powered passenger cars from the road.Construction of the 25MW solar plant is expected to be completed next year and create short-term employment opportunities for up to 100 laborers, as well as a small number of long-term operations and maintenance roles. Bechtel Corporation will design and manage construction of the plant.Kennecott, which already has one of the lowest carbon footprints of any copper producer in the U.S., has reduced its carbon footprint more than 80% since 2018 thro
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