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Stock impact report

Rio Tinto signs new partnership agreement to study low carbon aluminium project in Finland

Rio Tinto Plc (RIO) 
US:NYSE Investor Relations: riotinto.com/investors-87.aspx
Company Research Source: Business Wire
LONDON--(BUSINESS WIRE)--Rio Tinto has entered into a partnership agreement with the Swedish investment company Vargas, Mitsubishi Corporation and other international and local industry partners to study a low carbon aluminium greenfield opportunity in Finland.As the strategic industrial partner, Rio Tinto will provide the Arctial partnership with access to its proven industry-leading AP60 technology and assist in what would be the first AP60 deployment in an aluminium smelter outside Quebec, Canada. Developed by Rio Tinto, AP60 is amongst the most efficient aluminium smelting technologies currently available at commercial scale.As a first step, Arctial will conduct a feasibility study and environmental impact assessment for a potential greenfield aluminium project in Kokkola, Finland.The project, if successful, would be the first primary aluminium development in continental Europe for over 30 years. Together with Fortum, the leading carbon-free energy provider in the Nordics, the Show less Read more
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