Rio Tinto PLCShs Aktie
WKN: 868009 / ISIN: US7672041008
14.11.2024 04:26:07
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Rio Tinto Approves Construction Of 25-Megawatt Solar Plant At Kennecott Copper Operation In Utah
(RTTNews) - Anglo-Australian mining giant Rio Tinto Plc (RTNTF, RIO, RIO.L, RTPPF) said that it 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, the company said.
The company noted that the 210-acre solar array will include more than 71,000 panels, which contain tellurium produced by Kennecott, a byproduct of mining and refining copper. In 2022, Kennecott became one of only two U.S. producers of this critical mineral. Both copper and tellurium are vital components of photovoltaic solar panels.

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