Original article by Hans van Leeuwen
The Australian Financial Review – Page: Online : 19-Jan-23

Rio Tinto has committed to investing $3bn in green energy for its Pilbara iron ore mines by 2030. Amongst other things, Rio Tinto recently commissioned a 34 megawatt solar power plant for its Gudai-Darri mine. However, CEO Jakob Stausholm has told a World Economic Forum discussion panel that the development of large-scale solar power generation is challenging, even in countries such as Australia. He also addressed the issue of the recycling and re-use of steel and critical minerals, arguing that supply constraints mean that ‘circularity’ is not likely to be a major consideration in the current decade.

CORPORATES
RIO TINTO LIMITED – ASX RIO, WORLD ECONOMIC FORUM