Rio Tinto partners with Prysmian to decarbonize renewable resource supply chain
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Update time : 2023-11-02 17:05:11
In order to meet the electrification needs of North America, Rio Tinto and Prysmian have reached a low-carbon aluminum supply agreement to establish a renewable energy supply chain. The collaboration will leverage their joint strengths in technology, research, and development capabilities to support North America's electrification and renewable energy needs.
The five-year low-carbon aluminum supply agreement will help Prysmian achieve its carbon neutrality goal by 2050. The aluminum industry has an important position in implementing sustainable supply chains that can be produced using renewable energy.
As the demand increases, US renewable energy generation is expected to increase from 21% in 2021 to 44% in 2050.
