PWC News
Saturday, August 8, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Rio Tinto Signs Deal to Replace Coal in Refineries with “Bio Pellets” – ESG Today

Home ESG Business
Share on FacebookShare on Twitter


International mining and metals firm Rio Tinto introduced as we speak that it has signed a five-year offtake settlement with renewable biomass charcoal firm SuperChar for the availability of regionally produced bio pellets to evaluate its use as a substitute for coal at its alumina refineries in Gladstone, Australia, with deliveries focused to start in 2028.

Rio Tinto is without doubt one of the world’s largest producers and processors of iron ore, copper, aluminum and a spread of different minerals and supplies. The corporate has dedicated to scale back its operational Scope 1 and a couple of emissions by 50% by 2030, and to realize web zero by 2050, with initiatives together with switching to renewables at scale, electrification, creating new applied sciences and addressing emissions associated to course of warmth at its refineries and processing operations.

Australia-based SuperChar develops plant-based inexperienced charcoal as a sustainable different to traditional wooden charcoal. The corporate goals to exchange charcoal produced from native forests and tropical hardwoods with charcoal derived from quickly renewable biomass, utilizing Bana Grass as the first feedstock for its manufacturing course of. Bana grass is a high-yielding perennial power crop that may be planted and harvested utilizing standard sugar cane tools.

The businesses mentioned that the settlement follows Rio Tinto’s operational trials and a feasibility research and marks subsequent stage in assessing bio pellets as certainly one of a number of choices to scale back reliance on fossil fuels in alumina refining. The trials, utilizing a spread of bio pellet and coal blends demonstrated that bio pellets might change as much as 30% of the coal used to generate steam in refinery boilers below trial circumstances, based on the businesses.

Armando Torres, Rio Tinto Aluminium Pacific Operations Managing Director, mentioned:

“Decreasing our alumina refineries’ reliance on fossil gasoline would require a mixture of applied sciences, innovation and partnerships, and bio pellets are one of many sensible choices we’re exploring as a part of that. The latest trials and feasibility research have given us useful insights, and this settlement permits us to take the subsequent step in understanding how bio-pellets might work in apply and be scaled to be used at our Gladstone operations.”

Underneath the settlement, Rio Tinto will undertake a collection of operational demonstrations utilizing bio pellet blends starting from 5% to 50% as a complement to coal utilized in boilers at its Gladstone alumina refineries. Preliminary use of the bio pellets is predicted to start at Rio Tinto’s Yarwun refinery, adopted by growing volumes on the firm’s Queensland Alumina facility, topic to applicable approvals and operational readiness at each websites.

Rio Tinto mentioned that the settlement will allow the corporate to additional assess the potential position of bio pellets, with scope to extend provide over time if the undertaking is profitable.

In response to the businesses, SuperChar plans to determine a bio pellet manufacturing facility within the Gladstone area, utilizing regionally grown bana grass as feedstock.

The power will initially have capability to provide 35,000 tons of bio pellets a 12 months, and at full contract volumes, might scale back reported Scope 1 emissions by as much as 90,000 tons of carbon dioxide equal yearly.

Michael Palmer, SuperChar Govt Chairman, mentioned:

“This settlement builds on a number of years of collaboration and demonstrates the potential for native, regeneratively grown biomass as a substitute industrial gasoline, whereas creating alternatives for regional communities.”



Source link

Tags: BiocoaldealESGPelletsRefineriesReplaceRioSignsTintoToday
Previous Post

Conversational Banking Won’t Scale Without Strong Foundations

Next Post

Canada's retail sales rise for fifth month in a row

Related Posts

Ore Energy Raises  Million for Multi-Day Storage Solution Made from Iron, Water and Air – ESG Today
ESG Business

Ore Energy Raises $43 Million for Multi-Day Storage Solution Made from Iron, Water and Air – ESG Today

August 7, 2026
EcoVadis Certification UK: What It Is and How to Get a Gold Rating – ESG and Sustainability Consultants – UK Coverage – ESG PRO.
ESG Business

EcoVadis Certification UK: What It Is and How to Get a Gold Rating – ESG and Sustainability Consultants – UK Coverage – ESG PRO.

August 5, 2026
Mombak Delivers First Amazon Reforestation Carbon Credits to Google, McKinsey 2 Years Early – ESG Today
ESG Business

Mombak Delivers First Amazon Reforestation Carbon Credits to Google, McKinsey 2 Years Early – ESG Today

August 5, 2026
Japanese membrane maker targets desalination costs as Europe’s drought deepens – JStories
ESG Business

Japanese membrane maker targets desalination costs as Europe’s drought deepens – JStories

August 6, 2026
Sonnedix Secures €730 Million to Develop Renewables Portfolio in Southern Europe – ESG Today
ESG Business

Sonnedix Secures €730 Million to Develop Renewables Portfolio in Southern Europe – ESG Today

August 4, 2026
Bain Appoints Matteo Capellini as Global Head of Sustainability Value Creation Solution – ESG Today
ESG Business

Bain Appoints Matteo Capellini as Global Head of Sustainability Value Creation Solution – ESG Today

August 3, 2026
Next Post
Canada's retail sales rise for fifth month in a row

Canada's retail sales rise for fifth month in a row

4 Ways To Catch Breakout Trades EARLY

4 Ways To Catch Breakout Trades EARLY

AI Breaks Out of a Secure Environment to Cheat

AI Breaks Out of a Secure Environment to Cheat

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Solar Sal and the 200th Anniversary of the Erie Canal
Energy

Solar Sal and the 200th Anniversary of the Erie Canal

by PWC
August 7, 2026
0

Within the 1800s, many American households have been farmers. Assume Little Home on the Prairie or another state of affairs...

Do college students need renters insurance?

Do college students need renters insurance?

August 7, 2026
Jim Cramer Plans to Sell Bitcoin Over Quantum Fears as BTC Rises 1.6%

Jim Cramer Plans to Sell Bitcoin Over Quantum Fears as BTC Rises 1.6%

August 4, 2026
Coinbase Lets UK Users Trade US Stocks While Wall Street Sleeps

Coinbase Lets UK Users Trade US Stocks While Wall Street Sleeps

August 6, 2026
Michael Burry bets against rally: ‘We are near a major top, and possible a 1987-type fall’

Michael Burry bets against rally: ‘We are near a major top, and possible a 1987-type fall’

August 5, 2026
Backpack Exchange Lists TRX Spot And Perpetual Markets

Backpack Exchange Lists TRX Spot And Perpetual Markets

August 4, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.