Rio strikes partnership deal with Volvo

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Rio strikes partnership deal with Volvo
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.RioTinto and VolvoGroup will partner on low carbon materials and the automation of mining vehicles NetZero carbonneutral emissions BatteryMinerals mining resources aluminium

PERTH – Diversified miner Rio Tinto has signed a memorandum of understanding with automotive major Volvo Group to partner on low carbon materials and to pilot autonomous hauling solutions.

Under the MoU, Rio will supply responsibly sourced low-carbon products and solutions to Volvo and the companies will work towards decarbonising Rio’s operations through piloting Volvo’s sustainable autonomous hauling solutions.The multi-materials partnership will allow Rio to progress sustainability commitments in its operations and supply chains. It will support Volvo in its ambition towards a net-zero future.

The partnership aims to secure supplies of materials including lithium, low-carbon aluminium, copper, and metallics.

“By addressing the full value chain, from the use of low-carbon materials in our products, to providing our customers with sustainable autonomous hauling solutions, we can contribute to a better and more sustainable future.” The companies will work together to strengthen the supply of responsibly sourced low-carbon materials such as RenewAl aluminium, aluminium produced using the ELYSIS zero-carbon smelting technology, Aluminium Stewardship Initiative-certified aluminium and Copper Mark-certified copper, and explore product development opportunities such as the supply of lithium for batteries.

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