A new renewable biocarbon product will be developed by Rio Tinto and Aymium as an alternative resource to reduce emissions in large industrial processes.
The biocarbon product has already been successfully trialled at Rio Tinto’s metallurgical complex in Sorel-Tracy, Canada.
Rio and Aymium will now work together on options for large-scale production of a biocarbon product.
“We are delighted to work with Aymium to develop and trial this renewable biocarbon product that has real potential as an alternative, low carbon resource for our processes,” Rio Tinto minerals chief executive Sinead Kaufman said.
“We are investing to deepen our partnership, as part our commitment to finding better ways to decarbonise our operations and the supply chains we are part of.”
Aymium chief executive officer James Mennell said the partnership will help Aymium accelerate the transition away from fossil fuels.
“We are delighted about Rio Tinto’s follow-on investment as it will further advance our global mission to create bioproducts with enhanced performance and achieve ambitious emissions reduction targets,” Mennell said.
Rio has made an equity investment in Aymium to strengthen the partnership and support the innovations needed to meet 2030 emission reduction targets.
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