
Rio Tinto and Prysmian enter aluminium supply partnership
Rio Tinto (ASX:RIO) and cable solution provider Prysmian have partnered up to build a more sustainable North American supply chain for materials needed to expand power grids for the energy transition. Power generation from renewables in the United States is expected to increase from 21% in 2021 to 44% in 2050, requiring significant investments in power grids and boosting demand for innovative materials used in electrification projects. Under the five-year supply agreement, Rio will supply low-carbon aluminium made with renewable hydropower from its Canadian operations. This will support Prysmian’s decarbonisation drive towards its objective of being carbon neutral by 2050. Rio Tinto vice president of aluminium sales Amy Abraham says the company is proud to work with Prysmian. “We are…









