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Aluminum January 31, 2025 03:30:00 PM

Rio Tinto, Norsk Hydro to Invest $45 Million in Carbon Capture Tech for Aluminum Production

Paul Ploumis
ScrapMonster Author
Rio Tinto is one of the world’s biggest producers and processors of iron ore, copper, aluminum and a range of other minerals and materials.
Rio Tinto, Norsk Hydro to Invest $45 Million in Carbon Capture Tech for Aluminum Production

SEATTLE (Scrap Monster): Mining giant Rio Tinto announced today a new partnership with Norway-based aluminum and energy company Norsk Hydro aimed at exploring carbon capture technologies to reduce carbon output in the aluminum production process.

Together, the partners expect to invest approximately $45 million over the next five years to support this initiative, with most of the work conducted at Rio Tinto’s facilities in Europe and Hydro’s facilities in Norway. Both companies will continue to pursue substantial decarbonization efforts independently, they said in a joint announcement.

 Under the new partnership, the companies will collaborate to identify and evaluate available carbon capture technologies for future implementation in the aluminum electrolysis process, including sharing information, results and costs covering specific R&D activities from lab tests with external suppliers to larger, on-site pilot programs, according to the agreement. The aim is to create improved offerings of commercially viable carbon capture technologies from relevant suppliers, they said.

Rio Tinto is one of the world’s biggest producers and processors of iron ore, copper, aluminum and a range of other minerals and materials. The company has committed to reduce its operational Scope 1 and 2 emissions by 50% by 2030, and to achieve net zero by 2050.

Hydro, meanwhile, is one of the biggest producers of aluminum in the world, operating in 40 countries, and has committed to making net-zero aluminum by 2050 or earlier.

For several years, scientists from Rio Tinto and Hydro have been exploring different ways of capturing the carbon emitted during the aluminum production process. In addition, the companies have been working on the development and scaling up of carbon-free aluminum smelting technologies, they said.

Courtesy: www.esgtoday.com

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