Rio Tinto Ltd. has pledged to reduce greenhouse gas emissions by 70%. Read more.
Rio Tinto, the world’s second-largest mining company, plans to spend more than $700 million over the next eight years on its
operations in Sorel-Tracy, about 70 kilometres northeast of Montreal. Ottawa’s contribution will come from the Strategic Innovation Fund, and the final amount will depend on how much Rio Tinto ultimately spends on the project.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
a material used in the aerospace and automotive industries; and boosting its capacity to produce lithium, which is essential for batteries used in EVs.Article content Rio’s chief executive Jakob Stausholm said in a press release that the company was “excited” to collaborate with the government of Canada and that the investment was part of its commitment to a net-zero future.
Trudeau, who visited Rio’s Quebec operations on Tuesday, said the investment would help create “good middle-class jobs, clean air and made-in-Canada tech,” and strengthen Canada’s critical minerals sector.its goal of creating an EV battery eco-system on home soil. In August, it signed agreements with automakers Volkswagen AG and Mercedes-Benz AG to “deepening” co-operation on EVs. Earlier this year, Ottawa inked deals with Umicore SA, Stellantis NV and LG Energy Solution Ltd.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ottawa to pour up to $222 million in Rio Tinto's Quebec facilityRio Tinto Ltd. has pledged to reduce greenhouse gas emissions by 70%. Read more.
Read more »
Ottawa to pour up to $222 million in Rio Tinto's Quebec facilityRio Tinto Ltd. has pledged to reduce greenhouse gas emissions by 70%. Read more.
Read more »
Rio Tinto, Ottawa to invest $737-million in titanium and scandium project in QuebecCanada attempts to challenge Chinese dominance in critical minerals while updating processing methods to drastically cut emissions
Read more »
Rio Tinto, Ottawa partner to invest $737 million in Quebec steel and titanium project | Globalnews.caRio Tinto says the partnership will support a first step towards reducing greenhouse gas emissions from its titanium dioxide, steel and metal powders business by up to 70%.
Read more »
Pentagon Combat: The Riot that Got MMA Banned in Rio and Inspired ADCCMarcelo Alonso shares memories and exclusive photos from the 1997 style-versus-style showdown that ended in disaster, but also helped birth submission grappling’s greatest institution.
Read more »