Rio Tinto and Prysmian sign low carbon aluminum supply agreement

Rio Tinto and Prysmian have signed a low-carbon aluminum supply agreement to establish a renewable energy supply chain in North America. The partnership will leverage their technology, research, and development capabilities to support North America's electrification and renewable energy needs. The five-year agreement will help Prysmian achieve its carbon neutrality goal by 2050. The aluminum industry plays a crucial role in implementing sustainable supply chains using renewable energy. US renewable energy generation is expected to rise from 21% in 2021 to 44% in 2050.