Rio Tinto and Volvo Group partner for low-carbon materials supply and pilot sustainable autonomous hauling solutions
September 13 2022 - 2:30AM
Business Wire
Rio Tinto and Volvo Group have signed a Memorandum of
Understanding (MoU) to create a strategic partnership where Rio
will supply responsibly sourced low-carbon products and solutions
to Volvo Group and the companies will work towards decarbonising
Rio Tinto’s operations through piloting Volvo Group’s sustainable
autonomous hauling solutions.
The multi-materials partnership will allow Rio Tinto, a leading
global mining and metals company, to progress sustainability
commitments in its operations and supply chains. It will support
Volvo Group, one of the world’s largest transport and
infrastructure providers, in its ambition towards a net-zero
future. The partnership aims to secure supplies of materials
including lithium, low-carbon aluminium, copper, and metallics.
Rio Tinto Chief Executive Jakob Stausholm said: “We look forward
to partnering with Volvo to progress our contribution to a net-zero
future, as we collaborate to deliver sustainable outcomes from the
mine to the showroom floor. We will be working together to support
the decarbonisation of Rio Tinto’s operations and deliver
low-carbon materials for use in Volvo’s innovative product range,
including electric and autonomous vehicles.”
Volvo President and Chief Executive Officer Martin Lundstedt
said: “We are eager to partner with Rio Tinto, a true collaboration
aiming to accelerate our ambitions towards a fossil-free,
decarbonised future. By addressing the full value chain, from the
use of low-carbon materials in our products, to providing our
customers with sustainable autonomous hauling solutions, we can
contribute to a better and more sustainable future.”
The companies will work together to strengthen the supply of
responsibly sourced low-carbon materials such as RenewAlTM
aluminium, aluminium produced using the ELYSISTM zero-carbon
smelting technology, Aluminium Stewardship Initiative (ASI)
certified aluminium and Copper Mark certified copper, and explore
product development opportunities such as the supply of lithium for
batteries.
Notes to editors
Volvo Autonomous Solutions
The autonomous hauling solution offered by Volvo Autonomous
Solutions is based on Transport as a Service (TaaS) and includes a
vehicle purpose-built for autonomous driving, a virtual driver,
required infrastructure, operations and uptime support as well as a
cloud solution that controls the transport system and manages
logistics flows. The solutions developed by Volvo Autonomous
Solutions are tailor-made for each customers’ needs and intended to
make their operations more safe, productive and sustainable.
Rio Tinto
Rio Tinto is an industry leader in the supply of responsibly
produced materials.
In 2016, Rio Tinto launched RenewAlTM, the world’s first
certified low CO2 primary aluminium brand. It has helped to pioneer
responsible production standards for the global industry as a
founding member of the Aluminium Stewardship Initiative (ASI),
becoming the first producer to offer ASI Aluminium in 2018. Learn
more at www.aluminium-stewardship.org.
ELYSIS is a technology company created through a partnership
between aluminium industry leaders Rio Tinto and Alcoa, with
support from Apple and the governments of Canada and Quebec. ELYSIS
is scaling up a revolutionary technology that enables the
production of metal without direct carbon dioxide emissions during
the aluminium smelting process, instead emitting pure oxygen. The
technology uses inert anodes to replace the carbon anodes
traditionally used during electrolysis, the process used to make
primary aluminium. Learn more at www.elysis.com.
In 2020, Rio Tinto’s Kennecott and Oyu Tolgoi operations became
the first producers to be awarded the Copper Mark, the copper
industry’s independent responsible production programme. To achieve
the Copper Mark – developed according to the United Nations
Sustainable Development Goals – Kennecott’s and Oyu Tolgoi’s copper
was assessed against 32 criteria covering Environment, Community,
Business and Human Rights, Labour and Working Conditions and
Governance. Learn more at www.coppermark.org.
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