Global miner Rio Tinto and Japanese trader and business
conglomerate Marubeni Corporation have agreed a first sale under a
new strategic Collaboration Agreement to secure a sustainable and
reliable supply of Rio Tinto’s Responsible Aluminium products to
Japanese downstream manufacturers.
The first sale is a batch of Rio Tinto’s RenewAlTM high purity
aluminium, from the renewably powered New Zealand Aluminium
Smelters (NZAS), to a major Japanese motorcycle manufacturer
committed to reducing carbon emissions throughout its supply chains
and manufacturing process.
The agreement, the first of its kind in Japan and the
Asia-Pacific region, is focused on providing downstream industry
with a simple, integrated way to achieve ESG-related goals and
requirements, such as reducing carbon footprints, disclosing
lifecycle assessment (LCA), and sourcing responsibly. It will also
provide strong long-term security of supply at a time of growing
supply-chain risks.
It combines Rio Tinto’s suite of Responsible Aluminium products
- which include RenewAlTM, the industry’s first certified low
carbon aluminium, Aluminium Stewardship Initiative (ASI) certified
aluminium, and the digital traceability platform START - with
Marubeni’s extensive trading network, commercial capability and
carbon credit mechanism, Neutr-AlTM, which will be offered as part
of the collaboration.
Tolga Egrilmezer, Rio Tinto Head of Sales & Marketing, said
“We are excited to be a part of the first producer-trading house
marketing partnership focused on delivering sustainability
throughout the aluminium supply chain.
“Consumers want to know more about the products they buy and be
assured that they have been produced responsibly and sustainably.
By working with partners like Marubeni, we can help our downstream
customers in the aluminium value chain meet this growing consumer
demand, while at the same time advancing our commitment to
decarbonise our product value chains.”
Marubeni Chief Operating Officer, Metals & Mineral Resources
Division Daisuke Tsuchiya said “Marubeni's Mid-Term Management
Strategy GC 2024 positions green strategy as a fundamental platform
to enhance corporate value. Aluminium-related business is an area
of focus within this green strategy to enable a transition to a
decarbonised society. Through this collaboration, Marubeni will
contribute to creating a decarbonised society by supplying
responsible aluminium, produced by Rio Tinto, to various customers
through Marubeni’s interface, which has been built up over through
the company's many years of aluminium trading.”
Notes to editors
Rio Tinto
Rio Tinto is an industry leader in the supply of responsibly
produced materials, including in responsible aluminium
production.
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.
In 2021, Rio Tinto launched START, a new standard in
transparency, traceability and provenance. Using secure blockchain
technology, START provides key environmental, social and governance
(ESG) information about how Rio Tinto products were made. It covers
fourteen criteria: global warming potential, water management,
waste management, energy sources, air emissions, biodiversity, land
management, recycled content, safety performance, community
investment, third-party assessments, ethics & compliance
training, diversity in leadership and our whistleblower programme.
Through START, Rio Tinto empowers its customers and their
customers, to make a more sustainable choice.
Marubeni
Marubeni Corporation and its consolidated subsidiaries use their
broad business networks, both within Japan and overseas, to import
and export (including third country trading), as well as conduct
domestic business, across wide-ranging fields. These include metals
& mineral resources (including in aluminium), lifestyle, ICT
business & logistics, food, agri business, forest products,
chemicals, energy, power, infrastructure project, aerospace &
ship, finance, leasing & real estate business, construction,
industrial machinery & mobility, next generation business
development and next generation corporate development.
Additionally, the Marubeni Group offers a variety of services,
makes internal and external investments, and is involved in
resource development throughout all of the above industries.
Neutr-AlTM is a carbon credit mechanism Marubeni offers to
customers where it is applicable. It helps offset greenhouse gas
(GHG) emissions in the aluminium supply chain including
transportation activities. Such carbon credits are created by GHG
reduction and/or absorption activities in Japan and abroad.
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version on businesswire.com: https://www.businesswire.com/news/home/20230215005410/en/
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