Rio Tinto CATL Deal Highlights Push Into Circular Battery And Mining Model
Rio Tinto Group (LSE:RIO) and battery giant CATL have signed a Memorandum of Understanding to work together on battery recycling and zero carbon mining. The partnership focuses on electrification of mining operations, development of a circular mineral economy, and battery supply chain collaboration. The agreement marks a new phase in Rio Tinto’s decarbonisation efforts that goes beyond previously reported lithium financing and infrastructure initiatives. Rio Tinto’s new partnership with...
Rio Tinto Group (LSE:RIO) and battery giant CATL have signed a Memorandum of Understanding to work together on battery recycling and zero carbon mining. The partnership focuses on electrification of mining operations, development of a circular mineral economy, and battery supply chain collaboration. The agreement marks a new phase in Rio Tinto’s decarbonisation efforts that goes beyond previously reported lithium financing and infrastructure initiatives. Rio Tinto’s new partnership with...