廣告
香港股市 已收市
  • 恒指

    16,224.14
    -161.73 (-0.99%)
     
  • 國指

    5,746.61
    -57.25 (-0.99%)
     
  • 上證綜指

    3,065.26
    -8.96 (-0.29%)
     
  • 滬深300

    3,541.66
    -28.14 (-0.79%)
     
  • 美元

    7.8321
    +0.0009 (+0.01%)
     
  • 人民幣

    0.9239
    +0.0002 (+0.02%)
     
  • 道指

    37,986.40
    +211.02 (+0.56%)
     
  • 標普 500

    4,967.23
    -43.89 (-0.88%)
     
  • 納指

    15,282.01
    -319.49 (-2.05%)
     
  • 日圓

    0.0504
    +0.0000 (+0.02%)
     
  • 歐元

    8.3421
    +0.0077 (+0.09%)
     
  • 英鎊

    9.6890
    -0.0500 (-0.51%)
     
  • 紐約期油

    83.24
    +0.51 (+0.62%)
     
  • 金價

    2,406.70
    +8.70 (+0.36%)
     
  • Bitcoin

    64,901.30
    +1,037.48 (+1.62%)
     
  • CMC Crypto 200

    1,389.89
    +77.27 (+5.89%)
     

Rio Tinto Partners With BMW For Low-Carbon Aluminum Supply

  • Mining giant Rio Tinto plc (NYSE: RIO) has partnered with BMW (Bayerische Motoren Werke ADR) (OTC: BMWYY) to develop more responsible, sustainable, traceable and secure supply chains.

  • Under the new partnership, Rio Tinto plans to provide responsibly sourced aluminum to the BMW Group's vehicle production plant in Spartanburg, South Carolina, for use in body components from 2024.

  • Low-carbon primary aluminum from Rio Tinto's hydro-powered operations in Canada, combined with recycled content, could generate a reduction of up to 70% in CO2 emissions compared to the BMW Group's benchmark for aluminum.

  • Also Read: BMW Group Registers 4.8% Vehicle Sales Decline In 2022

  • The two companies have signed a Memorandum of Understanding (MoU) which will see technical experts working together on how to embed these low-carbon solutions into the BMW Group's supply chain.

  • The parties will also work to deploy START from Rio Tinto, providing supply chain traceability to customers and consumers with information about provenance and ESG standards.

  • "As global demand for responsibly sourced materials continues to grow, automakers are increasingly looking to partner with suppliers who share their commitment to traceability and sustainability," said Rio Tinto chief commercial officer Alf Barrios.

  • Price Action: RIO shares are trading higher by 2.23% at $76.21 in premarket on the last check Tuesday.

  • Photo Via Company

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

This article Rio Tinto Partners With BMW For Low-Carbon Aluminum Supply originally appeared on Benzinga.com

.

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.