HomeBusiness ›Rio Tinto and AMG Metals & Materials Ink MoU to Develop RE-Powered Green Aluminium Plant in India

Rio Tinto and AMG Metals & Materials Ink MoU to Develop RE-Powered Green Aluminium Plant in India

Rio Tinto and AMG Metals & Materials have signed an MoU to explore the development of a large-scale, low-carbon aluminium project in India, powered by renewable energy and supported by pumped hydro storage.

April 19, 2025. By Mrinmoy Dey

Rio Tinto and AMG Metals & Materials (AMG M&M) have signed a Memorandum of Understanding (MoU) to jointly assess the feasibility of developing an integrated low-carbon aluminium project powered by renewable energy in India.

Together, the parties will consider the potential development of up to a 1 million tonnes per annum (Mtpa) primary aluminium smelter and 2 Mtpa of alumina production, both powered by renewable wind and solar energy firmed by pumped hydro storage. The development will comprise a study to evaluate a potential first phase 500,000 tonnes per annum primary aluminium smelter in a favourable location in India.

Commenting on the development, Rio Tinto Aluminium Chief Executive Jérôme Pécresse said, “This study is an important step in our ambition to grow our global, low-carbon aluminium footprint while exploring new project delivery approaches and opportunities in emerging markets. Partnering with AMG Metals & Materials enables us to assess how we can develop low-cost responsible aluminium production powered by renewable energy. With its rapid economic growth and strategic position, India is a compelling location for this potential project and aligns with our long-term vision for a globally more diverse and resilient aluminium business.”

As part of the study, AMG M&M will examine a firmed renewable energy solution with Greenko, while Rio Tinto will explore a commercial alumina solution. The study will also assess smelting technology options to determine the most cost-effective solution for the project.

Group President of AMG Metals & Materials and Greenko Mahesh Kolli said, “Over the last few years, we have been able to deliver a multitude of decarbonisation solutions comprising electricity, molecules, chemicals and fuels. We are excited to expand that further to the materials space. This MoU could deliver much-needed low-carbon metal at scale to propel decarbonisation initiatives in global supply chains across auto, construction, consumer packaging and many more segments.”
Please share! Email Buffer Digg Facebook Google LinkedIn Pinterest Reddit Twitter
If you want to cooperate with us and would like to reuse some of our content,
please contact: contact@energetica-india.net.
 
 
Next events
 
 
Last interviews
 
Follow us