Rio Tinto (ASX:RIO) said its Utah-based Kennecott operation signed a 15-year wind power deal with TerraGen for renewable energy, as the mining giant aims to meet its decarbonization goals.
Under the virtual power purchase agreement, Rio Tinto will buy 78.5 megawatts of renewable energy generated by the clean energy producer's new wind farm in Texas.
The deal follows a slew of renewable energy projects at Kennecott, including the installation of a 5-megawatt solar plant in 2023 and a second 25-megawatt solar plant that is reaching completion.