Rio Tinto is a key pillar of the regional economy. It has more than 50 years of history in Central Queensland, directly employing more than 5,000 Queenslanders and is also committed to net zero carbon emissions by 2050. Rio Tinto shares the state government's goals for decarbonisation, job creation and a vibrant industrial future for Central Queensland. Rio Tinto wants to contribute to building a sustainable future for the Central Queensland region and is offering its support to catalyse the evolution to a low carbon industrial future.
Capability and contribution
Rio Tinto is experienced at building integrated, value-adding supply chains globally and in Queensland (e.g., Gladstone aluminium smelting from locally refined alumina and Cape York sourced bauxite). This value chain makes Rio Tinto the largest consumer of electricity in Queensland, representing over 10% of the State's demand, in addition to the gas required for alumina refining and future potential for industrial hydrogen demand. In delivering future green industry for Queensland, Rio Tinto can draw on its strong balance sheet to underwrite long-term green offtake for existing industrial assets; move to electrify alumina refineries; and bring in its international partners to create the industrial demand required to catalyse the development of a globally competitive energy solution and additional processing and manufacturing activity in Central Queensland.
Last updated: 16 Nov 2021