Finding better ways to provide the materials the world needs
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We operate in 35 countries where our 60,000+ employees are working to find better ways to provide the materials the world needs
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Continuous improvement and innovation are part of our DNA
Innovation
The need for innovation is greater than ever
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
Climate Change
We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Enabling ESG transparency
Our START™ initiative tracks traceability and responsible production of Rio Tinto materials.
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
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Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
Refuelling the mining industry
How can we power the world’s biggest machines with new fuel solutions?
Forging a low-carbon future
How we're working to decarbonise iron ore and steel
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MELBOURNE, Australia--
The notification ensures compliance with the National Electricity Rules to provide notice of closure of electricity generators 3.5 years in advance. The notice period can be extended at any time.
No final decision has been made to retire GPS, which has operated since 1976, and there is potential to extend the life of the power station should market and other factors allow.
There is no immediate impact of this notification on GPS operations. Existing power supply contracts, including to Boyne Smelters Ltd, will remain in place until their scheduled expiry in March 2029.
The JV participants recognise the contribution of GPS to the Gladstone community and are committed to work with the operator NRG Gladstone Operating Services to ensure transparent and timely engagement with employees, contractors and suppliers throughout this process.
Between now and March 2029, the JV participants will engage with stakeholders on the energy market and on options for the future use of the site, which will inform the timeline and strategy for retirement of the facility.
GPS is an unincorporated joint venture of which Rio Tinto has a 42.125% stake. More information can be found here.
Notification was submitted to AEMO by CS Energy at the recommendation of the Joint Venture in CS Energy’s capacity as the nominated generator for GPS in the National Energy Market. CS Energy trades the output of GPS in excess of the Boyne Smelter requirements.
Rio Tinto plc