Rio Tinto Signs 30-Year Power Deal for Jinbi Project With Yindjibarndi Energy
11 maj, 10:53
04:53 AM EDT, 05/11/2026 (MT Newswires) -- Rio Tinto (RIO) has signed a 30-year power agreement with Yindjibarndi Energy, which will break ground on the Jinbi solar project in the Pilbara region of Australia after reaching a financial close, Rio Tinto said Monday.
Under the terms of the deal, Yindjibarndi will supply the entire electricity generated by Jinbi to Rio Tinto, supporting de-carbonization of the mining giant's iron ore Pilbara operations once the project is operational.
The project's stage 1 will consist of a 75 MWac solar facility, with an option to expand to 150 MWac, Rio Tinto said.
Full commercial operations, which will mark the beginning of the 30-year PPA supply period, are expected in the middle of 2028, according to the company.
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Rio Tinto Signs 30-Year Power Deal for Jinbi Project With Yindjibarndi Energy
11 maj, 10:53
04:53 AM EDT, 05/11/2026 (MT Newswires) -- Rio Tinto (RIO) has signed a 30-year power agreement with Yindjibarndi Energy, which will break ground on the Jinbi solar project in the Pilbara region of Australia after reaching a financial close, Rio Tinto said Monday.
Under the terms of the deal, Yindjibarndi will supply the entire electricity generated by Jinbi to Rio Tinto, supporting de-carbonization of the mining giant's iron ore Pilbara operations once the project is operational.
The project's stage 1 will consist of a 75 MWac solar facility, with an option to expand to 150 MWac, Rio Tinto said.
Full commercial operations, which will mark the beginning of the 30-year PPA supply period, are expected in the middle of 2028, according to the company.
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