Element Resources Acreage Lease at Rio Tinto U.S. Borax California Operations [Yahoo! Finance]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Yahoo! Finance
LANCASTER, Calif., April 29, 2024 BUSINESS WIRE )--Element Resources, a leader in green hydrogen production, announces the signing of a surface lease agreement with Rio Tinto at the Rio Tinto U.S. Borax mine site in Boron, California, which will be used for the development of a green hydrogen production facility powered by a dedicated, co-located off-grid solar electric generation facility. Element Resources will have an initial study period to evaluate the commercial viability of a hydrogen production facility. "We are proud to partner with Element Resources to study this incredibly exciting technology and its potential for our net zero journey," said Renny Dillinger, General Manager, U.S. Borax. "This is just another example of our dedication to decarbonization, and we look forward to working in collaboration with Element Resources in their next steps." "We are delighted to enter into this agreement with Rio Tinto U.S. Borax," said Steve Meheen, Founder, Chairman & CEO of Ele
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News
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RIO
Analyst Actions
- 3/5/24 - Liberum Capital
RIO
Sec Filings
- 4/16/24 - Form SD
- 2/27/24 - Form IRANNOTICE
- RIO's page on the SEC website