Announced
Synopsis
Rio Tinto, a global mining group that focuses on finding, mining and processing the Earth's mineral resources, and Aymium, a producent of biocarbon and biohydrogen, agreed to form a Evolys Quebec, a manufacturer of a renewable metallurgical biocarbon product, joint venture. Financial terms were not disclosed. “Decarbonization is at the core of Rio Tinto's strategy, and the Évolys joint venture provides us with a unique opportunity to produce local biocarbon, thereby reducing the carbon footprint of our Québec operations,” Sophie Bergeron, Rio Tinto Managing Director.
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