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Rio Tinto to Make India Comeback
Financial Express Pune
|April 18, 2025
Mining giant inks MoU with AMG Metals
Nearly a decade after its exit from the country and the government revamping its mining policy to lure global investors, British-Australian giant Rio Tinto is set to re-enter India with significant investment plans for the aluminium sector.
The global mining major, known for its technological edge, has signed a memorandum of understanding (MoU) with AMG Metals & Materials to "jointly assess the feasibility of developing a primary aluminium smelter up to a 1 million tonne per annum (MTPA) capacity along with 2 MTPA of alumina production".
According to a joint statement, the venture will be powered by wind and solar energy firmed by pumped hydel storage.
Bu hikaye Financial Express Pune dergisinin April 18, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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