popular articles

Jérôme Pécresse appointed head of Rio Tinto’s global aluminium activities

Rio Tinto has chosen Jérôme Pécresse to lead the decarbonization of its aluminum sector in Quebec, marking its commitment to reducing carbon emissions. The group is also investing $1.1 billion in the ecological expansion of its plant, underlining the growing importance of sustainability in the aluminum industry.

Please share:

Rio Tinto chooses Jérôme Pécresse to steer the decarbonization of its aluminum sector

Jérôme Pécresse to lead Rio Tinto’s transformation towards sustainable Quebec aluminum

Rio Tinto has appointed Jérôme Pécresse as General Manager of its Quebec-based aluminum operations, with responsibility for overseeing decarbonization. Mr Pécresse, 56, will take up his new post on October 23.
Its role will be to lead the decarbonization agenda for this sector, which is a major emitter of greenhouse gases. Rio Tinto CEO Jakob Stausholm praised his experience in renewable energy and the mining industry, calling him the ideal leader to shape a low-carbon future for Rio Tinto’s Aluminium group.
Mr. Pécresse was previously CEO of General Electric (GE) Renewable Energies. He also worked for the Imerys group, a producer of industrial minerals, and began his career at Credit Suisse First Boston. He is a graduate of the Ecole Polytechnique and the Ecole Nationale des Ponts et Chaussées.

Rio Tinto invests $1.1 billion in green expansion of its Quebec aluminum smelter

Aluminium is Rio Tinto’s second largest business, employing 15,000 people in 7 countries. In June, the Group announced a $1.1 billion investment to expand and green its aluminum plant in Quebec, the first major aluminum production project in North America in a decade.

At the end of July, Rio Tinto acknowledged that it was unlikely to meet its greenhouse gas emission reduction targets by 2025. However, the Group is committed to promoting decarbonization across its global operations with a view to achieving “carbon neutrality” by 2050.

Why does it matter?

Rio Tinto’s appointment of Jérôme Pécresse to lead decarbonization efforts in its aluminum sector reflects the company’s commitment to reducing carbon emissions. As aluminum production is a major emitter of greenhouse gases, this initiative is of great importance in the context of sustainability and environmental concerns.

Rio Tinto’s investment in the greening of its aluminum smelter in Quebec is also indicative of a broader industry movement towards more environmentally-friendly practices.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Swiss fund Energy Infrastructure Partners increases its stake in Plenitude to 10% after a total €800mn investment, confirming a post-transaction equity valuation of €8bn.
TotalEnergies has completed strategic acquisitions in the wind, solar and hydropower sectors across Europe, Africa and Canada, thereby reinforcing its integrated power business in several key markets.
TotalEnergies has completed strategic acquisitions in the wind, solar and hydropower sectors across Europe, Africa and Canada, thereby reinforcing its integrated power business in several key markets.
Trinasolar ISBU will supply solar electricity to Equinix for 20 years through an agreement centred on the 30 MW Yufutsu Abira project in Hokkaidō Prefecture.
Trinasolar ISBU will supply solar electricity to Equinix for 20 years through an agreement centred on the 30 MW Yufutsu Abira project in Hokkaidō Prefecture.
TerraForm Power reached a $34.5mn court settlement with its former chairman Carlos Domenech, nine years after his dismissal, ending a case tied to SunEdison's financial management.
TerraForm Power reached a $34.5mn court settlement with its former chairman Carlos Domenech, nine years after his dismissal, ending a case tied to SunEdison's financial management.
Chinese group Sinopec reported annual revenue of CNY 3,070 bn and net profit of CNY 48.94 bn, achieving record performance across its oil, gas and chemical segments.
Maurel & Prom confirmed that US authorities cancelled its operating licence in Venezuela, while allowing it to finalise operations until 27 May.
Maurel & Prom confirmed that US authorities cancelled its operating licence in Venezuela, while allowing it to finalise operations until 27 May.
Estonian state-owned energy group Eesti Energia plans to acquire all shares in its subsidiary Enefit Green in a voluntary takeover bid worth over €200mn, set to begin on April 8.
Estonian state-owned energy group Eesti Energia plans to acquire all shares in its subsidiary Enefit Green in a voluntary takeover bid worth over €200mn, set to begin on April 8.
Orano's French hydrometallurgy project has been designated as strategic by the European Commission under the Critical Raw Materials Act, aimed at securing the supply of critical raw materials.
Orano's French hydrometallurgy project has been designated as strategic by the European Commission under the Critical Raw Materials Act, aimed at securing the supply of critical raw materials.
TotalEnergies reported a 2.9% drop in emissions for 2024, reaffirming its climate strategy ahead of a key general meeting.
Shell Global Solutions International B.V. has awarded McDermott a three-year framework agreement for engineering, procurement and project management services across several strategic markets.
Shell Global Solutions International B.V. has awarded McDermott a three-year framework agreement for engineering, procurement and project management services across several strategic markets.
Australian company Earth AI confirms six new mineral prospects, including cobalt and tungsten, discovered through its predictive exploration software based on artificial intelligence.
Australian company Earth AI confirms six new mineral prospects, including cobalt and tungsten, discovered through its predictive exploration software based on artificial intelligence.
Nexans is expanding its industrial capacity near Noyelles-Godault to recycle more copper, as global demand outpaces primary mining production.
Nexans is expanding its industrial capacity near Noyelles-Godault to recycle more copper, as global demand outpaces primary mining production.
Naturgy secures shareholder approval to buy back 10% of its shares to increase free float and boost market visibility.
Investment firm Ardian has completed the acquisition of renewable energy producer Akuo, active in photovoltaics, wind and storage, with stated ambitions for international expansion and increased capacity.
Investment firm Ardian has completed the acquisition of renewable energy producer Akuo, active in photovoltaics, wind and storage, with stated ambitions for international expansion and increased capacity.
Shell aims to increase its cost reductions to USD 7 billion by 2028, leveraging artificial intelligence and targeted restructurings in its chemical divisions.
Shell aims to increase its cost reductions to USD 7 billion by 2028, leveraging artificial intelligence and targeted restructurings in its chemical divisions.
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
Global energy consumption growth doubled in 2024 compared to its ten-year average, fuelled by rising electricity use in advanced and emerging economies, according to a report by the International Energy Agency.
Crowley, in partnership with Naturgy, has launched LNG transport to Puerto Rico, bypassing restrictions imposed by the Jones Act to meet the island's energy demand.
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
Abastible, a Chilean company specializing in liquefied gas and electricity, has signed a power purchase agreement with Zelestra. This hybrid project combines 220 MWdc of solar energy and 1 GWh of battery storage to support night-time energy supply.
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
Brookfield has completed the acquisition of 97.73% of Neoen, a French renewable energy producer, and has initiated the process to withdraw the company from the Paris Stock Exchange.
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
Octopus Energy Generation announces four new investments in renewable energy in France, bringing the total capacity of its assets in the country to over 500 MW, with a target of one billion euros invested by 2025.
Lyon-based company Carester has begun construction of a rare earth recycling and refining plant in Lacq, Pyrénées-Atlantiques, after securing €216 million in funding from the French government and Japanese partners. The site, named Caremag, is set to begin operations by the end of 2026.
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
In Fos-sur-Mer, the transformation of the industrial-port zone into a low-carbon industrial hub raises both ambitions and questions. Despite announced investments, challenges related to infrastructure, energy, and timelines remain significant.
Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
Ecopetrol S.A. has initiated a market maker program in collaboration with Andes Investment Group Inc. and Valores Bancolombia S.A. Comisionista de Bolsa, aiming to improve trading conditions and the liquidity of its shares on the Colombian Stock Exchange.
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.
TotalEnergies faces multiple lawsuits initiated by international NGOs over environmental and social issues related to its global projects. While several cases remain ongoing, the majority have been dismissed or dropped by the courts, questioning their legitimacy.

Advertising