ACEN’s subsidiary Yindjibarndi Energy Corp. signed a memorandum of understanding with Rio Tinto to explore opportunities to collaborate on renewable energy projects on Yindjibarndi country in the Pilbara region of Western Australia.
The collaboration opportunities being explored by Rio Tinto and YEC will be complementary to renewable energy developments on Rio Tinto Iron Ore’s electricity grid. The collaboration opportunities being considered by Rio Tinto and YEC relate to some of these Stage 1 projects. The agreement reflects a joint commitment to work together to create more opportunities for the Yindjibarndi people to participate in Rio Tinto’s operations, including direct and indirect employment opportunities, and build sustainable long-term benefits to the community.