Strong Foundation for Growth, Decarbonisation and Shareholder Returns slide image

Strong Foundation for Growth, Decarbonisation and Shareholder Returns

MACC project*: Queensland Alumina Limited (QAL) boiler feed water heating Project summary: Boiler feed water heating project seeks to install heat recovery equipment to reduce waste energy by 50% displacing 1.6 PJ/pa of coal. Business case overview: First abatement Abatement (2025) MACC (US$/tCO2)* 2024 115ktpa CO₂e <$0/t CO₂e Details: QAL operates three parallel high temperature digestion units, using ~25 PJ/pa of coal as boiler fuel. 12% of boiler steam is utilised for boiler feed water heating Approximately 50% of this waste steam can be captured by boiler feed water reducing the steam required for heating by ~50% *Marginal Abatement Cost Curve for Scope 1 & 2 emissions. Under assessment through the planning process. The project has a positive NPV at a carbon price of zero Rio Tinto ©2022, Rio Tinto, All Rights Reserved 37
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