Rio Tinto, which is a global mining leader in the business has agreed with Marubeni Corporation, a Japanese trader and business amalgamation, under a fresh strategic partnership to keep the supply of Rio Tinto’s aluminium products safe and genuine for the downstream producers and manufacturers of Japan.
The first transaction between the companies will involve a batch of RenewAlTM high-purity aluminium of Rio Tinto from the sustainably powered New Zealand Aluminium Smelters (NZAS), which is being sold to a particular Japanese motorcycle manufacturing company that is working towards lowering the carbon emissions throughout its supply chains as well as its manufacturing process. The deal, which is the first of its kind in Japan and the Asia-Pacific region, aims to give the downstream industry a straightforward, integrated means of achieving ESG-related objectives and requirements, such as lowering carbon footprints, disclosing lifecycle assessment (LCA), and sourcing responsibly.
Rio Tinto is currently functional in 35 nationals in departments like smelters, refiners, mines, etc.
One of the leading names in the supply chain business of Japan, Marubeni Corporation is headquartered in Nihonbashi, Tokyo, with major shares in the market in the trading of paper pulp and cereal along with a firm industrial and electrical plant business. On the other hand, Rio Tinto is currently functional in 35 nationals in departments like smelters, refiners, mines, sales offices, research and development labs, as well as data centres.
At a time when supply-chain risks are increasing, it will also offer solid, long-term supply assurance. With the line of ethical aluminium products of Rio Tinto’s brand, including RenewAl, the first low-carbon aluminium in the industry that has been certified by the Aluminium Stewardship Initiative (ASI), and START, a digital traceability platform, it combines Marubeni’s extensive trading network, commercial capability, and carbon credit mechanism, Neutr-Al, which will be made available as part of the collaboration.
Marubeni Corporation is headquartered in Nihonbashi, Tokyo, with major shares in the market.
On becoming a part of the first marketing partnership of the producer-trading house, the Head of Sales and Marketing at Rio Tinto, Tolga Egrilmezer said that the company is thrilled t have been a part of it. This partnership will focus on the smooth processing and delivery throughout the aluminium supply chain. He also added that the consumers are interested in knowing more about the company’s products before buying to assure sustainability and responsibility of the product’s manufacturing.
In order to increase business value, the green strategy is positioned as a crucial platform in Marubeni’s mid-term management Strategy GC 2024. Within this green plan to facilitate the transition to a decarbonized society, an area of attention is business related to aluminium. By supplying ethically produced Rio Tinto aluminium to a variety of consumers via the interface Marubeni has developed over the course of the company’s many years of aluminium trading, Marubeni will help to create a decarbonized society through this partnership.