10:25 AM EST, 11/13/2024 (MT Newswires) -- Rio Tinto (RIO) said Wednesday it has approved construction of a new 25-megawatt solar plant at its Kennecott copper operation in Utah.

The company expects construction to be completed in 2025, bringing the mine's total solar capacity to 30MW, it said.

Rio Tinto shares were down about 1.2% in recent trading.

Price: 60.46, Change: -0.75, Percent Change: -1.22