Connect with us

Technology

Government of Canada welcomes Rio Tinto project that will reduce GHG emissions and expand manufacturing of low-carbon aluminum

Published

on

Rio Tinto continues to position itself as a key player in the global low-carbon economy

JONQUIÈRE, QC, June 28, 2024 /CNW/ – Decarbonizing the production of critical minerals and metals is essential to achieving Canada’s climate goals. Canada is the fourth-largest producer of primary aluminum in the world. As a long-standing supplier of strategic metals to the United States and across the North American industrial supply base, Canada must ensure that it can continue to provide aluminum products to critical sectors such as automotive and transportation, energy, and infrastructure. By supporting clean technologies and advanced manufacturing, the government will continue creating good middle-class jobs, strengthening our economy and building a greener future for all Canadians.

Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, welcomed Rio Tinto’s plan to expand production capacity for low-carbon aluminum in Canada. This project is another key step in the implementation of the groundbreaking ELYSIS™ smelting technology across Rio Tinto operations in the province of Quebec.

Once fully developed and implemented, the ELYSIS™ technology would eliminate almost all emissions associated with the Canadian aluminum industry’s smelting carbon footprint. The world-leading net-zero aluminum smelting technology will reinvent the chemistry of aluminum production by removing carbon from the chemical process and producing only oxygen as an output.

Today’s announcement represents another significant step forward as the Government of Canada continues to position Canada for success with a cleaner, stronger and better-prepared economy—one that is competitive in a low-carbon world.

Quotes

Canada has all it takes to be the global green supplier of choice, which is why our government is collaborating with key industry actors like Rio Tinto to produce low- carbon aluminium. Groundbreaking projects such as the ELYSIS™ smelting technology will ensure Canada remains at the forefront of the economy of tomorrow while also staying focused on its carbon reduction goals. When economic benefits are paired with a commitment to developing green solutions, it’s a win for Canadian industry, our cleantech ecosystem and our workers.”
– The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

“At the heart of our government’s economic plan is building an economy where Canadian workers benefit. That is why we’re seizing the opportunities to decarbonize Canada’s critical minerals and mining sector, create good-paying jobs—especially union jobs—and ensure Canadian workers and industry remain at the forefront of the global economy.”
– The Honourable Chrystia Freeland, Deputy Prime Minister and Minister of Finance

“ELYSIS™ is truly a disruptive technology for the industry, and it’s thanks to Quebec’s expertise that we are the first in the world to produce aluminum that is free of greenhouse gases. It’s a technological innovation with unprecedented benefits for our aluminum industry, which remains an undisputed world leader.”
– Pierre Fitzgibbon, Quebec Minister of Economy, Innovation and Energy, Minister Responsible for Regional Economic Development and Minister Responsible for the Metropolis and the Montréal Region

“This investment will further strengthen Rio Tinto’s industry-leading position in low-carbon, responsible aluminum production in North America with our hydro-powered smelters and our recycling capacity. Becoming the first to deploy the ELYSIS™ carbon-free smelting technology is the next step in our strategy to decarbonize and grow our Canadian aluminum operations. In addition to helping us deliver even lower–carbon primary aluminum for our customers, this investment will allow Rio Tinto to build its expertise in installing and operating this new technology, while the ELYSIS joint venture continues its research and development work to scale it up to its full potential.”
– Jérôme Pécresse, Chief Executive, Rio Tinto Aluminium

Quick facts

With more than 10,000 employees working at over 35 sites across Canada, Rio Tinto is one of the most important metals and minerals producers operating in Canada today.Rio Tinto Alcan (RTA) is the Canadian subsidiary of the multinational Australian mining company, the world’s second-largest aluminum producer outside of China. It has a significant presence in Canada, sources 42% of its inputs from Canadian suppliers, and exports products to approximately 16 countries. Quebec’s Saguenay–Lac-Saint-Jean region is central to RTA’s aluminum business and is responsible for approximately half of its global aluminum production. RTA is also an important hydroelectricity producer.The United States was Canada’s largest export destination for aluminum products in 2022, accounting for 92% of the total value of aluminum exports, followed by Mexico (3%), and Hong Kong (1%).Through the 2030 Emissions Reduction Plan and the Critical Minerals Strategy, Canada is on track to achieve its goal of cutting emissions by 40 to 45% below 2005 levels by 2030.To strengthen its alignment with the Paris Agreement, RTA announced self-imposed greenhouse gas (GHG) reduction targets of 15% in 2025, 50% in 2030 and net zero by 2050.The Government of Canada has provided funding to ELYSIS Limited Partnership, a joint-venture technology partnership between Rio Tinto and Alcoa, to produce the world’s first true net-zero aluminum smelting technology.In October 2022, the government announced up to $222 million in funding through the Strategic Innovation Fund to help Rio Tinto Fer et Titane, a subsidiary of Rio Tinto, decarbonize and increase its production of critical minerals, including lithium, titanium and scandium.

Associated links

Rio Tinto CanadaBudget 2022 backgrounder: Clean Air and a Strong Economy2030 Emissions Reduction Plan

Stay connected

Find more services and information on the Innovation, Science and Economic Development Canada website.

Follow Innovation, Science and Economic Development Canada on social media.
X (Twitter): @ISED_CA | Facebook: Canadian Innovation | Instagram: @cdninnovation | LinkedIn: Innovation, Science and Economic Development Canada 

SOURCE Innovation, Science and Economic Development Canada

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

IAG’s Hangar 51 Accelerator 2024 Takes Off with New Cohort of Startups Focused on Sustainability, Customer Experience, and Operational Efficiency

Published

on

By

VIENNA, Nov. 14, 2024 /PRNewswire/ — International Airlines Group (IAG) announced the launch of its eighth Hangar 51 Accelerator program, welcoming a new cohort of startups poised to revolutionize the aviation industry. Plug and Play, a global innovation platform connecting startups and corporations is proud to support this year’s program as the innovation partner of IAG. 

The selected startups will tackle some of the industry’s biggest challenges across four core areas:

Sustainability: Exploring new technologies that can help decarbonize aviation.

Customer Experience: Enhancing the passenger journey through innovative products and services.

Operational Efficiency: Testing new solutions to improve efficiency and performance.

Airports: Optimizing turnaround management and ground operations.

Over twelve weeks, the startups will work closely with IAG experts to test and refine their solutions in a real-world environment. The culmination of the Hangar 51 Accelerator 2024 will be a Demo Day held on November 27 at IAG’s Headquarters in London. This event will provide a platform for the startups to present their projects to key stakeholders across IAG and its operating companies: Aer Lingus, British Airways, Iberia, LEVEL, Vueling, IAG Loyalty and IAG Cargo. This event will foster networking, knowledge exchange, and collaboration, enabling IAG to showcase the potential of these solutions across the group.

Plug and Play provided support to IAG with key program activities, including global scouting, startup assessment, and event management. Beyond the program itself, Plug and Play has connected IAG to its wider partner ecosystem, offering speaking and participation opportunities at events across Europe. This creates opportunities to connect with other industry leaders to exchange best practices and identify potential synergies.

“We’re truly excited to partner with one of the world’s largest airline groups to drive impactful improvements in airline operations and sustainability. Working with IAG is a unique highlight within our global ecosystem, showing how open innovation across diverse companies/carriers, regions, and approaches can make a real difference for the entire industry. In aviation, collaboration is key, and we’re proud to work together in tackling challenges like CO2 emissions and climate impact. The best startups have made it through our selection process and are now collaborating with various airlines and business units to test their solutions. I’m personally looking forward to Demo Day to see the impact they’ve made,” said Nik Munaretto, Director of Plug and Play Vienna.

Congratulations and welcome to the new Hangar 51 Accelerator 2024 Cohort:

Aeon BlueAiir InnovationsbederFlyOROKeepFlying®Nexus LabNoyaOreyeonParloaTarmac TechnologiesTomorrow.ioZero®ZestIoT

For more information about Plug and Play, please visit https://www.plugandplaytechcenter.com.

About Plug and Play

Plug and Play is the leading innovation platform connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across 5 continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi. For more information, visit https://www.plugandplaytechcenter.com/

About IAG

International Airlines Group (IAG) is one of the world’s largest airline groups with 585 aircrafts flying to over 250 destinations and carrying more than 115 million passengers in 2023. The Group was created in 2011 and includes the airlines British Airways, Iberia, Aer Lingus, Vueling and LEVEL, and IAG Loyalty and IAG Cargo. It is a Spanish-registered company with its corporate office in London, United Kingdom. Its shares are listed on the London Stock Exchange and on the Spanish stock markets. IAG’s vision is to be the leading airline group in sustainability. The group is proud to have been listed on the Carbon Disclosure Project’s A List for its commitment to sustainability and action on climate change.

Media Relations Contact

press@pnptc.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/iags-hangar-51-accelerator-2024-takes-off-with-new-cohort-of-startups-focused-on-sustainability-customer-experience-and-operational-efficiency-302305116.html

SOURCE Plug and Play

Continue Reading

Technology

Frost & Sullivan Launches FrostAI to Help Organisations Identify and Leverage Growth Opportunities

Published

on

By

Accelerating your Transformational Growth Journey: FrostAI’s elevated user experience acts as your company’s Growth Partner

LONDON, Nov. 14, 2024 /PRNewswire/ — Frost & Sullivan proudly announces the launch of FrostAI, designed to transform the way organisations access and utilise industry insights. FrostAI uses advanced natural language processing (NLP) to allow users to interact with its analytics platform in conversational language, moving beyond traditional keyword limitations. By simply asking questions, users receive precise, in-depth responses along with highlighted source references, making complex data exploration more intuitive and user-friendly.

The addition of FrostAI significantly enhances the value of Frost & Sullivan’s analytics platform by making it easier for businesses to uncover actionable insights and capitalise on growth opportunities. With access to comprehensive and continuously updated data spanning from January 2020 to today, users can explore trends, analyse market shifts, and validate potential strategies with exceptional accuracy and depth. FrostAI is built to empower users across all industries and sectors, making it invaluable for companies seeking a strategic edge in an increasingly competitive and transformative landscape.

“This launch marks the next step of our broader initiative to integrate AI-driven technologies into our platform,” said Joe Fristensky, Senior Partner and Chief Analytics Officer at Frost & Sullivan. “FrostAI reflects our commitment to innovation and to supporting our clients as they navigate a world where industries are transforming and evolving at an unparalleled pace. By allowing users to ask questions in natural language, FrostAI not only saves time but also makes complex insights more accessible and actionable,” he added.

FrostAI is designed for a wide range of applications, including identifying emerging growth opportunities and monitoring disruptive technologies across various sectors. As businesses continue to face transformational changes, from technological advancements to shifting consumer behaviours, Frost AI is positioned to become an essential resource for decision-makers looking to stay ahead of the curve.

This launch marks the beginning of a series of strategic developments from Frost & Sullivan, aimed at providing clients with leading-edge growth solutions to make informed growth investment decisions with enhanced efficiency.

Frost & Sullivan is committed to a future where AI and analytics intersect seamlessly, bringing the power of advanced data science into everyday strategic planning.

To schedule a personalised demo of the FrostAI platform, please contact melissa.silvas@frost.com

Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO and the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents.

Contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com
+44 (0)20 331 01228

SOURCE Frost & Sullivan

Continue Reading

Technology

Former Team USA Chief Joins Enhanced Games, Among Other Senior Hires Ahead Of 2025 Debut

Published

on

By

Enhanced Games expands team with leading experts in Games Delivery, Athlete Relations, Safety, and Digital.New hires bring world-class experience from US Olympic & Paralympic Committee, Nike, Red Bull, and Real Madrid C.F.Future-forward vision reinforces momentum, athlete empowerment, and innovation ahead of the 2025 games.

LONDON, Nov. 14, 2024 /PRNewswire/ — The Enhanced Games announces several recent additions to its growing leadership team, marking a significant step forward as the organisation prepares for its inaugural games at the end of 2025. The key hires bring a wealth of experience from elite sporting organisations, world-renowned athletic programs, and pioneering content platforms. The new leaders collectively bolster the Enhanced Games’ mission to reshape the future of sport.

Dr Aron D’Souza, President of the Enhanced Games, shared his enthusiasm for the new team members, stating, “We’re delighted to welcome Rick, Tim, Dan, and Alejandro to the Enhanced Games. Each brings invaluable expertise, energy, and momentum, setting us up for future success. As we prepare to host the first-ever Enhanced Games, their combined knowledge and deep experience will play a pivotal role in delivering a truly innovative sports experience.”

The new appointments include:

Rick Adams, Senior Vice President, Games Delivery
With a distinguished career in the United States Olympic & Paralympic Committee (USOPC), including serving as Chef de Mission of Team USA at the Beijing and Tokyo Olympic Games, Rick Adams brings expertise in managing top-tier sports events and operations. Formerly Chief of Sport Operations, Chief of Sport Performance and National Governing Body Services, and Chief of Paralympic Sport at the USOPC, Adams also led USA Weightlifting as CEO and served as President and CEO of the East Coast Hockey League. His expansive experience in sports delivery and athlete services will be instrumental in designing and orchestrating the inaugural Enhanced Games.

Tim Phelan, Vice President, Athlete Relations
Tim Phelan joins the Enhanced Games from Nike, where he directed sports marketing initiatives across multiple regions, including North America, Russia, and EMEA. With a strong background in track and field and a Master’s in Human Kinetics and Sports Management, Phelan’s focus on connecting with athletes aligns perfectly with the Enhanced Games’ commitment to athlete empowerment. His global insights and deep industry connections will strengthen relationships with athletes worldwide.

Dr. Dan Turner, Ph.D., Director, Athlete Safety
A seasoned sports performance scientist, Dr Dan Turner has been at the forefront of high-performance science with Red Bull North America, consulting for elite athletes, and working within performance medicine. With a Ph.D. in Clinical Human Physiology, Turner’s work has centred around optimizing athlete safety and performance. His expertise will be pivotal in ensuring that Enhanced Games athletes have access to cutting-edge, science-backed support for optimal well-being.

Alejandro Arenas, Director, Content & Digital Channels
Alejandro Arenas, a leader in digital sports engagement, brings experience from Snapchat as Head of International Sports Partnerships and from Real Madrid C.F. as Global Head of Social Media. Known for his innovative approach to engaging sports audiences, Arenas will lead Enhanced Games’ digital strategy, ensuring a dynamic and accessible experience for fans and athletes alike. His focus on immersive digital content will amplify the Enhanced Games’ vision across global platforms.

Each of these leaders will contribute critical expertise to the Enhanced Games’ mission as we shape the future of competitive sports. Their combined skills across Games Delivery, Athlete Relations, Athlete Safety, and Digital Channels mark a robust expansion of our leadership team and set Enhanced on a dynamic course toward the 2025 games.

About the Enhanced Games:

The Enhanced Games are redefining the future of sports, merging scientific innovation with athletic achievement to create a captivating competition for sports fans, tech enthusiasts, and the science-curious. Founded in 2023 by Australian entrepreneur Aron D’Souza, the Enhanced Games challenge conventional views on human performance, embracing advancements in medicine and technology to safely expand the boundaries of what is possible. With a vision to inspire superhumanity, the Games provide athletes with the opportunity to enhance their abilities under professional supervision, focusing on transparency, safety, innovation, and record-breaking feats.

Backed by pioneering investors like Peter Thiel, Balaji Srinivasan, and Christian Angermayer, the Enhanced Games represent a global movement at the intersection of sport, science, and cultural evolution. Empowered by a diverse team of experts from organizations including FIFA, Nike, Red Bull, and the US Olympic and Paralympic Committee, we are committed to creating a fair, financially equitable platform that inspires humankind to overcome limits and redefine human potential.

For further information, please contact:
Mike Oakes, Communications Director, Enhanced Games
mike.oakes@enhanced.org
Visit: enhanced.com

Photo: https://mma.prnewswire.com/media/2557015/Enhanced_Games.jpg
Logo: https://mma.prnewswire.com/media/2557016/Enhanced_Games_Logo.jpg

View original content to download multimedia:https://www.prnewswire.com/news-releases/former-team-usa-chief-joins-enhanced-games-among-other-senior-hires-ahead-of-2025-debut-302304826.html

SOURCE Enhanced Games

Continue Reading

Trending