Trending...
- UK Financial Ltd Announces A Special Board Meeting Today At 4PM: Orders MCAT Lock on CATEX, Adopts ERC-3643 Standard, & Cancels $0.20 MCOIN for $1
- Melospeech Inc. Accepts Nomination for HealthTech Startup of the Year
- KIKO NATION TOKEN (Official Release)
PITTSBURGH--(BUSINESS WIRE)--Wabtec Corporation (NYSE: WAB) and Rio Tinto announced today an order for four FLXdrive battery-electric locomotives to support sustainable operations of the mining company's rail network in the Pilbara region of Western Australia. The 100-percent, battery-powered locomotive will help Rio Tinto's effort to achieve a 50-percent reduction in Scope 1 and 2 carbon emissions by 2030.
"Our partnership with Wabtec is an investment in innovation and an acknowledgment of the need to increase the pace of our decarbonization efforts," said Rio Tinto Iron Ore Managing Director of Port, Rail and Core Services Richard Cohen. "By locking this in now, we are making progress in our efforts to reduce our Scope 1 and 2 carbon emissions by 50 percent by 2030."
Rio Tinto ordered the newest version of the FLXdrive battery-electric locomotive, which features an energy capacity of 7 megawatt-hours (MWh). Based on the route from the mine to the port at Dampier in Western Australia and Rio Tinto's mainline rail operations, the FLXdrive is anticipated to reduce the company's fuel costs and emissions in percentage by double digits per train.
"The FLXdrive is ideally suited to support Rio Tinto's sustainability targets for their Pilbara system," said Rogerio Mendonca, President of Freight Equipment for Wabtec. "This locomotive provides the tractive effort, fuel savings, and emissions reductions to cost-effectively run rail networks in the mining industry. The rapid adoption of the FLXdrive by Rio Tinto and other mining operators demonstrates the industry's commitment to decarbonizing their operations. This solution represents a major step toward achieving zero-emission locomotive fleets in the future."
More on The PennZone
Wabtec will deliver the FLXdrive battery locomotives to Rio Tinto in 2023. The mining company plans on using the locomotives in multiple applications including as a shunter in the railyard and ultimately in mainline service. In mainline operations, Rio Tinto currently uses three diesel-electric locomotives in a consist to pull trains with 240 cars hauling about 28,000 tons of iron ore. The FLXdrives will transition from the diesel locomotives in mainline service to form a hybrid consist, and recharge during the trip through regenerative braking and at charging stations. Wabtec's next generation energy-management software system will determine the optimal times to discharge and recharge the batteries along to route ensuring the most fuel-efficient operation of the entire locomotive consist during the trip.
"Rio Tinto is a progressive leader in the mining industry adopting advanced technologies necessary to drive sustainable, efficient operations that deliver results for its customers, shareholders, and communities," said Wendy McMillan, Regional Senior Vice President South East Asia, Australia, and New Zealand for Wabtec. "We are proud to continue our long-standing relationship with Rio Tinto and support their efforts to reduce emissions and operating costs with the FLXdrive battery locomotive."
Wabtec continues to build momentum in the mining and rail markets for the FLXdrive battery locomotive. The FLXdrive is the world's first 100-percent, battery-powered locomotive, and part of Wabtec's goal to develop the next generation of zero-emission locomotives. The company has a clear path in the rail industry to power new locomotives – and repower existing locomotives – with batteries, hydrogen internal combustion engines, and hydrogen fuel cells. It is part of Wabtec's vision for the rail industry to play a key role in building a clean energy economy and will enable the reduction of up to 300 million tons of global carbon emissions.
More on The PennZone
About Wabtec
Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. The company has approximately 27,000 employees located at facilities in 50 countries throughout the world. Visit Wabtec's website at: www.wabteccorp.com.
About Rio Tinto
Rio Tinto is a mining and metals company operating in 35 countries around the world. Our purpose is to produce the materials essential to human progress.
Our four product groups bring this purpose to life: Aluminium, Copper, Minerals and Iron Ore. These are complemented by our Safety, Technical and Projects, Strategy and Development, and Commercial groups, as well as our service and support functions.
Contacts
Wabtec Media Contacts:
Tim Bader (United States contact)
Wabtec
+1 682-319-7925 or tim.bader@wabtec.com
Sarah Smallhorn Guppy (Australia contact)
Rowland
+61 7 3229 4499 or Sarah.SmallhornGuppy@rowland.com.au
Rio Tinto Media Contact:
Jamie Macdonald
+61 467 725 517
Kate Barcham
+61 438 990 238
"Our partnership with Wabtec is an investment in innovation and an acknowledgment of the need to increase the pace of our decarbonization efforts," said Rio Tinto Iron Ore Managing Director of Port, Rail and Core Services Richard Cohen. "By locking this in now, we are making progress in our efforts to reduce our Scope 1 and 2 carbon emissions by 50 percent by 2030."
Rio Tinto ordered the newest version of the FLXdrive battery-electric locomotive, which features an energy capacity of 7 megawatt-hours (MWh). Based on the route from the mine to the port at Dampier in Western Australia and Rio Tinto's mainline rail operations, the FLXdrive is anticipated to reduce the company's fuel costs and emissions in percentage by double digits per train.
"The FLXdrive is ideally suited to support Rio Tinto's sustainability targets for their Pilbara system," said Rogerio Mendonca, President of Freight Equipment for Wabtec. "This locomotive provides the tractive effort, fuel savings, and emissions reductions to cost-effectively run rail networks in the mining industry. The rapid adoption of the FLXdrive by Rio Tinto and other mining operators demonstrates the industry's commitment to decarbonizing their operations. This solution represents a major step toward achieving zero-emission locomotive fleets in the future."
More on The PennZone
- Strong Revenue Gains, Accelerating Growth, Strategic Hospital Expansion & Uplisting Advancements: Cardiff Lexington Corporation (Stock Symbol: CDIX)
- Holiday Decorations Most Likely to Cause Injuries
- UK Financial Ltd Confirms Official Corporate Structure of the Maya Preferred Project and Its Dual-Class Token System
- Zac Arbitman Elected As Co-Chair of Philadelphia Bar Association Federal Courts Committee
- CCHR Florida Joins Global Call to Ban Electroshock Treatment, Citing New Evidence of Widespread Patient Harm
Wabtec will deliver the FLXdrive battery locomotives to Rio Tinto in 2023. The mining company plans on using the locomotives in multiple applications including as a shunter in the railyard and ultimately in mainline service. In mainline operations, Rio Tinto currently uses three diesel-electric locomotives in a consist to pull trains with 240 cars hauling about 28,000 tons of iron ore. The FLXdrives will transition from the diesel locomotives in mainline service to form a hybrid consist, and recharge during the trip through regenerative braking and at charging stations. Wabtec's next generation energy-management software system will determine the optimal times to discharge and recharge the batteries along to route ensuring the most fuel-efficient operation of the entire locomotive consist during the trip.
"Rio Tinto is a progressive leader in the mining industry adopting advanced technologies necessary to drive sustainable, efficient operations that deliver results for its customers, shareholders, and communities," said Wendy McMillan, Regional Senior Vice President South East Asia, Australia, and New Zealand for Wabtec. "We are proud to continue our long-standing relationship with Rio Tinto and support their efforts to reduce emissions and operating costs with the FLXdrive battery locomotive."
Wabtec continues to build momentum in the mining and rail markets for the FLXdrive battery locomotive. The FLXdrive is the world's first 100-percent, battery-powered locomotive, and part of Wabtec's goal to develop the next generation of zero-emission locomotives. The company has a clear path in the rail industry to power new locomotives – and repower existing locomotives – with batteries, hydrogen internal combustion engines, and hydrogen fuel cells. It is part of Wabtec's vision for the rail industry to play a key role in building a clean energy economy and will enable the reduction of up to 300 million tons of global carbon emissions.
More on The PennZone
- BoxingRx Announces Full Gym Renovation Ahead of New Ownership's One-Year Anniversary
- UK Financial Ltd Announces It's Official Corporate Headquarters In The United Kingdom
- Rigani Press Announces Breakthrough Book for Health IT and Medical Leaders to Forge the Road to Responsible AI
- Twin Flame Visions Announces Surge in Traffic and Engagement Following Breakout Ad Performance
- FreeTo.Chat - The bold, Anonymous Confession Platform, ushers in a new era of tension relief
About Wabtec
Wabtec Corporation (NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 150 years and has a vision to achieve a zero-emission rail system in the U.S. and worldwide. The company has approximately 27,000 employees located at facilities in 50 countries throughout the world. Visit Wabtec's website at: www.wabteccorp.com.
About Rio Tinto
Rio Tinto is a mining and metals company operating in 35 countries around the world. Our purpose is to produce the materials essential to human progress.
Our four product groups bring this purpose to life: Aluminium, Copper, Minerals and Iron Ore. These are complemented by our Safety, Technical and Projects, Strategy and Development, and Commercial groups, as well as our service and support functions.
Contacts
Wabtec Media Contacts:
Tim Bader (United States contact)
Wabtec
+1 682-319-7925 or tim.bader@wabtec.com
Sarah Smallhorn Guppy (Australia contact)
Rowland
+61 7 3229 4499 or Sarah.SmallhornGuppy@rowland.com.au
Rio Tinto Media Contact:
Jamie Macdonald
+61 467 725 517
Kate Barcham
+61 438 990 238
Filed Under: Business
0 Comments
Latest on The PennZone
- Finland's Gambling Reform Promises "Single-Click" Block for All Licensed Sites
- Private Keys Are a Single Point of Failure: Security Advisor Gideon Cohen Warns MPC Technology Is Now the Only Defense for Institutional Custody
- Compliance Is the Ticket to Entry: Legal Advisor Gabriela Moraes Analyzes RWA Securitization Paths Under Brazil's New Legislation
- Coalition and CCHR Call on FDA to Review Electroshock Device and Consider a Ban
- Spark Announces 2025 Design Award Winners
- NEW Luxury Single-Family Homes Coming Soon to Manalapan - Pre-Qualify Today for Priority Appointments
- Together We Dance Shines at Newtown Holiday Parade
- Dominic Pace Returns to the NCIS Franchise With Guest Role on NCIS: Origins
- Anderson Periodontal Wellness Attends 5th Joint Congress for Ceramic Implantology
- UK Financial Ltd Completes Full Ecosystem Conversion With Three New ERC-3643 SEC-Ready Tokens As MCAT Deadline Closes Tonight
- AI Real Estate Company Quietly Building a National Powerhouse: reAlpha Tech Corp. (N A S D A Q: AIRE)
- Inkdnylon Expands National Uniform Embroidery Services
- Appliance EMT Expands Appliance Repair Services to Portland, OR and Vancouver, WA
- Next Week: The World's Best Young Pianists Arrive in Music City for the 2025 Nashville International Chopin Piano Competition
- Revenue Optics Builds Out Its Dedicated Sales Recruiting Firm with Strategic Addition of Christine Schafer
- Hydrofast Elevates the Holiday Season: The C100 Countertop RO System Merges Smart Tech with Wellness for the Perfect Christmas Gift
- Melospeech Inc. Accepts Nomination for HealthTech Startup of the Year
- Flower City Tattoo Convention Draws Record Attendance in Rochester, NY
- KIKO NATION TOKEN (Official Release)
- Verb™ Presents Features Vanguard Personalized Indexing: Utilizing Advanced Tax-Loss Harvesting Technology