AMG Metals & Rio Tinto Partner on 1-Million Tonne Aluminium Project in India
MoU to explore low-carbon aluminium smelter powered by renewables and hydro storage
In a major development for India’s metals and energy sectors, homegrown firm AMG Metals & Materials has signed a strategic memorandum of understanding (MoU) with global mining giant Rio Tinto to explore the development of a low-carbon aluminium project with an annual production capacity of 1 million tonnes (MTPA).

The project, if realized, would also include up to 2 MTPA of alumina production, the companies announced in a joint statement. Backed by the promoters of leading renewable energy player Greenko, AMG is looking to leverage clean energy sources — specifically wind and solar power firmed by pumped hydro storage — to power the proposed smelter, ensuring minimal environmental footprint.

“This collaboration brings together AMG’s renewable energy integration expertise and Rio Tinto’s global leadership in responsible aluminium production to meet India’s growing demand for sustainable industrial infrastructure,” the statement said.

The MoU focuses on evaluating the technical and commercial feasibility of the project, which is aimed at meeting the surging domestic and international demand for low-carbon aluminium, a key material in sectors such as transportation, infrastructure, and clean energy.

If the project moves forward, it would mark one of the largest low-carbon aluminium initiatives in India and further bolster the country’s ambitions to become a global hub for green metals and sustainable manufacturing.

This potential venture aligns with India’s larger push toward decarbonizing its industrial base and reducing reliance on traditional fossil-fuel-driven manufacturing. It also taps into Rio Tinto’s commitment to developing low-carbon supply chains and sustainable mining practices globally.

Further details on the project timeline, investment, and location are expected following the completion of the joint feasibility study.