Rio Tinto, Yindjibarndi Energy Corporation Team up on Renewable Energy Projects

Their first focus will be on the potential development of a solar power generation facility.

A sign adorns the building where mining company Rio Tinto has their office in Perth, Western Australia, on Nov. 19, 2015. David Gray/Reuters

Australian mining giant Rio Tinto has signed a memorandum of understanding (MOU) with Yindjibarndi Energy Corporation to collaborate on exploring renewable energy projects in Yindjibarndi in Pilbara, Western Australia.

Yindjibarndi Energy is a partnership between the Yindjibarndi Aboriginal Corporation and ACEN Corp, Philippine-based Ayala Group’s listed energy platform.