Rio Tinto donates $1.5 million to support the people and community of Grindavík in Iceland
April 18 2024 - 11:00AM
Business Wire
Rio Tinto has donated US$1.5 million to the Icelandic Red Cross
to support the people and community of Grindavík in Iceland, who
have been impacted by months of volcanic eruptions.
Since December, a series of volcanic eruptions has left 3,800
people homeless and damaged the community’s water and electricity
supplies. Residents of Grindavík and neighbouring communities
continue to feel social and economic impacts from these
unprecedented events.
In the coming weeks, the Icelandic Red Cross will announce
details of a project built around Rio Tinto’s contribution to
provide support for impacted people and enhance the resilience of
the community. The project will be managed in close collaboration
with the Municipality of Grindavík and other affected
stakeholders.
Rio Tinto Iceland General Manager Rannveig Rist said: “For 55
years, Rio Tinto has been an important member of Iceland’s closely
knit community. We deeply empathize with those affected by the
catastrophic eruptions in the Reykjanes peninsula, including some
of our own employees. This is the largest donation Rio Tinto has
made in Iceland and we are very proud to partner with the Icelandic
Red Cross and the Municipality of Grindavík to bring relief to the
community in this time of need.”
Icelandic Red Cross General Manager Kristín S. Hjálmtýsdóttir
said: “This donation will enable the Red Cross to make a real
difference for the people of Grindavík. A contribution of this
magnitude to the Red Cross from a private company is unprecedented
for projects in Iceland. It is an example of corporate social
responsibility and how important it can be for society. The Red
Cross and the Municipality of Grindavík have stood side by side
through these difficult times and will continue to do so. There are
indications that volcanic activity will continue to shape the lives
of people in the Reykjanes peninsula into the future. This donation
will help us better support the community and strengthen its
resilience through this difficult period as it adapts to a new
reality.”
Grindavík Mayor Fannar Jónasson said: “We would like to thank
Rio Tinto for this initiative and this generous donation. The ISAL
team has shown us great care and solidarity, stepping up to the
plate when we need it most. We do not control the course of natural
forces, but this kind of support helps us deal with their
consequences and the pressing issues facing our community at
present.”
About ISAL
Rio Tinto’s ISAL aluminium smelter is located in Straumsvík,
approximately 30 km from Grindavík, and has not been directly
affected by the volcanic eruptions.
ISAL has been a major part of the Icelandic economy and the
community in Reykjanes Peninsula since 1969.
Today, the smelter employs 380 people and produces 209,000
tonnes of high-quality aluminium billets with one of the lowest
carbon footprints in the world. ISAL is entirely powered by clean,
renewable hydroelectricity supplied by Iceland’s national power
company Landsvirkjun.
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