Rio Tinto to exclusively sell RevoCast billet from new Langley, BC casting plant

This is a supply-chain move rather than a headline-grabbing one: Rio Tinto is locking in a captive sales channel for a new casting plant instead of the plant marketing its own output. The absence of financial terms or volumes makes it hard to gauge whether this is a meaningful offtake commitment or a modest commercial arrangement. What matters is whether exclusive offtake becomes the template for how new downstream capacity gets financed and brought to market, and whether other producers follow. Watch for volume disclosures and any expansion of the arrangement.