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Climate change report

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provide the materials the world needs</p> </div> <a href="/en/about" class="button button--rt-secondary rt-main-nav__menu__intro-cta">Visit About</a> </div> </div> <!-- mega menu 2nd column --> <div class="rt-main-nav__dropdown__main"> <a href="/en/about" class="rt-main-nav__menutitle _l2">About</a> <div class="rt-main-nav__menu__content"> <ul class="rt-main-nav__menu _l2"> <li class="rt-main-nav__menuitem"> <a href="/en/about/our-business" class="rt-main-nav__menulink _l2"> <span>Our business</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/our-purpose-in-action" class="rt-main-nav__menulink _l2"> <span>Our purpose in action</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/history" class="rt-main-nav__menulink _l2"> <span>History</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-A3975A04007A434A929DF414CE19E742"> <span>Innovation</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-A3975A04007A434A929DF414CE19E742"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to About</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/about/innovation" class="rt-main-nav__menutitle _l3">Innovation</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/about/innovation/rd-and-technology" class="rt-main-nav__menulink _l3"> <span>R&amp;D and technology</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/innovation/partnerships-and-investments" class="rt-main-nav__menulink _l3"> <span>Partnerships and investments</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/innovation/tech-and-start-ups" class="rt-main-nav__menulink _l3"> <span>Tech and start-ups</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/innovation/pioneer-portal" class="rt-main-nav__menulink _l3"> <span>Pioneer Portal</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/growth" class="rt-main-nav__menulink _l2"> <span>Growth</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-70B3071A87CD43E2879B58284885C1B1"> <span>Suppliers</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-70B3071A87CD43E2879B58284885C1B1"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to About</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/about/suppliers" class="rt-main-nav__menutitle _l3">Suppliers</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/about/suppliers/working-with-us" class="rt-main-nav__menulink _l3"> <span>Working with us</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-BC7EE349829945A18A039BA3EF4714E4"> <span>Supplier portals</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-BC7EE349829945A18A039BA3EF4714E4"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Suppliers</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/about/suppliers/supplier-portals" class="rt-main-nav__menutitle _l4">Supplier portals</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/about/suppliers/supplier-portals/sbn-master-data" class="rt-main-nav__menulink _l4"> <span>Supplier master data management</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/suppliers/supplier-portals/sbn-transactional" class="rt-main-nav__menulink _l4"> <span>Transactional platform</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-EF3793681921427C97E54604F4225673"> <span>Local suppliers</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-EF3793681921427C97E54604F4225673"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Suppliers</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/about/suppliers/local-suppliers" class="rt-main-nav__menutitle _l4">Local suppliers</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/about/suppliers/local-suppliers/buy-local-australia" class="rt-main-nav__menulink _l4"> <span>Buy Local Australia</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/suppliers/local-suppliers/buy-local-north-america" class="rt-main-nav__menulink _l4"> <span>Buy Local North America</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/executive-committee" class="rt-main-nav__menulink _l2"> <span>Executive Committee</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/board-of-directors" class="rt-main-nav__menulink _l2"> <span>Board of Directors</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-D64A6FBB5DCF4C55A3A0C3BDB47EC208"> <span>Corporate governance</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-D64A6FBB5DCF4C55A3A0C3BDB47EC208"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to About</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/about/corporate-governance" class="rt-main-nav__menutitle _l3">Corporate governance</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/about/corporate-governance/governance-framework-and-structure" class="rt-main-nav__menulink _l3"> <span>Governance framework and structure</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/corporate-governance/board-governance" class="rt-main-nav__menulink _l3"> <span>Board governance</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/corporate-governance/board-committees" class="rt-main-nav__menulink _l3"> <span>Board committees</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/corporate-governance/risk-management-and-financial-reporting" class="rt-main-nav__menulink _l3"> <span>Risk management and financial reporting</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/about/corporate-governance/communicating-with-shareholders" class="rt-main-nav__menulink _l3"> <span>Communicating with shareholders</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-article-teaser "> <a href="/en/about/our-business" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/about/business/rt-business-dampier-ports.jpg?w=480&amp;rev=b3732395218348e3b5007d0583eecf8d&amp;hash=DCB75F730DFB7B7F6DB4EDCFF860F3E7" alt="Our business" /> </div> <p class="rt-article-teaser__title"> Our business </p> <div class="rt-article-teaser__shortdesc"> <p>We operate in 35 countries where our 57,000 employees are working to find better ways to provide the materials the world needs</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/about/our-purpose-in-action" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/about/purpose-and-values/rt-purpose-values.jpg?w=480&amp;rev=8c13898a9e8a4a05b5802054ab481b7c&amp;hash=F5A8C8357516E123349689C651A5A851" alt="Our purpose in action" /> </div> <p class="rt-article-teaser__title"> Our purpose in action </p> <div class="rt-article-teaser__shortdesc"> <p>Continuous improvement and innovation are part of our DNA</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/about/innovation" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/about/innovation/rt-innovation-banner.jpg?w=480&amp;rev=40e4d20c4d3646869911d1c0209000f1&amp;hash=F96BDCA25BEDC628E19C0AE1C0396320" alt="Innovation" /> </div> <p class="rt-article-teaser__title"> Innovation </p> <div class="rt-article-teaser__shortdesc"> <p>The need for innovation is greater than ever</p> </div> </a> </div> </div> </div> <button type="button" class="rt-main-nav__dropdown-close" aria-label="Close"> <i class="icon-close"></i> </button> </div> <div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l1" aria-expanded="false" aria-controls="rt-main-nav__menu-D719F75091A648D79C477EF0D9F3D53F"> <span>Products</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l1 contour__area" id="rt-main-nav__menu-D719F75091A648D79C477EF0D9F3D53F"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l2"> <span>Back to main menu</span> </button> <div class="rt-main-nav__dropdown__wrapper"> <div class="rt-main-nav__dropdown__inner"> <!-- mega menu 1st column --> <div class="rt-main-nav__dropdown__start"> <!-- 1st level menu intro --> <div class="rt-main-nav__menu__intro"> <a href="/en/products" class="rt-main-nav__menu__intro-title">Products</a> <div class="rt-main-nav__menu__intro-copy"> <p>We supply the metals and minerals used to help the world grow and decarbonise</p> </div> <a href="/en/products" class="button button--rt-secondary rt-main-nav__menu__intro-cta">Visit Products</a> </div> </div> <!-- mega menu 2nd column --> <div class="rt-main-nav__dropdown__main"> <a href="/en/products" class="rt-main-nav__menutitle _l2">Products</a> <div class="rt-main-nav__menu__content"> <ul class="rt-main-nav__menu _l2"> <li class="rt-main-nav__menuitem"> <a href="/en/products/iron-ore" class="rt-main-nav__menulink _l2"> <span>Iron Ore</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/aluminium" class="rt-main-nav__menulink _l2"> <span>Aluminium</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/copper" class="rt-main-nav__menulink _l2"> <span>Copper</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/borates" class="rt-main-nav__menulink _l2"> <span>Borates</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/lithium" class="rt-main-nav__menulink _l2"> <span>Lithium</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/scandium" class="rt-main-nav__menulink _l2"> <span>Scandium</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/diamonds" class="rt-main-nav__menulink _l2"> <span>Diamonds</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/salt" class="rt-main-nav__menulink _l2"> <span>Salt</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/ferrous-metallics" class="rt-main-nav__menulink _l2"> <span>Ferrous Metallics</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/products/titanium-dioxide" class="rt-main-nav__menulink _l2"> <span>Titanium Dioxide</span> </a> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-article-teaser "> <a href="/en/products/iron-ore" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/products/iron-ore/rt-1-23480.jpg?w=480&amp;rev=87a06306fa9f41e0a7aa7ed6d8092306&amp;hash=7D448C2F328BB0CD8C3261747B201ADF" alt="Iron Ore" /> </div> <p class="rt-article-teaser__title"> Iron Ore </p> <div class="rt-article-teaser__shortdesc"> <p>The primary raw material used to make steel, which is strong, long-lasting and cost-efficient</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/products/lithium" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/products/lithium/rt-lithium-electric-car.jpg?w=480&amp;rev=fcc8fa87b0ae4007a6c22debfd5e4801&amp;hash=250B4B43FEFE3618F157E4CA601B2E82" alt="Lithium" /> </div> <p class="rt-article-teaser__title"> Lithium </p> <div class="rt-article-teaser__shortdesc"> <p>The lightest of all metals, it is a key element needed for low-carbon technologies</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/products/copper" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/products/copper/rt-copper-panels.jpg?w=480&amp;rev=fc7b7b40c59847db8fcc7bd1b2fa3ba3&amp;hash=FCBE52535F3BE4755D03493BD578BD10" alt="Copper" /> </div> <p class="rt-article-teaser__title"> Copper </p> <div class="rt-article-teaser__shortdesc"> <p>Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity</p> </div> </a> </div> </div> </div> <button type="button" class="rt-main-nav__dropdown-close" aria-label="Close"> <i class="icon-close"></i> </button> </div> <div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l1" aria-expanded="false" aria-controls="rt-main-nav__menu-450D8173130E40D8ACBC372386535716"> <span>Operations</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l1 contour__area" id="rt-main-nav__menu-450D8173130E40D8ACBC372386535716"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l2"> <span>Back to main menu</span> </button> <div class="rt-main-nav__dropdown__wrapper"> <div class="rt-main-nav__dropdown__inner"> <!-- mega menu 1st column --> <div class="rt-main-nav__dropdown__start"> <!-- 1st level menu intro --> <div class="rt-main-nav__menu__intro"> <a href="/en/operations" class="rt-main-nav__menu__intro-title">Operations</a> <div class="rt-main-nav__menu__intro-copy"> <p>Bringing to market materials critical to urbanisation and the transition to a low-carbon economy </p> </div> <a href="/en/operations" class="button button--rt-secondary rt-main-nav__menu__intro-cta">Visit Operations</a> </div> </div> <!-- mega menu 2nd column --> <div class="rt-main-nav__dropdown__main"> <a href="/en/operations" class="rt-main-nav__menutitle _l2">Operations</a> <div class="rt-main-nav__menu__content"> <ul class="rt-main-nav__menu _l2"> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-78E374B36BCC4BDB80F460E455B03B93"> <span>Australia</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-78E374B36BCC4BDB80F460E455B03B93"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/australia" class="rt-main-nav__menutitle _l3">Australia</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-40A1DD5F77054936AE6CFCE064071A50"> <span>Iron Ore Western Australia</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-40A1DD5F77054936AE6CFCE064071A50"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Australia</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/australia/iron-ore-western-australia" class="rt-main-nav__menutitle _l4">Iron Ore Western Australia</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/iron-ore-western-australia/western-australia-communities" class="rt-main-nav__menulink _l4"> <span>Western Australia communities</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/iron-ore-western-australia/towns-services" class="rt-main-nav__menulink _l4"> <span>Towns and services</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-AABA40A34721455993D489A8D20065AE"> <span>Weipa</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-AABA40A34721455993D489A8D20065AE"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Australia</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/australia/weipa" class="rt-main-nav__menutitle _l4">Weipa</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/weipa/weipa-communities" class="rt-main-nav__menulink _l4"> <span>Weipa communities</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/argyle" class="rt-main-nav__menulink _l3"> <span>Argyle</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/dampier-salt" class="rt-main-nav__menulink _l3"> <span>Dampier Salt</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/yarwun" class="rt-main-nav__menulink _l3"> <span>Yarwun</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/bell-bay" class="rt-main-nav__menulink _l3"> <span>Bell Bay</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/boyne-smelters-ltd" class="rt-main-nav__menulink _l3"> <span>Boyne Smelters Ltd</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/gove" class="rt-main-nav__menulink _l3"> <span>Gove</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/australia/era" class="rt-main-nav__menulink _l3"> <span>ERA</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-63B2A60A64494CD9B1883EF4F2D8347E"> <span>Canada</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-63B2A60A64494CD9B1883EF4F2D8347E"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/canada" class="rt-main-nav__menutitle _l3">Canada</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-EE7188093AC14FBAA3B212E5F948F933"> <span>Saguenay–Lac-Saint-Jean</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-EE7188093AC14FBAA3B212E5F948F933"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Canada</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/canada/saguenay" class="rt-main-nav__menutitle _l4">Saguenay–Lac-Saint-Jean</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/canada/saguenay/saguenay-communities" class="rt-main-nav__menulink _l4"> <span>Saguenay–Lac-Saint-Jean communities</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-9B71C687D6314CD1A96D04781971F752"> <span>BC Works</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-9B71C687D6314CD1A96D04781971F752"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Canada</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/canada/bc-works" class="rt-main-nav__menutitle _l4">BC Works</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/canada/bc-works/bc-works-communities" class="rt-main-nav__menulink _l4"> <span>BC Works communities</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/canada/bc-works/nechako-reservoir" class="rt-main-nav__menulink _l4"> <span>Nechako Reservoir</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-8EA389DBFEA84012867D5F0722C49819"> <span>Diavik</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-8EA389DBFEA84012867D5F0722C49819"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Canada</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/canada/diavik" class="rt-main-nav__menutitle _l4">Diavik</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/canada/diavik/diavik-communities" class="rt-main-nav__menulink _l4"> <span>Diavik communities</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-14EACB2C113246AEACC369F9A06E4B17"> <span>RTIT Quebec operations</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-14EACB2C113246AEACC369F9A06E4B17"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Canada</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/canada/rio-tinto-fer-et-titane" class="rt-main-nav__menutitle _l4">RTIT Quebec operations</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/canada/rio-tinto-fer-et-titane/rtit-communities" class="rt-main-nav__menulink _l4"> <span>RTIT Quebec operations communities</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-286464CFC02242F69C405756B197DAEE"> <span>Iron Ore Company of Canada</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-286464CFC02242F69C405756B197DAEE"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Canada</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/canada/iron-ore-company-canada" class="rt-main-nav__menutitle _l4">Iron Ore Company of Canada</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/canada/iron-ore-company-canada/ioc-communities" class="rt-main-nav__menulink _l4"> <span>IOC communities</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-30E8D5A4353244D79499F0B7A2024EB8"> <span>Iceland</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-30E8D5A4353244D79499F0B7A2024EB8"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/iceland" class="rt-main-nav__menutitle _l3">Iceland</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/iceland/isal" class="rt-main-nav__menulink _l3"> <span>ISAL</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-605315D8138D41C18A7F5645EB380F71"> <span>Madagascar</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-605315D8138D41C18A7F5645EB380F71"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/madagascar" class="rt-main-nav__menutitle _l3">Madagascar</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-618CCD195FF24233BE578BF95254AB15"> <span>QIT Madagascar Minerals</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-618CCD195FF24233BE578BF95254AB15"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Madagascar</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/madagascar/qit-madagascar-minerals" class="rt-main-nav__menutitle _l4">QIT Madagascar Minerals</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/madagascar/qit-madagascar-minerals/qmm-communities" class="rt-main-nav__menulink _l4"> <span>QMM Communities</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/madagascar/qit-madagascar-minerals/qmm-water-management" class="rt-main-nav__menulink _l4"> <span>QMM Water management</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-4F866A53CC8C45ADB6E3CED726369F9E"> <span>Mongolia</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-4F866A53CC8C45ADB6E3CED726369F9E"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/mongolia" class="rt-main-nav__menutitle _l3">Mongolia</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-AC5B3AAAEC874231BF97733228FFE83E"> <span>Oyu Tolgoi</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-AC5B3AAAEC874231BF97733228FFE83E"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Mongolia</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/mongolia/oyu-tolgoi" class="rt-main-nav__menutitle _l4">Oyu Tolgoi</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/mongolia/oyu-tolgoi/oyu-tolgoi-communities" class="rt-main-nav__menulink _l4"> <span>Oyu Tolgoi communities</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-949BF4FCA33E4C33A4BE2D9F5E6ED95F"> <span>New Zealand</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-949BF4FCA33E4C33A4BE2D9F5E6ED95F"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/new-zealand" class="rt-main-nav__menutitle _l3">New Zealand</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/new-zealand/nzas" class="rt-main-nav__menulink _l3"> <span>NZAS</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-F84689DB358A47ADADEA7700A3D9F087"> <span>South Africa</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-F84689DB358A47ADADEA7700A3D9F087"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/south-africa" class="rt-main-nav__menutitle _l3">South Africa</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/south-africa/richards-bay-minerals" class="rt-main-nav__menulink _l3"> <span>Richards Bay Minerals</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-5239CCD453C84BC1AACF5024A77989C9"> <span>US</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-5239CCD453C84BC1AACF5024A77989C9"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/us" class="rt-main-nav__menutitle _l3">US</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/us/california-operations" class="rt-main-nav__menulink _l3"> <span>California operations</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-471CFF5A66504CA28FBB660470F99D46"> <span>Kennecott</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-471CFF5A66504CA28FBB660470F99D46"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to US</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/us/kennecott" class="rt-main-nav__menutitle _l4">Kennecott</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/us/kennecott/visitor-experience" class="rt-main-nav__menulink _l4"> <span>Visitor experience</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/us/kennecott/kennecott-charitable-foundation" class="rt-main-nav__menulink _l4"> <span>Kennecott Charitable Foundation</span> </a> </li> </ul> </div> </div> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/non-managed-operations" class="rt-main-nav__menulink _l2"> <span>Non-managed operations</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-BDBAB406DAFB4322AE37F8E2B5BCD267"> <span>Projects</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-BDBAB406DAFB4322AE37F8E2B5BCD267"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Operations</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/operations/projects" class="rt-main-nav__menutitle _l3">Projects</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/operations/projects/burra-project" class="rt-main-nav__menulink _l3"> <span>Burra project</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/projects/winu" class="rt-main-nav__menulink _l3"> <span>Winu</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/projects/jadar" class="rt-main-nav__menulink _l3"> <span>Jadar</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/projects/rincon" class="rt-main-nav__menulink _l3"> <span>Rincon</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/projects/simandou" class="rt-main-nav__menulink _l3"> <span>Simandou</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/operations/marine" class="rt-main-nav__menulink _l2"> <span>Marine and logistics</span> </a> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-article-teaser "> <a href="/en/operations/mongolia/oyu-tolgoi" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/operations/oyu-tolgoi/rt-ot-concentrator.jpg?w=480&amp;rev=e32c717ee36c477fa76687dc252d204a&amp;hash=1EDC1BEDAF1C3B19748F78CBA26FB4B7" alt="Oyu Tolgoi" /> </div> <p class="rt-article-teaser__title"> Oyu Tolgoi </p> <div class="rt-article-teaser__shortdesc"> <p>One of the most modern, safe and sustainable operations in the world</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/operations/projects/rincon" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/operations/projects/rincon/rt-rincon-ground.jpg?w=480&amp;rev=e76d0ec9acfc485e924eb4b24980a83f&amp;hash=64CDF860A25A4AC154693AFFC8D0E683" 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Sustainability</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/sustainability/indigenous-peoples" class="rt-main-nav__menutitle _l3">Indigenous Peoples</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/sustainability/indigenous-peoples/working-together" class="rt-main-nav__menulink _l3"> <span>Working together</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/sustainability/indigenous-peoples/creating-opportunities" class="rt-main-nav__menulink _l3"> <span>Creating opportunities</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/sustainability/policies" class="rt-main-nav__menulink _l2"> <span>Policies and standards</span> </a> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-article-teaser "> <a href="/en/sustainability/climate-change" 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<span>Financial calendar</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/exchange-releases" class="rt-main-nav__menulink _l2"> <span>Exchange releases</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/environmental-social-and-governance" class="rt-main-nav__menulink _l2"> <span>Environmental, social and governance</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-90E6D8B49D424B289E1F3BC67F40BB28"> <span>Shareholder information</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-90E6D8B49D424B289E1F3BC67F40BB28"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Invest</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/invest/shareholder-information" class="rt-main-nav__menutitle _l3">Shareholder information</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-680656F8689F4DAFA38522557E67D78E"> <span>Share price</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-680656F8689F4DAFA38522557E67D78E"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Shareholder information</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/invest/shareholder-information/share-price" class="rt-main-nav__menutitle _l4">Share price</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/share-price/share-series" class="rt-main-nav__menulink _l4"> <span>Share series</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/share-price/share-price-history" class="rt-main-nav__menulink _l4"> <span>Share price history</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/share-price/share-price-calculator" class="rt-main-nav__menulink _l4"> <span>Share price calculator</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l3" aria-expanded="false" aria-controls="rt-main-nav__menu-359DCBAEB8984888BC54A69155D539CA"> <span>Dividends</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l3 " id="rt-main-nav__menu-359DCBAEB8984888BC54A69155D539CA"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l4"> <span>Back to Shareholder information</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/invest/shareholder-information/dividends" class="rt-main-nav__menutitle _l4">Dividends</a> <ul class="rt-main-nav__menu _l4"> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/dividends/dividend-history-and-calculator" class="rt-main-nav__menulink _l4"> <span>Dividend history and calculator</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/dividends/share-dividend-reinvestment-plan" class="rt-main-nav__menulink _l4"> <span>Share dividend reinvestment plan</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/annual-general-meetings" class="rt-main-nav__menulink _l3"> <span>Annual general meetings</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/dual-listed-companies-structure" class="rt-main-nav__menulink _l3"> <span>Dual listed companies structure</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/share-buy-backs" class="rt-main-nav__menulink _l3"> <span>Share buy-backs</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/shareholder-faqs" class="rt-main-nav__menulink _l3"> <span>Shareholder FAQs</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/shareholder-information/shareholder-contacts" class="rt-main-nav__menulink _l3"> <span>Shareholder contacts</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-B982DA42B53F4106AFEF400933B74D29"> <span>Debt investors</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-B982DA42B53F4106AFEF400933B74D29"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to Invest</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/invest/debt-investors" class="rt-main-nav__menutitle _l3">Debt investors</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/invest/debt-investors/corporate-debt" class="rt-main-nav__menulink _l3"> <span>Corporate debt</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/debt-investors/other-debt" class="rt-main-nav__menulink _l3"> <span>Other debt</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/invest/investor-relations-contacts" class="rt-main-nav__menulink _l2"> <span>Investor relations contacts</span> </a> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-share-price-ticker"> <a href="/en/invest/shareholder-information/share-price" class="rt-share-price-ticker__inner" data-properties="{&quot;apiUrl&quot;:&quot;https://tools.eurolandir.com/tools/pricefeed/&quot;,&quot;companyCode&quot;:&quot;uk-rio&quot;,&quot;refreshInterval&quot;:10,&quot;animationInterval&quot;:6}"></a> </div> <div class="rt-next-event-teaser"> <a href="/en/invest/financial-calendar" class="rt-next-event-teaser__wrapper" data-properties="{&quot;apiUrl&quot;:&quot;https://tools.eurolandir.com/tools/fincalendar2/rest/json&quot;,&quot;companyCode&quot;:&quot;uk-rio&quot;}"> <h6 class="rt-next-event-teaser__eyebrow">Next event</h6> <p class="rt-next-event-teaser__event-name"></p> <span class="rt-next-event-teaser__event-date"></span> <span class="rt-next-event-teaser__more">See all events</span> </a> </div> <div class="rt-article-teaser "> <a href="/en/invest/investor-seminars" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/invest/rt-investor-seminar.jpg?w=480&amp;rev=fdf8da0f38834b5f9fb65ee2f2c565c4&amp;hash=C3F75433C54F97156E01A61D9F578D2E" alt="Investor seminars" /> </div> <p class="rt-article-teaser__title"> Investor seminars </p> <div class="rt-article-teaser__shortdesc"> <p>Our Investor seminar will be held in London on 4 December, and our Decarbonisation update on 5 December</p> </div> </a> </div> </div> </div> <button type="button" class="rt-main-nav__dropdown-close" aria-label="Close"> <i class="icon-close"></i> </button> </div> <div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l1" aria-expanded="false" aria-controls="rt-main-nav__menu-15E51F9A0E4447D5B4FAAF1FD2BD4652"> <span>News</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l1 contour__area" id="rt-main-nav__menu-15E51F9A0E4447D5B4FAAF1FD2BD4652"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l2"> <span>Back to main menu</span> </button> <div class="rt-main-nav__dropdown__wrapper"> <div class="rt-main-nav__dropdown__inner"> <!-- mega menu 1st column --> <div class="rt-main-nav__dropdown__start"> <!-- 1st level menu intro --> <div class="rt-main-nav__menu__intro"> <a href="/en/news" class="rt-main-nav__menu__intro-title">News</a> <div class="rt-main-nav__menu__intro-copy"> <p>Get the latest news, stories and updates</p> </div> <a href="/en/news" class="button button--rt-secondary rt-main-nav__menu__intro-cta">Visit News</a> </div> </div> <!-- mega menu 2nd column --> <div class="rt-main-nav__dropdown__main"> <a href="/en/news" class="rt-main-nav__menutitle _l2">News</a> <div class="rt-main-nav__menu__content"> <ul class="rt-main-nav__menu _l2"> <li class="rt-main-nav__menuitem"> <a href="/en/news/releases" class="rt-main-nav__menulink _l2"> <span>Releases</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/trending-topics" class="rt-main-nav__menulink _l2"> <span>Trending topics</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/stories" class="rt-main-nav__menulink _l2"> <span>Stories</span> </a> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l2" aria-expanded="false" aria-controls="rt-main-nav__menu-F0500213674D499D9A31C1F6E3C033F5"> <span>Podcast</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l2 " id="rt-main-nav__menu-F0500213674D499D9A31C1F6E3C033F5"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l3"> <span>Back to News</span> </button> <div class="rt-main-nav__dropdown__inner"> <a href="/en/news/podcast" class="rt-main-nav__menutitle _l3">Podcast</a> <ul class="rt-main-nav__menu _l3"> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-1" class="rt-main-nav__menulink _l3"> <span>Susie Dent’s dictionary</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-10" class="rt-main-nav__menulink _l3"> <span>Hod Lipson’s Graphics Processing Unit</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-9" class="rt-main-nav__menulink _l3"> <span>Dr Leah Alconcel’s lasers</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-2" class="rt-main-nav__menulink _l3"> <span>Rudy Garcia-Tolson’s prosthetic legs</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-3" class="rt-main-nav__menulink _l3"> <span>OJ Borg’s e-bike</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-4" class="rt-main-nav__menulink _l3"> <span>Shelley Roden&#39;s Trash</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-5" class="rt-main-nav__menulink _l3"> <span>Cerys Matthews’ climbing equipment</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-6" class="rt-main-nav__menulink _l3"> <span>Alie Ward&#39;s insulated flask</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-7" class="rt-main-nav__menulink _l3"> <span>Buddha Lo’s salt</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/podcast/episode-8" class="rt-main-nav__menulink _l3"> <span>Dr Rosa V&#225;squez Espinoza’s field microscope</span> </a> </li> </ul> </div> </div> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/multimedia-gallery" class="rt-main-nav__menulink _l2"> <span>Multimedia gallery</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/social-media" class="rt-main-nav__menulink _l2"> <span>Social media</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/company-information" class="rt-main-nav__menulink _l2"> <span>Company information</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/news/media-contacts" class="rt-main-nav__menulink _l2"> <span>Media contacts</span> </a> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-article-teaser "> <a href="/en/news/podcast" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/news/rt-podcast-things-main.jpg?w=480&amp;rev=6aa498c3eaf546a18d94a93a462bfb04&amp;hash=14CD035D4A35CDF0F1B1C3313DFF42BD" alt="Things you can&#39;t live without" /> </div> <p class="rt-article-teaser__title"> Things you can&#39;t live without </p> <div class="rt-article-teaser__shortdesc"> <p>Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/news/stories/the-f-word-of-innovation" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/news/lightbulb.jpg?w=480&amp;rev=0671b08d224e4fd0a4cd427adea2a49e&amp;hash=893142D90580DB139B35BBAD7D1E4022" alt="The &#39;f&#39; word of innovation" /> </div> <p class="rt-article-teaser__title"> The &#39;f&#39; word of innovation </p> <div class="rt-article-teaser__shortdesc"> <p>How unlocking innovation requires a change of mindset</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/news/stories/reducing-titanium-oxides-carbon-footprint" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/operations/quebec-employee.jpg?w=480&amp;rev=29a0cd3dfe59441cb5a5d21fe0371e68&amp;hash=46C13486154BD1A4E241ADF8F72280D6" alt="Reducing titanium oxide&#39;s carbon footprint" /> </div> <p class="rt-article-teaser__title"> Reducing titanium oxide&#39;s carbon footprint </p> <div class="rt-article-teaser__shortdesc"> <p>Our BlueSmelting technology could drastically reduce carbon emissions during ore processing</p> </div> </a> </div> </div> </div> <button type="button" class="rt-main-nav__dropdown-close" aria-label="Close"> <i class="icon-close"></i> </button> </div> <div> </div> </li> <li class="rt-main-nav__menuitem"> <button type="button" class="rt-main-nav__menulink _has-submenu _l1" aria-expanded="false" aria-controls="rt-main-nav__menu-2C7AA4A7C3AD48428B37AB130A87B8DB"> <span>Careers</span> </button> <!-- mega menu dropdown --> <div class="rt-main-nav__dropdown _l1 contour__area" id="rt-main-nav__menu-2C7AA4A7C3AD48428B37AB130A87B8DB"> <!-- back buton for mobile --> <button type="button" class="rt-main-nav__dropdown-back _l2"> <span>Back to main menu</span> </button> <div class="rt-main-nav__dropdown__wrapper"> <div class="rt-main-nav__dropdown__inner"> <!-- mega menu 1st column --> <div class="rt-main-nav__dropdown__start"> <!-- 1st level menu intro --> <div class="rt-main-nav__menu__intro"> <a href="/en/careers" class="rt-main-nav__menu__intro-title">Careers</a> <div class="rt-main-nav__menu__intro-copy"> <p>Discover more about life at Rio Tinto</p> </div> <a href="/en/careers" class="button button--rt-secondary rt-main-nav__menu__intro-cta">Visit Careers</a> </div> </div> <!-- mega menu 2nd column --> <div class="rt-main-nav__dropdown__main"> <a href="/en/careers" class="rt-main-nav__menutitle _l2">Careers</a> <div class="rt-main-nav__menu__content"> <ul class="rt-main-nav__menu _l2"> <li class="rt-main-nav__menuitem"> <a href="/en/careers/why-work-here" class="rt-main-nav__menulink _l2"> <span>Why work here</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/careers/available-jobs" class="rt-main-nav__menulink _l2"> <span>Available jobs</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/careers/career-areas" class="rt-main-nav__menulink _l2"> <span>Career areas</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/careers/leadership-programs" class="rt-main-nav__menulink _l2"> <span>Leadership programs</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/careers/graduates-students" class="rt-main-nav__menulink _l2"> <span>Graduates and students</span> </a> </li> <li class="rt-main-nav__menuitem"> <a href="/en/careers/faqs" class="rt-main-nav__menulink _l2"> <span>Careers FAQs</span> </a> </li> </ul> </div> </div> <!-- mega menu 3rd column --> <div class="rt-main-nav__dropdown__end"> <div class="rt-main-nav__menu__widgets"> <div class="rt-article-teaser "> <a href="/en/careers/graduates-students" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/careers/graduates/rt-careers-graduates.jpg?w=480&amp;rev=ed5f6fbccdb749668245eaea6096de5d&amp;hash=C6F1CA4A9246C23113779F3D8418A817" alt="Graduates and students" /> </div> <p class="rt-article-teaser__title"> Graduates and students </p> <div class="rt-article-teaser__shortdesc"> <p>If you want to drive real change, we have just the place to do it</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/news/stories/empowering-families-with-flexibility" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/news/stories/2023/empowering-families-with-flexibility/garry-parental-leave.jpg?w=480&amp;rev=6639c08e03d6424d9c4a5c0baea31e19&amp;hash=8C13CCCBA4D3D1B9664A5C66DAF75D03" alt="Empowering families with flexibility" /> </div> <p class="rt-article-teaser__title"> Empowering families with flexibility </p> <div class="rt-article-teaser__shortdesc"> <p>Supporting new parents of any gender with equal access to parental leave</p> </div> </a> </div> <div class="rt-article-teaser "> <a href="/en/careers/available-jobs" class="rt-article-teaser__wrapper"> <div class="rt-article-teaser__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/careers/rt-available-jobs.jpg?w=480&amp;rev=953883e904604fd58becaf243755f470&amp;hash=634A1B3004D95772AA351FA7EFB375B7" alt="Available jobs" /> </div> <p class="rt-article-teaser__title"> Available jobs </p> <div class="rt-article-teaser__shortdesc"> <p>Join our team</p> </div> </a> </div> </div> </div> <button type="button" class="rt-main-nav__dropdown-close" aria-label="Close"> <i class="icon-close"></i> </button> </div> <div> </div> </li> </ul> </div> <!-- //main nav inner --> <!-- search toggle (visible only on desktop) --> <button type="button" class="rt-header-search-toggle rt-header-search-toggle__desktop" aria-expanded="false" aria-controls="rt-header-search" aria-label="open search"> <span class="cssicon-search" aria-hidden="true"><span></span></span> </button> <!-- utils nav --> <div class="rt-util-nav"> <div class="rt-util-nav__start"> <div class="rt-share-price-ticker _compact"> <a 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class="cssicon-search" aria-hidden="true"><span></span></span> </span> <button type="button" class="rt-search-field__clear" aria-label="clear"><span></span></button> </div> <button type="button" class="rt-header-search-form__submit rt-search-box-button-with-redirect">Search</button> </div> </div> </div> </div> <!-- //TODO: IMPLEMENT BE --> <!-- //Search Form --> </nav> </div> </header> <!-- /#header --> <!-- #content --> <main> <div id="content" class=""> <div class="component rt-component rt-breadcrumb"> <div class="component-content"> <nav> <ol class="rt-breadcrumb__full"> <li class="breadcrumb-item home"> <a href="/en" title="Home"> <span>Home</span> </a> </li> <li class="breadcrumb-item "> <a href="/en/invest" title="Invest"> <span>Invest</span> </a> </li> <li class="breadcrumb-item "> <a href="/en/invest/reports" title="Reports"> <span>Reports</span> </a> </li> <li class="breadcrumb-item last"> <span> <span>Climate change report</span> </span> </li> </ol> </nav> </div> </div> <div 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class="document-basket-title">2023 Climate change report</h2> </div> <div class="document-basket-toolbar"> <p class="document-basket-toolbar-title"></p> </div> <div class="document-basket-full-container"> <div class='document-basket-list'> <div class='document-basket-doc' data-document-id="{69E47CA0-31A1-4135-8A25-D787BE2ACC77}"> <div class='document-basket-doc-title'>Climate Change Report 2023</div> <div class='document-basket-doc-details'> <div class='doc-extension'>PDF</div><div class='doc-size'>3.44 MB</div> </div> <div class='document-basket-doc-buttons'> <a class='rt-icon-button document-list-icon-button document-list-download-file' href='https://cdn-rio.dataweavers.io/-/media/content/documents/invest/reports/climate-change-reports/rt-climate-report-2023.pdf?rev=9ccb7b1a67a149b4a08ae92d8be223be'><i class='icon-download'></i></a> <div class="rt-icon-button document-basket-document" data-document-id="{69E47CA0-31A1-4135-8A25-D787BE2ACC77}"> <button type="button" 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aria-label="Add to Basket"> <i class="icon-library_basket"></i> </button> </div> </div> </div> </div> </div> <div class="document-basket-toolbar"> <div class="document-basket-toolbar-left"> </div> <div class="document-basket-toolbar-menu"> <button class="button button--rt-secondary document-basket-button document-list-download-all" > <span>Download all</span> <i class="icon-download" role="presentation"></i> </button> <button class="button button--rt-secondary document-list-button document-basket-document-add-all" > <span>Add all to basket</span> <i class="icon-library_basket" role="presentation"></i> </button> </div> </div> </div> </div> <div class="component container"> <div class="component-content" > <div class="component mlp-content-card rt-content-cards__wrapper rt-content-cards__wrapper--pioneer"> <div class="component-content" > <div > <div class="rt-content-card rt-content-card--pioneer rt-content-card--pioneer--reverse"><div class="rt-content-card--pioneer__content-wrapper"><h2 class="rt-content-card--pioneer__content-wrapper__title field-title">Jakob Stausholm</h2><h5 class="rt-content-card--pioneer__content-wrapper__subtitle field-subtitle">Chief executive</h5><div class="rt-content-card--pioneer__content-wrapper__content field-content"><p><span class="rio-large-quote">We are continuing to execute the strategy we set in 2021, which will deliver long-term value by focusing on growth in materials for the low-carbon transition, decarbonising our operations and tackling emissions across our value chains. We are creating more definition around how we will achieve our targets, and seeing the early results gives me confidence that we have the right objectives, the right team and the right strategy."</span></p></div></div><div class="rt-content-card--pioneer__image-wrapper"><div class="rt-content-card--pioneer__image responsive-image-cover responsive-image-cover"><img src="https://cdn-rio.dataweavers.io/-/media/content/images/about/leadership/rt-jakob-stausholm.jpg?rev=666989050a3c4ee68513b96cafce7860&w=320&hash=5511B97CA4CB65FE91DBF6E9E67205CB" alt="Jakob Stausholm" sizes="(max-width: 320px) 320px, (max-width: 480px) 480px, (max-width: 640px) 640px, (max-width: 767px) 800px, (max-width: 960px) 530px, 700px" srcset="https://cdn-rio.dataweavers.io/-/media/content/images/about/leadership/rt-jakob-stausholm.jpg?rev=666989050a3c4ee68513b96cafce7860&amp;w=320&amp;hash=5511B97CA4CB65FE91DBF6E9E67205CB 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<div class="component-content" > <div class="rt-standard-promo__header"> <div class="rt-standard-promo-title"> <h2>Our strategy and approach</h2> </div> <div class="rt-standard-promo-description"> <div class="rt-rte"> </div> </div> </div> <div class="rt-standard-promo__content"> <div class="rt-standard-promo-cards"> <div class="rt-standard-promo-card"> <div class="rt-standard-promo-card__inner"> <div class="rt-standard-promo-card__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/sustainability/climate-change/rt-climate-action-plan.jpg?rev=d51699715b144b979026001b808cfddb&w=720&hash=B3A5C157B6010F1F8968E064C8176B74" alt="Hydropower" sizes="(max-width: 768px) 720px, (max-width: 1050px) 720px, (max-width: 1440px) 720px, 720px" srcset="https://cdn-rio.dataweavers.io/-/media/content/images/sustainability/climate-change/rt-climate-action-plan.jpg?rev=d51699715b144b979026001b808cfddb&amp;w=720&amp;hash=B3A5C157B6010F1F8968E064C8176B74 720w" /> </div> <div class="rt-standard-promo-card__content"> <h3 class="rt-standard-promo-card-title">Climate change </h3> <div class="rt-standard-promo-card-description"> <div class="rt-rte"> We’re working towards net zero emissions by 2050 </div> </div> <a href="/en/sustainability/climate-change" title="Climate change" class="rt-standard-promo-card-more"><i class="icon-arrow-right"></i></a> </div> </div> </div> <div class="rt-standard-promo-card"> <div class="rt-standard-promo-card__inner"> <div class="rt-standard-promo-card__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/sustainability/climate-change/rt-climate-change-approach.jpg?rev=f1a8f57d26ab4697a5907b392cbee488&w=720&hash=27962FA5829363ACAA8597B1712E0520" alt="Solar panels" sizes="(max-width: 768px) 720px, (max-width: 1050px) 720px, (max-width: 1440px) 720px, 720px" srcset="https://cdn-rio.dataweavers.io/-/media/content/images/sustainability/climate-change/rt-climate-change-approach.jpg?rev=f1a8f57d26ab4697a5907b392cbee488&amp;w=720&amp;hash=27962FA5829363ACAA8597B1712E0520 720w" /> </div> <div class="rt-standard-promo-card__content"> <h3 class="rt-standard-promo-card-title">Climate position and advocacy </h3> <div class="rt-standard-promo-card-description"> <div class="rt-rte"> Our position on climate change </div> </div> <a href="/en/sustainability/climate-change/climate-position" title="Climate position and advocacy" class="rt-standard-promo-card-more"><i class="icon-arrow-right"></i></a> </div> </div> </div> <div class="rt-standard-promo-card"> <div class="rt-standard-promo-card__inner"> <div class="rt-standard-promo-card__image"> <img src="https://cdn-rio.dataweavers.io/-/media/content/images/sustainability/climate-change/rt-climate-risk-and-resilience.jpg?rev=7551d8364c2848c38c27c5287817f800&w=720&hash=E104245126264D66C7B45D8D6E35C9CB" alt="Dry land" sizes="(max-width: 768px) 720px, (max-width: 1050px) 720px, (max-width: 1440px) 720px, 720px" srcset="https://cdn-rio.dataweavers.io/-/media/content/images/sustainability/climate-change/rt-climate-risk-and-resilience.jpg?rev=7551d8364c2848c38c27c5287817f800&amp;w=720&amp;hash=E104245126264D66C7B45D8D6E35C9CB 720w" /> </div> <div class="rt-standard-promo-card__content"> <h3 class="rt-standard-promo-card-title">Physical climate risk and resilience </h3> <div class="rt-standard-promo-card-description"> <div class="rt-rte"> From tropical cyclones in Australia and Madagascar to wildfires across Canada, the impacts of extreme weather on our operations are real </div> </div> <a href="/en/sustainability/climate-change/climate-risk-and-resilience" title="Physical climate risk and resilience" class="rt-standard-promo-card-more"><i class="icon-arrow-right"></i></a> </div> </div> </div> </div> </div> </div> </div> <div class="component container rt-no-margin--bottom rt-no-margin--top scheme-purple"> <div class="component-content" > <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom rt-small-margin--bottom"> <div class="component-content"> <div class="field-text"><h2>Our Climate Action Plan &ndash; 2023 progress and 2024 update</h2> <h3>1. Scope 1 and 2 emissions targets and roadmap</h3> <p>We have committed to reaching net zero by 2050 and set ambitious interim targets relative to our 2018 equity emissions baseline: to reduce greenhouse gas (GHG) emissions by 15% by 2025 and by 50% by 2030.</p> <p>In the Pilbara, we remain committed to building 1GW of renewable energy capacity. However, due to the extended timeline for deployment of battery electric haulage solutions, we now estimate that 600MW to 700MW capacity is required by 2030.</p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><h3>Repowering Pacific Aluminium Operations</h3> <ul> <li>Completed commercial and technical due diligence of submissions for supply of renewable electricity to Gladstone aluminium assets.</li> <li>Executed first renewable energy contract required for our Boyne smelter.</li> </ul> <h3>Alumina processing</h3> <ul> <li>Developed a decarbonisation energy strategy for Yarwun and Queensland Alumina (QAL) refineries.</li> <li>Approved the Yarwun Hydrogen Calcination Pilot Demonstration Program.</li> <li>Progressed an electric boiler feasibility study for Vaudreuil.</li> <li>Progressed a double digestion pre-feasibility study at QAL, and commissioned a pilot plant.</li> <li>Progressed studies on electric steam generation technologies, electric calcination and thermal energy storage systems for refineries.</li> </ul> <h3>Aluminium anodes</h3> <p>ELYSIS&trade; progressed its research and development program with the ongoing aim of steadily improving cell performance. Learnings from the past 2 years will now be incorporated into the development of the larger-scale cells (450kA).</p> <h3>Renewable energy</h3> <ul> <li>Constructed a 5MW solar plant pilot project at Kennecott Copper.</li> <li>Approved a 12.4MW solar system and a 2.1MWh battery storage system via long-term Power Purchase Agreements (PPAs) for Amrun, with construction starting in 2024 subject to regulatory approvals.</li> <li>Continued discussions on the proposed coastal Pilbara solar photovoltaic (PV) and progressed studies for further solar and wind developments.</li> <li>Signed a memorandum of understanding (MOU) with the Yindjibarndi Energy Corporation (YEC) to explore opportunities to collaborate on renewable energy projects in the Pilbara region. The initial focus is on rapidly exploring the potential development of a solar power generation facility for the supply of energy to Rio Tinto.</li> <li>Voltalia began construction of Phase 1, 130MW solar farm for Richards Bay Minerals (via PPA).</li> <li>Commenced construction of 16MW Phase 2 Wind project at QIT Madagascar Minerals.</li> </ul> <h3>Minerals processing</h3> <ul> <li>Commissioned the BlueSmelting&trade; demonstration plant at Rio Tinto Iron and Titanium (RTIT) Quebec Operations and produced first tonne of pre-reduced ore.</li> <li>Completed an industrial trial of biocarbon at Sorel-Tracy<sup>1</sup>.</li> <li>Progressed development of a biocarbon supply chain to provide a substitute for anthracite for the smelter operations.</li> <li>Implemented testing projects for electrification to reduce pelletising emissions at IOC.</li> </ul> <h3>Diesel transition</h3> <ul> <li>Transitioned heavy machinery at US Borax operation to 100% renewable diesel, and secured contract to supply Kennecott Copper with renewable diesel from 2024.</li> <li>Assessed application of trolley-assist haulage technology for our existing haul fleet.</li> <li>Collaborated with original equipment manufacturers (OEMs) to prepare for battery electric haul truck pilots in the Pilbara.</li> <li>Completed a 6-month test program of a Scania 20 tonne battery electric truck in the Pilbara.</li> <li>Continued our involvement in CharIN and the ICMM's Initiative for Cleaner Safer Vehicles (ICSV) to solve challenges related to interoperability and large electric truck dynamic charging.</li> </ul> <h3>Nature-based solutions</h3> <ul> <li>Completed five feasibility studies and commenced four feasibility studies in Guinea and South Africa.</li> <li>Implemented pilot projects in Fort Dauphin, in southeastern Madagascar, and completed restoration and REDD+<sup>2</sup> feasibility studies.</li> </ul> <p><sup>1</sup> Biocarbon trials are implemented using a step-by-step approach with the objectives of preserving the quality of the finished product as well as guaranteeing the performance of operations. All these parameters are taken into account in the gradual introduction of biocarbon into the smelters.</p> <p><sup>2</sup> REDD+: reducing emissions from deforestation and forest degradation, plus the role of conservation, sustainable management of forests and enhancement of forest carbon stocks.</p></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><h3>Repowering Pacific Aluminium Operations</h3> <ul> <li>Execute further renewable energy contracts required for our Boyne Smelter.</li> <li>Launch a Request for Proposal, in partnership with other shareholders, for renewable energy projects for Tomago.</li> <li>Seek renewable energy and storage capacity for Tranche 1 of electrification at the Gladstone alumina refineries.</li> </ul> <h3>Alumina processing</h3> <ul> <li>Progress QAL double digestion feasibility study.</li> <li>Commence construction of the hydrogen calcination demonstration project.</li> <li>Progress electric steam and thermal energy studies for refineries.</li> <li>Deliver biofuel studies for Gladstone refineries as potential low-carbon fuel feedstock for steam generation.</li> </ul> <h3>Aluminium anodes</h3> <p>Research and development to focus on growing carbon-free aluminium smelting from the ELYSIS™ prototype cells that will enable the joint venture to take the next step towards an industrial demonstration level project.</p> <h3>Renewable energy</h3> <ul> <li>Aggrekko will commence solar panel installation on the Amrun solar project, subject to regulatory approvals.</li> <li>Finalise the first tranche of renewable PPA commercial negotiations (up to 200MW) for our US renewable energy portfolio.</li> <li>Commission the Diavik Diamond Mine solar plant.</li> <li>Seek final investment decision on the Pilbara coastal solar PV.</li> <li>Commission the 5MW solar plant and start construction of Phase 2, 25MW solar plant at Kennecott Copper.</li> <li>Execute RBM Phase 2 PPA (approximately 200MW).</li> </ul> <h3>Minerals processing</h3> <ul> <li>Ongoing validation of smelter gas and hydrogen use at the BlueSmelting™ plant.</li> <li>Production and testing of material from the BlueSmelting™ plant at the smelters.</li> <li>Progress with the installation of an electric boiler at the Iron Ore Company of Canada (IOC).</li> <li>Progress research and development analysis for biofuel and coke alternatives for pelletisation.</li> <li>Progress with the industrial ramp-up of biocarbon.</li> <li>Secure access to biocarbon sources.</li> </ul> <h3>Diesel transition</h3> <ul> <li>Transition Kennecott Copper to renewable diesel.</li> <li>Commence battery electric haul truck trials in the Pilbara.</li> <li>Develop a deployment plan for partial electrification options.</li> <li>Consider options to develop an Australian biofuel supply chain.</li> </ul> <h3>Nature-based solutions</h3> <ul> <li>Finalise feasibility studies in Guinea and South Africa.</li> <li>Apply dual pilot-feasibility approach to our priority regions to finalise feasibility studies and ramp-up implementation pilots.</li> <li>Finalise and disclose information on voluntary commercial agreements.</li> <li>Provide detail on our carbon credit sourcing strategy, including our integrity criteria, due diligence process and volumes.</li> </ul></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom rt-small-margin--bottom rt-small-margin--top"> <div class="component-content"> <div class="field-text"><h3>2. Scope 3 emissions goals and customer engagement</h3> <p>We are committing to partner with our customers and suppliers to find better ways to help them achieve their targets a decade earlier &ndash; reaching net zero by 2050. We are acting now by investing in the development of breakthrough technologies that will help decarbonise our value chains, and upgrading our ores to be suitable for these.</p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><h3>Steel value chain</h3> <ul> <li>In 2022, we met our original target to engage with nearly all our direct iron ore customers. Since then, we have progressed to advanced discussions with 59% of them (by sales volume). In 2023, we made further progress on tangible prioritised projects with 25% of direct steel customers (by sales volume).</li> <li>Progressed design of Baowu Meishan microwave lump drying pilot plant.</li> <li>Completed feasibility study for BioIron<sup>TM</sup> Continuous Pilot Plant (CPP) and secured a location.</li> <li>Completed concept studies with BlueScope<sup>TM</sup> on ESF, and partnership with Baowu for small-scale pilot plant.</li> </ul> <h3>Aluminium value chain</h3> <ul> <li>Defined potential areas of collaboration to help decarbonise alumina refining with customers, representing 47% of bauxite sales.</li> </ul> <h3>Shipping</h3> <ul> <li>Achieved 37% lower emissions intensity.</li> <li>Introduced 5 liquified natural gas vessels into the fleet.</li> <li>Completed a 12-month biofuel trial.</li> <li>Completed feasibility study as part of West Australia-East Asia Iron Ore Green Corridor Consortium with Global Maritime Forum.</li> <li>Progressed key elements for low-carbon ammonia deployment as part of ITOCHU Ammonia JDA including safety and regulatory considerations, vessel design and risk management.</li> </ul> <h3>Procurement</h3> <ul> <li>Completed a study to understand the sources of our procurement-related emissions. This enhanced our understanding of the sources and nature of our procurement-related emissions, including our highest emitting categories and suppliers, and potential abatement solutions.</li> </ul></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><h3>Steel value chain</h3> <ul> <li>Complete construction of the Baowu Meishan lump drying plant.</li> <li>Commence construction of the BioIron<sup>TM</sup> CPP<sup>2</sup>.</li> <li>Continue research on pelletisation of Pilbara ores.</li> <li>Progress laboratory testing and work program with BlueScope and BHP including further test works and pre-feasibility study for a Direct Reduction-Electric Smelting Furnace (DR-ESF) pilot plant.</li> <li>Plan for construction of a small-scale electric melter at a Baowu steel mill.</li> <li>Conduct feasibility study to evaluate a pilot scale-up for a fines-based reduction process.</li> </ul> <h3>Aluminium value chain</h3> <ul> <li>Partner with 2 bauxite customers to advance research and development and process improvement projects in digestion and organics management.</li> <li>Develop technical options to reduce moisture content in bauxite.</li> </ul> <h3>Shipping</h3> <ul> <li>Accelerate fuel efficiencies across the freight portfolio.</li> <li>Introduce 4 more LNG vessels.</li> <li>Pursue further biofuel or recycled fuel deployment.</li> <li>Improve emissions transparency using actual voyage data for over 95% of our cargo shipments for which we manage shipping.</li> </ul> <h3>Procurement</h3> <ul> <li>Engage with our top 50 suppliers in high-emitting categories on decarbonisation.</li> <li>Introduce decarbonisation criteria to evaluate all new sourcing in high emissions categories.</li> </ul> <p><sup>2</sup> Subject to technical and funding approvals.</p></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom"> <div class="component-content"> <div class="field-text"><h3>3. Capital allocation alignment with our 1.5°C decarbonisation strategy </h3> <p>We estimate the total capital expenditure on decarbonisation between 2022 and 2030 is expected to be $5-6 billion<sup>1</sup> and $1.5 billion in the period 2024–26. </p> <p><sup>1</sup> While our 2030 emissions reduction target remains unchanged, we now believe this can be met with $5–6 billion of capital investment, down from previous guidance of $7.5 billion.</p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><h3>$425 million total decarbonisation spend</h3> <ul> <li>$130 million capital expenditure (abatement projects and investments)</li> <li>$234 million operational expenditure</li> <li>$61 million RECs and offsets (intangible assets)</li> </ul> <h3>1.9Mt of abatement commitments made</h3> <ul> <li>Renewable energy in Australia and Africa</li> <li>Renewable diesel at Boron and Kennecott</li> <li>Piloting low-carbon heat and using hydrogen in processing emissions</li> </ul></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>We estimate our total spend on decarbonisation in 2024 will be approximately $750 million including capital expenditure and investments, operational expenditure, offsets and RECs.</li> </ul></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom"> <div class="component-content"> <div class="field-text"><h3>4. Climate policy engagement</h3> <p>We continue to encourage industry associations to align their advocacy with the goals of the Paris Agreement. We review the climate advocacy of industry associations annually, publishing our review on our website and using it to inform our membership renewal decisions. </p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>We published our review of industry associations in February 2023 and conducted an interim and year-end review of their advocacy. We engaged with 4 industry associations to discuss their climate advocacy.</li> </ul></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>Formalise process to prioritise an energy transition that considers all issues.</li> <li>Assess projects in consultation with relevant stakeholders, including considering different partnership models and decarbonisation solutions that reflect the requirements of industry and local communities.</li> </ul></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom"> <div class="component-content"> <div class="field-text"><h3>5. Climate governance</h3> <p>In the short-term incentive plan (STIP), safety, environment, social and governance matters, including climate change, are now assigned an explicit performance weighting. </p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>Safety, environmental, social and governance matters remain as targets within the STIP. The 2023 STIP measures comprised the following: Impeccable environmental, social and governance (ESG) (20%), People and culture (10%), Excel in development (10%), and Social licence (10%).</li> <li>The carbon abatement target set for 2023 was 10Mt of CO<sub>2</sub>e. A total of 29 projects progressed through a development stage during the year, leading to an above target performance of 12Mt CO<sub>2</sub>e abatement expected by 2030.</li> </ul></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>Climate change performance objectives are assigned an explicit performance weighting of 10% in the STIP in 2024. We will assess progress of moving carbon abatement projects through the various stages of development all the way to execution to meet our decarbonisation targets.</li> <li>Propose incorporating decarbonisation related performance measures into our LTIP as part of our 2024&nbsp;Remuneration Policy.</li> </ul></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom"> <div class="component-content"> <div class="field-text"><h3>6. Just transition</h3> <p>We are committed to supporting a just transition to a low-carbon economy that is socially inclusive and provides decent work and livelihoods.</p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>We have seen tangible examples of teams across the business undertaking decarbonization activities with a just transition at the forefront of the chosen approach. This has manifested through government engagement and host community partnerships, including the Diavik Diamond Mine closure investment, and contribution to energy hub development in both the Pilbara and Gladstone.</li> </ul></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>Formalise the process to prioritise an energy transition that gives due consideration to ESG issues. Finalise alignment with the CA100+ net zero standard for a just transition.</li> <li>Ongoing assessment of projects in consultation with stakeholders, to consider different partnership models and decarbonisation solutions reflecting the requirements of industry and local communities.</li> </ul></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> <div class="component rich-text component rich-text rt-rich-text--normal-width rt-no-margin--bottom"> <div class="component-content"> <div class="field-text"><h3>7. TCFD disclosure</h3> <p>We support the Task Force on Climate-related Financial Disclosures (TCFD) disclosure&nbsp;recommendations and are committed to aligning our disclosures with the Climate Action 100+ (CA100+) Net Zero Company Benchmark. </p></div> </div> </div> <div class="component accordion rt-no-margin--top rt-small-margin--bottom" data-properties='{&quot;expandOnHover&quot;:false,&quot;expandedByDefault&quot;:false,&quot;speed&quot;:500,&quot;easing&quot;:&quot;swing&quot;,&quot;canOpenMultiple&quot;:true,&quot;canToggle&quot;:true,&quot;isControlEditable&quot;:false}' style="--theme:218, 214, 211"> <div class="component-content" > <div> <ul class="items"> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Progress in 2023</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>Integrated climate-related disclosures on governance, strategy, risk management, and metrics and targets into the <em>2023 Annual Report</em>.</li> <li>Ensured climate-related financial disclosures comply with the <em>Companies Act 2006</em> as amended by the <em>Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022</em>.</li> <li>Aligned our reporting on the CAP with the CA100+ Net Zero Company Benchmark.</li> <li>Published our <em>Scope 1, 2 and 3 Emissions Calculation Methodology report</em>.</li> </ul></div> </div> </div> </div> </div> </li> <li class="item"> <div > <div class="toggle-header" tabindex="0"> <div class="label"> <div class="component content"> <div class="component-content"> <h2 class="field-heading">Action in 2024</h2> </div> </div> </div> <span class="toggle-header-icon" rule="presentation"></span> </div> <div class="toggle-content"> <div class="component content rich-text"> <div class="component-content"> <div class="field-content"><ul> <li>Publish our progress on climate change annually in line with the recommendations of the TCFD and other requirements.</li> </ul></div> </div> </div> </div> </div> </li> </ul> </div> </div> </div> </div> </div> <div class="component rt-component document-basket document-basket-full document-list document-list-full contour__area document-basket-documents document-list-documents rt-bg-none" data-properties="{&quot;baseEndpoint&quot;:&quot;/rio/document/list/acbfae73-0fe8-40b5-a202-254a84cce2c6&quot;,&quot;downloadAllEndpoint&quot;:&quot;/rio/document/list/acbfae73-0fe8-40b5-a202-254a84cce2c6/downloadAll&quot;,&quot;addAllToBasketEndpoint&quot;:&quot;/rio/document/basket/document&quot;}"> <div class="component-content" > <div class="document-basket-header"> <h2 class="document-basket-title">Past reports</h2> </div> <div class="document-basket-toolbar"> <p 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class='document-basket-doc-buttons'> <a class='rt-icon-button document-list-icon-button document-list-download-file' href='https://cdn-rio.dataweavers.io/-/media/content/documents/invest/reports/climate-change-reports/rt-climate-report_2022.pdf?rev=a302160cf2414c7dacbc1ba47b21a942'><i class='icon-download'></i></a> <div class="rt-icon-button document-basket-document" data-document-id="{B500B31D-A47F-4E7A-83F0-7D47602ABA16}"> <button type="button" class="rt-icon-button document-basket-icon-button document-basket-document-add" aria-label="Add to Basket"> <i class="icon-library_basket"></i> </button> </div> </div> </div> <div class='document-basket-doc' data-document-id="{BD5D9306-2E37-49CC-958B-835B48695083}"> <div class='document-basket-doc-title'>Scope 1, 2 &amp; 3 Emissions Calculations Methodology 2022</div> <div class='document-basket-doc-details'> <div class='doc-extension'>PDF</div><div class='doc-size'>1.32 MB</div> </div> <div class='document-basket-doc-buttons'> <a 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