Rio Tinto CEO on Aluminum, Copper, Trade War, China

The video discusses the dynamics of the aluminium and copper markets, focusing on demand, supply, and the impact of geopolitical factors like trade wars and sanctions. It highlights Rio Tinto's strategies for growth, including organic expansion and maintaining a strong balance sheet. The discussion also covers energy needs and sustainability, emphasizing the importance of renewable energy and the potential of electric vehicles in driving demand for metals like copper and aluminium.

What industries are driving the strong demand for aluminum?

• Food and Beverage

• Pharmaceuticals

• Automotive and Aerospace

• Textile and Fashion

How does the company ensure a stable supply of alumina?

• By having a global balance and contingency plans

• By relying solely on local suppliers

• By increasing prices

• By reducing production

What is the company's strategy for growth in the copper market?

• Focusing on mergers and acquisitions

• Relying on organic growth and exploration

• Increasing product prices

• Reducing production costs

How does the company view the impact of trade wars on its business?

• As a major threat

• As having no impact

• As a minor inconvenience

• As an opportunity for growth

What proportion of the company's energy is sourced from renewables?

• All

• Half

• One-third

• Two-thirds

Why is the company optimistic about the electric vehicle revolution?

• It will decrease demand for aluminum

• It will increase demand for copper and aluminum

• It will reduce energy costs

• It will eliminate the need for mining

What is the company's approach to energy efficiency?

• Improving productivity and energy efficiency

• Investing in fossil fuels

• Outsourcing energy needs

• Ignoring it