Rio Tinto Starts Digging Copper From Oyu Tolgoi Mine

The video discusses a strategy to expand in copper due to its increasing demand driven by climate change and the shift to electric vehicles. It highlights investments in Mongolia, particularly in the Chinese market, and the challenges posed by climate change, including the need to reduce carbon emissions by 50% by 2030 and achieve net zero by 2050. The company is investing in renewable energy and decarbonizing manufacturing processes to meet these goals.

Why is copper considered essential in the company's strategy?

• It is cheaper than other metals.

• It is crucial for building new energy systems and electrifying society.

• It is a rare metal with limited supply.

• It is primarily used in jewelry making.

What strategic advantage does the company have in the Chinese market?

• China has a low demand for copper.

• The company has exclusive rights to sell copper in China.

• China is reducing its copper imports.

• Mongolia's proximity to China offers logistical benefits.

What is the company's target for CO2 emission reduction by 2030?

• 25%

• 100%

• 50%

• 75%

What is the ultimate goal for the company's carbon footprint by 2050?

• To achieve net zero emissions

• To reduce it by 25%

• To double the carbon footprint

• To maintain current levels

What is required to decarbonize the company's manufacturing processes?

• Outsourcing manufacturing to other countries

• Investment in renewable energy and technical development

• Reducing production levels

• Increased use of fossil fuels