Finding better ways to provide the materials the world needs
Our business
We operate in 35 countries where our 57,000 employees are working to find better ways to provide the materials the world needs
Our purpose in action
Continuous improvement and innovation are part of our DNA
Innovation
The need for innovation is greater than ever
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world鈥檚 largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
Climate Change
We鈥檙e targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Decarbonisation progress update
We have a clear plan on decarbonisation - find out more about our progress in 2024
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
Investor seminars
Our Investor seminar will be held in London on 4 December, and our Decarbonisation update on 5 December
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Things you can't live without
Our podcast discussing what needs to happen to create a sustainable future for the everyday items we have come to rely on
The 'f' word of innovation
How unlocking innovation requires a change of mindset
Reducing titanium oxide's carbon footprint
Our BlueSmelting technology could drastically reduce carbon emissions during ore processing
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As one of the world鈥檚 biggest mining companies, rocks are a huge part of our day-to-day operations.
We find them, study them, uncover them, and find new and better ways to turn them into a range of products that the world needs.
But we鈥檝e noticed that several myths about rocks seem to stick around 鈥 so we spoke to some experts on our team to set the record straight.
When you think of science, you’re likely picturing test tubes, lab coats and experiments. But science often looks quite different.
Between scientific disciplines there’s often good-natured banter about what constitutes “real” science – and fields like geology often get accused of being “imposters”.
But Ian, our Head of Orebody Knowledge, explains exactly why geology is definitely a science.
鈥淕eologists study the materials processes and history of the earth, investigating how rocks were formed and what has happened to them since,鈥 Ian says.
鈥淭his tells us a lot about how the physical earth and atmosphere behaved in the past and gives us insights into how it may change in the future.
鈥淚mportantly, geology allows us to find important natural concentrations of minerals that have proven to be useful for building everything, from your car to your mobile phone, as well as the minerals and metals required to decarbonise the earth.鈥
From a young age, we learn some basic facts about the world around us that seem unshakeable. The sky is blue, the grass is green, and rocks are solid. After all, 鈥渟olid as a rock鈥 is a common saying for a reason 鈥 right?
Well, as it happens, none of those 鈥渇acts鈥 are actually true 鈥 and Ian has some context that can give us a sturdier understanding of rocks.
鈥淭he rocks we live on are floating on molten and plastic-like layers in the earth, with currents in the molten earth moving large plates of the crust or surface of the earth around,鈥 Ian says.
鈥淚n fact, Australia is moving north at about 7 cm per year, about twice as fast as your fingernails grow. And if you live in Australia, your house is about 1.5m further north than it was 20 years ago.
鈥淭his movement requires our topographic maps and associated GPS coordinates to be periodically updated. Sometimes we feel the rocks move dramatically and this is called an earthquake.鈥
Minerals are the world鈥檚 building blocks.
They form the basis of our geology, provide essential nutrients for plant and animal life, and are integral to countless industrial and technological processes.
And while many of us might associate them more as something humans need to stay healthy 鈥 like calcium, magnesium and potassium 鈥 we know that they come from the ground.
But not all rocks are as mineral-packed as you'd think. So to clear things up, Ian breaks down the misconception that every rock is essentially a mineral mosaic.
鈥淣ot all rocks are composed of minerals,鈥 Ian says.
鈥淚n simple terms, minerals are naturally occurring inorganic solids with a definite chemical composition and crystalline structure.
鈥淐oal, for example, is a rock made up of ancient vegetation (hence we can burn it for energy), but strictly speaking, this material is not a mineral.鈥
We know minerals are everywhere 鈥 which might make you think they鈥檙e pretty common, and therefore not in short supply.
But as the world races to curb the effects of climate change, the kind of materials in high demand is changing. And from electric vehicle batteries to solar panels, minerals are the backbone of the energy transition.
Sinead Kaufman, our Chief Executive of Minerals, explains why minerals are more critical than ever.
鈥淐lean-energy technologies often require more critical minerals than their traditional counterparts,鈥 Sinead says.
鈥淎n electric car, for example, uses around five times more minerals than a combustion engine, and a wind farm on land uses around eight times more minerals than a conventional gas-fired power plant with the same capacity.
鈥淪o demand for critical minerals will grow rapidly 鈥 in 2020, the World Bank estimated that minerals such as graphite, lithium and cobalt could increase production by nearly 500% by 2050.鈥
People often think mining's just the actual extraction and processing of materials.
But a huge part of our operations involves what happens after mining ends.
Santiago, our Manager for Closure Research and Development, explains how rehabilitating and rejuvenating the lands we operate on creates spaces that create value for communities and the environment long after a mine closes.
鈥淭here鈥檚 this perception that we just pack up and call it a day鈥 far from it,鈥 Santiago says.
鈥淲e make sure we close all our sites down responsibly and sustainably, because we believe there鈥檚 an opportunity for a fresh start.
鈥淭hrough our operations we are connected to a varied and vast landholding and with that comes a great responsibility and a great opportunity to make sure the future of these areas is carefully considered.
鈥淏ack in 2021, we teamed up with RESOLVE to launch Regeneration Enterprises. It's all about a fresh approach to mining where we work with the community to revive old mine sites by re-mining left-over materials to ultimately restore land.
鈥淎nd this is just one way we鈥檙e using science to remediate sites more sustainably. We鈥檝e joined a project to learn how microbes could help us, and we鈥檝e even managed to re-plant ecosystems without topsoil.
鈥淭here鈥檚 a lot riding on getting this right but we鈥檙e confident we can improve outcomes for mines 鈥 potentially around the world.鈥
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