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’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
Climate Change
We’re 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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If you want to drive real change, we have just the place to do it
Empowering families with flexibility
Supporting new parents of any gender with equal access to parental leave
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For broadcaster OJ Borg, ditching the car in favour of an electric bike was a no brainer. He joined our General Manager of Technical Development Jared Osborne, host Dr Anna Ploszajski and bicycle expert Tony Hadland in our Things You Can’t Live Without podcast to discuss the rise in popularity of the electric bike and the role lithium plays in charging them.
Before we look at the origins of the electric bike, let’s look at where the pedal-powered bike started. Contrary to some beliefs, bicycle expert Tony Hadland says Leonardo da Vinci did not invent the bike.
“The real ancestor of the bike was invented in 1817 in Germany and was known as a hobby horse - it was basically like a balance bike for adults,” Tony says.
“The French revised the idea with pedals fixed to the front, but they were so uncomfortable they became known as bone shakers.”
The high wheel bicycle, or penny-farthing as it was more commonly known, came shortly after the bone shaker in an attempt to go longer distances with each turn of the pedal.
The bikes we ride today didn’t appear until the 1880s when chain drive technology was adopted. This basically allowed the wheels to rotate 2 or 3 times which each turn of the pedal.
It wasn’t until 1881 that the first patent for an electric bike was taken out in France.
“It didn’t go into production because this was only 10 years after the first rechargeable battery had been produced and the technology wasn’t good enough,” Tony says.
“Over the following century many e-bike designs were tried in Germany, France, Netherlands and the US but none caught on in a lasting way.”
In the US, that was a battery-powered bike which featured a motor inside the rear wheel and was patented in 1895 by Ogden Bolton Jr1.
Fast forward a century and Japanese automotive giant, Yamaha was at the forefront of electric bike innovation2 with investigations starting in the late 1970s. They had developed a prototype by 1989 and introduced the world’s first pedal assist system by 1993. In the UK, electric bike popularity only soared after legislation which treated them like mopeds, requiring licences, road tax and insurance, was changed. But take-up remained low and even now lags behind places like the Netherlands and China.
The 21st century marked a time of transformation and significant sales growth3 for the electric bike industry. During the COVID-19 pandemic, sales soared when the type of activity people could take part in was restricted.
As our population grows, streets become more congested and, in a bid to reduce carbon emissions, many are ditching their combustion engine cars in favour of more sustainable transport, like electric bikes.
One of those people is broadcaster, OJ Borg, whose electric bike is now his main form of transportation.
“I can’t stand driving the car because it’s so much easier to take the bike,” OJ says.
“I don’t have to worry about parking it - you can normally nip down bike lanes if you’re lucky enough to have them in the city you live in.”
As battery technology improves, electric bikes are becoming a more popular and practical choice for commuters and families globally. Besides the cost savings in comparison to an electric car, electric bikes also encourage physical activity and are a major step forward in reducing pollution when compared to other forms of transport. Cargo bikes, which allow riders to move family members, groceries, and other goods from a to b are also gaining in popularity.
From the aluminium frame to the expanded polypropene used in the cargo boxes lugging children or goods around, there are several minerals and metals that go into a single electric bike. There’s aluminium in the wheels, likely stainless steel in the spikes and either natural or synthetic rubber in the tyres. But one of the most important elements of an electric bike is lithium. Lithium is needed for low carbon technologies, like the batteries that power electric bikes. Discovered more than 200 years ago, lithium was initially used to lubricate greases and is now one of the main ingredients in the batteries that power electric cars and bikes.
Lithium is a finite resource, which means once it’s mined and used, it’s gone. But our General Manager of Technical Development, Jared Osborne, says we have enough of it, it’s just a matter of getting to it.
“There’s in the order of the order 80-100 million tonnes of identified lithium globally in about 400 different deposits. That should be more than enough to assist with the energy transition,” Jared says.
“What we need to do to meet the demand is a combination of opening new mines and ramping up existing mines. It will also be important that we access this additional production using renewable energy for the extraction.”
Our lithium projects could help meet this demand as the world decarbonises.
Just like electric cars, the variety of electric bikes continues to increase as technology improves and becomes more accessible. The electric bike market is expected to more than double by 2030. But community members are the real winners - as demand increases, so too does the need for more long-term infrastructure, like charging stations and bike ways.
Want to learn more about lithium and its use in electric bikes? Listen to OJ, Jared, Tony and Dr Anna on Things You Can’t Live Without.
1https://patents.google.com/patent/US552271A/en
2https://global.yamaha-motor.com/business/e-bike-systems/30th/
3https://www.bicycleassociation.org.uk/news-press/ba-report-covid-cycling-boom-will-triple-e-bike-sales-by-2023/
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