Strong Foundation for Growth, Decarbonisation and Shareholder Returns slide image

Strong Foundation for Growth, Decarbonisation and Shareholder Returns

Climate and value chain: - H1 2021 highlights Signed a charter agreement with Singapore's ship management company Eastern Pacific Shipping for three liquefied natural gas dual-fuel Newcastlemax bulk carriers, to further reduce our scope 3 shipping emissions. Charge On Innovation Challenge, along with other Founding Patrons: BHP and Vale, and in partnership with Australia's Mining Equipment, Technology and Services (METS) industry body Austmine. Partnership with the Australian Renewable Energy Agency (ARENA) to study whether hydrogen can replace natural gas in alumina refineries to reduce emissions. MoU with Schneider Electric to develop a circular and sustainable market ecosystem for both companies and their customers. MoU with POSCO, the largest steel producer in South Korea and one of the world's leading steel producers, to jointly explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain. MoU with InoBat, a European battery technology and manufacturing company, to work together to accelerate the establishment of a "cradle to cradle" battery manufacturing and recycling value chain in Serbia. Joined Japan's Green Value Chain Platform Network (GVC Network), a collaboration established by the Japanese Ministry of the Environment to lead transparent decarbonisation efforts in the country. Rio Tinto ©2022, Rio Tinto, All Rights Reserved 43
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