Strong Foundation for Growth, Decarbonisation and Shareholder Returns slide image

Strong Foundation for Growth, Decarbonisation and Shareholder Returns

MACC project*: Rio Tinto Fer et Titane energy efficiency Project summary: Decrease natural gas and reductant consumption by various energy efficiency initiatives Business case overview: First abatement 2021 Details: Optimising operation parameters with lean indicators and new instrumentation to improve the process for rotary kiln at the Ore Preparation Plant Increase valorisation of the CO gas produced on site (by-product of the ilmenite smelting process) to displace natural gas at the Up-Graded Slag plant's boilers More energy efficiency projects on the way to deliver more abatement in the coming years Abatement (2025) >32ktpa CO₂e MACC (US$/tCO2) <$0/t CO₂e *Marginal Abatement Cost Curve for Scope 1 & 2 emissions Under assessment through the planning process. The project has a positive NPV at a carbon price of zero Rio Tinto ©2022, Rio Tinto, All Rights Reserved 38
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