Strong Foundation for Growth, Decarbonisation and Shareholder Returns
Our products enable the energy transition and we need
to be part of net zero value chains
Customer partnerships
Iron ore
365Mt
CO₂e
Baowu / Tsinghua (2019)
Nippon Steel (2020)
Aluminium
145Mt
CO₂e
POSCO (2021)
BlueScope (2021)
Technology partnerships and investments
Blast furnace
optimisation
H₂ DRI
and melter
Pilbara
beneficiation
H₂ DRI
Canada
Low-carbon
research project
Simandou
2022 customer engagements
28% of our customers have public
targets and net zero ambition;
We will engage with our direct customers,
representing 75% of our iron ore scope 3
ELYSIS TM
On track for zero emission
technology to be available
for installation from 2024
Limited influence on power-related emissions
74% of our downstream aluminium value chain Scope
3 emissions are from our customers (and customer's
customers) use of electricity, predominantly in China
2022 customer engagements
We will engage with all our bauxite
customers to seek collaboration in
alumina refining decarbonisation projects
use of transition
fuels (LNG and
biofuels)
3
Partnering for
development of
net zero fuels
(green ammonia)
Net zero by 2050
1
2
from shipping of our products
Shipping
8.6Mt
CO₂e
Improving
existing vessels
Increasing
Net zero vessels in our portfolio by 2030 efficiency
40% intensity reduction by 2025
five years ahead of IMO deadline
Rio Tinto
©2022, Rio Tinto, All Rights Reserved
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