Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake Metropolis are on the frontline of America’s changeover to clean vitality.
Global need for copper, a key element of electric powered motor vehicles, is predicted to improve from 25 million metric tons to approximately 49 million metric tons by 2035, in accordance to S&P International.
But miners deal with a multitude of issues as they ramp up generation, like addressing the fears of neighborhood stakeholders, mitigating environmental destruction and working in distant areas of the planet.
“You will find going to be a authentic challenge with this transition over the following ten many years,” mentioned Tyler Broda, metals and mining analyst for RBC Money Marketplaces. “It is really, pretty tricky for these providers to even sustain the degree of generation that they have at the instant.”
Jointly based mostly in Australia and the United kingdom, Rio Tinto is 1 of the world’s premier mining organizations with jobs in 35 countries. It has 17 iron ore mines in Western Australia that generate materials utilized in metal, as properly as mines that create aluminum, diamonds, and boron, a element utilised in smartphones.
So what is Rio Tinto performing to ramp up manufacturing of its crucial minerals company? CNBC obtained a behind the scenes seem at Rio Tinto’s Utah operation to obtain out.
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