Finding better ways to find the materials the world needs
Oyu Tolgoi is one of the largest known copper and gold deposits in the world. It is also one of the most modern, safe and sustainable operations in the world
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From the days of antiquity, copper has been used for its many benefits: tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity. Copper is also antimicrobial, helping to keep us safe from infection.
Today, we use copper in pots and pans, in the water pipes in our homes, and in the radiators in our cars. Copper also plays an essential role in computers, smartphones, electronics, appliances and construction.
Copper also promises to play an essential role in the transition to the low-carbon economy. Just one 1MW wind turbine, for example, uses three tonnes of copper. And electric vehicles have a copper intensity 3-4 times higher than traditional vehicles. As a result, global demand for copper is set to grow 1.5%-2.5% per year, driven by electrification and increasing requirements for renewable energy.
Copper has many important jobs, but it is hard to beat helping people hear for the first time. How? Copper is used as a tiny antenna in many hearing aids. And bonus: it has antimicrobial properties too, meaning it helps keep bacteria away.
Copper is the best non-precious conductor of heat and electricity on the planet. So it is found in everything from the electrical wiring in your house to renewable power sources like wind turbines. And because it can help things work more efficiently, it is going to play an important part in a more sustainable future.
Our very first mine was a copper mine on the banks of the Rio Tinto river, in Andalusia, Spain – bought in 1873 by a British-European investor group led by Scottish entrepreneur Hugh Matheson.
Today, our copper operations around the world are at various stages in the mining lifecycle, from exploration to rehabilitation. At each of our copper operations, we use leading-edge technologies that drive safe, efficient and productive methods of extracting, processing and refining copper, supplying customers in China, Japan and the US.
Oyu Tolgoi, in the South Gobi region of Mongolia, is one of the largest known copper and gold deposits in the world. When the underground mine is complete, it will be the fourth-largest copper mine in the world.
Our Kennecott mine is a world-class, integrated copper mining operation located just outside Salt Lake City, Utah, in the United States. Our Kennecott mine produces gold, silver and tellurium as byproducts of our copper mining. We’ve also progressed pre-feasibility studies further push back the northern wall to extend open-pit mining beyond 2032, and are advancing studies to support an underground mine below the existing open pit, due to be complete by 2024. Potential underground mining would occur concurrently with open pit operations and result in increased output.
Closing the plant and acquiring renewable energy certificates will remove more than one million tons of carbon dioxide every year from Kennecott’s Wasatch Front operations, reducing its annual carbon footprint by as much as 65%. The renewable energy certificate program is Green-e energy certified, and meets the environmental and consumer-protection standards set by the Center for Resource Solutions.
In 2020 Kennecott and Oyu Tolgoi became the first producers to be awarded the Copper Mark, the copper industry’s new independent responsible production programme. To achieve the Copper Mark – developed according to the United Nations Sustainable Development Goals – Kennecott's and Oyu Tolgoi's copper was assessed against 32 criteria covering Environment, Community, Business and Human Rights, Labour and Working Conditions and Governance.
At the Resolution Copper Project in the US, we continue ongoing stakeholder engagement in our effort to seek consent to progress the project consistent with the International Council on Mining and Metals (ICMM) Statement on Indigenous Peoples and Mining.
And in 2020 we announced the maiden Resource at Winu, a copper and gold project in Western Australia with the potential to become a large-scale operation over time.
Operations awarded the Copper Mark, verifying copper from Kennecott and Oyu Tolgoi is responsibly produced
Copper growth projects in the US, Mongolia & Australia
The world needs better, cleaner, and more responsible ways to produce copper. Our new venture Nuton is a suite of technologies built on nature-based alchemy. These bio-heap leaching technologies offer the potential to unlock new sources of the much-needed metal while also producing it in a more sustainable way.
Copper is the best non-precious-metal conductor of heat and electricity on the planet, so items that contain copper tend to operate more efficiently. According to the International Copper Association (ICA), using more copper in motors and appliances can reduce carbon dioxide emissions by 1.25 gigatonnes – equivalent to taking half a billion cars off the road.
Renewable energy systems – like solar, wind and hydropower – rely on copper to generate and transmit energy with maximum efficiency.
Copper is the primary conductor in the world’s electrical infrastructure, contributing to the electrification of transportation. For example, electric vehicles have a copper intensity 3-4 times higher than traditional vehicles.
Copper is 100% recyclable, and it can be recycled without losing any of its properties, including its high conductivity. The majority of the around 550 million tonnes of copper produced since 1900 is still in use today, according to the ICA. At our Kennecott operations in the US, we offer our smelting services to other concentrate producers and are able to use our facilities to purify copper from recycled scrap, such as old copper wiring. In fact, we have been smelting recycled scrap since 2005 and have processed up to 2.8 million pounds of copper from scrap per year, enough to provide the electrical wiring in 6,400 new homes.
Copper is naturally antimicrobial, and using copper surfaces in hospitals reduces the spread of infection in hospitals. According to the ICA, copper kills nearly all bacteria, keeping surfaces clean for longer.
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