Finding better ways to provide the materials the world needs
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The drive for innovation and continuous improvement is at the heart of our purpose
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Climate change is at the heart of our business strategy
Innovation
Finding better ways to do things is in our DNA
We supply the metals and minerals used to help the world grow and decarbonise
Iron Ore
The primary raw material used to make steel, which is strong, long-lasting and cost-efficient
Lithium
The lightest of all metals, it is a key element needed for low-carbon technologies
Copper
Tough but malleable, corrosion-resistant and recyclable, and an excellent conductor of heat and transmitter of electricity
Bringing to market materials critical to urbanisation and the transition to a low-carbon economy
Oyu Tolgoi
One of the most modern, safe and sustainable operations in the world
Rincon Project
A long-life, low-cost and low-carbon lithium source
Simandou Project
The world’s largest untapped high-grade iron ore deposit
Providing materials the world needs in a responsible way
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We’re targeting net zero emissions by 2050
Tailings
Details of our tailings facilities can be found on our interactive tailings disclosure map
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The strength of our relationships with the communities where we operate, and broader society, is fundamental to our business
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
North America site visit, 24 September 2024
An investor site visit to our Aluminium operations in the Saguenay and our Iron & Titanium business in Sorel, Quebec, Canada
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Montreal - The Iron Ore Company of Canada (IOC) and College of the North Atlantic (CNA) signed today a Memorandum of Understanding (MOU) to collaborate on the development of new skills aligned with the latest advancements in mining technology. IOC will invest C$2 million over three years in this initiative.
IOC is gradually implementing new, more technically advanced systems as well as autonomous and highly instrumented equipment to continue improving its safety performance and competitiveness. This digital transformation creates the need to help current employees develop different skillsets and to establish a pipeline of qualified, local talent for the future.
IOC and CNA will co-operate across three main areas: workforce development, work assignments for college students and faculty, and applied research opportunities in the mining sector. In addition to the creation of new future skills training programs for the mining industry at the college, the MOU is expected to lead to the development of internship opportunities at IOC.
IOC President and Chief Executive Officer Clayton Walker said “Moving forward with modernization of our operations is critical to lay a solid foundation for the future of IOC. As we progress on this journey, there is nothing more important than to invest in our people to ensure they have the right skills for the new jobs that are being created through technological innovation. We are very pleased to collaborate with College of the North Atlantic to ensure we can develop local talent here in Labrador.”
CNA President and Chief Executive Officer Liz Kidd said “CNA is excited to be able to provide strategic solutions and offer training opportunities to a major industry leader, like IOC. This collaboration will result in numerous ways to improve how they do business in this continuously growing sector. We look forward to working with IOC to develop specialized training and educational programs and ensure the right people possess the appropriate skills to excel in their roles within the company. This agreement reflects the fact IOC is innovative in its strategy for success in new and competitive markets that will resonate well into the future.”
The Honourable Tom Osborne, Minister of Education, said “I applaud IOC and College of the North Atlantic for this innovative partnership, which will help support growth of a pipeline of world-class local talent for high-demand industries in Newfoundland and Labrador. Through this partnership and its resulting programs, current and future IOC employees will gain relevant technical skills and experiences to keep pace with the implementation of new industry technologies.”
The Honourable Andrew Parsons, Minister of Industry, Energy and Technology said “Innovation and technology are very important to the growth and future development in Newfoundland and Labrador. As the mining industry evolves, our strong innovative skillset will enhance exploration methods, techniques, equipment and technology. By collaborating with businesses and educational institutions on this MOU, we are aligning program delivery and design to meet the needs of this significant industry in our province.”
Contacts
Rio Tinto
Simon Letendre
Director, Media Relations – Canada and US
C: +1 514 796 4973
simon.letendre@riotinto.com
College of the North Atlantic
Michelle Barry
Communications Manager
T: +1 709 643 7721
michelle.barry@cna.nl.ca
Department of Education
Tina Coffey
Media Relations Manager
T: +1 709 729 1906
tcoffey@gov.nl.ca
Department of Industry, Energy and Technology
Eric Humber
T: +1 709 729 2691
ericHumber@gov.nl.ca
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