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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
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We’re targeting net zero emissions by 2050
Nature solutions
Our nature-based solutions projects complement the work we're doing to reduce our Scope 1 and 2 emissions
Enabling ESG transparency
Our START™ initiative tracks traceability and responsible production of Rio Tinto materials.
We aim to deliver superior returns to our shareholders while safeguarding the environment and meeting our obligations to wider society
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Refuelling the mining industry
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How we're working to decarbonise iron ore and steel
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ULAANBAATAR, Mongolia -- The Ministry of Environment and Tourism of Mongolia and Rio Tinto Mongolia have signed a Memorandum of Understanding today to work together in combating climate change and desertification, agreeing to collaborate in the following areas over 2022-2026:
At a time when climate change challenges, including carbon emissions, global warming, and desertification, are coming under a sharp focus globally and instigating increased international efforts, the signing of this Memorandum of Understanding between the Mongolian government and a large private sector representative is a significant milestone in implementing Sustainable Development Goals and combating climate change in urban and rural areas in Mongolia.Addressing this cooperation, Minister of Environment and Tourism B.Bat-Erdene said “Due to its geographical location, climate factors, and the fact that its economic sectors are largely dependent on weather and climate, Mongolia is one of the countries that are most vulnerable to climate change globally. Placing a significant emphasis on combating climate change nationally for Mongolia, we have incorporated this priority in our New Recovery and Green Development policies. By establishing the Memorandum of Understanding today, we will be working together with Rio Tinto to implement projects and initiatives aimed at contributing to achieving our goals nationally and delivering on our commitments under the Paris Agreement within the United Nations framework on climate change.”Rio Tinto Mongolia Country Director Kh.Amarjargal said “This collaboration with the Ministry of Environment and Tourism aligns with our company’s objective to reduce greenhouse gas emissions and contribute to combating climate change. With operations in 35 countries around the world, Rio Tinto is working towards an ambitious goal to reach carbon neutrality by 2050. I am very pleased that, within the framework of this cooperation, we will be helping bring international best practice and technological solutions into Mongolia and contribute to the delivery of Mongolia’s sustainable development goals.”With the Memorandum of Understanding coming into effect, the Parties will establish a joint working group to develop and execute projects and initiatives animated at combating climate change and desertification and, to an extent, contribute to implementing the 2030 Sustainable Development Goals. As part of the cooperation, parties will seek to explore how to implement international best practice and determine scientific solutions to deliver on Mongolia’s 2025 target to combat forest pests.The global average temperature has warmed by 0.86°С in the last 100 years, while Mongolia’s average temperature rose by 2.25°С in the last 80 years. Furthermore, the occurrence of natural and climate disasters, including forest fire, drought, and dzud, has doubled over the last 20 years in Mongolia.ContactsMinistry of Environment and TourismB.Uurtsaikh+976 8803 8882B.Mandakhmandakh@mne.gov.mn+976 8510 0098Rio Tinto MongoliaAnudari Enkhbaataranudarie@riotinto.com+976 9510 5637Category: Oyu Tolgoi