Green transition tailwind at our backs: Rio and BHP

Original article by Cameron England
The Australian – Page: 20 : 2-Oct-24

Rio Tinto Jakob Stausholm says the energy transition is at the heart of the resources group’s strategy. He has used a London Metals Exchange speech to argue that while the transition to net zero emissions is underway, it is not occurring quickly enough; he adds that the energy transition will significantly boost demand for the minerals that Rio Tinto produces, including copper, aluminium, lithium and high-grade iron ore for ‘green’ steel. Meanwhile, BHP has forecast that the energy transition will boost global demand for copper.

CORPORATES
RIO TINTO LIMITED – ASX RIO, BHP GROUP LIMITED – ASX BHP, LONDON METAL EXCHANGE LIMITED

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