Mining giant Rio Tinto ramps up production of its critical minerals business

Global demand for metals such as copper, a major component of electric vehicles, is expected to grow to about 49 million metric tons by 2035. To meet this demand, mining companies such as Rio Tinto are trying to ramp up the production of critical minerals and are on the frontline of America’s transition to clean energy. Rio Tinto owns mines that produce aluminum, diamonds, and also boron which is a component used in smartphones.

Mining companies face several issues as they try to increase production, including:

  • Addressing the concerns of local stakeholders
  • Operating in remote regions of the world
  • Mitigating environmental damage

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