Copper is not a commodity. It is civilization. Every wire in every building in every city on earth needs copper. That demand never disappears.
The world is going to run on copper. If you want to understand the energy transition, start by understanding copper. Everything electrifies through copper.
I don't look for good deposits. I look for world-class deposits. There is an enormous difference, and it determines everything downstream.
Copper is going to be one of the most critical metals for the energy transition. We are positioning Rio Tinto to benefit from that long-term trend.
Copper is the metal of the energy transition. The world simply does not have enough of it to meet what electrification demands, and that gap is going to grow.
The OZ Minerals acquisition gives us a significant copper growth platform in a Tier 1 jurisdiction, and that is exactly what we want to own more of.
Copper is the metal of the energy transition. The world needs vastly more of it than currently exists in any pipeline.