OUR BUSINESS
We operate in 15 countries where our 1300 employees are working to find better ways
to provide the materials the world needs
Our portfolio includes iron ore, copper, aluminium and a range of other minerals and materials needed for people, communities and
nations to grow and prosper, and for the world to cut carbon emissions to net zero. We continuously search for new projects that can support the energy transition, currently exploring for 10 commodities across globe.
We have more than 150 years of extraction and processing experience guiding our work. Today, our business relies on technology such as
automation and artificial intelligence to help us run safer, more efficient operations and leave a lighter footprint.
Our purpose is at the core of everything we do. It inspires our efforts and guides our decisions.
Our strategy will move our business, customers, partners and the world forward.
Accelerate the decarbonization of our assets
Switch to renewable power, electrifying processing and running electric mobile fleets.
Develop products and technologies that help our customers decarbonize
Partner with clients and suppliers and invest in R&D to reduce emissions across our value chains
Grow in materials essential for the energy transition
Aim to grow in commodities such as copper, aluminum, high-grade iron ore, lithium and other critical minerals
Achieve impeccable ESG
Align our priorities with community expectations and consider sustainability in all decisions.
Become the best operator
Expand our capabilities and empower our people to improve our operational performance.
Excel in development
Grow and develop our pipeline of opportunities, and build our capabilities and partnerships
for capital-efficient delivery.
Strengthen social licence
Earn trust by building meaningful relationships & partnerships, continuing to listen & learn.
Our people, culture and values create an environment where everyone feels safe, respected and empowered, so we can continue to find better ways together
Care
Care about the safety of ourselves and
others, creating an environment of trust,
impact we have on our colleagues and
others, communities and environment.
Courage
Courage to show vulnerability, speak up
and challenge when we can do better,
and take ownership of our actions and
outcomes to drive performance
Curiosity
Curiosity to learn and grow in the fields
of expertise, look for opportunities to
solve problems with innovation, and be
open to different perspectives
Our business model helps us deliver value that matters to our stakeholders
1. EXPLORE & EVALUATE
We use new and advanced technologies to explore, discover and deliver attractive growth opportunities, focusing on materials essential for the energy transition.
2. DEVELOP & INNOVATE
We use some of the newest and most advanced technologies in the world to discover and unlock the value of new growth opportunities.
3. EXTRACT & PROCESS
Driven by our vision to be the most successful explorer in the industry, we invest throughout commodity price cycles with a focus on materials essential for the energy transition.
4. MARKET & DELIVER
We consider new commodities and products with an understanding of customers’ and communities’ needs, while maintaining a diverse, balanced and dynamic portfolio.
5. RENEW & REUSE
We are mindful of our potential future social and environmental impact and are committed to building sustainable, respectful and mutually beneficial relationships with the communities in which we operate.
Underpinned by disciplined capital allocation
Our business is underpinned by a disciplined approach to capital allocation; we strive to use every dollar prudently. Today, our balance sheet is a key strength, providing a resilient platform for strong and consistent shareholder returns, as well as enabling us to invest throughout the commodity cycle.
163
Proposals
57
Approvals
08
Completion
02.257.000.00
Man Hours
$03.000.000.000.00
Value
$510.000.000.00
Revenue
Underpinned by disciplined capital allocation
Overseen by our Board – Our success depends on effective and responsive corporate governance. Our Board oversees how we deliver on our purpose and strategy and monitors our culture to make sure it aligns with our values. The Board also oversees how we manage social and environmental risks and monitors our performance to ensure we generate value for shareholders while our business contributes to wider society
Reflected in remuneration – Our Remuneration Policy is designed to support the delivery of our strategy in a responsible and sustainable way that reflects our purpose and values. It considers our financial and safety performance, our culture and our ESG measures, such as accelerating decarbonization and strengthening our social license.
Tracked and measured – We measure our strategic progress through a mix of financial and non-financial key performance indicators (KPIs) that align with our purpose and strategy. In addition to key financial, operational and safety performance metrics, we track progress across ESG themes including gender diversity and greenhouse gas (GHG) emissions.