Pub 9 2021 Issue 1

Poured $1.2 billion into Utah’s economy last year Take a closer look at kennecott.com As a long-time member of the community, supporting and enhancing a sustainable local economy is important to us. We have invested $1.2 billion into the economy through salaries, bene ts, taxes and local purchases. And we have plans to continue investing well into the future. At Kennecott, we are proud to help make Utah an economic leader. Our Kennecott mine is a world-class, integrated copper mining operation located just outside Salt Lake City, Utah, in the United States. Did you know? Kennecott’s copper: • Includes recycled scrap metal, helping reduce waste: In 2018 alone, we recycled more than 2.8 million pounds of copper scrap metal – enough to provide the electrical wiring in 6,400 new homes. • Is powered by renewable energy: By retiring its coal-fired power plant in 2019 and purchasing renewable energy certificates instead, Kennecott reduced its annual carbon footprint by around 65%. And in 2019, Kennecott was awarded Clean Air Business Partner of the Year from the Utah Clean Air Partnership for its collaboration in solving air quality challenges. • Like all the materials we produce, our copper is essential for the future. Copper is the best non-precious conductor of heat and electricity on the planet. Because it can help things work more efficiently, copper will play an important part in the transition to a low-carbon economy. For example, a single 1MW wind turbine uses three tons of copper. And electric vehicles have a copper intensity 3-4 times higher than traditional vehicles. • Kennecott and Oyu Tolgoi’s copper has been assessed against 32 criteria – based on the United Nations Sustainable Develop- ment Goals – across the environment, social, and governance categories. These include health and safety, emissions, human rights, and community development. • We think copper is cool for so many reasons: it is tough but malleable, 100% recyclable, corrosion-resistant, and its antimi- crobial properties can even help keep us safe. • In 2020, our Kennecott copper mine in Utah, US, and Oyu Tolgoi, in Mongolia, became the world’s first producers to be awarded the Copper Mark – the industry’s independent assurance program – verifying the copper is responsibly produced. • 6.2M pounds Copper Scrap Recycled Each Month at Kennecott in 2020. • Copper also promises to play an essential role in the transition to the low-carbon economy. Just one 1MW wind turbine, for exam- ple, uses three tonnes of copper. And electric vehicles have a copper intensity 3-4 times higher than traditional vehicles. As a result, global demand for copper is set to grow 1.5%-2.5% per year, driven by electrification and increasing requirements for renewable energy. X FOCUS 19