The plan includes a lithium-ion battery energy storage system that would help power the miner’s entire Pilbara power network.

Rio last month reported a 3% drop in iron ore shipments for 2019.

How are major companies addressing market changes driven by the coronavirus outbreak, geopolitical tensions and natural disasters?

Last updated in 2003, the fresh set of principles respond to increased pressure for miners to carry out socially-responsible investments and operations.