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These are the user uploaded subtitles that are being translated: 1 00:00:01,166 --> 00:00:02,166 [narrator] On Tomorrow's World Today , 2 00:00:02,166 --> 00:00:03,667 we explore the cutting-edge advances 3 00:00:03,667 --> 00:00:06,066 that are shaping four different worlds. 4 00:00:06,133 --> 00:00:08,467 The world of inspiration, where the wonders of 5 00:00:08,467 --> 00:00:11,166 the natural world amaze and inspire us. 6 00:00:11,166 --> 00:00:13,867 The world of creation, where ideas come to life 7 00:00:13,867 --> 00:00:15,667 from traditional arts. 8 00:00:15,734 --> 00:00:17,066 The world of innovation, 9 00:00:17,066 --> 00:00:20,266 where ideas and inventions move us all forward. 10 00:00:20,266 --> 00:00:21,767 The world of production, 11 00:00:21,767 --> 00:00:23,467 where innovations are mass-produced 12 00:00:23,533 --> 00:00:25,266 to improve our lives. 13 00:00:25,266 --> 00:00:27,467 From Inventionland World Headquarters, 14 00:00:27,467 --> 00:00:29,567 here's your host, George Davison. 15 00:00:31,500 --> 00:00:33,567 Hi, everybody, I'm George Davison. 16 00:00:33,567 --> 00:00:36,467 And in our last episode, we began to explore 17 00:00:36,467 --> 00:00:39,066 sustainable copper mining. 18 00:00:39,133 --> 00:00:40,667 You see, copper is the linchpin 19 00:00:40,734 --> 00:00:42,567 of our energy transition, 20 00:00:42,634 --> 00:00:44,767 powering renewable technologies 21 00:00:44,767 --> 00:00:47,467 and electrifying transportation. 22 00:00:47,533 --> 00:00:52,166 With over 65% of its global usage dedicated to electricity, 23 00:00:52,166 --> 00:00:54,266 its role is pivotal. 24 00:00:54,266 --> 00:00:56,767 So let's go rejoin field reporter Greg, 25 00:00:56,767 --> 00:00:59,100 who's in the world of production in Arizona 26 00:00:59,100 --> 00:01:02,967 to further explore how copper's at the forefront 27 00:01:02,967 --> 00:01:06,967 of our quest for a greener, more sustainable tomorrow. 28 00:01:10,100 --> 00:01:12,667 Copper plays an incredibly important role 29 00:01:12,667 --> 00:01:15,166 in our transition away from fossil fuels. 30 00:01:15,233 --> 00:01:17,367 It's a great conductor of electricity, which makes it 31 00:01:17,367 --> 00:01:20,567 an amazing partner for solar panels and wind turbines 32 00:01:20,567 --> 00:01:22,967 and other versions of renewable energy, 33 00:01:23,033 --> 00:01:26,266 and that's why we're here at Freeport-McMoRan in Arizona. 34 00:01:26,333 --> 00:01:29,266 I'm going to meet with Cory Stevens and learn why copper 35 00:01:29,333 --> 00:01:30,667 is a conductor of change. 36 00:01:36,467 --> 00:01:38,967 Cory, why is copper such an essential part 37 00:01:38,967 --> 00:01:41,367 of the clean energy transition? 38 00:01:41,367 --> 00:01:43,867 Yeah, so copper has a lot of unique attributes, 39 00:01:43,934 --> 00:01:45,867 but first and foremost is its ability 40 00:01:45,867 --> 00:01:48,066 to transmit electricity. 41 00:01:48,133 --> 00:01:50,066 It's a highly-efficient conductor. 42 00:01:50,133 --> 00:01:52,767 It's got great thermal conductivity characteristics. 43 00:01:52,767 --> 00:01:56,467 The electrical application accounts for 65% of the use 44 00:01:56,533 --> 00:01:58,166 for all copper on an annual basis. 45 00:01:58,166 --> 00:02:00,367 So I know that there are other conductive metals 46 00:02:00,433 --> 00:02:02,567 that we could use, gold, silver, or aluminum, 47 00:02:02,634 --> 00:02:04,967 but they don't have the longevity that copper has. 48 00:02:04,967 --> 00:02:07,567 So copper has a super long life cycle. 49 00:02:07,567 --> 00:02:09,867 For example, if you took all the copper that was mined 50 00:02:09,867 --> 00:02:13,066 from the early 1900s today, and looked at that 51 00:02:13,066 --> 00:02:15,867 in a combined state, about two-thirds of that's still in 52 00:02:15,867 --> 00:02:17,667 productive use today. -That's amazing. 53 00:02:17,734 --> 00:02:20,367 So a house that was wired up and built, maybe, say, 54 00:02:20,367 --> 00:02:22,767 in the early 1900s, could essentially have 55 00:02:22,767 --> 00:02:24,867 the same wiring in it today and still be in use. 56 00:02:24,867 --> 00:02:27,467 Yeah, exactly. 57 00:02:27,467 --> 00:02:30,567 You know, Cory, everybody is talking about EVs these days. 58 00:02:30,634 --> 00:02:32,066 Tell me about copper's role 59 00:02:32,133 --> 00:02:34,467 in the electrification of transportation. 60 00:02:34,467 --> 00:02:37,266 Yeah, so copper is a key enabler in allowing this 61 00:02:37,333 --> 00:02:38,266 technology to function. 62 00:02:38,266 --> 00:02:40,467 All the major components of an EV, 63 00:02:40,533 --> 00:02:43,567 whether it's the battery, the inverter, the wheel motors 64 00:02:43,634 --> 00:02:46,166 and the wiring that connects all those major components, 65 00:02:46,166 --> 00:02:49,000 that's what makes this technology come alive. 66 00:02:49,000 --> 00:02:52,767 The copper intensity of an EV is about three to four times 67 00:02:52,834 --> 00:02:55,467 what you would normally see in an internal combustion engine. 68 00:02:55,533 --> 00:02:57,867 Then you have the charging infrastructure and you can see 69 00:02:57,867 --> 00:03:02,367 from the cabling here, this is packed dense with copper, 70 00:03:02,367 --> 00:03:04,867 and it really leverages that conductivity that we were 71 00:03:04,867 --> 00:03:06,367 talking about before, 72 00:03:06,367 --> 00:03:07,567 and then within this housing, 73 00:03:07,567 --> 00:03:09,467 there's additional copper features 74 00:03:09,533 --> 00:03:11,100 that allow it to connect to the grid 75 00:03:11,100 --> 00:03:13,767 and supply that energy to the vehicle. 76 00:03:13,767 --> 00:03:16,567 And then the grid itself is another part of that copper 77 00:03:16,634 --> 00:03:19,066 intensity because the copper is used to transfer that power 78 00:03:19,066 --> 00:03:21,767 to the charger and then from the charger to the vehicle. 79 00:03:21,834 --> 00:03:23,266 Right, and so with the grid, 80 00:03:23,333 --> 00:03:25,567 the way that the energy makeup is today, 81 00:03:25,634 --> 00:03:29,667 EVs are 50% more efficient than an internal combustion 82 00:03:29,734 --> 00:03:31,767 engine on a carbon basis. 83 00:03:31,767 --> 00:03:34,667 As the grid continues to decarbonize through renewables 84 00:03:34,667 --> 00:03:37,767 and otherwise, right, that's only going to make EVs 85 00:03:37,767 --> 00:03:40,066 that much cleaner as time goes on. 86 00:03:40,066 --> 00:03:41,967 Right. So as time goes on, too, one of the things 87 00:03:41,967 --> 00:03:42,967 that we have to consider 88 00:03:43,033 --> 00:03:44,767 is that as much as we would like to believe 89 00:03:44,834 --> 00:03:46,667 that our vehicles will last forever, 90 00:03:46,734 --> 00:03:48,367 we know that they will not. 91 00:03:48,433 --> 00:03:50,567 So when this vehicle has outlived its usefulness, 92 00:03:50,567 --> 00:03:52,066 it's got a lot of copper in it. 93 00:03:52,133 --> 00:03:53,567 What's going to happen to all that copper? 94 00:03:53,567 --> 00:03:55,867 Alright, so that's the beauty, is that copper 95 00:03:55,867 --> 00:03:58,266 is infinitely recyclable, right? 96 00:03:58,266 --> 00:04:01,367 And so as you get to the end of a life cycle for your EV 97 00:04:01,367 --> 00:04:05,367 or other equipment, you can take that copper out 98 00:04:05,367 --> 00:04:07,166 and reprocess it, and then it can go into 99 00:04:07,166 --> 00:04:09,066 a number of different other applications. 100 00:04:09,133 --> 00:04:10,233 That's great. 101 00:04:10,233 --> 00:04:12,967 Well, I know another really intensive copper application 102 00:04:12,967 --> 00:04:16,367 is in the creation of data centers and server farms 103 00:04:16,367 --> 00:04:17,567 and cloud creation. 104 00:04:17,634 --> 00:04:19,000 So I'm going to head down, I'm going to talk to Kevin 105 00:04:19,000 --> 00:04:21,166 from Encore Wire and find out more about that. 106 00:04:21,233 --> 00:04:22,333 -Thanks, Cory. -Great. 107 00:04:32,166 --> 00:04:34,066 Kevin, I was just talking with Cory 108 00:04:34,133 --> 00:04:36,166 about data centers and how incredibly important they are, 109 00:04:36,166 --> 00:04:38,567 and they are important, but they can't operate 110 00:04:38,634 --> 00:04:39,367 without what you do. 111 00:04:39,367 --> 00:04:40,367 Tell me about your company. 112 00:04:40,367 --> 00:04:41,266 That's correct. 113 00:04:41,266 --> 00:04:42,567 We're Encore Wire in McKinney, Texas, 114 00:04:42,567 --> 00:04:43,867 and we make building wire, 115 00:04:43,867 --> 00:04:46,066 and we use copper to make that building wire, 116 00:04:46,066 --> 00:04:49,066 and copper is what supplies the power to data centers, 117 00:04:49,133 --> 00:04:51,667 and I don't know that people really know the impact that 118 00:04:51,667 --> 00:04:54,066 data centers have on our daily lives, but from the time 119 00:04:54,066 --> 00:04:55,667 we wake up in the morning until we go to sleep, 120 00:04:55,734 --> 00:04:58,867 we are constantly engaged with a data center in some way. 121 00:04:58,867 --> 00:05:02,667 It's an incredible new phenomenon, I think that we've 122 00:05:02,734 --> 00:05:04,166 even seen over the pandemic where people have 123 00:05:04,233 --> 00:05:06,367 remote learning and those types of things, social media, 124 00:05:06,367 --> 00:05:07,867 it affects everything in our daily lives. 125 00:05:07,867 --> 00:05:10,166 Okay, well, tell me a little bit about the infrastructure 126 00:05:10,166 --> 00:05:12,467 within that data center and how your company 127 00:05:12,467 --> 00:05:13,467 deals with that. 128 00:05:13,467 --> 00:05:15,066 So we make the cables that bring the power 129 00:05:15,133 --> 00:05:17,166 into the building and then throughout the building. 130 00:05:17,166 --> 00:05:20,000 So it's basically a giant building with computers 131 00:05:20,000 --> 00:05:21,166 all over it, 132 00:05:21,166 --> 00:05:24,367 and those computers work 24/7, and they've got to be 133 00:05:24,367 --> 00:05:26,867 powered in an adequate way. and that's what we do. 134 00:05:26,934 --> 00:05:29,066 We supply all the wires and cables that go 135 00:05:29,133 --> 00:05:30,867 and power the data centers. 136 00:05:30,867 --> 00:05:32,467 What are some of the biggest challenges then 137 00:05:32,467 --> 00:05:34,767 that your industry faces? -Supply chain is huge. 138 00:05:34,767 --> 00:05:38,166 We saw the issues that went on through the pandemic and those 139 00:05:38,166 --> 00:05:40,567 who couldn't get their supply of whatever it was 140 00:05:40,634 --> 00:05:42,266 that they make, they couldn't serve their customers, 141 00:05:42,266 --> 00:05:45,867 and so Freeport-McMoRan has allowed us to grow incredibly 142 00:05:45,867 --> 00:05:48,166 during the pandemic and now the agreements that we've got 143 00:05:48,233 --> 00:05:49,767 with them and the friendship that we have with them 144 00:05:49,834 --> 00:05:53,166 really allowed us to do what we do, which is deliver wire faster 145 00:05:53,166 --> 00:05:55,567 and more complete than anybody else in our industry. 146 00:05:55,567 --> 00:05:58,000 Okay, well let's talk a little bit about that. 147 00:05:58,000 --> 00:06:00,367 Sustainability and making sure that things are responsibly 148 00:06:00,367 --> 00:06:03,467 produced has become important across all industries. 149 00:06:03,467 --> 00:06:05,100 How has that affected what you do? 150 00:06:05,100 --> 00:06:07,667 It really has, and we all know the world is becoming greener. 151 00:06:07,667 --> 00:06:09,867 Everybody's trying to do what they can to make the world 152 00:06:09,867 --> 00:06:12,967 a better place to live, and sustainably-sourced copper 153 00:06:12,967 --> 00:06:16,166 in our case is an incredibly important thing, not only to us, 154 00:06:16,233 --> 00:06:17,367 but to the people that we sell it to. 155 00:06:17,367 --> 00:06:19,967 So again, with that partnership with Freeport-McMoRan 156 00:06:20,033 --> 00:06:21,967 and our partnership with the Copper Mark, 157 00:06:21,967 --> 00:06:23,967 which basically is a stamp that says this 158 00:06:24,033 --> 00:06:25,767 is responsibly sourced, 159 00:06:25,834 --> 00:06:29,367 those types of things are allowing us to be able to get 160 00:06:29,433 --> 00:06:32,467 bigger and bigger jobs and expand our market share. 161 00:06:32,467 --> 00:06:34,166 Excellent. Kevin, thank you very much. 162 00:06:34,233 --> 00:06:35,500 Thank you, Greg. 163 00:06:56,500 --> 00:06:59,367 [Greg] In the rapidly evolving landscape of tomorrow's world, 164 00:06:59,367 --> 00:07:00,667 copper is essential 165 00:07:00,734 --> 00:07:02,467 for the infrastructure of the future, 166 00:07:02,467 --> 00:07:04,367 powering our renewable energy grids, 167 00:07:04,367 --> 00:07:06,767 enabling the electrification of transportation, 168 00:07:06,767 --> 00:07:08,266 and facilitating the growth of 169 00:07:08,266 --> 00:07:10,467 a digital and interconnected world. 170 00:07:10,467 --> 00:07:13,367 I'm at the Freeport-McMoRan Tech Center to explore how 171 00:07:13,367 --> 00:07:17,166 copper is a cornerstone of progress and sustainability. 172 00:07:17,166 --> 00:07:19,467 You know, Bert, when most people think of AI, 173 00:07:19,467 --> 00:07:22,166 they probably don't think of copper right off the bat, 174 00:07:22,166 --> 00:07:23,266 but here we are. 175 00:07:23,266 --> 00:07:27,266 Here's another example of copper being a vital yet 176 00:07:27,333 --> 00:07:31,000 invisible part of a new technology that is becoming 177 00:07:31,000 --> 00:07:32,767 more and more important to us every day. 178 00:07:32,834 --> 00:07:37,066 So tell me a little bit about copper's role in enabling 179 00:07:37,066 --> 00:07:40,066 connectivity and communication between AI servers 180 00:07:40,133 --> 00:07:41,467 and storage systems. 181 00:07:41,533 --> 00:07:45,266 First and foremost, AI has an insatiable demand 182 00:07:45,266 --> 00:07:46,767 for processing and for data. 183 00:07:46,767 --> 00:07:49,567 To be able to produce the amount of processing 184 00:07:49,634 --> 00:07:54,066 required that modern AI algorithms ask for to solve 185 00:07:54,133 --> 00:07:57,767 these hugely complex problems, we have networks and networks 186 00:07:57,767 --> 00:08:00,166 of these servers in parallel and data centers 187 00:08:00,166 --> 00:08:01,467 running in parallel. 188 00:08:01,467 --> 00:08:03,967 And all of those are interconnected, powered by 189 00:08:04,033 --> 00:08:06,066 copper, cooled by copper. 190 00:08:06,133 --> 00:08:08,767 Without copper, AI really doesn't exist today. 191 00:08:08,834 --> 00:08:11,567 Is the conductivity of copper itself, is that an important 192 00:08:11,634 --> 00:08:14,667 part of how this is working and why copper 193 00:08:14,667 --> 00:08:15,967 is such a vital part of it? 194 00:08:16,033 --> 00:08:20,467 Copper is the most efficient mechanism to drive that power 195 00:08:20,467 --> 00:08:21,567 and that cooling. 196 00:08:21,567 --> 00:08:24,467 Okay, well, as we look at AI and big data and look at how 197 00:08:24,467 --> 00:08:27,667 those jobs are exploding in the new information revolution 198 00:08:27,734 --> 00:08:29,266 out in the world, you're actually powering 199 00:08:29,266 --> 00:08:31,567 your own revolution within the mining industry. 200 00:08:31,634 --> 00:08:35,100 It's not just the programmers back in the data centers 201 00:08:35,100 --> 00:08:38,967 or in computing labs, but it's people in the field 202 00:08:39,033 --> 00:08:41,467 who are responsible for cabling sensors, 203 00:08:41,467 --> 00:08:44,266 configuring sensors, talking into networks. 204 00:08:44,333 --> 00:08:47,867 We have wires running through all of these mine sites that 205 00:08:47,934 --> 00:08:51,266 are cabled, that process the data and send it back to 206 00:08:51,333 --> 00:08:54,667 these cloud platforms which actually produce the AI. 207 00:08:54,667 --> 00:08:58,567 We have data analysts and data engineers who craft the data 208 00:08:58,567 --> 00:09:01,266 and structure the data to where it's reliable, 209 00:09:01,266 --> 00:09:02,266 it's cleansed, 210 00:09:02,266 --> 00:09:04,667 and our data scientists actually work with 211 00:09:04,734 --> 00:09:08,467 our operations teams to develop insights from the data 212 00:09:08,467 --> 00:09:11,467 iteratively to learn more and more about what's going on 213 00:09:11,467 --> 00:09:12,767 inside our business. 214 00:09:12,767 --> 00:09:16,367 It really has given us foundational new insights on 215 00:09:16,367 --> 00:09:18,367 how we process and how we operate. 216 00:09:18,367 --> 00:09:20,667 None of that really matters if you don't have the folks 217 00:09:20,667 --> 00:09:24,367 in the field, if their teams are not being able to use that data 218 00:09:24,367 --> 00:09:26,867 in order to be safer, more efficient, 219 00:09:26,934 --> 00:09:28,667 and more productive out in the field. 220 00:09:28,667 --> 00:09:30,667 Tell me a little bit about how that works. 221 00:09:30,667 --> 00:09:34,100 So a big part of our focus when we work with the teams 222 00:09:34,100 --> 00:09:37,467 in the field are to stay focused on, what are the problems 223 00:09:37,467 --> 00:09:38,533 they're trying to solve? 224 00:09:38,533 --> 00:09:40,667 What are the problems that we haven't historically been 225 00:09:40,667 --> 00:09:42,266 able to solve as an industry? 226 00:09:42,266 --> 00:09:44,667 We work with the folks in the field who are at 227 00:09:44,667 --> 00:09:47,567 the front line, at the face of the problem, who can describe 228 00:09:47,567 --> 00:09:51,567 what's actually going on, and who, if we provide 229 00:09:51,634 --> 00:09:54,367 the right insights and the right tools, can actually 230 00:09:54,367 --> 00:09:56,567 change what's actually happening in the field, 231 00:09:56,634 --> 00:09:59,567 which is what, in the end, is required for AI 232 00:09:59,634 --> 00:10:01,467 to really have an impact for our business. 233 00:10:01,467 --> 00:10:03,166 Excellent. Bert, thank you very much. 234 00:10:03,166 --> 00:10:04,200 Thank you. 235 00:10:09,767 --> 00:10:13,266 So Josh, as we talked about big data and AI and all 236 00:10:13,266 --> 00:10:15,066 of these technological advances that have happened 237 00:10:15,133 --> 00:10:17,767 over the last 50 years in the mining industry, 238 00:10:17,767 --> 00:10:21,567 it really has changed the face of mining, but the actual face 239 00:10:21,567 --> 00:10:22,767 of mining is changing too. 240 00:10:22,767 --> 00:10:25,166 As we walk through your facility, I see a lot of women 241 00:10:25,166 --> 00:10:26,000 in working positions. 242 00:10:26,000 --> 00:10:27,266 [Josh] Yeah, it's interesting. 243 00:10:27,266 --> 00:10:29,066 Historically, we've always had women in mining, but it was 244 00:10:29,133 --> 00:10:31,100 more in the administrative areas of the business. 245 00:10:31,100 --> 00:10:33,066 We recognize it was an opportunity to incorporate 246 00:10:33,133 --> 00:10:34,867 them in different parts, and it's been really, 247 00:10:34,867 --> 00:10:36,367 really successful over time. 248 00:10:36,367 --> 00:10:38,066 Speaking of successful, I'd like to introduce 249 00:10:38,133 --> 00:10:40,066 you to Sonia, a longtime Freeport employee 250 00:10:40,066 --> 00:10:41,567 who's in our Electrical Apprenticeship Program. 251 00:10:41,567 --> 00:10:42,567 -Hi, Sonia. -Hi. 252 00:10:42,634 --> 00:10:44,100 -Nice to meet you. -Nice to meet you. 253 00:10:44,100 --> 00:10:46,667 Well, Sonia, tell me about what you've been working on. 254 00:10:46,734 --> 00:10:48,166 I was working on the motor. 255 00:10:48,166 --> 00:10:50,166 So we do a preventive maintenance service on it. 256 00:10:50,166 --> 00:10:52,667 We pull off the cover, check the brushes, make sure 257 00:10:52,667 --> 00:10:56,166 that they have even wear, and blow out as much dust 258 00:10:56,233 --> 00:10:58,000 as we can from the compartment. 259 00:10:58,000 --> 00:10:59,867 Okay. Well, Josh says you're a longtime employee. 260 00:10:59,867 --> 00:11:01,567 How long have you been with Freeport? 261 00:11:01,567 --> 00:11:03,567 I am second generation. 262 00:11:03,634 --> 00:11:05,767 I have been with the company for 27 years. 263 00:11:05,767 --> 00:11:06,767 Wow, that's excellent. 264 00:11:06,767 --> 00:11:08,166 But now you're in the apprentice program. 265 00:11:08,233 --> 00:11:09,467 What would make you want to make that change 266 00:11:09,467 --> 00:11:10,567 after all that time? 267 00:11:10,567 --> 00:11:12,767 It was a good opportunity for me. 268 00:11:12,834 --> 00:11:15,767 Here in this industry or in mining, Freeport does offer 269 00:11:15,767 --> 00:11:18,066 a lot of different trades. 270 00:11:18,066 --> 00:11:19,467 It's like a world of opportunity. 271 00:11:19,467 --> 00:11:22,000 Excellent, so when you're done with your apprentice program, 272 00:11:22,000 --> 00:11:23,266 what will your title be? 273 00:11:23,266 --> 00:11:24,867 I'll be a journeyman electrician. 274 00:11:24,867 --> 00:11:26,367 You're a second generation miner, 275 00:11:26,433 --> 00:11:27,967 so I'm sure your family's really proud. 276 00:11:27,967 --> 00:11:29,667 Yes, yes, they are very proud. 277 00:11:29,734 --> 00:11:31,100 Great, well, we're gonna let you get back to work. 278 00:11:31,100 --> 00:11:33,266 -Thank you very much. -Okay, thank you. 279 00:11:33,333 --> 00:11:34,266 Josh, let's get out of here. 280 00:11:56,967 --> 00:11:58,967 [Greg] Trades in the copper industry encompass 281 00:11:59,033 --> 00:12:02,000 a range of essential skills, from mining and extraction 282 00:12:02,000 --> 00:12:04,066 to refining and fabrication. 283 00:12:04,133 --> 00:12:06,266 These skilled professionals play a major role 284 00:12:06,266 --> 00:12:08,266 in every stage of the mining process. 285 00:12:08,266 --> 00:12:10,867 I'm at Freeport-McMoRan Sierrita Operations 286 00:12:10,867 --> 00:12:12,166 with Andrea Vaccari 287 00:12:12,166 --> 00:12:14,367 to explore how careers in copper mining 288 00:12:14,367 --> 00:12:17,967 are another way that copper is shaping tomorrow's world. 289 00:12:17,967 --> 00:12:20,066 Andrea, one of the most exciting things that I have 290 00:12:20,133 --> 00:12:22,867 learned in my time here at Freeport-McMoRan is how many 291 00:12:22,867 --> 00:12:25,667 different kinds of jobs and opportunities are available. 292 00:12:25,734 --> 00:12:27,066 It's really kind of staggering. 293 00:12:27,133 --> 00:12:28,033 There really are. 294 00:12:28,033 --> 00:12:29,567 If you want to be an environmental scientist 295 00:12:29,634 --> 00:12:33,467 like me, if you want to work in big data and AI, if you're 296 00:12:33,467 --> 00:12:36,567 a trades person, if you want to be a mining engineer, right? 297 00:12:36,567 --> 00:12:39,266 We have just a whole plethora of jobs here at Freeport. 298 00:12:39,266 --> 00:12:42,166 Our workforce is 74,000 people strong. 299 00:12:42,166 --> 00:12:44,767 And you can feel good about working for us, right? 300 00:12:44,767 --> 00:12:47,567 We are helping the energy transition, but we're also 301 00:12:47,567 --> 00:12:50,567 working really hard to reduce our impact over time. 302 00:12:50,567 --> 00:12:52,367 So let's talk a little bit more about that. 303 00:12:52,367 --> 00:12:54,767 What is Freeport-McMoRan doing to reduce those carbon 304 00:12:54,834 --> 00:12:56,467 emissions, become more eco-friendly? 305 00:12:56,467 --> 00:12:58,767 About three or four years ago, we started to work on 306 00:12:58,767 --> 00:13:01,767 our global climate strategy, really looking at this 307 00:13:01,767 --> 00:13:04,266 aspiration to be net zero emissions by 2050. 308 00:13:04,333 --> 00:13:05,567 How do we get there? 309 00:13:05,634 --> 00:13:07,367 So the first stage of that really was to start 310 00:13:07,433 --> 00:13:08,567 to set targets. 311 00:13:08,634 --> 00:13:09,867 So how are we going to reduce the amount 312 00:13:09,934 --> 00:13:11,467 of emissions we produce? 313 00:13:11,467 --> 00:13:12,767 We've done that now. 314 00:13:12,767 --> 00:13:15,066 We now have four targets that cover 100% of our emissions 315 00:13:15,133 --> 00:13:17,166 globally, which is just amazing. 316 00:13:17,166 --> 00:13:19,266 It's something we're really proud of. 317 00:13:19,333 --> 00:13:22,567 Now, a part of that whole process was to say, what do 318 00:13:22,567 --> 00:13:23,867 we need to do to get there? 319 00:13:23,867 --> 00:13:25,567 So one of the first things we started focusing 320 00:13:25,567 --> 00:13:27,367 on was renewables. 321 00:13:27,367 --> 00:13:30,867 Down at our Cerro Verde mine in Peru we actually just 322 00:13:30,867 --> 00:13:33,467 signed a power purchase agreement that along with 323 00:13:33,467 --> 00:13:36,967 our other agreements will enable the operation by 2026 324 00:13:37,033 --> 00:13:39,867 to be completely fueled by renewable energy, 325 00:13:39,867 --> 00:13:41,667 and that's huge. That's a big accomplishment. 326 00:13:41,667 --> 00:13:44,066 It's one of the largest copper mines in the world. 327 00:13:44,066 --> 00:13:46,166 The other thing that we're working on is integrating more 328 00:13:46,166 --> 00:13:48,467 and more renewables here in the United States. 329 00:13:48,467 --> 00:13:52,000 We also have a huge mine in Indonesia. 330 00:13:52,000 --> 00:13:54,266 It's in the Central Papuan province, which is on 331 00:13:54,333 --> 00:13:55,667 the island of New Guinea. 332 00:13:55,667 --> 00:13:58,266 It is 3% of the world's copper. 333 00:13:58,266 --> 00:14:00,467 There's nothing small about this mine. 334 00:14:00,467 --> 00:14:02,367 We actually utilize coal power there. 335 00:14:02,367 --> 00:14:05,066 We have for many, many years due to the need for 336 00:14:05,133 --> 00:14:07,166 reliability, consistency of supply, right? 337 00:14:07,166 --> 00:14:09,667 You have almost 28,000 people working there. 338 00:14:09,667 --> 00:14:12,367 You need a huge amount of energy on an ongoing basis, 339 00:14:12,367 --> 00:14:14,467 but we recognize we can't keep doing that forever, 340 00:14:14,467 --> 00:14:16,867 and we set a target, right, to reduce our emissions there. 341 00:14:16,867 --> 00:14:20,266 So what we've done is two projects in the last few years. 342 00:14:20,266 --> 00:14:23,066 The first one is our dual-fueled power plant. 343 00:14:23,066 --> 00:14:25,166 Dual-fueled power plants can take two different kinds 344 00:14:25,166 --> 00:14:28,000 of fuel, biodiesel and natural gas. 345 00:14:28,000 --> 00:14:30,066 Currently, we've just commissioned the plant 346 00:14:30,133 --> 00:14:32,667 and it's been commissioned on biodiesel. 347 00:14:32,734 --> 00:14:35,667 The opportunity, though, to bring in natural gas led us 348 00:14:35,667 --> 00:14:37,867 to start investigating, could we actually replace 349 00:14:37,867 --> 00:14:40,000 the coal with natural gas? 350 00:14:40,000 --> 00:14:42,066 So we're actually in the midst of finishing up a feasibility 351 00:14:42,133 --> 00:14:45,667 study on bringing liquefied natural gas to the site to 352 00:14:45,667 --> 00:14:48,667 replace that entire set of coal generation, which would 353 00:14:48,667 --> 00:14:51,967 really be remarkable and would really enable us for that 3% 354 00:14:52,033 --> 00:14:54,367 of the world's copper be much lower carbon intensity. 355 00:14:54,433 --> 00:14:56,867 Well, I mean, that's really important because as you look 356 00:14:56,867 --> 00:14:59,467 at transferring to renewable energies, 357 00:14:59,467 --> 00:15:02,266 more eco-friendly ways of doing that, 358 00:15:02,266 --> 00:15:04,266 it's important that the process 359 00:15:04,266 --> 00:15:06,166 by which you get those ores out of the ground 360 00:15:06,166 --> 00:15:09,166 isn't creating more emissions than you're trying to mitigate. 361 00:15:09,166 --> 00:15:12,467 So tell me about some things that Freeport-McMoRan is doing 362 00:15:12,533 --> 00:15:14,967 across the entire industry to reduce those emissions. 363 00:15:15,033 --> 00:15:17,667 Typically in the industry globally, when you're dealing 364 00:15:17,667 --> 00:15:19,767 with what we call a sulfide-bearing ore, 365 00:15:19,767 --> 00:15:24,367 you mine it, concentrate it, smelt it, and then refine it, 366 00:15:24,367 --> 00:15:27,567 and the concentration and smelting steps are 367 00:15:27,567 --> 00:15:30,100 massively impactful, they use a lot of energy. 368 00:15:30,100 --> 00:15:33,066 So what we've been working on for many, many years is with 369 00:15:33,133 --> 00:15:35,867 other types of ores, so non-sulfide bearing ores, 370 00:15:35,867 --> 00:15:39,166 we do something called solvent extraction and electrowinning. 371 00:15:39,166 --> 00:15:42,367 That enables us to completely eliminate the concentration 372 00:15:42,367 --> 00:15:45,967 step and the smelting step, which really enables a much 373 00:15:46,033 --> 00:15:48,567 lower carbon footprint for all. 374 00:15:48,634 --> 00:15:51,266 So what we're trying to do now is crack that nut 375 00:15:51,266 --> 00:15:53,667 of sulfide-bearing or leaching, 376 00:15:53,667 --> 00:15:55,066 and that really I think is something 377 00:15:55,066 --> 00:15:56,967 that could transform the industry because it could 378 00:15:56,967 --> 00:15:59,467 really reduce the environmental impact, 379 00:15:59,467 --> 00:16:01,166 not only from a carbon perspective, 380 00:16:01,166 --> 00:16:02,667 but from an overall perspective. 381 00:16:02,734 --> 00:16:03,867 That's amazing, 382 00:16:03,867 --> 00:16:05,567 so you're basically going to be able to get twice as much 383 00:16:05,567 --> 00:16:08,166 copper out of the same chunk of land that you're 384 00:16:08,166 --> 00:16:10,133 mining on? -[Andrea] Absolutely. 385 00:16:32,567 --> 00:16:34,367 [Greg] When we explore the future of mining, 386 00:16:34,367 --> 00:16:36,467 experts need to focus on tackling emissions 387 00:16:36,467 --> 00:16:39,066 and transforming how haul trucks are operated. 388 00:16:39,133 --> 00:16:40,166 By transitioning towards 389 00:16:40,233 --> 00:16:42,867 electrification and autonomous technology, 390 00:16:42,867 --> 00:16:45,367 mines can enhance efficiency, safety, 391 00:16:45,433 --> 00:16:48,867 and sustainability, which all play a huge factor in how 392 00:16:48,867 --> 00:16:50,533 the mining industry will evolve. 393 00:16:53,900 --> 00:16:55,667 Tell me about something that you feel might be coming in 394 00:16:55,667 --> 00:16:57,266 the near future that could maybe 395 00:16:57,266 --> 00:16:58,767 transform the industry even further. 396 00:16:58,767 --> 00:17:00,667 You know, one of the biggest sources of emissions that 397 00:17:00,667 --> 00:17:02,567 we have is our haul trucks and our mines. 398 00:17:02,634 --> 00:17:05,367 So if you imagine a big, open-pit mine, you've got all 399 00:17:05,433 --> 00:17:08,867 those big, huge haul trucks moving ore or overburden 400 00:17:08,934 --> 00:17:11,100 around every day, all the time. 401 00:17:11,100 --> 00:17:14,367 So that's a big use of diesel and a significant source 402 00:17:14,367 --> 00:17:15,767 of carbon emissions. 403 00:17:15,767 --> 00:17:18,166 So one of the things we've been working on is how do 404 00:17:18,166 --> 00:17:20,867 we move towards electrification or some other 405 00:17:20,867 --> 00:17:23,066 solution for those haul trucks. 406 00:17:23,066 --> 00:17:25,867 One big project that we're working on now is to transform 407 00:17:25,867 --> 00:17:28,467 our Bagdad operations, which is an open pit mine 408 00:17:28,533 --> 00:17:31,467 here in Arizona, to autonomous technology. 409 00:17:31,467 --> 00:17:32,867 So what does that mean? 410 00:17:32,934 --> 00:17:34,567 That means those trucks will not have a person 411 00:17:34,567 --> 00:17:36,967 in them anymore. They'll be driven remotely. 412 00:17:36,967 --> 00:17:38,266 So what does that do? 413 00:17:38,333 --> 00:17:40,266 Well, it not only increases efficiency because of the way 414 00:17:40,266 --> 00:17:42,266 we're able to run them and manage them, 415 00:17:42,266 --> 00:17:44,967 it also improves the health and safety impact, 416 00:17:44,967 --> 00:17:47,266 it reduces the risk significantly because you no 417 00:17:47,266 --> 00:17:49,867 longer have a human inside driving and maybe that human 418 00:17:49,867 --> 00:17:53,266 is now inside a room working that technology. 419 00:17:53,266 --> 00:17:54,567 [Greg] That's really important to think about it, 420 00:17:54,634 --> 00:17:57,467 because if your goal is to work towards 421 00:17:57,533 --> 00:17:59,367 energy-renewable sources of energy, 422 00:17:59,433 --> 00:18:03,100 eco-friendly sources to get that copper out of the ground, 423 00:18:03,100 --> 00:18:04,667 it's pretty important that you lower your emissions 424 00:18:04,667 --> 00:18:06,000 while you do it. 425 00:18:06,000 --> 00:18:07,867 It's something that the whole industry is working together on. 426 00:18:07,867 --> 00:18:08,967 We have something called 427 00:18:08,967 --> 00:18:10,867 the International Council for Metals and Mining, 428 00:18:10,934 --> 00:18:13,066 where the leading copper producers 429 00:18:13,133 --> 00:18:15,367 and other minerals in the world get together 430 00:18:15,433 --> 00:18:17,767 and we really look at how can we do this together. 431 00:18:17,767 --> 00:18:20,567 There is nothing that can be done without collaboration 432 00:18:20,634 --> 00:18:23,367 that is large scale in the mining industry right now, 433 00:18:23,367 --> 00:18:25,467 and so we really call it the era of collaboration. 434 00:18:25,467 --> 00:18:28,867 At Freeport, we're very, very proud to be helping 435 00:18:28,867 --> 00:18:30,367 lead the way on that, 436 00:18:30,367 --> 00:18:32,367 and we're really, really hoping to accelerate 437 00:18:32,433 --> 00:18:34,667 the future in a very responsible way, 438 00:18:34,667 --> 00:18:36,967 really reducing the impact of all those extra tons 439 00:18:37,033 --> 00:18:37,800 that we have to produce. 440 00:18:37,800 --> 00:18:39,000 [Greg] Andrea, this has been amazing. 441 00:18:39,000 --> 00:18:40,467 Thank you so much, but I've got to get 442 00:18:40,467 --> 00:18:41,867 back to Inventionland. Would you show me out? 443 00:18:41,934 --> 00:18:43,000 Absolutely. 444 00:18:43,000 --> 00:18:45,233 Thanks for visiting us here at Freeport-McMoRan, Greg. 445 00:18:51,800 --> 00:18:54,000 Hey, Kathleen. Welcome to Inventionland. 446 00:18:54,000 --> 00:18:55,266 Hey, George. Thank you. 447 00:18:55,333 --> 00:18:56,467 Thanks. It's great to be here. 448 00:18:56,533 --> 00:18:57,967 I'm so glad you're here. 449 00:18:58,033 --> 00:19:01,066 I was hearing all this good news about technology you guys 450 00:19:01,133 --> 00:19:05,367 are working on and then somebody sent me this picture. 451 00:19:05,433 --> 00:19:07,367 It's very intriguing, but I don't really know what 452 00:19:07,433 --> 00:19:08,233 it's all about. 453 00:19:08,233 --> 00:19:09,467 You know, we're big copper producers. 454 00:19:09,533 --> 00:19:10,467 Yes. 455 00:19:10,467 --> 00:19:13,166 Copper is essential for the energy transition, 456 00:19:13,166 --> 00:19:17,467 and as we look forward, we need more and more copper, 457 00:19:17,467 --> 00:19:21,867 and so what our team has been doing is we are using new 458 00:19:21,934 --> 00:19:24,667 technologies, new tools that we have that we've never had 459 00:19:24,667 --> 00:19:29,467 before, and looking to see if we can extract more copper 460 00:19:29,467 --> 00:19:32,667 from what was previously thought to be waste, 461 00:19:32,667 --> 00:19:34,767 and we're having great success with it. 462 00:19:34,767 --> 00:19:38,166 Well, you must have a heck of a team if you have figured out 463 00:19:38,233 --> 00:19:42,967 a new way to get copper out of old stockpiles. 464 00:19:42,967 --> 00:19:44,667 Our team is very innovative. 465 00:19:44,734 --> 00:19:48,266 We look for ways to get as much copper as we can out of 466 00:19:48,266 --> 00:19:52,767 the resources we have sustainably and responsibly 467 00:19:52,767 --> 00:19:55,367 because it's so important. 468 00:19:55,367 --> 00:19:57,767 I like hearing that, and I'm -- you know, 469 00:19:57,767 --> 00:19:59,867 but we are here at Tomorrow's World Today , 470 00:19:59,867 --> 00:20:01,000 so how about 471 00:20:01,000 --> 00:20:03,166 we chat a little about the future, too? 472 00:20:03,166 --> 00:20:05,667 Well, the future's bright with copper. 473 00:20:05,734 --> 00:20:07,367 The more copper that we produce, 474 00:20:07,367 --> 00:20:10,967 the more it's gonna help this energy transition to make for 475 00:20:10,967 --> 00:20:14,567 a cleaner, more sustainable, more connected world, 476 00:20:14,567 --> 00:20:16,867 and it's a world we all want to be in. 477 00:20:16,867 --> 00:20:19,867 Kathleen, I can't thank you enough for coming in here 478 00:20:19,867 --> 00:20:21,266 and explaining that to me. 479 00:20:21,333 --> 00:20:22,266 Thanks so much. 480 00:20:26,700 --> 00:20:27,867 [George] And remember, 481 00:20:27,934 --> 00:20:31,967 tomorrow's world is where inspiration and creation 482 00:20:31,967 --> 00:20:34,767 drive innovation and production. 483 00:20:34,834 --> 00:20:35,867 See you next time. 40103

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