(PRESS RELEASE) LONDON, 9-Mar-2022 — /EuropaWire/ — Anglo American plc (LON: AAL), a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore & more, has announced that its managed copper operations in Chile – the Los Bronces and El Soldado mining operations and the Chagres smelter – have been awarded the Copper Mark in recognition of responsible copper production practices.
The Copper Mark framework has been developed to demonstrate the copper industry’s commitment to both the green energy transition and the United Nations Sustainable Development Goals, using the Risk Readiness Assessment (RRA) of the Responsible Minerals Initiative (RMI) as the basis for evaluating participants’ performance.
Peter Whitcutt, CEO of Anglo American’s Marketing business, said: “Consumers around the world are understandably expecting the products they buy to be made from metals and minerals that are responsibly sourced, meeting the highest ethical and sustainability standards. As an established sustainability leader, Anglo American’s alignment with the Copper Mark framework is part of our Sustainable Mining Plan commitment to assure all our operations against a recognised responsible mining standard by 2025.”
Aaron Puna, CEO of Anglo American in Chile, said: “The Copper Mark assurance process has provided us with a valuable opportunity to measure our performance at our operations in Chile against international best practice on a wide range of environmental and societal factors. We are immensely proud of the work our team has been doing across the board to ensure we meet our stakeholders’ expectations of Anglo American as a responsible mining company.”
The process of assessing Los Bronces, El Soldado and Chagres against the Copper Mark’s Assurance Process began in late 2021. The sites were assessed against 32 different criteria, including environmental risk management, energy consumption, waste and tailings management, mine closure and reclamation, occupational health and safety, business integrity, community and stakeholder engagement, human rights and cultural heritage.
Michèle Brülhart, Executive Director of the Copper Mark, said: “We are pleased to have awarded the Copper Mark to Anglo American’s three managed operations in Chile as we continue to build on the momentum of the Copper Mark in promoting responsible production practices across the global copper industry. The Copper Mark is on a strong growth trajectory, and we expect our number of participants to increase further in 2022 as more producers and copper users focus on the sustainability of their supply chains.”
The Copper Mark framework is built on a genuine commitment of the copper industry to responsible production. The organisation was initiated by the International Copper Association (ICA) and operates as an independent body. The Copper Mark was developed following a consultation process with more than 100 different individuals and organisations, including mining companies, customers and the ultimate downstream users of mined products as well as NGOs. The Copper Mark aims to increase transparency in copper supply chains, allowing customers to be confident that their copper was produced responsibly and enabling them to track a copper product throughout the supply chain.
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Notes to editors:
Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers – safely and sustainably.
As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and metallurgical coal for steelmaking, and nickel – with crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining mining to improve people’s lives.
This document includes forward-looking statements. All statements other than statements of historical facts included in this document, including, without limitation, those regarding Anglo American’s financial position, business, acquisition and divestment strategy, dividend policy, plans and objectives of management for future operations (including development plans and objectives relating to Anglo American’s products, production forecasts and Ore Reserve and Mineral Resource positions) and environmental, social and corporate governance goals and aspirations, are forward-looking statements. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Anglo American or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Such forward-looking statements are based on numerous assumptions regarding Anglo American’s present and future business strategies and the environment in which Anglo American will operate in the future. Important factors that could cause Anglo American’s actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, levels of actual production during any period, levels of global demand and commodity market prices, mineral resource exploration and development capabilities, recovery rates and other operational capabilities, safety, health or environmental incidents, the effects of global pandemics and outbreaks of infectious diseases, the outcome of litigation or regulatory proceedings, the availability of mining and processing equipment, the ability to produce and transport products profitably, the availability of transport infrastructure, the impact of foreign currency exchange rates on market prices and operating costs, the availability of sufficient credit, the effects of inflation, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by courts, regulators and governmental authorities such as in relation to permitting or forcing closure of mines and ceasing of operations or maintenance of Anglo American’s assets and changes in taxation or safety, health, environmental or other types of regulation in the countries where Anglo American operates, conflicts over land and resource ownership rights and such other risk factors identified in Anglo American’s most recent Annual Report. Forward-looking statements should, therefore, be construed in light of such risk factors and undue reliance should not be placed on forward-looking statements. These forward-looking statements speak only as of the date of this document. Anglo American expressly disclaims any obligation or undertaking (except as required by applicable law, the City Code on Takeovers and Mergers, the UK Listing Rules, the Disclosure and Transparency Rules of the Financial Conduct Authority, the Listings Requirements of the securities exchange of the JSE Limited in South Africa, the SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian Stock Exchange and any other applicable regulations) to release publicly any updates or revisions to any forward-looking statement contained herein to reflect any change in Anglo American’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.
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SOURCE: Anglo American