(IN BRIEF) Kumba Iron Ore Limited, a subsidiary of Anglo American plc, has announced that its Sishen and Kolomela mines in South Africa have attained the Initiative for Responsible Mining Assurance’s (IRMA) IRMA 75 level of performance. This achievement underscores Anglo American’s dedication to sustainability and transparency in iron ore production. Mpumi Zikalala, Chief Executive of Kumba Iron Ore, highlights the mines’ commitment to responsible mining practices and the production of premium-quality iron ore products contributing to carbon emission reduction in steel-making. Themba Mkhwanazi, Anglo American’s Regional Director for Africa and Australia, emphasizes the significance of Kumba’s IRMA audit, positioning them as Africa’s first iron ore producer to complete the assessment and providing stakeholders with transparent sustainability practices. The IRMA certification marks progress toward Anglo American’s Sustainable Mining Plan goal of subjecting all operations to third-party audits by 2025, enhancing their overall Environmental, Social, and Governance (ESG) performance. Aimee Boulanger, Executive Director of IRMA, underscores the value of detailed audit reports in promoting transparency and accountability in the mining industry. The release of IRMA reports for Kolomela and Sishen aligns with Anglo American’s commitment to responsible mining across its global operations, as evidenced by previous achievements in sites like Minas Rio in Brazil and Barro Alto in Brazil, among others.
(PRESS RELEASE) LONDON, 27-Mar-2024 — /EuropaWire/ — Anglo American plc notes the announcement by Kumba Iron Ore Limited released today to the Johannesburg Stock Exchange. The text of the announcement is copied below:
Kumba Iron Ore announces that its Sishen and Kolomela mines in South Africa have been assessed against the Initiative for Responsible Mining Assurance’s (IRMA) comprehensive mining standard, achieving the IRMA 75 level of performance. This reflects Anglo American’s integrated approach to sustainability and its commitment to transparency in striving for the highest levels of responsible iron ore production.
Mpumi Zikalala, Chief Executive of Kumba Iron Ore said: “We are proud of our teams’ efforts and the outstanding progress made across both of our operations to promote responsible mining practices. As part of our commitment to leading in ESG practices, we are dedicated to delivering premium quality iron ore products that help to reduce carbon emissions in the steel-making process, while helping our customers meet the growing demand for responsibly sourced materials in an efficient and independently verified way. Through the IRMA assurance process, we have been able to evaluate our sustainability performance at Sishen and Kolomela mines, identify areas for improvement and ensure that we strive to adhere to the highest standards of responsible mining”.
Themba Mkhwanazi, Anglo American’s Regional Director – Africa and Australia, said: “We are pleased that Kumba is the first iron ore producer in Africa to complete the IRMA audit, providing stakeholders with a way of accounting for sustainability practices that is transparent, verifiable, and comparable. Launched last year, our digital traceability platform Valutrax™ is available to customers purchasing Anglo American mined products, helping them to trace metals and minerals through a tailored selection of key provenance and sustainability indicators, including third-party assurance such as IRMA. The IRMA results demonstrate further progress on our Sustainable Mining Plan commitment of having all our operations undergo third-party audits against responsible mine certification standards by 2025. IRMA improves our ability to build an understanding of areas where we can continue to improve our ESG performance.
Aimee Boulanger, Executive Director of IRMA, said “Through detailed IRMA audit reports, mining companies, communities and companies that purchase mined materials can gain the information they need to decide what’s going well — and what may require more attention — at specific mines. The Sishen and Kolomela reports demonstrate that these mines can point to transparent, independent evaluations of their environmental and social performance.”
The IRMA scoring system recognises four levels of performance: IRMA Transparency, in which a mine is third-party-assessed and publicly shares its scores; IRMA 50, 75 or 100, signifying that a mine meets a core set of critical requirements together with at least 50%, 75% or 100% of the requirements in each of the four sections of the Standard for Responsible Mining being met respectively.
IRMA’s Standard for Responsible Mining has been developed over a decade through a public consultation process with more than 100 different individuals and organisations, including mining companies, customers and the ultimate downstream users of mined products, NGOs, labour unions, and communities and is considered to be one of the most rigorous certification processes.
The link to the assessment of Kumba’s mines can be found on IRMA’s website at: https://responsiblemining.net/.
The release of the IRMA reports for Kolomela and Sishen builds on those already completed for other Anglo American operations, as follows:
Product | Site | IRMA Achievement Level |
Iron Ore | Kolomela (South Africa)
Minas Rio (Brazil) Sishen (South Africa) |
IRMA75
IRMA75 IRMA75 |
Nickel | Barro Alto (Brazil) | IRMA75 |
PGMs | Amandelbult (South Africa)
Mototolo(South Africa) Unki (Zimbabwe) |
IRMA50
IRMA75 IRMA75 |
About Anglo American:
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 copper, nickel, platinum group metals, diamonds (through De Beers), and premium quality iron ore and steelmaking coal – 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.
www.angloamerican.com
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Disclaimer
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Forward-looking statements and third party information
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, prospects and projects (including development plans and objectives relating to Anglo American’s products, production forecasts and Ore Reserve and Mineral Resource positions) and sustainability performance related (including environmental, social and governance) goals, ambitions, targets, visions, milestones 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, unanticipated downturns in business relationships with customers or their purchases from Anglo American, mineral resource exploration and project development capabilities and delivery, recovery rates and other operational capabilities, safety, health or environmental incidents, the effects of global pandemics and outbreaks of infectious diseases, the impact of attacks from third parties on our information systems, natural catastrophes or adverse geological conditions, climate change and extreme weather events, the outcome of litigation or regulatory proceedings, the availability of mining and processing equipment, the ability to obtain key inputs in a timely manner, the ability to produce and transport products profitably, the availability of necessary infrastructure (including transportation) services, the development, efficacy and adoption of new or competing technology, challenges in realising resource estimates or discovering new economic mineralisation, the impact of foreign currency exchange rates on market prices and operating costs, the availability of sufficient credit, liquidity and counterparty risks, the effects of inflation, terrorism, war, conflict, political or civil unrest, uncertainty, tensions and disputes and economic and financial conditions around the world, evolving societal and stakeholder requirements and expectations, shortages of skilled employees, unexpected difficulties relating to acquisitions or divestitures, competitive pressures and 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.
Nothing in this document should be interpreted to mean that future earnings per share of Anglo American will necessarily match or exceed its historical published earnings per share. Certain statistical and other information included in this document is sourced from third party sources (including, but not limited to, externally conducted studies and trials). As such it has not been independently verified and presents the views of those third parties, but may not necessarily correspond to the views held by Anglo American and Anglo American expressly disclaims any responsibility for, or liability in respect of, such information.
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Media Contact:
Media Relation:
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James Wyatt-Tilby
Email: james.wyatt-tilby@angloamerican.com
Tel: +44 (0)20 7968 8759
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Paul Galloway
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Email: michelle.jarman@angloamerican.com
Tel: +44 (0)20 7968 1494
SOURCE: Anglo American
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