The Copper Mark, the assurance framework to promote responsible practices for copper, molybdenum, nickel and zinc producers, has recently been awarded to three new sites. With these additions, the Copper Mark has now been awarded to 39 participating sites. The three new sites are:
- Codelco’s División El Teniente, Chile
- Boliden Mineral AB (Rönnskär), Sweden
- Lundin Mining’s Distrito Candelaria, Chile
Taken together, the 39 sites produce more than 25% of globally mined copper, marking significant progress in the Copper Mark’s mission to promote responsible business and sustainable production standards throughout the copper and wider metals industries.
The Copper Mark has also reached the milestone of having over 50 (51) participating copper sites – including mines, smelters, refiners and integrated sites – highlighting the growing buy-in from across the copper supply chain for advancing responsible pratices. This is in addition to eight non-copper participating sites, two of which have already secured their Molybdenum Mark.
Among the sites that have joined the Copper Mark to go through its assurance process, the latest additions are:
- Codelco’s División Andina (copper)
- Codelco’s Salvador (copper)
- Codelco’s Ventanas (copper)
- Teck’s Trail Operation (zinc)
- Brazilian Nickel (nickel)
Michèle Brülhart, Executive Director of the Copper Mark, said:
“Copper Mark-assured sites now account for over a quarter of the globally mined copper, highlighting our progress in building momentum around the imperative of advancing responsible practices.
“The International Finance Corporation (IFC)’s latest report has outlined how the required 230% increase in the amount of mined copper to support the development of low carbon technologies by 2050 would lead to a doubling of greenhouse gas (GHG) emissions from copper production alone. As we accelerate the mining of metals vital to the low-carbon transition, it is essential that they are produced in ways that support local communities and mitigate these negative environmental impacts.”