LONDON, UK: Anglo American has signed a memorandum of understanding with Aurubis AG – a global supplier of non-ferrous metals and one of many world’s largest copper recyclers – to develop a copper product providing that responds to increasing expectations for future-enabling metals that are sustainably sourced and supplied.
The goal of the collaboration is to present assurance across the way copper is mined, processed, transported and introduced to market.
Applying their mixed expertise, Anglo American and Aurubis will additionally discover the chance for technology-driven traceability options to bring greater transparency to the entire manufacturing cycle, in addition to areas of common curiosity in technology development.
Peter Whitcutt, CEO of Anglo American’s Marketing business, said: “Copper performs such a pivotal role in addressing the challenges of local weather change and elevating living requirements for the world’s rising population. Rightly, it must be produced sustainably and as a half of a customer-centric present chain.
“Together with Aurubis, and in line with our Sustainable Mining Plan goal to set up moral worth chains, we’re engaging with industry participants to optimise the worth that accountable present can provide. The worth chain begins from our portfolio of high-quality and long-life useful resource assets, now together with our new world-class Quellaveco mine in Peru, and we’re now working to set up a extra complete and built-in approach alongside the entirety of what’s a fragmented mine-to-customer journey.”
Roland Harings, CEO of Aurubis, said: “Sustainability is a core pillar of our strategy. We are constantly investing in options for responsibly dealing with the resources entrusted to us because the most environment friendly smelter community globally.
This collaboration with Anglo American is but one other instance of how we intend to develop and improve the transparency of the entire present chain. Anglo American’s Sustainable Mining Plan aligns with the pillars of the Aurubis sustainability label “Tomorrow Metals”, launched in 2021 which guarantees to our enterprise companions to remain best in class in all sustainability challenges of today and the future by utilizing our metals.”
Anglo American and Aurubis have additionally dedicated to be assessed against the Copper Mark Chain of Custody Standard. Anglo American’s managed copper operations in Chile – the Los Bronces and El Soldado mining operations and the Chagres smelter – were awarded the Copper Mark, the assurance standard for accountable manufacturing practices, in March 2022.