About Us

About Us

by admin

We are leading secondary metal manufacturing group that focuses on developing renewable resources and recyclable resources. Our goal is to deliver strong and sustainable shareholder returns from our portfolio of world-class assets and our compelling pipeline of projects. We take a long-term, disciplined approach, developing and running long-life, low-cost, expandable operations that can deliver value throughout the cycle.

We bring wealth held in the Earth’s mineral resources, generating value for our shareholders in the process, in line with our strategy. Our vision is to be a company that is admired and respected for delivering superior value, as the industry’s most trusted partner. Our operations give us the opportunity to create mutual benefit with the communities, regions and countries in which we work, and our metals and minerals are transformed into end products that contribute to higher living standards.

We are always looking for new answers to the complex global and local challenges we face, which include resource scarcity, climate change, community employment and regional economic development. We see these challenges as opportunities to advance our reputation and create value for our business, our shareholders and the people we are proud to work alongside. To achieve our sustainable development goals, we work hand-in-hand with our partners and communities on the ground, where it matters most. Underpinning everything we do are our values: respect, integrity, teamwork and accountability. They are fundamental to the way we operate and engage with those around us, and form the foundation of a long-term, reliable business that generates sustainable returns for shareholders.

Strategy

Creating resource based economy

From our diverse portfolio, we invest in metals that help the world to grow. Our metals are transformed into end-products that contribute to higher living standards and economic development. We are present at every point in the development cycle, from the iron ore that builds the fundamental infrastructure of our cities, to the copper and borates in the smartphones that keep us connected. Construction, communication, recreation, transport, healthcare and renewable energy, all these industries, and more, rely on the supply of metals and minerals we produce. Our focus is on the people and the environment. Producing a high standard of living for all human beings on Earth while restoring, preserving and enriching the environment around them.

Approach

Challenging Market Conditions

The energy and metal sector is facing very challenging market conditions. In response to these challenges, we have redoubled our focus on productivity, cost reductions and capital discipline across our business squeezing the maximum possible returns from our existing businesses and ensuring only the best growth projects attract fresh capital. While others in the sector have embarked on similar paths, our early and decisive action in this area is bearing fruit. Financial strength has become a key differentiator in the sector, and our balance sheet remains strong relative to industry peers Looking beyond the current challenges and uncertainty, the long-term outlook for the energy and metal sector remains positive.

Throughout project planning, development, operation and closure, we identify our stakeholders, and strive to understand their concerns and interests. We spend time sharing and explaining information about our activities. All these actions help us to improve our decision-making. We engage with our stakeholders to identify opportunities for mutual value and to help us manage risks. For example, we:

  • develop strong and lasting relationships with our local communities, working on issues such as employment and cultural heritage
  • engage with governments on policy and legislation and to develop education and training programs
  • discuss our approach to business and sustainable development with our investors
  • partner with non-government organizations on environmental, health and human rights issues

We engage ethically, honestly and constructively with all our stakeholders. We seek to understand their points of view so that we can adapt to changing expectations and generate long-term value for our shareholders.

Values

Creating mutual value by sharing risk

We value, respect, integrity, teamwork and accountability support these sustainable development principles. Our code of conduct, The way we work, puts them into practice. It holds everyone to follow strong principles relating to the workplace, human rights, communities, the environment and business integrity. We are proud of our values and the commitment that our people around the world show to them. Ultimately, we understand that having a sustainable business depends on our ability to deliver long-term value to everyone our activities touch. This means seeing the challenges of sustainability as opportunities to continuously improve the way we work.

Engagement

Our Stakeholders

Energy, metal and mining is a heavily regulated industry and our operations are directly affected by government legislation and policy, which is constantly evolving. To understand government views and aims, as well as to present our views to government on relevant legislation, policy and issues, we strive to develop constructive relationships and maintain regular dialogue with national, regional and local governments in all countries where we operate.

In dealing with governments, we conduct ourselves according to high ethical standards. We do not, directly or indirectly, participate in party politics, nor make payments to political parties or individual politicians. We provide useful and accurate information and share our experience to help governments develop sound and appropriate policy and legislation.

We also engage actively with civil society organisation where common interests and concerns exist, whether these are broad issues of policy with a global or national reach, or local issues that affect smaller communities around our operations. Our approach to engaging with civil society reflects the risks identified. In key risk areas, we develop deeper and targeted relationships and programmers with selected civil society organizations that have common interests and are willing to engage with us.

We participate in a number of voluntary initiatives which provide platforms to engage directly with a variety of stakeholders on issues of common interest. We strive to build enduring relationships with communities where we operate to make sure we manage our operations in a way that is consistent with community expectations.

Building Capacity

Working for mutual benefit

Stakeholder engagement is core to the role of many of our employees. Enhancing our skills in stakeholder engagement is crucial to addressing the challenges we face in delivering growth and help our people develop their capabilities in stakeholder engagement. It provides learning and development courses and resources for frontline project managers, leaders and stakeholder engagement professionals around the business.

Values

Creating mutual value by sharing risk

We value, respect, integrity, teamwork and accountability support these sustainable development principles. Our code of conduct, The way we work, puts them into practice. It holds everyone to follow strong principles relating to the workplace, human rights, communities, the environment and business integrity. We are proud of our values and the commitment that our people around the world show to them. Ultimately, we understand that having a sustainable business depends on our ability to deliver long-term value to everyone our activities touch. This means seeing the challenges of sustainability as opportunities to continuously improve the way we work.

Reason to Invest

Sustainable Economic Development

Energy, Metals and minerals are the foundation of global development. They are integral to the infrastructure and technologies that enable societies to advance and improve. In homes, offices and cities, there are thousands of products that originate from a mine. Yet while our products are essential to modern life, we operate in a complex, interconnected world. Issues such as climate change, local employment, biodiversity and regional development present both risk and opportunity to our business. Our principles help us manage these risks – and take advantage of the opportunities. We are committed to operating our business in a way that delivers lasting benefit to the communities and environments where we work, as well as to our shareholders and employees. In so doing, we maximise our contribution to sustainable development.

Environment

Preparing for Change

The most striking difference between a Resource Based Economy and any other system that has gone before is that it prepares people for the changes that lie ahead. Change is not something that most people accept easily, especially when it comes to values or beliefs, which they have had for a long time. Sometimes, the emotional investments in those values or beliefs are so great that people cannot accept the notion of change. This detrimental practice has facilitated the conscious withdrawal of efficiency in so many aspects of life.

The main objective for people is to learn how to expect change so they can step into the future without experiencing pain. Our language structure needs alternation so we can start accepting significant global recommendations. The way we see our fellow human beings from other cultures needs to change as we learn that there are no races or creeds but we are all one species. People need to have access to information to investigate different perspectives and widen their understanding to expect change.

The challenge is to abandon notions that do not correspond with observable reality. We, as human beings, need to accept that praying for help from a deity or hoping that things will turn out are only examples of wishful thinking. There are no good or bad people but conditions that make people behave the way they do. Earth is a single organism, supporting life and we are part of it just like every other living creature. And most of all, that we must work together to create an environment that would support our evolution into the future. Such values would produce a very different worldly outlook that would facilitate an emerging global civilization.