Advertisements

Industry group says governments must broker local support for mines

by Daisy

In the pursuit of mining operations for critical minerals vital to the global energy transition and the battle against climate change, a call for greater governmental involvement in garnering local community and Indigenous group support has emerged. This plea was articulated by Rohitesh Dhawan, CEO of the International Council on Mining and Metals (ICMM), during discussions at the World Copper Conference in Santiago.

Dhawan emphasized the mounting challenges faced by mining ventures worldwide, with opposition surfacing due to religious, ecological, or other concerns. Notably, recent closures of mines, such as the one in Panama—a significant copper supplier—following public protests underscore the escalating pressure. Yet, the imperative to combat rising global temperatures has propelled the demand for minerals like copper and nickel, essential components of technologies like solar panels and electric vehicles.

Advertisements

The ICMM, a London-based organization representing major industry players like BHP and Glencore, is revisiting its decade-old policy on engaging with Indigenous communities, known as free, prior, and informed consent (FPIC). Dhawan stressed the necessity for governments to facilitate constructive relationships between mining companies and affected communities, rather than leaving negotiations solely to the parties involved.

Advertisements

While governments bear primary responsibility for obtaining FPIC, Dhawan highlighted the industry’s role in supporting this process, particularly concerning local impacts. However, he cautioned against proceeding with mining projects lacking local support, even with government approval, emphasizing the importance of aligning mining activities with community interests.

At the Santiago conference, attended by over 500 stakeholders, the tension between the growing demand for copper and persistent opposition emerged as a prominent theme. Industry leaders, including Roland Harings of Aurubis and Jonathan Price of Teck Resources, acknowledged the sector’s historical challenges, including safety concerns and community relations.

Executives stressed the need for a paradigm shift towards responsible and sustainable mining practices, with a commitment to fostering enduring partnerships with host communities. This sentiment was echoed by representatives from Codelco, BHP, and South32, who emphasized the positive impact of mining when executed responsibly.

As the push for decarbonization intensifies, industry leaders advocate for collaborative efforts between governments, industry players, and local communities to ensure the sustainable extraction of critical minerals essential for a low-carbon future.

You May Also Like

blank

Futuresstocktrading.com is a comprehensive futures information portal. Whether you’re a novice or seasoned trader, find futures news, futures market, futures trading tips, and futures basic knowledge to enhance your trading prowess and financial success.

[Contact us: [email protected]]

© 2023 Copyright  Futuresstocktrading.com – Futures Market, Investment, Trading & News