HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Responsible Steel-Sept. 2019 - Rio Tinto's Example
6
Sep 24, 2019 04:11PM

Rio Tinto is a perfect example of where the steel industry is headed.  They have been leading the charge in responsible metal mining and production for some time now as a founding member of the Aluminium Stewardship Initiative’s (ASI). 

https://im-mining.com/2019/09/24/rio-tinto-increases-responsibly-produced-aluminium-drive/

Rio Tinto increases ‘responsibly produced aluminium’ drive

Posted by Daniel Gleeson on 24th September 2019

Rio Tinto says it is now offering independently certified “responsibly produced aluminium” from all of its Canada operations, with the extension of the Aluminium Stewardship Initiative’s (ASI) Chain of Custody certification to include the BC Works smelter and Kemano Power Operations in Kitimat, British Columbia.

The certification reinforces Rio Tinto’s commitment to responsible mining and metals production by providing independent verification that material can be traced through a ‘chain of custody’ spanning Rio Tinto’s Gove bauxite mine, in Australia, to its alumina refinery, aluminium smelters and casthouses in Quebec and British Columbia, Canada, it said.

Rio explained: “ASI certification means customers can be assured the aluminium purchased through Rio Tinto’s Canadian operations has been produced to the highest environmental, social and governance standards. Rio Tinto has led the establishment of responsible production certification for the aluminium industry as a founding member of the ASI, working alongside customers and a broad range of stakeholders.”

In 2018, Rio Tinto was the first company to receive the ASI’s first Performance Standard certification – the highest internationally recognised standard for robust environmental, social and governance practices – and Chain of Custody certification, covering five aluminium smelters, the Vaudreuil refinery, casting centres, port and railway facilities in Quebec, Canada. The BC Works smelter and Kemano Power Operations received certification against the Performance Standard in January 2019 and have now been included in the Chain of Custody certification. Rio Tinto is now working with the ASI on audits and certifications for other sites in its global aluminium business.

Rio Tinto Aluminium Vice President Sales and Marketing and ASI Board member, Tolga Egrilmezer, said: “This certification continues Rio Tinto’s leadership on responsible production. It increases the availability of ASI certified aluminium in a range of markets, giving customers the ability to offer end consumers products made with aluminium that meets the highest sustainability standards.”

ASI chief executive officer, Fiona Solomon, said: “This successful Chain of Custody certification demonstrates ASI’s potential to create impact through voluntary uptake of its program. We are seeing the positive upstream examples like this one now extending into downstream aluminium use sectors such as automotive, construction and packaging, and this is very encouraging.”

The ASI is a global, multi-stakeholder, non-profit standards setting and certification organisation. It works toward responsible production, sourcing and stewardship of aluminium following an entire value chain approach. ASI launched its Performance Standard and Chain of Custody Standard in December 2017. ASI’s 60+ members include leading civil society organisations, companies with activities in bauxite mining, alumina refining, aluminium smelting, semi-fabrication, product and component manufacturing, as well as consumer and commercial goods, including the automotive industry, construction and packaging, as well as industry associations and other supporters

Comment:

The nice part about all this responsible metals certification is that it will make for a smaller metals market, by eliminating those countries who decide not, or simply cannot, belong.  I just wonder how all of this responsible mining will be policed, or even enforced.  Especially, when you have countries like the Congo using child labour, and countries like South Africa, whose main hydro utility Eskom pollutes their skies by burning coal to give power to their people, and their ferrochrome smelters.  So, in theory, if these irresponsible countries are removed from the market this could seriously limit the sourcing of certain metals.... and possibly create an expensive little club to belong to. 

Gee...A market boom is looking more and more likely.  Given the fact that these days cheap slave labour and the environmentally unfriendly mining  practices  are being frowned upon.  Fine time for the world to finally grow a conscience.  Well...I guess better late than never.

 

TM.

 

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