Anglo-American and Mitsubishi Materials have joined forces and agreed to cooperate in developing a copper product that satisfies the increasing need for metals with outstanding provenance credentials.
The diversified mining group said that their collaboration will centre around enhancing traceability along the broken copper value chain.
The main objective is to determine and evaluate the sustainability indicators that are most significant and valuable to industry stakeholders and end customers.
“We are forging long-term collaborations with customers across key geographies, building on well-established commercial relationships to extend the impact of our commitment to creating ethical value chains for our products beyond our mining operations,” said Anglo American executive head of base metals marketing Paul Ward.
“Consumers around the world are increasingly asking that their purchases come with greater assurance of sustainable production. Our work with Mitsubishi Materials aims to accelerate efforts to increase provenance visibility for materials used in some of the key technologies for modern life and to improve living standards for a growing global population through sustainable socio-economic development.”
Anglo-American and Mitsubishi Materials will also explore decarbonisation opportunities to reduce the overall carbon footprint of the metal provided to customers.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
