Vale, Anglo American underline ESG issues as copper demand soars
Global miners such as Brazil’s Vale, Anglo American and Chile’s Codelco said they expect demand for copper to strengthen in coming years on growing demand for environmentally friendly cars, while the mining industry reckons with questions about its own sustainability.
Mining executives said during a webinar about copper on Friday that higher demand for the metal was an opportunity for the industry to improve its image by adopting more socially-conscious practices.
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“The society will not tolerate the way we operated before,” said Ruben Fernandes, base metals CEO for Anglo American, adding the industry now had an opportunity to build alliances with governments and populations to improve its image.
Vale, Anglo American underline ESG issues as copper demand soars
Image: Vale
Global miners such as Brazil’s Vale, Anglo American PLc and Chile’s Codelco said they expect demand for copper to strengthen in coming years on growing demand for environmentally friendly cars, while the mining industry reckons with questions about its own sustainability.
Mining executives said during a webinar about copper on Friday that higher demand for the metal was an opportunity for the industry to improve its image by adopting more socially-conscious practices.
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“The society will not tolerate the way we operated before,” said Ruben Fernandes, base metals CEO for Anglo American PLc, adding the industry now had an opportunity to build alliances with governments and populations to improve its image.