Nature Positive Role of the Mining and Metals Sector
Page 40 of 73 · WEF_Nature_Positive_Role_of_the_Mining_and_Metals_Sector.pdf
Companies should also partner with environmental
non-governmental organizations (NGOs), local
governments, Indigenous Peoples and communities
to improve water stewardship and strive for water
replenishment260 across landscapes. For example,
they could collaboratively monitor water quality
across water basins, establish systems to treat local
wastewater and actively improve and secure access
to water for people and livelihoods.
Several companies have already implemented
initiatives in support of these objectives, such as:261
–Barrick Gold entered into a partnership model
with the Community Development Committee local to their Kibali gold mine in the Democratic
Republic of the Congo to invest in a water
distribution project to pump and purify water to
a network of 40 water fountains in the local city
of Durba.
–Anglo American has partnered with Peruvian
communities near its Quellaveco mine for over a
decade to improve the quality and availability of
water for more than 6,000 local farmers.
–BHP partnered with over 20 organizations
in the Fitzroy Basin in Australia as part of a
participatory approach to comprehensively
assess river health in the region.
3.3 Expand circularity and source responsibly Priority action 3
Expand circularity across the value
chain, embrace standards and
transparency, engage with suppliers
and source responsibly, and collaborate
with customers.
Expand circularity across the
value chain
Companies can minimize the nature-related impacts
of metals by investing in circularity and adopting new
business models to reduce demand for newly mined
raw materials. This includes investing in providing re-
use, remanufacturing and recycling services at scale
and collaborating across the value chain:
–Invest in new technologies for reuse and
remanufacturing, automated processes,
and large-scale facilities to increase cost-
competitiveness, including enhanced scrap
treatment facilities to better manage the
increased volume and diversity of scrap. –Develop improved waste collection and
sorting systems in factories for process scrap
and end-of-life (EOL) materials to increase
process efficiency and enable higher-
value recovery.
–Collaborate with customers to co-design low-
impact, longer-life, recyclable metals and define
requirements for EOL material processing to
reduce downcycling.
–Establish alliances to ensure quality scrap and
EOL materials, such as battery metals, are
tracked and returned without contamination and
available for reuse.
For example, Teck Resources is reusing rubber
from old haul truck tyres, adding it into asphalt
while paving to improve performance wear and
prevent cracking.262
Companies
should also partner
with environmental
NGOs, local
governments,
Indigenous Peoples
and communities
to improve water
stewardship and
strive for water
replenishment
across landscapes.
Nature Positive: Role of the Mining and Metals Sector 40
Nature Positive: Role of the Mining and Metals Sector40
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