First Tailings Reprocessing Site to Join
Metalkol, a significant tailings reprocessing facility in the Democratic Republic of Congo owned by Eurasian Resources Group (ERG), has committed to The Copper Mark assurance framework. This marks the first time a tailings reprocessing site has joined this initiative aimed at promoting responsible practices in the copper, molybdenum, nickel, and zinc supply chains.
Commitment to Sustainable Operations
This decision reflects Metalkol’s dedication to sustainable mining practices, aligning with the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals. Michèle Brülhart, Executive Director of The Copper Mark, expressed enthusiasm over this commitment, noting the importance of reprocessing mine waste to minimize environmental impact and enhance operational efficiency.
ERG’s Major Role in Global Mining
Eurasian Resources Group, headquartered in Luxembourg, plays a vital role in the global natural resources sector, operating across various segments including mining, processing, and logistics. With over 80,000 employees, ERG is a major player in Kazakhstan’s metals and mining industry, controlling about one-third of the sector.
Significant Production Capacity
Metalkol has positioned itself as one of the world’s largest cobalt producers and a key copper supplier. The Copper Mark, established in 2020, offers a transparent assurance process to verify adherence to responsible production practices through independent third-party assessments.
A Milestone for DRC and ERG
Nicolas Treand, CEO of ERG Africa, highlighted the significance of this initiative: “Participating in The Copper Mark assurance process is a milestone for both ERG in Africa and the group as a whole. It underscores our commitment to sustainability and the responsible development of the mining sector in the Democratic Republic of Congo, which is crucial for the country’s future.”
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