Sustainability Report 2025

Sustainability and our value chain

Our value chain starts before mining begins and extends post-closure. We are mindful of our impacts and the impacts on our business at every stage. See page 21 for details on our materiality process and material issues.

Mine plant [photo]
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Exploration [icon]

Exploration

  • Defining mineral deposits through drilling, mapping and geological modelling to determine prospects of eventual economic extraction through Mineral Resource estimation
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Capital investments and permitting [icon]

Capital investments and permitting

  • Converting Mineral Resources to Ore Reserves through fully permitted mining capital investments with care for the environment and the communities in which we operate
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Construction [icon]

Construction

  • Constructing the physical and operational infrastructure (including access to water, power, logistics, tailing storage facilities (TSF))
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Mining [icon]

Mining

  • Extracting ore through underground or surface mining activities (drilling and blasting, loading and haulage, waste management)
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Concentrating [icon]

Concentrating

  • Crushing and milling of ore, and flotation to recover PGM-bearing minerals. Tailings disposal and water reticulation
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Smelting [icon]

Smelting

  • Further separation and upgrade of PGM content in high temperature furnaces
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Refining [icon]

Refining

  • Base Metal refining of copper, nickel and cobalt
  • Precious Metals refining of PGMs and gold
Stakeholders
  • Shareholders
  • Employees/unions
  • Customers
  • Government
  • Business associates
  • Industry bodies
Value chain
Marketing [icon]

Marketing

  • Delivering quality products to valued customers
  • Trading
  • Market development
Stakeholders
  • Shareholders
  • Employees/unions
  • Environment
  • Communities
  • Government
  • Suppliers
Value chain
Rehabilitation and closure [icon]

Rehabilitation and closure

  • Ensuring long-term sustainability after mining ends