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SFA was commissioned to benchmark a lithium producers’ assets across the global peer group to assess its operational competitiveness and evaluate future strategic value chain opportunities. As a global investment manager and fiduciary to our clients, our purpose at BlackRock is to help everyone experience financial well-being. Since 1999, we’ve been a leading provider of financial technology, and our clients turn to us for the solutions they need when planning for their most important goals. Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund’s market value exposure to the listed Business Involvement areas above.
With 30% ownership, Ivanhoe Mines Ltd. (TSE:IVN) boasts of strong institutional backing – Yahoo Finance
With 30% ownership, Ivanhoe Mines Ltd. (TSE:IVN) boasts of strong institutional backing.
Posted: Mon, 20 Mar 2023 18:01:10 GMT [source]
Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. SFA provides bespoke, independent intelligence on the strategic metal markets, specifically tailored to your needs. A proprietary report unlocking the current and future demands for precious metals used in electrolysers and fuel cells for the hydrogen economy. SFA’s new ground-breaking forward-looking report analyses the influences, market risks and trends on the PGM markets out to 2050.
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While it’s encouraging to see the strong focus on sustainability in mining, the key will be advancing strategies and action plans coupled with timely action. Mining companies must engage with stakeholders in a participatory and inclusive manner to better understand stakeholder needs and help inform decision-making, minimising business and broader ESG risks and challenges, and accelerating decarbonisation efforts in Africa. After perhaps losing ourselves in the aura of miners seemingly becoming sustainability experts, we were quickly brought back down to Earth when someone asked us if “the strong focus on climate mitigation was really relevant for Africa? Given the continent’s limited contribution to the climate crisis, whilst simultaneously being the most vulnerable to its impacts, suggests that answer to the question is, in fact, no. While climate change mitigation is, of course, necessary, what is equally important, if not more so for Africa, is climate change adaptation – building resilience to climate change and ensuring a just transition.
We’re committed to helping people find better financial futures – and finding new ways to open the investment world to more people. The value of your investment may fall as well as rise and you may get back less than your initial investment. The article further describes buying graphics cards from cryptocurrency miners as a “lottery” that buyers can lose money in.
Quarterly Lithium Market Report and Prices Outlook
If tensions continue to mount between China and the West, there is a clear risk that Western firms such as EV manufacturers and renewables developers will find it difficult to source raw materials and components from Chinese suppliers, as they have in the past. The fear among many security analysts is that China at some point could use its dominance of critical mineral supply chains to land blows of its own against the West . The low-carbon transition comes with various challenges and opportunities, not only from an environmental perspective, but also in the consideration of the social dimension in the global transition. Companies are continuously stepping up to find solutions to climate change, however, the balance between sustainability efforts and company growth continues to be a challenge. While there is an increase in the number of companies committing to achieve Net Zero by 2050, recent analysis by Climate Action 100+ indicates that many of these targets are not underpinned by robust strategies, and global emissions are at an all-time high. The United Nations has also recently announced the formation of an expert group that will scrutinise company Net Zero pledges in an effort to prevent greenwashing.
The mining benchmark Investor Commission on Mining 2030 is a collaborative investor-led initiative to consider key systemic issues faced by the mining sector that challenge, or could challenge, the sector’s social licence to operate. This was important because some of the standards were designed to focus on only one category of impacts (e.g., the International Cyanide Management Code on cyanide use or the Global Reporting Initiative on reporting) and could be used in combination. Solidaridad commissioned the independent report, authored by Estelle Levin Ltd. in the U.K., for programme planning purposes in 2010. However, we recognised early on that many stakeholders were looking for clarity on the relative strengths and weaknesses of the standards and might benefit from reading the report. Newmont Mining, a gold and copper producer based in Colorado in the US, was named as industry leader among 47 companies assessed by RobecoSAM, followed closely by Barrick Gold of Canada. “Silver-class” companies were the UK’s Rio Tinto and Anglo American, South Africa’s Gold Fields, Canada’s Teck Resources, and Australia’s BHP Billiton, despite the dam collapse in November.
Joining the dots between Lithium, Nickel and Cobalt
While https://www.tokenexus.com/ are eager to be part of climate solutions, for many, the pathway for doing so and translating this into business action remains unclear. The 2022 edition of the African Mining Indaba was all about sustainability, with a particular focus on climate change mitigation. This represented what we thought was a giant leap forward for the global mining sector, let alone in Africa. But while the strong focus on sustainability is indeed encouraging, we couldn’t help but think that more urgency and ambition is needed to prevent the worst impacts of climate change and biodiversity loss.
- Across the board, in short, the role of activists, working alongside local communities, in holding mining companies to account remains indispensable.
- As a result, countries like DRC may struggle even more to attract the investment they want, and artisanal miners may see their already-meagre livelihoods at risk.
- SFA has supported numerous client listings by providing an independent view of the PGM markets to help secure capital from potential investors.
- SFA was commissioned to benchmark a lithium producers’ assets across the global peer group to assess its operational competitiveness and evaluate future strategic value chain opportunities.
- These warnings follow a rush for cryptocurrency miners trying to sell their often extensive collections of graphics cards, following crackdowns in China, specifically in areas where miners were taking advantage of low energy costs.
- After all, we cannot afford to reach Net Zero global emissions in 2050 if we perpetuate environmental and social injustice along the way.
Artisanal gold mining around the world is responsible for the largest release of mercury into the environment, a major source of air pollution with potentially serious health impacts, according to the US Environmental Protection Agency. Anglo American has created more than 100,000 local jobs over the past 25 years through its enterprise development initiatives. It has also joined the Paris Pledge for Action, a forum through which non-state actors commit to implement the Paris climate change agreement. IRMA is finalising a standard for “a multi-stakeholder and independently verifiable responsible mining assurance system”, which is expected to launch in 2017.
For newly launched funds, Sustainability Characteristics are typically available 6 months after launch. This chart shows the fund’s performance as the percentage loss or gain per year over the last 10 years against its benchmark. It can help you to assess how the fund has been managed in the past and compare it to its benchmark.
- The SFA team produced long-term market outlooks for lithium, nickel and cobalt to 2040 for a major mining company, evaluating the deployment of electric vehicles and future metal demand.
- SFA was tasked to assist the due diligence team of a potential new lithium mine in North America.
- The SFA team completed an analysis of the palladium market, detailing fundamentals including supply, demand, stock levels, prices, and the peer group cost curve comparisons.
- Europe is home to some of the most innovative technologies, ambitious decarbonisation targets and national strategies, and strongest value chain networks.