Minera Los Pelambres, one of the world’s leading copper producers and operated by Antofagasta PLC and a Japanese consortium that includes Marubeni Corporation, was recently awarded the Copper Mark as of November 30, 2022.

Antofagasta owns 60% of the operation with the remaining 40% held by a Japanese consortium as follows: JX Nippon Mining & Metals 15.79%, Marubeni 9.21%, Mitsubishi Materials 10% and Mitsubishi Corp 5%.

The Copper Mark, founded by the International Copper Association (ICA), is a comprehensive, credible assurance framework that demonstrates the copper industry’s responsible production practices and industry contribution to the United Nations SDGs (Sustainable Development Goals). The Copper Mark company was established as an independent entity in 2019. In order to be identified as a contributor to SDG 12 and receive the Copper Mark, copper producers are assessed against a set of 32 responsible production criteria.

Minera Los Pelambres became the 10th in Chile and the 31st in the world to receive the Copper Mark. Following Marubeni’s previous announcements that Minera Centinela and Minera Antucoya, which are both 30% owned by Marubeni, were awarded the Copper Mark, Marubeni is pleased to announce that, with Minera Los Pelambres also having received the Copper Mark, all copper mines in which Marubeni participates have now received this distinguished designation.

Going forward, Marubeni says it will focus on the continuous improvement of responsible copper production in the copper industry and aim to strengthen the company’s commitment to the SDGs.