Tag Archives: Tania Constable

Minerals Council of Australia members to adopt Canada’s TSM sustainability system

Environmental, Mining industry recognition, Mining policy, Sustainable mining, , , , , ,

Australia’s minerals industry is to introduce the Mining Association of Canada’s Towards Sustainable Mining (TSM) system to, the Minerals Council of Australia says, further improve site-level performance through regular and transparent reporting on safety, environmental and social indicators, including partnerships with First Nations landholders and communities.

Adopting TSM – implemented worldwide among key mining nations – will support companies in demonstrating site-level safety, sustainability and environmental, social and governance performance through better measurement and accountability, the MCA said. TSM will also show how operations engage with Traditional Owners while supporting social and economic aspirations and heritage protection.

MCA CEO, Tania Constable, said the phased introduction of TSM as an expectation of MCA membership will give industry stakeholders, including First Nations partners, local communities and groups, investors and customers, additional assurance and visibility on the sector’s site-level sustainability performance across a range of important practical measures.

TSM builds on existing commitments to Enduring Value – the Australian minerals industry’s corporate-level sustainable development framework – by providing a consistent and independently verified approach to assess and communicate site level performance, supporting trust and enhancing confidence in the industry’s sustainability credentials, the MCA said.

Constable added: “Australian mining is a global leader in sustainability performance, and it’s time to take another step forward to enhance community, investor and customer trust and confidence in the industry.”

Mining Association of Canada CEO, Pierre Gratton, said: “TSM has led to better outcomes for mining communities in Canada and around the world, and it’s great that Australia has chosen TSM as the vehicle to demonstrate environmental and social performance in its mining sector. We are very proud of TSM’s increasingly global reach and power to improve sustainability through measuring site-level performance.”

The system includes guiding principles and standardised protocols to be adapted for Australian implementation, including:

  • Communities and people: Indigenous and community relationships, safety and health, crisis management and communication planning, preventing child and forced labour;
  • Environmental stewardship: biodiversity conservation management, tailings management, water stewardship; and
  • Climate change: site-level targets and management.

The program was established in 2004 by the Mining Association of Canada to enable mining companies to demonstrate how they are meeting society’s needs for minerals, metals and energy products in the most socially, economically and environmentally responsible way, with its core strengths including:

  • Accountability: participation in TSM will be an expectation for all Mining Association of Canada members for their Australian operations, with assessments conducted at the facility level where the mining activity takes place;
  • Transparency: members will publicly report their performance in line with standardised protocols and indicators; and
  • Credibility: TSM includes ongoing consultation with a national Community of Interest Advisory Panel, an independent multi-stakeholder group, to oversee and shape the program for continual advancement.

Adani Mining finds funds for Carmichael thermal coal project in Queensland

Coal technology, Energy minerals, Mineral project development, Mining finance, Power supply for mines, , , , , ,

Adani Mining has managed to get together the financing needed to develop its massive Carmichael coal mine and rail project in Queensland, Australia, after parent company, the Adani Group, said 100% of the funds would come through its own resources.

The announcement follows recent changes to simplify construction and reduce the initial capital requirements for Carmichael, which is expected to produce some 27.5 Mt/y of high-quality thermal coal once fully ramped up.

Adani Mining CEO Lucas Dow said construction and operation of the mine will now begin.

“Our work in recent months has culminated in Adani Group’s approval of the revised project plan that de-risks the initial stage of the Carmichael mine and rail project by adopting a narrow-gauge rail solution combined with a reduced ramp up volume for the mine,” Dow said.

“This means we’ve minimised our execution risk and initial capital outlay. The sharpening of the mine plan has kept operating costs to a minimum and ensures the project remains within the first quartile of the global cost curve. All coal produced in the initial ramp up phase will be consumed by the Adani Group’s captive requirements.

“We will now begin developing a smaller open-cut mine comparable to many other Queensland coal mines and will ramp up production over time to 27.5 Mt/y,” he said.

The construction for the shorter narrow-gauge rail line will also begin to match the production schedule, he added.

The company has already invested $3.3 billion in Adani’s Australian businesses, according to Dow. “[This] is a clear demonstration of our capacity to deliver a financing solution for the revised scope of the mine and rail project.

Carmichael is expected to deliver more than 1,500 direct jobs on the mine and rail projects during the initial ramp-up and construction phase, and will support thousands more indirect jobs, all of which will benefit regional Queensland communities, Adani said.

Preparatory works at the mine site are imminent and Adani Mining is working with regulators to finalise the remaining required management plans, ahead of coal production, some of which have been subject to two years of state and federal government review.

“This process is expected to be complete and provided by the governments in the next few weeks,” Adani said.

Today’s announcement follows eight years of planning, securing approvals and successfully contesting legal challenges from anti-mining activists, according to Dow.

“We have worked tirelessly to clear the required hurdles,” he said. “Given we meet the same environmental standards and operate under the same regulations as other miners, we expect that Adani Mining will be treated no differently than any other Queensland mining company.”

Located more than 300 km west of the Queensland coast, the Carmichael thermal coal mine and rail project will transport coal from the Galilee Basin to countries in Asia, including India, Vietnam and China.

In addition to the number of jobs and tax revenues Carmichael will create, the mine will also open the north Galilee Basin for further development, according to Tania Constable, Chief Executive Officer of the Minerals Council of Australia.

“[This is] an exciting new phase in Australia’s rich history of mining exploration and development, which has made our nation a global mining powerhouse,” she said.