What are the top priorities for Anglo American to help contribute to our zero-emission future?
At Anglo American we are shaping ourselves to leverage three major demand trends – the energy transition; improving living standards; and food security. We believe our range of diversified products fit nicely into these three major trends shaping the world today.
Let me drill down to a specific area – the transportation sector – within these mega-trends to give an illustration of how we do business.
Our diversified portfolio includes a range of products critical to the long-term decarbonisation of transport – a sector estimated to account for over 15% of global emissions. Anglo American is a key partner to the automotive industry, supplying the precious metals enabling catalytic converters to strip pollutants from car exhaust gases as emissions regulators become ever more stringent. Anglo American has also been an early supporter of the hydrogen economy, advocating for more widespread adoption of fuel cell electric vehicles (FCEVs). In electric vehicles, we are collaborating with leaders in the sector to explore new technologies that build on the physical qualities of our portfolio of products to help tackle some of the key challenges facing the industry and contribute to the sustainable scale-up of EV travel. Our work in this space is part of our commitment to supply our customers with products tailored to their specific needs and that capitalise on the opportunities offered by ongoing technological innovation.
What are the key trends you’re seeing for the metals and mining space within the energy transition narrative?
The metals and minerals we provide are essential to the global energy transition and improving living standards for a growing and urbanising population – these are future-enabling products. We know that in their purchasing decisions, our customers value Anglo American’s longstanding reputation as a leader in sustainable mining, led by our commitment to responsible business practices. Customers are seeking greater transparency across production and logistics chains, as well as data on provenance, carbon emissions intensity, safety and the social impact of our operations, that can help determine compliance with requirements in customers specific industries or jurisdictions and to make appropriate decisions to support their sustainability strategies and other value drivers. It is against this backdrop that we introduced Valutrax™, our proprietary traceability solution using blockchain technology that gives customers an at-a-glance dashboard of their product’s provenance and key ESG indicators. Valutrax™ is currently available for our ferro-nickel, copper and iron ore customers.
What are you looking forward to at the upcoming 121 Mining Investment London event?
Continuing discussions with third party producers to secure and develop ethical product flows and value chains that meet our customers demands. Through structured financial solutions that unlock route to markets for smaller and mid sized operators, enabling them to benefit from our marketing platform, product and industry expertise, infrastructure, risk assessment skills and logistics capabilities.
Barry Jackson will be joining a panel discussion at the upcoming 121 Mining Investment London event on 15-16 May. To learn more about the event visit https://www.weare121.com/121mininginvestment-london/
