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ANGLO AMERICAN PLATINUM LIMITED - Mogalakwena mine achieves IRMA 50 on responsible mining standard
2025/03/13 09:00:00Download PDF Stock report
Mogalakwena mine achieves IRMA 50 on responsible mining standard Anglo American Platinum Limited (Incorporated in the Republic of South Africa) (Registration number: 1946/022452/06) Share Code: AMS ISIN: ZAE000013181 ('The Company' or 'Anglo American Platinum') Anglo American Platinum – Mogalakwena mine achieves IRMA 50 on responsible mining standard Anglo American Platinum announces that its Mogalakwena mine in South Africa, has been assessed against the Initiative for Responsible Mining Assurance's (IRMA) comprehensive mining standard for the first time, achieving an IRMA 50 level of performance. This is a further reflection of Anglo American Platinum's integrated approach to sustainability and its commitment to transparency in striving for responsible platinum group metals (PGMs) production. Craig Miller, CEO of Anglo American Platinum said, 'As a leading adopter of the Initiative for Responsible Mining Assurance (IRMA), we recognise that stakeholders, including our shareholders and customers, need to trust where and how our metals are mined. With this latest IRMA accreditation for Mogalakwena, we have achieved our target of having all our mines assured by 2025. We are immensely proud of the work the teams are doing across all of our operations to support responsible mining, enabling us to demonstrate an ethical value chain for our metals, and we look forward to continuing to lead the way in the PGMs sector globally.' Mogalakwena is the last of the four owned mines in Anglo American Platinum's stable to complete an IRMA audit. This follows the achievement of Unki mine in Zimbabwe, the first mine in the world to publicly commit to be independently audited against the IRMA Standard for Responsible Mining achieving IRMA 75 in 2021 and reconfirmed in 2024 at IRMA 75 following a regular surveillance audit. Mototolo and Amandelbult were also audited in 2024 - for the first time, achieving IRMA 75 and IRMA 50 respectively. IRMA offers independent third-party verification against a comprehensive standard for all mined materials that provides 'one- stop coverage' of the full range of issues related to the impacts of industrial-scale mines. The IRMA scoring system recognises four levels of performance: IRMA Transparency, in which a mine is third party-assessed and publicly shares its scores; IRMA 50, 75 or 100, signifying that a mine meets a core set of critical requirements together with at least 50%, 75% or 100% of the requirements in each of the four principles of the Standard for Responsible Mining being sustainably or fully met respectively. IRMA's Standard for Responsible Mining has been developed over a decade through a public consultation process with more than 100 different individuals and organisations, including mining companies, customers and the ultimate downstream users of mined products, NGOs, labour unions, and communities, and is considered to be one of the most rigorous verification processes. Aimee Boulanger, Executive Director of IRMA, said, 'Through detailed IRMA audit reports, mining companies, communities and companies that purchase mined materials can gain the information they need to decide what's going well and what may require more attention at specific mines. Mogalakwena's report demonstrates that the mine can point to transparent, independent evaluations of their environmental and social performance along with the other three Anglo American Platinum mines in South Africa and Zimbabwe.' Johannesburg 13 March 2025 Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities For further information, please contact: Investors: Media: Theto Maake Cindy Maneveld (SA) +27 (0) 83 489 5215 (SA) +27 (0) 82 201 4779 theto.maake@angloamerican.com cindy.maneveld@angloamerican.com PlatinumIR@angloamerican.com Marcela Grochowina (SA) +27 (0) 82 400 3222 marcela.grochowina@angloamerican.com PlatinumIR@angloamerican.com Notes to editors: Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting, and refining operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable difference in the development of the communities around its operations. www.angloamericanplatinum.com Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends. Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly. Our Sustainable Mining Plan commits us to a series of stretching goals over different time horizons to ensure we contribute to a healthy environment, create thriving communities and build trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for our shareholders, for the benefit of the communities and countries in which we operate, and for society as a whole. Anglo American is re- imagining mining to improve people's lives. Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio and thereby accelerate delivery of its strategic priorities of Operational excellence, Portfolio simplification, and Growth. This portfolio transformation will focus Anglo American on its world-class resource asset base in copper, premium iron ore and crop nutrients, once the sale of our steelmaking coal and nickel businesses, the demerger of our PGMs business (Anglo American Platinum), and the separation of our iconic diamond business (De Beers) have been completed. www.angloamerican.com Date: 13-03-2025 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.