Newmont’s Cadia awarded the Copper and Molybdenum Marks

Cadia, the largest underground mine in Australia, is Newmont’s first site globally to receive these awards following a rigorous assessment of over 30 criteria covering environmental, social, and governance (ESG) standards.

As Australia’s second-largest copper producer, Cadia is now the third site in the country to attain the Copper Mark.

Also, as Australia’s only molybdenum-producing mine, it holds the unique status of being the first to achieve the Molybdenum Mark.

Molybdenum, a critical mineral used in various industries including defence, highlights Cadia’s role in supporting sustainable supply chains.

“Meeting growing global demand for copper brings an obligation to sustainability and responsible mining, which prioritises environmental stewardship, social responsibility, and economic development for the communities in which we operate,” Newmont’s chief safety and sustainability officer Suzy Retallack said.

“We take great pride in being at the forefront of the copper industry with the Copper Mark, which highlights our dedication to responsible production and transparency.”

The award not only reflects Cadia’s commitment to responsible mining but also provides global customers with an option to source copper from a mine that meets high environmental, social, and governance standards.

Additionally, Cadia has invested heavily in renewable energy, with a 15-year power purchase agreement (PPA) with Tilt Renewables’ Rye Park wind farm, supplying about half of its power needs.

“Congratulations to the team of Cadia for being the third site in Australia to achieve the Copper Mark and the first site to get the Molybdenum Mark,” The Copper Marl executive director Michèle Brülhart said.

“With this, about 35 per cent of Australia’s copper is produced at sites that have obtained the Copper Mark.”