Conference Proceedings
Critical Minerals Conference Proceeding 2025
Conference Proceedings
Critical Minerals Conference Proceeding 2025
Regenerating nature - mining's natural contribution to a circular economy
Intensifying environmental degradation and nature loss are globally recognised as outcomes of a linear economic model, one that has reached peak maturity and is starting to fail. a circular economy (CE) presents a more sustainable alternative. a core, but lesser recognised principle of a CE is to 'regenerate natural systems'; this principle might be the most accessible to mining companies and yet often nature programmes are treated separately. There is a key opportunity for companies to integrate their work efforts as these agendas emerge. Historically, the mining industry has had a more 'defensive' relationship with nature, attempting to minimise footprint to limit liability, with mixed success. Mining has also been identified as a key sector contributing directly to nature decline. as a result, the industry is facing increased scrutiny regarding its impact on nature; driving increasing approvals requirements and delays faced by projects, especially for those seeking to enter 'greener' markets. In an effort to activate an industry response to this challenge, the ICMM released its Nature Position Statement in 2024, in a charge towards Nature Positive goals. also in 2024, the ICMM released key guidance on Circularity. The mining industry is already practised in rehabilitating and restoring landscapes; most mining companies also have extensive understanding of their natural environment through survey and research efforts, holding significant data sets key to regeneration. However, while the circular economy model is increasingly understood in the mining industry, much of the application to date focuses on tailings reclamation, metals recycling or even metals as a service, while the principle of regenerating nature is largely not considered. By positioning efforts to regenerate nature as part of a circular economy model, mining companies can align efforts in a way which strengthens connection to broader economic drivers and improves value creation through existing skillsets and data.
Contributor(s):
C Hayes, J OBrien, O Mackay
-
SubscribeRegenerating nature - mining's natural contribution to a circular economyPDFThis product is exclusive to Digital library subscription
PD Hours
Approved activity
- Published: 2025
- Pages: 2
- PDF Size: 0.097 Mb.
- Unique ID: P-04703-B3V6D3