Health and safety
Glencore has worked alongside the government to aid the impact in communities as well as keep their staff members safe during this time.
Glencore continues to effectively work towards making sure that its presence and positive impact are felt by their mining communities.
Coal production from the top ten mining companies fell from a collective 1,704 Mt in 2019 to 1,633 Mt in 2020, which is a 4.2% decline.
"Today, there is not a single investment discussion that can possibly avoid touching on ESG." - Elodie Delagneau Savasta
The drastic decline of the Zambian mining sector was never more apparent than it was this week when Glencore announced its exit from the country by selling its stake in Mopani Copper Mines for one meagre US dollar to state-controlled investment vehicle ZCCM Investment Holdings.
Glencore will retain offtake rights in respect of Mopani’s copper production until the Transaction Debt has been repaid in full.
The Municipality’s vision is to build workshop facilities with the objective of housing informal businesses operating within the township.
"It was impressive how everyone embraced going digital, despite the technical and connectivity problems at times."