Alara Resources Limited, an ASX mid-tier copper producer, has released its latest sustainability report, focusing on its safety and health performance, environmental management, and commitment to sustainable practices. The report outlines the company’s progress in key areas such as safety and health, people and culture, economic contributions, community relationships, human rights, ethics and business integrity, cybersecurity, responsible value chain, and closure planning.
Material actions and disclosures
Alara reports zero lost-time injury (LTI) performance in the reported quarters, with quarterly near-miss, unsafe act/condition, and training metrics. The company also emphasizes its focus on periodic health assessments and maintaining a zero-harm culture. Additionally, Alara has completed an ISO certification audit and is growing its Omanisation efforts, reflecting its commitment to local talent development.
Regarding environmental management, Alara monitors air, noise, water, and waste at its Al Wash-hi Majaza operations, ensuring compliance with Omani regulations. The company also recycles process water at the concentrator and manages tailings through filter presses, improving water recovery.
Alara’s economic contributions include significant payments to suppliers and employees, as well as royalties paid to the Government of Oman. The company also engages openly with local communities around its operations, addressing grievances and fostering positive relationships.
Forward commitments
Looking ahead, Alara aims to publish full-year LTIFR/TRIFR metrics and maintain its zero-harm focus. The company also plans to report on headcount, Omanisation, and gender data, and to prepare for ASX Corporate Governance Principles 5th edition.
Furthermore, Alara intends to document customer due-diligence expectations and update its closure cost estimate with a life-of-mine plan. The company also plans to prepare for AASB S2, focusing on climate-related disclosure and managing energy and diesel intensity.
These commitments reflect Alara’s ongoing efforts to enhance its sustainability practices and align with evolving regulatory and stakeholder expectations.