OUR APPROACH
The health and safety of our workforce and communities and the protection of the environment are fundamental to our extensive tailings management programs and approach. Our objective is to have zero fatalities, zero catastrophic failures and zero unplanned discharges from any of our tailings facilities.
We remain dedicated to the safe execution of our tailings management programs by maintaining robust, multi-tiered governance, which includes appropriately qualified personnel with clearly defined roles, responsibilities and accountabilities. Our board and executive management are firmly committed to providing the necessary financial and technical resources to maintain the safety and integrity of our tailings facilities globally, with a focus on risk management and continuous improvement.
FCX's Tailings Management Policy outlines our continued commitment to managing our tailings responsibly and effectively across our sites globally. This policy is designed to be implemented in conjunction with our Environmental, Human Rights and Social Performance policies as well as our associated management systems. Additionally, we are committed to implementing the Global Industry Standard on Tailings Management (the Tailings Standard) at our applicable tailings storage facilities (TSFs) in the Americas.
FCX has comprehensive measures in place to help ensure our tailings facilities are designed, built, operated, closed and monitored to minimize risk to our workforce, communities and the environment. Although there is some overlap among the categories, our safeguards generally fall within four categories: (1) engineering practices and safe designs, (2) adherence to construction and operational parameters through monitoring and use of technology, (3) multi-tiered oversight and robust management of change and (4) adherence to practices grounded in continuous improvement and learning from past experiences, including industry failures and best practices.
Tailings Standard Implentation
FCX is on track to implement the Tailings Standard at remaining applicable tailings storage facilities by August 2025, in line with ICMM's deadline and subject to third-party assurance and concurrence. Conformance has been achieved for TSFs at all operating sites. We have also progressed the review of our closed and discontinued operations to determine whether they meet the Safe Closure designation per the Tailings Standard; if they do not satisfy Safe Closure expectations, we are committed to implementing the standard per our commitment as an ICMM member.
To learn more, please see our 2024 ANNUAL REPORT ON SUSTAINABILITY
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