https://www.miningweekly.com
Energy|Flow|Mining|PROJECT|Projects|Renewable Energy|Services|System|Systems|Technology|Flow|Products|Environmental|Operations
Energy|Flow|Mining|PROJECT|Projects|Renewable Energy|Services|System|Systems|Technology|Flow|Products|Environmental|Operations
energy|flow-company|mining|project|projects|renewable-energy|services|system|systems|technology|flow-industry-term|products|environmental|operations

IRMA releases chain of custody standard for responsibly mined materials

The cover of the IRMA CoC Standard document

Photo by IRMA

24th October 2024

By: Creamer Media Reporter

     

Font size: - +

To download a copy of the CoC Standard, click here.  (1.33 MB)

The Initiative for Responsible Mining Assurance (IRMA) has released its new Chain of Custody (CoC) Standard, which sets requirements for tracking material produced from mining operations audited against the IRMA Standard for Responsible Mining.

This enables consumer-facing brands and other actors along the supply chain to make credible claims that they are using materials from IRMA-assessed mines.

The IRMA developed the CoC Standard and system in response to demand from consumer-facing brands and other companies for independently verified socially and environmentally responsible mined materials.

Using specific requirements for tracking material from verified IRMA-audited mines and mineral processors, companies can better understand impacts in their supply chains, choose to buy from operators increasing transparency and support their suppliers to improve practices.

The CoC Standard is also designed to be compatible with other standards programmes that ensure responsible sourcing of mined materials downstream of the mine, such as those programmes being managed by global nonprofit organisation ResponsibleSteel.

In addition, the IRMA developed the CoC Standard to work in concert with existing and emerging traceability services and technologies, including blockchain and mineral identification scanning technology, besides others.

Based on the ISO 22095:2020 guidance, the CoC Standard allows for five different CoC models for CoC systems. Four models require and assure the actual physical presence of material with an IRMA Achievement Level: Identity Preserved, Segregated, Controlled Blending and Mass Balance.

One model is not connected to the physical flow of material, but an administrative record to ensure the quantity and achievement levels booked for materials from IRMA-assessed mines are not exceeded by the claims for those materials: Book and Claim Credits.

Each model has specific requirements that allow different claims to be made about materials or products that are delivered using that CoC model.

Anglo American and its subsidiries and Sibanye-Stillwater are among the global mining companies that have participated in the IRMA's assessment standards.

 

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

BOVA Safety Wear
BOVA Safety Wear

BOVA cemented their reputation in Africa by delivering high quality engineering through their range of safety footwear. 21 years after producing...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 06 December 2024
Magazine round up | 06 December 2024
6th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.051 0.078s - 130pq - 2rq
Subscribe Now