The Initiative for Responsible Mining Assurance

The Initiative for Responsible Mining Assurance (IRMA) standard provides a framework for developing responsible processes in our value chain throughout the mining life cycle. In September 2020, we began the self-assessment process at the Salar de Atacama operations to determine the degree of alignment and design our work plan.

The standard contributes to analysis of 26 topics and their requirements based on four principles: Business Integrity, Planning for Positive Legacies, Social Responsibility and Environmental Responsibility.

Salar de Atacama mine scored IRMA 75 when independently assessed against the IRMA Standard for Responsible Mining. We volunteered to have our mine measured against the IRMA Standard in order to provide stakeholders the transparency and accountability needed to help us reach our goal of becoming the world’s most responsible source of lithium.

Commitments

Progress Report

Participate, respond to the self-assessment and take part in follow-up audit of the standard requirements.

In the process of completing the self-assessment in preparation for the IRMA independent audit beginning in 2021.

2022: Integrate the principles of responsible mining based on the IRMA standard for our business practices and achieve continuous improvement based on our sustainability strategy to achieve at least IRMA 50 by 2025.

2022: Complete self-assessment stage 1 (check)

2022: We become official members of IRMA. More information aquí

2022: Complete stage 2 site audit (check)