Rio Tinto updates details of tailings facilities
April 30 2021 - 4:31AM
Business Wire
Rio Tinto today released updated information in relation to its
global tailings facilities to align with the requirements of the
Global Industry Standard for Tailings Management (GISTM) released
in August 2020, an initiative co-convened by the International
Council on Mining and Metals, United Nations Environment Programme
and the Principles for Responsible Investment.
The latest disclosure at http://www.riotinto.com/tailings builds
on previously disclosed information on each of Rio Tinto’s global
tailings facilities released in June 2019 and the publication of
Rio Tinto’s Group Procedure and updated Standard for 'Management of
tailings and water storage facilities' in February 2019. The
changes to existing data are in line with guidance contained in
GISTM including updating information previously disclosed.
As per the June 2019 disclosure, all facilities have been
awarded a consequence classification in accordance with the
regulatory or industry body that oversees tailings in each region
or jurisdiction. Additional technical data from recently updated
downstream impact assessments required under the GISTM and Rio
Tinto’s own internal Tailings standard have resulted in a
modification to hazard classifications of some facilities within
the company’s global operations. Consequence classifications are
not a rating of the condition of a facility or the likelihood of
failure but on the potential consequence if there were to be a
failure.
All Rio Tinto managed facilities are subject to three levels of
governance and assurance:
- First level of assurance takes place at the asset itself with
the main tenets being effective facility design, comprehensive
operational controls and regular reviews. Independent reviews of
the operations must be conducted at least every two years
- Second level is assurance to the Rio Tinto Standard through
periodic Business Conformance Audits and Technical Reviews,
supported by Rio Tinto's Surface Mining Centre of Excellence
- Third level of assurance is independent of site management and
normally conducted by third parties. In addition, all Rio Tinto
managed facilities, whether active or inactive, have an external
engineer of record or design engineer.
Full details of all Rio Tinto tailings and water storage
facilities are available at https://www.riotinto.com/tailings.
riotinto.com
Category: General
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