Due to the nature of the mining industry, biodiversity has always been a key focus of environmental management at CMOC. We formulated our Biodiversity Vision in 2021, which commits to “ensuring no net loss of biodiversity from operations by continuously improving management and implementing mitigation measures.” Guided by this vision, we will progressively develop key implementation strategies and establish a framework of core indicators to improve data aggregation, monitoring, and review.

CMOC is committed to developing strategies that align with internationally recognized good practice strategies to mitigate the impact of our operations on biodiversity. All of the Company’s operations identify and survey nature reserves, ecological reserves, and rare species of flora and fauna, explicitly identify the ecological sensitivity of the areas in which we operate, assess the status of biological resources, and identify anticipated effects potentially resulting from the development of greenfield or brownfield projects. Accurate impact definition in turn drives application of the mitigation hierarchy in typical stages, such as “avoid, reduce, mitigate, and offset” and the subsequent development of biodiversity management plans if needed.

The actions described above, associated with project environmental impact assessments, are a common requirement under the regulatory systems that govern our operations in various countries. At TFM in the DRC, the Company's efforts also align with internationally recognized good practice frameworks, including the guidelines and standards of the International Finance Corporation (IFC), notably IFC Performance Standard 6 on Biodiversity Conservation and Living Natural Resources. Each of CMOC's operating sites is also governed by individual site environmental policies and procedures that recognize biodiversity risk. As a new mine, KFM is in the process of developing its own biodiversity management system that aligns with the Group's policies.