Responsible Resources. Long-Term Value.
At Omega Mineral Resources, responsible business is fundamental to how we source, develop and market mineral resources.
We recognise that mineral activity can create significant economic opportunity while also carrying environmental, social and human rights responsibilities.
Our approach is to identify and manage these responsibilities throughout the mineral value chain from source and production through trade and delivery to international markets.
Our Approach
Responsible Mineral Development
We seek to work with mineral producers, mine operators and strategic partners that operate within applicable laws and recognised responsible business standards.
Our approach considers the environmental, social, ethical and commercial risks associated with mineral supply and development.
We aim to build relationships that support responsible production, transparent trade and long-term value creation.
Our Sustainability Priorities
Safety
The protection of people is fundamental to responsible mineral operations.
We expect appropriate health and safety practices across operating environments and encourage our partners to identify, manage and reduce risks to workers, contractors and surrounding communities.
Where Omega participates in the development or management of mineral operations, health and safety considerations form part of operational oversight.
Environment
Mineral development has an impact on land, water, ecosystems and surrounding environments.
We seek to understand and manage material environmental risks associated with the activities in which we participate.
Our environmental priorities include:
- Responsible land and resource use
- Water stewardship
- Waste management
- Pollution prevention
- Protection of ecosystems and biodiversity
- Rehabilitation and closure considerations
- Compliance with applicable environmental requirements
We expect environmental considerations to be incorporated into the development and operation of mineral assets.
Climate
The transition to a lower-carbon economy is reshaping global commodity markets.
Minerals play an important role in infrastructure, manufacturing, energy systems and technologies supporting this transition.
Omega seeks to participate responsibly in the development and trade of minerals that contribute to industrial development and the evolving global economy.
As our operating footprint develops, we will continue to assess the climate-related risks and opportunities associated with our activities.
Human Rights
Respect for human rights is a fundamental part of responsible mineral development and trade.
We seek to avoid involvement in activities that cause or contribute to human rights abuses and expect appropriate standards from our business partners and supply chain.
Our approach considers risks relating to:
- Forced labour
- Child labour
- Discrimination
- Unsafe working conditions
- Community impacts
- Land and livelihood impacts
- Security practices
- Rights of affected communities
Where material risks are identified, appropriate mitigation, corrective action or disengagement may be considered.
Responsible Sourcing
The integrity of our mineral supply begins at source.
Omega applies a risk-based approach to the qualification of mineral suppliers, producers and operating partners.
Our responsible sourcing process may consider:
Origin
Understanding where minerals are produced and the source of supply.
Counterparties
Assessing the identity, legitimacy and capability of suppliers and operating partners.
Documentation
Reviewing relevant licences, registrations, ownership and regulatory documentation.
Environmental & Social Risks
Identifying material risks associated with production and supply.
Traceability
Maintaining appropriate information regarding the movement and origin of material.
Ongoing Review
Monitoring relationships and addressing material concerns where they arise.
Our objective is to build mineral supply chains that are commercially credible, responsible and transparent.