OZ Minerals Ltd.
Industry Group: Diversified Metals
Country/Region: Australia
Identifier: -
Oz Minerals is a midtier miner that produced 125,000 metric tons of copper and 240,000 ounces of gold in 2021. Production is mainly from Carrapateena and Prominent Hill mines in South Australia, with Brazil a minor contributor. It is increasing production at its Australian mines while also pursuing incremental production in Brazil, targeting annual production of 220,000 metric tons of copper and 400,000 ounces of gold later this decade. Carrapateena and Prominent Hill’s cash costs will likely remain in the lowest quartile of the cost curve once expanded, while Brazilian operations are smaller and higher cost. The West Musgrave nickel project in Western Australia is likely to be approved in 2022, which will add an average of 26,000 metric tons of nickel for its 20-year-plus life.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Diversified Metals 56 out of 246
Universe
Global Universe 12647 out of 16081
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Corporación Nacional del Cobre de Chile |
24.8
Medium
|
17 out of 246 |
OZ Minerals Ltd. |
32.7
High
|
56 out of 246 |
Vedanta Resources Ltd. |
35.9
High
|
74 out of 246 |
Minera México SA de CV |
37
High
|
79 out of 246 |
Allkem Ltd. |
38.2
High
|
86 out of 246 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
OZ Minerals Ltd.'s Exposure is High
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
OZ Minerals Ltd.'s Management of ESG Material Risk is Strong
How do the ESG Risk Ratings work?
Top Material ESG Issues for OZ Minerals Ltd.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted OZ Minerals Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level