Industry News

ASI recertifies Ma'aden Aluminium with the Chain of Custody Standard V2 certification

Views : 26
Update time : 2024-08-27 15:56:26
Ma'aden Aluminium, Saudi Arabia's premier mining company, was successfully re-certified with the ASI Chain of Custody Standard V2 for its bauxite mining at the Al-Baitha Mine and its operations at Ras al-Khair industrial city, which encompasses alumina refining, smelting, and the production of ingots, billets, and slabs.

The certification also extends to aluminium remelting and flat-rolled product manufacturing. Notably, all recertification conducted after June 1, 2023, must adhere to the updated 2022 ASI Chain of Custody Standard, which Ma’aden Aluminium has successfully transitioned to.

The ASI Performance Standard V3 and Chain of Custody Standard V2, introduced in May 2022, elevate the expectations for responsible practices in the aluminium industry. The ASI Performance Standard V3 outlines 11 principles and 62 criteria across three sustainability pillars—Environment, Social, and Governance.

This updated standard addresses critical issues in the aluminium value chain, including biodiversity, Indigenous Peoples’ rights, circularity, and greenhouse gas emissions, aiming to promote more sustainable and ethical production and sourcing practices.

The 2023 ASI Strategy emphasizes a commitment to regularly update ASI Guidance between major revisions. This iterative approach enables ASI to swiftly adapt to rapid changes in the sustainability landscape, incorporate lessons from ongoing certification experiences, anticipate future issues for inclusion in upcoming normative documents, and address issues in planned priority waves, among other advantages.

Related News
Read More >>
China's bauxite import in September hit hard with serial disruptions. Will 2025 be any different? China's bauxite import in September hit hard with serial disruptions. Will 2025 be any different?
Nov .15.2024
China's bauxite import in September hit hard with serial disruptions. Will 2025 be any different?
Egypt Aluminium achieves 45% of previous year’s net profit in only Q1, marking 160% Y-o-Y growth Egypt Aluminium achieves 45% of previous year’s net profit in only Q1, marking 160% Y-o-Y growth
Nov .15.2024
Egypt Aluminium achieves 45% of previous year’s net profit in only Q1, marking 160% Y-o-Y growth
Nigeria signs $1.2 billion contract to revive gas plants needed for aluminum industry Nigeria signs $1.2 billion contract to revive gas plants needed for aluminum industry
Nov .15.2024
Nigeria signs $1.2 billion contract to revive gas plants needed for aluminum industry
Constellium achieves industrial-scale sorting of automotive aluminum scrap using LIBS technology Constellium achieves industrial-scale sorting of automotive aluminum scrap using LIBS technology
Nov .15.2024
Constellium achieves industrial-scale sorting of automotive aluminum scrap using LIBS technology