First Cobalt is committed to embedding responsible mining practices throughout our business. Our guiding principle is 'zero harm' to people, the environment, and the communities in which we operate. As our activities and operations grow in scale, we will progressively implement robust systems to manage the impacts - both positive and negative - of our business.
First Cobalt recognizes that our business success depends on the support of our local stakeholders. Therefore, we view our host communities, governments, and other local stakeholders as key partners in all stages of the mining life cycle from pre-production exploration through to operations and closure.
We believe that successful stakeholder relationships are built on respect, trust, and mutual understanding. To build these relationships, we will engage in open, honest and respectful communication with our partners.
We also recognize that we can be a catalyst for local community and economic development. Wherever possible, our operations will strive to provide regional economic opportunities, local employment, local procurement opportunities, infrastructure availability, and tax revenues for service implementation. We will work in close partnership with our host communities, governments and other local stakeholders to maximize the benefits of our activities for stakeholders.
Safety and Health
The safety and health of our employees, contractors, and host communities is paramount. We believe that mining-related injures and illnesses are unacceptable. Therefore, our approach to safety and health is guided by the 'zero harm' principle, where every employee goes home safely each and every day. We will work to embed a strong safety culture into all our operations.
We recognize that mining operations have the potential to have adverse impacts on the surrounding environment. Therefore, we will take a proactive, risk-based approach to environmental management, with robust measures that help ensure we minimize our environmental impact, while ensuring the viability of the environment for future generations. In line with our overall approach to responsible mining, the 'zero harm' principle will guide our approach to environmental management.
We recognize we have a responsibility to respect the human rights of stakeholders within our sphere of influence. This includes our direct influence on human rights as well as human rights within our supply chain. This is in line with the United Nations Guiding Principles on Business and Human Rights.
As part of the RCI, we commit - as a priority - to prevent the use of child labor in all its forms, whether directly through our businesses activities or indirectly through our supply chains. By embedding child labour prevention provisions into our business conduct, we can help ensure that our cobalt is free of such abuses.