Steencore’s Lithium Production and Responsible Sourcing
As a global leader in the commodities sector, Steencore is actively engaged in the responsible sourcing and production of lithium, a critical mineral powering the modern energy revolution. Lithium is indispensable for the production of batteries used in electric vehicles (EVs), energy storage systems, and a wide range of electronic devices, making it a cornerstone of the transition towards a sustainable, low-carbon future.
Global and African Lithium Reserves
While countries such as Chile, Argentina, and Australia are recognized as global leaders in lithium production, there is a growing interest in the development of lithium resources in Africa, particularly in nations like Zimbabwe, Namibia, and Mali. Africa's untapped lithium potential offers significant opportunities to contribute to the global demand for this critical mineral, and Steencore is at the forefront of this shift, working to harness these resources while ensuring ethical and sustainable practices throughout the supply chain.
Steencore’s Commitment to Ethical Lithium Sourcing
As lithium demand surges due to the expansion of EV production and renewable energy technologies, concerns about ethical procurement have come to the forefront. Steencore takes a proactive stance in addressing these concerns by adhering to the Organisation for Economic Co-operation and Development (OECD) guidelines for responsible mineral sourcing. These guidelines aim to ensure that lithium supply chains are managed in a way that upholds human rights, prevents involvement in conflicts, and fosters environmental sustainability.
Our approach is built on a solid foundation of transparency, accountability, and continuous improvement. Steencore ensures that all our lithium procurement and production operations follow rigorous due diligence frameworks that include:
Collaborating with Local Communities and Stakeholders
At Steencore, we understand that responsible lithium sourcing goes beyond compliance—it involves genuine engagement with the communities where we operate. We actively work with local governments, NGOs, and other stakeholders to ensure that our mining practices do not negatively impact the environment or the social fabric of local communities.
We prioritize initiatives that promote local development, such as investing in infrastructure, education, and health services. By fostering partnerships with local communities, we aim to create long-term economic benefits while mitigating potential negative impacts associated with lithium extraction, such as land degradation and water resource depletion.
The Future of Lithium in Africa: A Sustainable Path Forward
Steencore is committed to contributing to the sustainable development of Africa's lithium resources, positioning the continent as a key player in the global lithium market. By aligning our operations with international standards, such as the OECD due diligence guidelines, we ensure that our lithium is responsibly sourced and can support the growth of the electric vehicle and renewable energy sectors without compromising ethical principles.
This approach not only protects the environment and safeguards human rights but also enhances the global reputation of African lithium as a sustainable and responsibly sourced resource. As the world continues to shift toward clean energy, Steencore is proud to play a pivotal role in the responsible production and supply of lithium, ensuring that this critical mineral is available to power the technologies of tomorrow while promoting social and environmental progress.