Lundin Mining Corporation — Ethics Grade D
Lundin Mining Corporation receives an overall ethics grade of D (34/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.
Category scores
- labor: 50
- privacy: 90
- consumer: 70
- environment: 25
- humanRights: 15
Documented incidents (3)
- Tierra Amarilla Sinkhole (high, 2022) — A massive 32-meter wide sinkhole appeared near the Alcaparrosa mine in Chile. Authorities investigated the company for over-extraction of copper ore which allegedly destabilized the local geography.
- Sudan Complicity Allegations (high, 2021) — Executives faced formal charges in Sweden for complicity in war crimes in Sudan between 1999 and 2003. The investigation focused on military operations carried out to secure the company's oil operations.
- Water Usage Violations (medium, 2023) — The Chilean environmental regulator filed charges against the Candelaria mine for unauthorized water use in a drought-stricken region. This led to significant local community protests regarding water security.
Documented good deeds
- Renewable Energy Transition — Signed long-term solar and wind power purchase agreements for European operations to reduce carbon footprint.
Ethical alternatives
- Boliden AB — Stronger track record in recycling and low-carbon smelting operations.