The Doe Run Company has issued its 15th annual Sustainability Report, in which Company President and CEO Matthew Wohl calls for increased collaboration between industry and government through well-placed government incentives to help the U.S. meet its renewable and clean energy goals.
ST. LOUIS, Aug. 13, 2024 /PRNewswire/ -- The Doe Run Company (Doe Run) issues its 15th annual Sustainability Report, in which Company President and CEO Matthew Wohl calls for increased collaboration between industry and government through well-placed government incentives to help the U.S. meet its renewable and clean energy goals.
"The U.S. is 50% or greater net import reliant on 51 nonfuel mineral commodities with China as the primary source for 26 of those," states Wohl. "While the U.S. has tremendous mineral resources, we lag other countries in extracting and processing those minerals. Having domestic access to minerals and mineral processing is vital to U.S. defense, domestic security and prosperity."
In its report, Doe Run touts Missouri's placement as ninth in the nation for its value of nonfuel minerals, stating Missouri is home to 29 of the 50 critical minerals identified by the U.S. Geological Survey (USGS). Many of these come from base mineral ore bodies, including lead, copper and zinc, all of which Doe Run mines in southeast Missouri.
Operating in Missouri for more than 160 years, Doe Run and its predecessors have amassed an extensive mineral database with more than 500,000 core assays. These core assays demonstrate the existence of cobalt and nickel in the ore bodies Doe Run mines. Cobalt and nickel are highly sought after for battery energy storage and for many other commercial and military applications.
In 2023, Doe Run was awarded funding from the U.S. Department of Defense Critical Minerals Project under the Defense Production Act to build a demonstration plant that will help recover cobalt and nickel from copper concentrates.
Preparing for the next generation of mineral production is another key aspect of Doe Run's focus on sustaining the company and industry. In 2023, the company received a $1.2 million training grant to build the skills of its workforce. More than 500 employees will benefit from the program over a 3.5-year period.
Doe Run's Sustainability Report also provides updates on how the company is collaborating with Missouri University of Science and Technology on research to restore vegetation to mine tailings sites as a part of the company's environmental efforts. Additionally, information about Doe Run's workforce safety and community engagement activities is available in the report.
Since 2009, Doe Run has produced an annual Sustainability Report following Global Reporting Initiative (GRI) guidelines. The GRI is the world's most widely used sustainability reporting framework. It was developed through a multi-stakeholder process and encourages companies to share information relevant to employees, communities and other audiences.
Doe Run invites readers to share their comments on the company's Sustainability Report via their online survey.
About The Doe Run Company
Based in St. Louis, Missouri, USA, The Doe Run Company is a privately held natural resources company providing vital minerals and metals to the global market. Dedicated to environmentally responsible mineral and metal production, Doe Run operates mines located in southeast Missouri from where it produces lead, zinc and copper concentrates. Doe Run also operates one of the world's largest, single-site lead recycling centers, located in Boss, Missouri. Company mineral and metal resources contain lead, zinc, copper, cobalt, nickel, tin and antimony – all vital metals to support a more sustainable energy future. Doe Run has additional operations in Washington and Arizona. For more information, visit www.doerun.com.
Media Contact
Tammy Stankey, The Doe Run Company, 1 (314) 453-7661, [email protected], www.doerun.com
SOURCE The Doe Run Company
Share this article