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Assesing Climate Change Risk in the Mining Industry: A Case Study in the Copper Industry in the Antofagasta Region, Chile

Author

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  • J. Ignacio Del Rio

    (Department of Industrial Engineering, Universidad de Chile, Santiago 8370456, Chile)

  • Paulina Fernandez

    (Department of Mining Engineering, Universidad de Chile, Santiago 8370451, Chile)

  • Emilio Castillo

    (Department of Mining Engineering, Universidad de Chile, Santiago 8370451, Chile)

  • Luis Felipe Orellana

    (Department of Mining Engineering, Universidad de Chile, Santiago 8370451, Chile
    Advanced Mining Technology Center (AMTC), Universidad de Chile, Santiago 8370451, Chile
    Solar Energy Research Center (SERC), Universidad de Chile, Santiago 8370451, Chile)

Abstract

The challenges climate change poses require careful consideration and addressing within specific industries. In the mining context, climate change introduces potential limitations to the sustainable sourcing of minerals, thereby amplifying the criticality of several metals. However, most studies examining mineral criticality fail to assess the localized impacts of climate change, despite significant variations occurring at a relatively small scale. In this study, we propose a methodological approach for conducting a climate risk assessment in the mining industry, encompassing the identification of relevant hazards, vulnerabilities, and exposure specific to the sector. To illustrate the application of this approach, we utilize micro-level data for the Antofagasta region in Chile, a prominent mining cluster situated in a country projected to be profoundly affected by climate change. The findings of this study underscore the necessity for coordinated efforts in adaptation and climate resilience while offering a valuable tool for allocating resources to more vulnerable locations, thus strengthening the mineral supply chain.

Suggested Citation

  • J. Ignacio Del Rio & Paulina Fernandez & Emilio Castillo & Luis Felipe Orellana, 2023. "Assesing Climate Change Risk in the Mining Industry: A Case Study in the Copper Industry in the Antofagasta Region, Chile," Commodities, MDPI, vol. 2(3), pages 1-15, July.
    • Handle: RePEc:gam:jcommo:v:2:y:2023:i:3:p:15-260:d:1196498
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    References listed on IDEAS

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    1. Saleem H. Ali & Damien Giurco & Nicholas Arndt & Edmund Nickless & Graham Brown & Alecos Demetriades & Ray Durrheim & Maria Amélia Enriquez & Judith Kinnaird & Anna Littleboy & Lawrence D. Meinert & R, 2017. "Mineral supply for sustainable development requires resource governance," Nature, Nature, vol. 543(7645), pages 367-372, March.
    2. Carlos Madeira, 2022. "A review of the future impact of climate change in Chile: economic output and other outcomes," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(8), pages 1-22, December.
    3. Barton Loechel & Jane Hodgkinson & Kieren Moffat, 2013. "Climate change adaptation in Australian mining communities: comparing mining company and local government views and activities," Climatic Change, Springer, vol. 119(2), pages 465-477, July.
    4. Saleem H. Ali & Damien Giurco & Nicholas Arndt & Edmund Nickless & Graham Brown & Alecos Demetriades & Ray Durrheim & Maria Amélia Enriquez & Judith Kinnaird & Anna Littleboy & Lawrence D. Meinert & R, 2017. "Correction: Corrigendum: Mineral supply for sustainable development requires resource governance," Nature, Nature, vol. 547(7662), pages 246-246, July.
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