Campaigners are raising legal concerns over the London Metal Exchange's (LME) trading of copper sourced from the controversial Grasberg mine in Papua, Indonesia. This mine employs environmentally destructive practices that would be illegal in many global jurisdictions. Its ongoing use of a riverine tailings management system produces massive amounts of toxic waste, contributing to severe environmental degradation. Indigenous communities in the region have faced severe consequences since the mine's establishment in 1973, including poverty and health problems. The issue underscores a significant ethical dilemma in global industrial metals trading.
The London Metal Exchange is at risk of breaking the law by allowing copper trading from the environmentally destructive Grasberg mine, campaigners warn.
The Grasberg mine has been allowed to use a damaging riverine tailings system, which would be illegal in many parts of the world.
Collection
[
|
...
]