Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

LUN.TO ·

Lundin Mining Publishes 2020 Sustainability Report

Corporate Updates

Corporate Office

150 King Street West, Suite 2200

P.O. Box 38, Toronto, ON M5H 1J9

Phone: +1 416 342 5560

Fax: +1 416 348 0303

lundinmining.com

NEWS RELEASE

Lundin Mining Publishes 2020 Sustainability Report

Toronto, July 6, 2021 (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation (“Lundin Mining” or the

“Company”) is pleased to announce publication of its 2020 Sustainability Report (the “Report”). Lundin Mining has

been reporting on the safety, environmental, social and economic issues that are of greatest interest to communities

near its operations, employees, investors and other stakeholders in a compreh ensive, standalone document

since 2010.

“We have achieved sustainable improvements in our safety, environmental, social and operating performance, and our

overarching goal is to ensure sustainability is embedded in our operating disciplines as a key contr ibutor to our success,”

commented Marie Inkster, President and CEO. “In 2020, we initiated a cross-functional and collaborative process to take

us to the next level in our sustainability strategy and performance , including the creation of a multi -disciplinary

sustainability working group, an executive steering committee and a formal governance structure. Through this process,

we will continue to define, integrate and embed sustainability pillars, key themes, performance indicators and long -term

targets.”

The 2020 Sustainability Report has been prepared in accordance with the Global Reporting Initiative ("GRI")

Standards and broadly mapped against the Sustainability Accounting Standards Board ("SASB") Metals & Mining

Standard. The Report is available on Lundin Mining’s website ( https://www.lundinmining.com/responsible-

mining/sustainability-reports/).

2020 Highlights

• Worked proactively, following Pandemic Response Plans and the guidance of local health authorities and

the World Health Organization, to monitor the evolving COVID-19 pandemic and put appropriate and

protective measures in place. Worked closely with communities to identify needs and provide support.

• Formally adopted the Global Industry Standard on Tailings Management (“GISTM”). Supported by the

Company’s Responsible Mining Management System, the aim is to implement the Standard over the

next three to five years with action plans being prioritized as defined by GISTM classifications.

• Achieved b est-ever Total Recordable Injury Frequency ( “TRIF”) rate of 0.55 per 200,000 person hours

worked. While this achievement was overshadowed by the fatality at Neves-Corvo, the overall safety result

was realized during a challenging year commanding significant changes in workflow to ensure workforce

and local communities were protected from COVID-19.

• No Level 3 or above environmental incidents and a 13% decrease in Level 2 incidents.

• Steadily improved disclosure scoring ann ually in the CDP climate change report, aligned with the

Taskforce on Climate -related Financial Disclosures ( “TCFD”) recommendations , receiving a B rating

in 2020. Operations have continued to focus on addressing Scope 1 and Scope 2 Green House Gas (“GHG”)

emissions by assessing initiatives to improve energy efficiency and energy conservation and to identify

lower-carbon energy sources. Efforts to expand evalua tion of Scope 3 emissions have also been

successful.

• Approved a formal Human Rights Standard. The standard complements and enhances Lundin Mining’s

pre-existing commitment to human rights and also serves as a guide in efforts to continuously improve

understanding of how to identify, prevent, mitigate and report human rights risks and associated issues.

• Adopted a formal Diversity and Inclusion Policy, further amended in early 2021 to include target s for

achieving and maintaining a Board composition in which women comprise at least 30% of all directors,

and to sustain at least 30% of executive officer positions held by women. Carried out global diversity and

inclusion training and created the Diversity, Inclusion, Anti-Racism and Discrimination Committee, a multi-

disciplinary volunteer working group established to further Lundin Mining’s diversity and inclusion

agenda.

About Lundin Mining

Lundin Mining is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal,

Sweden and the United States of America, primarily producing copper, zinc, gold and nickel.

The information was submitted for publication, through the agency of the contact persons set out below on

July 6, 2021 at 18:00 Eastern Time.

For further information, please contact:

Mark Turner, Director, Business Valuations and Investor Relations: +1 416 342 5565

Robert Eriksson, Investor Relations Sweden: +46 8 440 54 50