We generate value through low-cost operations, investments in exploration and capacity, energy generation, and continuous improvements in operational efficiency throughout the business cycle.
Corporate governance
Energy, Engineering,
construction-infrastructure,
innovation & services
Our purpose guides our strategic decisions, balancing our needs with those of our stakeholders and the environment. Sustainability is at the core of our purpose, ensuring the organization’s long-term viability while upholding our socio-environmental responsibilities.
Our approach to sustainability is based on three principles:
Embed sustainability in our organizational culture
Our organizational culture, grounded in our CRIL values (trust, responsibility, respect, integrity, and loyalty), inspires us to manage both our positive and negative impacts on sustainable development responsibly. We aspire to conduct our activities without causing harm to people or the environment.
Operate in a socially and environmentally compatible manner
We aim to operate within the planet’s limits and in line with the aspirations and expectations of our people, communities, and other stakeholders. Our approach focuses on preserving the health, safety, and well-being of our workforce, while respecting human rights and the rights of Indigenous peoples. We are committed to protecting the environment through efficient water use, reducing our carbon footprint, responsibly managing tailings storage facilities, controlling atmospheric emissions, restoring mining sites, conserving biodiversity, and implementing other sustainability initiatives. We also strive to responsibly manage our social impact by addressing community concerns and interests.
Share benefits with our stakeholders
Our mining, metallurgical, and chemical operations create and distribute economic value in the regions where we operate. We invest in developing our people’s talent and strengthening the capabilities of our partners across the value chain. We generate employment and support local suppliers in our host communities. Beyond maintaining our social license to operate, we support causes that matter to our communities and contribute to their relevance and resilience through social programs and partnerships with governments and civil society.
We are convinced that we build trust with our stakeholders by transparently communicating the Direct Economic Value Generated and Distributed (EVG&D).
| 49.89% | Operating costs |
| 10.67% | Wages and benefits |
| 20.33% | Contractors and suppliers |
| 12.47% | Federal taxes |
| 1.51% | Other taxes and duties |
| 3.83% | Financial expenses and exchange rate results (interests) |
| 1.29% | Dividends declared for the period |
In thousand of dollars
| Economic value generated | 2024 | 2023 |
|---|---|---|
| Revenue | 6,650,079 | 5,928,965 |
| Financial income (interests) | 78,292 | 100,797 |
| Economic value distributed | ||
|---|---|---|
| Operating costs | 2,907,620 | 3,072,031 |
| Wages and benefits | 622,060 | 621,235 |
| Contractors and suppliers | 1,184,930 | 1,307,199 |
| Federal taxes | 727,084 | -342,649 |
| Other taxes and duties | 88,213 | 82,482 |
| Financial expenses and exchange rate results (interests) | 223,376 | 429,264 |
| Dividends declared for the period | 75,336 | 56,492 |
| TOTAL | 5,828,619 | 5,226,054 |
The information was obtained from the audited financial statements and consolidated income statement accounts, that are based on accrual accounting.
Direct Economic Value Generated and Distributed
Material to our business
Creating value
Protecting value
We also identified the SDGs to which we indirectly contribute:
Relationship between the SDGs and our management of impacts, risks, and opportunities 
TOP 10
Environmental
social
gobernanza