Mining responsibly to contribute to a more sustainable world.

In 2024, the Lundin Foundation and Lundin Mining developed strategic community development programs that generated economic benefits for over 30 local businesses and communities near our operations in Chile, the USA and Sweden, providing capacity-building, technical assistance and business mentoring.

Lundin Mining and the Lundin Foundation collaborated to invest in local content and economic diversification through targeted community programs. In Caldera Bay, located in the Atacama region of Chile, our efforts have focused on strengthening the local fishing industry, which operates within the area of influence of the Candelaria Mine’s port and desalination plant. Twelve local fishing organizations benefited from more than 100 hours of training and advisory support, with a strong emphasis on female participation. In the USA, we prioritized local technical skills development through the Middle College program at Eagle Mine. This program reduced barriers to post-secondary education and provided extensive training to 72 low-income first-time, college students. The program’s success is highlighted by the 2024 class, which achieved a 100% graduation rate, and an 86% employment rate. 

Building Internal Capacity for Strategic Social Investment

Lundin Mining and the Lundin Foundation collaborated with site teams to develop five-year social investment plans for all Lundin Mining operations and exploration projects. Now in the implementation phase, these social investments focus on strategic program areas—such as education, skills development, and economic diversification—to create lasting positive impacts and measurable social outcomes in local communities.

Advancing Progress on Decarbonization and Climate

The Lundin Foundation collaborated with Lundin Mining on several decarbonization initiatives, most notably by initiating a carbon offsetting strategy to support long-term decarbonization efforts. Additionally, the Lundin Foundation facilitated working sessions with Lundin Mining to assess progress and define ongoing priorities for the company’s overall climate strategy.

Updating our Strategic Approach

With a strategic focus on driving long-term growth, the Lundin Foundation is working in collaboration with Lundin Mining to update its strategy, which includes defining new initiatives and sustainability-related actions and continuing to work with local communities to advance community initiatives.