AIM-listed Andrada Mining, a critical raw materials producer with mining and exploration assets in Namibia, has announced the publication of its Sustainability Report for the financial year ended 29 February 2025.
The report details significant achievements in health and safety, socio-economic contributions to Namibia, and the formalisation of robust ESG frameworks aligned with global best practice. The report is prepared in accordance with the Global Reporting Initiative (GRI) Universal Standards 2021, including the early adoption of GRI 14: Mining Sector 2024 standard. It is also aligned with the SASB Metals and Mining Standard, Task Force on Climate-related Financial Disclosures (TCFD), and Taskforce on Nature-related Financial Disclosures (TNFD) frameworks.
KEY Highlights
Health and Safety
- Zero Harm: Achieved a Lost Time Injury Frequency Rate (LTIFR) of 0.00 (FY2024: 3.02) and maintained a zero Fatality Injury Frequency Rate (FIFR).
- 25% reduction in Total Recordable Injury Frequency Rate to 5.07: reflecting a culture of safety and care.
Environmental Stewardship
- Improvement in energy efficiency: 8% year-on-year (YoY) improvement, demonstrating operational optimisation and climate action.
- Waste Reduction: 64% YoY reduction to 57 tonnes (FY2024:158 tonnes), reflecting the effectiveness of strengthened controls aimed at reducing hazardous material generation.
- Development of the Andrada Nature Roadmap: guiding biodiversity and nature-positive initiatives.
Social Investment
- Local Employment: 98% Namibian workforce, demonstrating our commitment to local employment and skills development.
- 36% female employee representation at operational management level, reinforcing diversity and inclusion progress.
- In-country Economic Contribution: 49% increase YoY at £31.4 million (FY2024: £21.0 million).
Governance
- Improved alignment with international standards: including progress towards the Global Industry Standard on Tailings Management (“GISTM”) and the ICMM Mining Principles. Andrada’s internal ICMM Performance Principles Assessment score improved from 41% to 54%.
- IFC-aligned grievance mechanism fully operational, ensuring transparent stakeholder engagement and conflict resolution.
Anthony Viljoen, Chief Executive Officer, commented:
"I am immensely proud to present our FY2025 Sustainability Report, which demonstrates that responsible mining and operational excellence are not competing priorities but are complementary imperatives. This year's achievements, particularly our zero lost-time injury performance and substantial expansion of local procurement, validate the strategic investments we have made in our people, processes, and partnerships. We have also laid critical foundations for the future, progressing our Nature Roadmap, moving from climate scenario analysis to strategy, and advancing our alignment with the Global Industry Standard on Tailings Management.
We recognise that our licence to operate depends not only on what we produce, but how it is produced. That is why we continue to deepen our engagement with host communities, strengthen our environmental management systems, and maintain the highest standards of governance and transparency. As we expand our portfolio and advance projects such as Brandberg West and Lithium Ridge, the sustainability standards we have established at Uis will serve as the blueprint for all future operations. We are committed to continuous improvement, transparency with all stakeholders, and ensuring that Andrada remains a leader in responsible critical minerals production.”
