Stakeholder Engagement

OZ Minerals aims to engage its stakeholders so that we have a mutual understanding of our respective goals and objectives. Our approach is based on building mutual respect and understanding, engaging the communities we are a part of and demonstrating the value that we contribute, and forming mutually beneficial partnerships.

OZ Minerals stakeholders include a wide range of individuals and groups that directly or indirectly support, influence or are impacted by our activities. Key stakeholders include contractors, customers, employees, financial institutions, governments, local communities, shareholders and suppliers.

The stakeholder engagement summary below identifies our key stakeholders and provides an overview of their interests and concerns, and how OZ Minerals engages with them.

Stakeholder engagement summary

Stakeholder Group	Stakeholders	Interests and concerns	Engagement
Business partners – Exploration	Joint venture partners.	Exploration projects, business development, financial returns, growth, governance, risk management, political and socio-economic risk.	Regular update meetings with joint venture partners. Business development meetings with financial and mining organisations.
Customers	Smelters, refiners and downstream copper products fabricators.	Product quality, price, reliability of supply, timely delivery of monthly orders.	Regular formal and informal communication with Marketing Department staff. Personal visits by Marketing Department and Process Management staff. Newsletters sent to Prominent Hill future customers to inform them of project status. MSDS and contracts sent by hard copy, majority of other written communication by email. Site visits to customers’ plants and customers’ representatives encouraged to visit OZ Minerals’ operations.
Employees	Employees	Workplace safety and health, general working conditions, roster length, living conditions in accommodation camps, job satisfaction, career opportunities and training.	Regular communication with staff through an intranet, email alerts, hard copy newsletters and ‘noticeboard items’. Open door policy for all senior managers.
Governments	Local, provincial/state and national regulators, government agencies and diplomatic corps	Regulatory compliance, land use, ESIAs, access permits, mining leases, licences, closure provisions and plans, product stewardship, environmental performance, community relations, socioeconomic benefits.	Regular formal and informal communications with External Relations, operational senior management and staff through site visits, meetings, events and reporting (including Annual and Sustainability Reports).
Industry associations	Mining and minerals industry, commodity specific, national and international.	Best practice, lobbying for industry interests.	Representative on boards and committees, engagement on specific projects.
Investment community	Mainstream brokers, financial analysts and fund managers, sustainability and ethical investment analysts, retail investment advisors, existing and potential shareholders both domestically and internationally.	Financial returns, growth, governance, risk management.	Annual General Meeting, Annual and Sustainability Reports, Quarterly Report and shareholder summary, up-to-date website where all releases and other information on the company is maintained, direct phone contact with Investor Relations, presentations at industry conferences and briefings.
Local communities	Individuals and groups local to our operations – including traditional land owners, agriculturalists/ pastoralists, development groups, local businesses	Employment, business development, infrastructure, land access, cultural heritage, sponsorship and donations, environmental performance, transparency	Location-specific Community Relations Plans, community meetings and groups, newsletters and targeted communications, Sustainability report, surveys
Media	Print, radio, TV and interactive	Financial and operational related queries	Dedicated media relations function. Regular engagement with business and regional media through six teleconferences a year, regular ad-hoc one-on-one discussion, interviews, site visits
Non-government organisations	Local, regional and international environmental, human rights, development, corporate social responsibility and sustainability organisations	Governance, risk management, socio-economic contributions, human rights, environmental performance, compliance	Liaise directly with operational management, environment and community relations departments on specific issues. Annual and Sustainability Reports, media releases, Sustainability Group and External Relations attendance at forums and policy discussions
Shareholders	Retail 45%, Institutional 55% Australia 69%, North America 12%, UK 12%, Europe 3%, Asia 3% and other 1% as at 31 December 2008	Financial returns, growth, governance, risk management	Annual General Meeting, Annual and Sustainability reports, quarterly report and shareholder summary, website where all releases and other information on OZ Minerals is maintained and regularly updated, direct phone contact with Investor Relations
Suppliers	Local businesses to large international organisations	Supply agreements, reliable payment processes, social and environmental requirements	Supply Managers /Departments at each operation and Group Office Strategic Sourcing team support, regular reporting, communications and review, liaison with single point of contact
Other mining companies and academics	Other mining companies, mining regulators, industry associations and minerals industry academics	Company updates, project information	Papers and presentations given by executives at various industry related conferences

*Includes performance for the full reporting period, as detailed in About this Report.

Oz Minerals