Financial capital refers to our assets (including cash balances),
cash flow from operations and funding from shareholders and
other providers of capital. Allocation of these financial resources
to the other capitals allows ARM to create sustainable value for
our shareholders and other stakeholders.
Our people are crucial to achieving our strategic objectives and creating sustainable value for all stakeholders. We aim to maintain a safe, healthy and non-discriminatory work environment for all our employees and ensure that our operations are adequately resourced with skilled, engaged and motivated employees.
Relationships with all our stakeholders are key to the sustainability
of our business. In particular, the relationships we have with our
employees, host communities, regional and national governments,
and regulators allow us our social licence to operate. We continue
to engage and partner with these and other stakeholders
consistent with our strategy.
The mineral resources and reserves in our portfolio represent the
largest part of our natural capital. Natural resources including
water, electricity and fuel are then required to extract and process
the minerals that we mine.
Access to and investment in innovation and technology allow
ARM to continuously improve our production processes. Mining
is a technology intensive industry. The knowledge, experience
and expertise that we have among our subject matter experts is
key in differentiating ARM. Our intellectual capital also includes
information technology systems, risk management processes,
research and development, the Strategic Services and
Exploration division, as as our brand and reputation.
Our operations rely on above and below ground infrastructure and
specialised equipment to extract and process the minerals that we
mine. Efficient use of this infrastructure and equipment is crucial to
cost effective extraction and processing of our minerals.