Mining, Quarrying and Coal standard setting
- Active
- Research phase
- Pedro Faria, Anna Grochowska, Fredré Ferreira, Nichita Madan
Description
The information presented on this website is a part of ongoing standard development process carried out by EFRAG. Consequently, this content does not represent the official views of EFRAG or any individual member of the EFRAG SRB or EFRAG SR TEG. The final versions of the standard will differ, as it will reflect the completion of the technical discussions that will take place in the future.
Introduction
On this page, stakeholders can find information related to the development of ESRS for Mining, Quarrying and Coal.
About the sector
The Mining, Quarrying and Coal sector is composed of Mining, Quarrying, Coal and Service sub-sectors.
The Mining sub-sector includes the extraction of metals which can be achieved by different methods, such as underground or surface mining, well operation, seabed mining, salars' exploitation, geothermal mining and others. Extraction of critical minerals such as copper, lithium, nickel, cobalt and rare earth elements is included in this sub-sector. Supplementary activities, such as crushing, grinding, washing, drying or sintering are also included. The activities in this sub-sector are classified under NACE division 07 Mining of metal ores (codes 07.10, 07.21 and 07.29).
The Quarrying sub-sector includes activities such as quarrying, rough trimming and sawing of large building stones, breaking and crushing of ornamental and building stones, the extraction and dredging of industrial sand, mining of natural phosphates and natural potassium salts, peat digging and preparation of peat to improve quality or facilitate transport or storage. It also includes extraction of salt, as well as mining and quarrying of various minerals and materials, as well as supplementary activities such as dredging of alluvial deposits, rock crushing or the use of salt marches. The activities in this sub-sector are classified under NACE division 08 Other mining and quarrying (codes 08.11, 08.12, 08.91, 08.92, 08.93, 08.99).
The Coal sub-sector includes the extraction of solid mineral fuels through underground or open-cast mining and includes operations (e.g., grading, cleaning, compressing and other steps necessary for transportation etc.) leading to a marketable product. This sub-sector includes undertakings that mine coal and manufacture coal products, whether it concerns underground or surface mining, thermal or metallurgical coal. This sub-sector also includes manufacturing of coke oven products. The activities in this sub-sector are classified under NACE division 05 Mining of coal and lignite (codes 05.10, 05.20), as well as NACE code 19.10 Manufacture of coke oven products.
The Services sub-sector includes providing support services on a fee or contract basis to the three sub-sectors mentioned above. Such services can consist of exploration services like prospecting, draining and pumping services or test drilling and test hole boring. The activities in this sub-sector are classified under NACE 09.90 Support activities for other mining and quarrying.
Reach out
EFRAG is happy to engage with you and keep you updated about any developments. EFRAG has created Sector Communities which are constituted by stakeholders interested in the development of ESRS for any given sector. These stakeholders consist of preparers and preparer organisations, civil society members, social partners, investment partners or any other organisations with a particular interest in a specific sector. These communities act as experts which are consulted by the EFRAG Secretariat from time to time as needed.
If you have any questions on the implementation of the sector agnostic standards please log your question using this link.
The Mining sub-sector includes the extraction of metals which can be achieved by different methods, such as underground or surface mining, well operation, seabed mining, salars' exploitation, geothermal mining and others. Extraction of critical minerals such as copper, lithium, nickel, cobalt and rare earth elements is included in this sub-sector. Supplementary activities, such as crushing, grinding, washing, drying or sintering are also included. The activities in this sub-sector are classified under NACE division 07 Mining of metal ores (codes 07.10, 07.21 and 07.29).
The Quarrying sub-sector includes activities such as quarrying, rough trimming and sawing of large building stones, breaking and crushing of ornamental and building stones, the extraction and dredging of industrial sand, mining of natural phosphates and natural potassium salts, peat digging and preparation of peat to improve quality or facilitate transport or storage. It also includes extraction of salt, as well as mining and quarrying of various minerals and materials, as well as supplementary activities such as dredging of alluvial deposits, rock crushing or the use of salt marches. The activities in this sub-sector are classified under NACE division 08 Other mining and quarrying (codes 08.11, 08.12, 08.91, 08.92, 08.93, 08.99).
The Coal sub-sector includes the extraction of solid mineral fuels through underground or open-cast mining and includes operations (e.g., grading, cleaning, compressing and other steps necessary for transportation etc.) leading to a marketable product. This sub-sector includes undertakings that mine coal and manufacture coal products, whether it concerns underground or surface mining, thermal or metallurgical coal. This sub-sector also includes manufacturing of coke oven products. The activities in this sub-sector are classified under NACE division 05 Mining of coal and lignite (codes 05.10, 05.20), as well as NACE code 19.10 Manufacture of coke oven products.
The Services sub-sector includes providing support services on a fee or contract basis to the three sub-sectors mentioned above. Such services can consist of exploration services like prospecting, draining and pumping services or test drilling and test hole boring. The activities in this sub-sector are classified under NACE 09.90 Support activities for other mining and quarrying.
Reach out
EFRAG is happy to engage with you and keep you updated about any developments. EFRAG has created Sector Communities which are constituted by stakeholders interested in the development of ESRS for any given sector. These stakeholders consist of preparers and preparer organisations, civil society members, social partners, investment partners or any other organisations with a particular interest in a specific sector. These communities act as experts which are consulted by the EFRAG Secretariat from time to time as needed.
If you have any questions on the implementation of the sector agnostic standards please log your question using this link.
Documents
No project documents.
