Sustainability In Nickel Projects: 50 Years Of Experience At Vale Inco

While the concepts of "sustainability" and "sustainable development" were unheard of fifty years ago, today these terms are ubiquitous in our society. Through government regulation and approvals, environmental impact studies, and impact and benefit agreements, sustainability factors are embedded in new Greenfield projects. To understand how social, environmental and economic factors have been incorporated in Greenfield nickel projects, four endeavors spanning the last half-century have been analyzed -Thompson in Manitoba, P.T. Inco in Indonesia, Goro in New Caledonia and Voisey's Bay in Newfoundland and Labrador. Negotiations and preparation for each of these projects dealt with the economic, environmental and social factors important at the time. In the early projects, two parties negotiated the agreements -the relevant governmental body and the company. Today, projects involve negotiations among multiple stakeholders, notably including native groups. Environmental approvals, pre-engineering requirements and impact statements have increased dramatically. The level of governmental oversight on exploitation of the resource has increased. These factors have extended the time and cost for project completion and altered the allocation of economic benefits. Inclusion of sustainability factors in Greenfield projects is an intrinsic and growing factor. Those who wish to be successful need to develop understanding and excellence in this field.