Shared value is a concept discussed often in the mining industry, but what does it look like in practice? Northern Australia plays a significant role in the global mining and minerals value chain, and shared value practice in the Northern Australian minerals industry has much to contribute as we drive towards a just energy transition.

The minerals value chain, with its roots (literally) in small communities world-wide and its branches reaching into every aspect of modern life, has a unique opportunity to achieve an extraordinary, accelerated just transition with the transformative power of dialogue.

Against a backdrop of increasing demand for minerals and increasing pressure on the environment, political tensions and the growing calls for transparent ESG action, the Development Partner Institute has pioneered a dialogue-based approach to uniting the often-disparate value chain for almost a decade, via our Development Partner Framework.

The Development Partner Framework, created through an award-winning multi-stakeholder approach and backed by titans of industry, is based on the three pillars of shared purpose, flourishing ecosystems and competitive communities, companies and countries. The thread that connects these pillars is dialogue: the foundation on which to build trust and consensus between mining and society.

From our global perspective, Australia has a key part to play in enabling three key outcomes that will keep the mining industry supplying the commodities that the world requires for growth while satisfying (or exceeding) increasingly high standards: a transparent value chain, a collaborative, development partnership-based approach to operations, and involvement of the next generation. This presentation will delve into these outcomes from the perspective of shared value, with a strong call to action.