Nearly two-thirds of the world’s mining and metals facilities are exposed to at least one significant physical water risk.
The study analyzed more than 12,000 facilities across 148 countries and regions.
Baseline water stress is the most common threat, affecting 38% of facilities, while drought risk affects 27% globally.
The report identifies compound water-risk hotspots in Chile, Peru, southern Africa, northern China, central India, western Australia and the western United States.
It was the new report by the International Council on Mining and Metals.
It was the first comprehensive cross-commodity analysis of water risks across the mining and metals sector.
The assessment looks at five physical water risk indicators: floods, droughts, baseline water stress, baseline water depletion and interannual variability.
Baseline water stress is the most common risk facing the mining and metals sector.
Drought is the second most widespread water risk.
Flood exposure is particularly pronounced for alumina, aluminium, steel and molybdenum production facilities.
International Council on Mining and Metals was founded in 2001, as a CEO-led leadership organization, on the premise of improving sustainable development in the mining and metals industry.