Falconbridge Limited strives to achieve world-class performance through continuous improvement of existing processes, by ensuring optimal deployment of capital, by effectively managing our existing assets and by ensuring ongoing evaluation and management of risk.

Through the active application of the Six Sigma methodology (enhanced by lean change management and team facilitation elements) Falconbridge has improved operating performance, contributing tens of millions of dollars annually to the bottom line.

The Falconbridge Capital Management Process applies the Company's project management and design for Six Sigma guidelines to provide a clear, consistent road map for major projects to follow. This Capital Management Process has enhanced the Company's deployment of capital by improving the evaluation of projects at earlier stages, by ensuring only projects that increase Company value proceed to development, by developing better solutions and implementation plans.

Falconbridge also applies an Enterprise Risk Management Program whereby risks are evaluated and mitigated on an ongoing basis.