(NewsDirect)
Ionic Rare Earths managing director TimHarrison and Digbee Limited founder and CEO Jamie discussed theprogress Ionic has made in enhancing its environmental, social, andgovernance (ESG) systems and performance.
The company achieved a progression from a double B score to atriple B score following feedback incorporation. This improvement hassignificantly influenced the company's stakeholder engagementstrategies across various segments, notably in Uganda's localcommunities, potential financiers, and off-takers.
Harrison highlighted the company'splans to leverage the assessment outcomes for attracting strategicpartners and positioning the project within emerging supply chains,emphasizing the importance of ESG strategies in its operations.
Strauss pointed out the rapid evolution ofthe sustainability landscape, noting Ionic Rare Earths' efforts intransparency and continuous improvement as differentiators.
TheMakuutu project's advancement, particularly towards productionfrom a demonstration plant, underscores the growing necessity forsustainable financing. Strauss underscored the increasing emphasis onsustainability in critical mineral funds and private equityinvestments, stressing the importance of sustainability in securingfinancing and maintaining social licenses tooperate.
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JonathanJackson
+61 413 713 744
jonathan@proactiveinvestors.com
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