Latin Resources adopts ESG framework as it develops environmentally sustainable projects
"Latin Resources is pleased to be following globally recommended ESG standards, especially with the development of our environmentally sustainable mineral projects with Halloysite and lithium being our major focus,” executive director Chris Gale said.
Latin Resources Ltd (ASX:LRS) has adopted an Environmental, Social and Governance (ESG) framework as it seeks to measure the impact of its operations on the environment, the sustainability of the businesses and the products it creates.
LRS is committed to health, safety, environment and community impacts and to meeting and exceeding its ESG framework, including 21 core metrics and disclosures created by the World Economic Forum (WEF).
To help monitor, and report on its ESG disclosure progress, LRS has turned to impact monitoring technology platform Socialsuite to streamline the disclosure and ongoing ESG reporting process.
Latin’s projects favour an ESG approach
Latin Resources Noomenberry Project, 300 kilometres east of Perth in Western Australia, contains one of the premier halloysite deposits in the country.
The Cloud Nine deposit has a maiden mineral resource estimate of 207 million tonnes (Mt) of kaolinised granite with 123Mt of bright white kaolinite and 84Mt of halloysite-bearing material.
While kaolinite is known mostly for its use in paper and ceramics, halloysite has several key environmentally friendly properties and can be used to assist with the management of Greenhouse Gases (GHG) and can be mined with extremely low environmental impact...