Environmental, Social, and Governance

Our ESG Commitment

RareX remains committed to consistently reporting key Environmental, Social, and Governance (ESG) metrics in accordance with the established framework in 2021. ESG considerations are of paramount importance as we refine project designs and advance our exploration efforts.

Playing a role in an ethical supply chain is a fundamental element in our transition from fossil fuels to renewable and low-emission transportation systems. It is a vital component of our participation in the emerging economy.

Our core values revolve around transparency, active engagement with stakeholders, and community involvement. We maintain an unwavering commitment to regularly disclosing our performance and broader ESG initiatives. We firmly believe in establishing a public track record of our performance, spanning from the initial stages of exploration all the way through to the development and operation of mining projects.

“RareX is determined to deliver Cummins Range in the right way from the very beginning. 

We started with our ESG framework which captures all of our stakeholders’ sustainability expectations and maps them to our project development phase. 

We have been delivering to these commitments, which are commensurate to our project phase, capability and the materiality of our activities’ impacts. 

We maintain transparency to this through our annual sustainability report and through our engagement with the community.”

James Durrant

CEO

Monetising
in a Sustainable Manner

ESG Framework

  • WEF consistent designed by Top5 advisor
  • Aligned to stakeholder’s expectations
  • Mapped out through exploration, development and into operations

Social Performance Framework

  • Designed to International standards UN and IFC
  • Maximises potential for positive indigenous relations
  • Provides for progressive development of social performance for all project stages

What we’re currently doing

  • TO negotiations
    towards a Mining Heritage Agreement
  • Environmental Baselines
    +75% complete
  • Aboriginal impact assessment
    defined for execution
  • Recruitment process to remove barriers for aboriginals and minority groups
  • Employment and Contracting of local and regional TOs
  • Jaru Ranger programme being investigated in conjunction with KLC