Letter from the Chair
I am very pleased to provide this introduction to the first Sustainability Report produced by Black Rock Mining Limited.
The purpose of a Sustainability Report is to provide stakeholders information and a concise and complete record of our ESG activities and results on an annual basis. It will explain how we approach our obligation to operate in a sustainable manner, how we identify and assess impacts, manage risk and how we aim to ensure our future performance will meet high standards of sustainability in the communities in which we operate. This particular report provides an overview of the sustainability activities of Black Rock Mining Limited and its Tanzanian subsidiary Faru Graphite Corporation (collectively the Company), for the year ended 30 June 2024.
The Company is focused on operating in a responsible and sustainable manner, minimising any environmental impacts, optimising energy efficiency and using resources appropriately. The Company also recognizes the importance of appropriately managing the risks which derive from mining activities to ensure a high standard of outcomes for local communities and other stakeholders. Accordingly, our goal is to ensure that our activities not only comply with current local legislation but are also aligned with external international guidelines such as the UN’s Global Compact, IFC Performance Standards and the Equator Principles.
This year we are particularly proud of the four Environmental and Social Impact Assessments (ESIA) we have completed for the Mahenge Graphite Project and its supporting infrastructure footprints. One key output from those studies has been a Stakeholder Engagement Plan, which will guide our future community action programs, aiming to support local stakeholders through education, healthcare, and economic opportunities. These ESIA and the various reports and plans completed subsequently are substantial bodies of work and I commend all our employees and consultants for their efforts, extensive engagement and the deep commitment to our local communities in the completion of this work.
As we move forward to build and operate the Mahenge mine, we remain committed to transparency and accountability in our sustainability efforts and to social value creation. We invite all our stakeholders to join us on this journey towards ensuring our legacy at Mahenge is positive and long lasting.
Thank you for your continued support.
Sincerely,
Richard Crookes
Chairman, Black Rock Mining Limited
