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Home / Broking Firm / St George appoints leading environmental consultancy to advance Araxá niobium project

St George Mining

  • ASX: SGQ
    • Broking Firm
    • Clean energy

St George appoints leading environmental consultancy to advance Araxá niobium project

  • 18 November

St George Mining (ASX: SGQ) has engaged Alger Consultoria e Assessoria Juridica to advise on socio-environmental and cultural heritage matters in connection with the licensing of proposed mining operations at the advanced, high-grade niobium-REE Araxá project in Minas Gerais, Brazil.

St George is finalising arrangements for the 100% acquisition of Araxá and is focused on ensuring its Brazil-based team is ready to commence on-the-ground work as soon as the project acquisition is completed.

Highlights:

  • Delivering project licences: St George has appointed leading Brazilian environmental consultancy Alger to advise on socio-environmental and cultural heritage matters with the aim of progressing all licences required for development and operation of the Araxá niobium-REE project.
  • Industry leading experts: Alger has an impressive track record of assisting with the grant of licences for numerous mining projects in Brazil – including Brazil’s first producing lithium mine, Grota do Cirilo, owned by Sigma Lithium Resources and located in the Minas Gerais.

“The appointment of the well-credentialled Alger team to assist with our licencing process in Brazil follows the signing on 30 October of the MoU with the State of Minas Gerais, pursuant to which the State will assist us to streamline the approvals process for the Araxá project,” executive chairman John Prineas said.

“We believe these initiatives have created a strong platform to drive the project forward and secure all licences and approvals required for the successful development of a mining operation.

“The appointment of Alger also highlights St George’s commitment to conduct our operations in accordance with best-practice ESG standards. We will ensure that our mining operations will address and adhere to all relevant environmental, social and permitting standards.

“We are extremely excited about completing the acquisition of Araxá and continue to assemble a first-class team that can hit the ground running.”

Alger is based in Belo Horizonte, the capital of Minas Gerais. The firm has a lengthy and impressive track record of arranging regulatory approvals required for operating mines in Brazil, including environmental licences, heritage approvals and operation licences.

View full announcement

Peter Klinger

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