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Community and Stakeholder Engagement

MarkandAndrew2016

Iron Road Limited believes that being part of a community is an important part of doing business. We believe in the need to contribute to the social wellbeing of the areas on which we operate, as well as bringing economic and infrastructure benefits. A well planned and managed mining operation is a long term win-win for the local communities.

So we take our responsibility to the community seriously and strive to leave it with no lasting negative environmental impacts. This commitment is demonstrated in Iron Road’s business development plans and embodied in its overall philosophy.

Iron Road fosters good working relationships with the government departments it interacts with, from local councils to federal governmental administrative bodies. This has helped form strong working relationships with local people which in turn has assisted in the growth of the company.

And we are transparent at all times, ensuring there are mechanisms whereby people can contact us to discuss issues in an open and non-threatening way. When the community benefits, we benefit.

SACOME Code of Practice for Community and Stakeholder Engagement

Iron Road was one of the first signatories to the SACOME Code of Practice (CoP) for community and stakeholder engagement. The CoP underpins our engagement philosophy with the principles guiding our commitment to genuine community partnerships and building a project that grows the regions prosperity.

Click here to view the SACOME Code of Practice for community and stakeholder engagement.

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Sustained Policy Moves By Chinese Government Accelerating Steel Industry Transition To Higher Quality Raw Materials

Tuesday, 21 February 2017

Second Round of CEIP Debt Financing Discussions being held in Beijing this week

There is growing support for our CEIP project to supply high-quality, lower-emission ore to Chinese steel mills facing stricter environmental rules as the attached article in today’s China Daily suggests:

http://www.chinadaily.com.cn/business/2017-02/20/content_28261675.htm

With reports that China plans to invest 2.5 trillion yuan ($365 billion) in renewable energy through 2020 to reduce greenhouse gases and is seeking to curb emissions by iron and steel producers, there is clearly a need for the CEIP’s product.

Mills are being compelled to upgrade their plants or cease operations if they fall short of standards, according to Bloomberg Intelligence.
Managing Director Andrew Stocks said that the policy moves in China support the CEIP’S high grade iron road product and the Company will be meeting with financiers in Shanghai and Beijing over the coming months.

“The consistent high quality nature of our product will deliver significant and compelling advantages as we seek to meet the growing high end supply gap in the iron ore market.

I very much look forward to building a Project that will become a trusted and reliable supplier of premium iron concentrates to the Asian marketplace.”

Read the full China Daily story here

 

 

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