RareX Releases Its ESG Framework

RareX Limited (RareX, the Company) (ASX: REE) is pleased to advise that it has established its Environmental, Social & Governance (ESG) Framework as part of its sustainable ESG-integrated project development approach.

The Company’s ESG Framework adopts the World Economic Forum (WEF) Framework guidelines to support its journey from exploration to operational mining activities to ensure that it has a leading approach in place from inception as it advances its flagship Cummins Range Rare Earths Project in the Kimberley region of WA towards the next stage of development.

RareX believes it has an important role to play in sustainably supplying critical and rare earth metals that are crucial for the decarbonisation of the global economy, such as electric vehicles and wind turbines, as well as advanced technical applications for telecommunications and military purposes as part of sustainable supply chains.

The RareX ESG Framework will help to ensure that it can develop Cummins Range in a responsible and balanced manner, with due regard for safety, corporate governance, the environment, Indigenous relationships, community and stakeholder engagement and other critical elements of the ESG matrix.