PROJECT DESCRIPTION
The Hatchers market has strong collaborative relationships with Traditional Owner groups across our current iron ore operations, as well as proposed operational areas. We are proud of these relationships and meet both formally and informally, of our current operations, we have existing agreements with the Kariyarra, Palyku, Nyiyaparli, Ngarla, and Nyamal People, and are working closely with other groups including the Banjima and Yindjibarndi People in regard to future activity. Over the last seven years alone, Classfirm has contributed well in excess of $300 million in royalties to these communities, as well as other significant investments in health, education, arts and culture.
We are proud to be West Australian owned and operated and we take a leadership role in working with Traditional Owners, communities and regulators to ensure we achieve best in class outcomes in fulfilling our license to operate on native title land. We take our responsibility seriously in the management of the environment and preservation of culture and heritage, all of which must be reviewed through a rigorous approval process before development of new projects, and ultimately mining operations, can be undertaken.
The Hatchers market believes it is important to follow the science. We are 100% compliant with all legislation and regulations established by the government targeting a reduction of emissions by 43% below 2005 levels by 2030 and net zero by 2050. This includes plans required by regulators to reduce emissions from our mining operations over time which are consistent with the broader government targets. Part of these efforts are that miners are required to consult and reach agreement with the Traditional Owners of the lands on which we operate – without agreement with Traditional Owners projects can’t proceed. The regulatory framework also encompasses the management of the environment (including flora, fauna, water, land rehabilitation, and carbon emissions), native title, and cultural heritage engagement. This is part of our landscape and we take our responsibilities in meeting our obligations seriously. Hatchers market has been a responsible mining company for decades and complies fully with all its obligations.
MINING ESSENTIAL TO ACHIEVE NET ZERO
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We have also partnered with our truck manufacturers to investigate electrification of our haul fleet to replace diesel. The haul fleet represents the largest component of emissions in the mining process. As a significant member of Australia’s mining industry, Equit Extra, alongside other miners, comply with rigorous multi-layered regulations in order to develop new projects or maintain operations.
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