Our ESG Credentials
Independent ESG Assessment
Ionic Rare Earths is focused on building a global magnet and heavy rare earths mining, refining and recycling circular economy business.
In doing so, sustainable mining practices and business ethics must be upheld and transparently reported upon with a focus on continuous improvement.
Ionic Rare Earths’ initial Digbee ESG™ submission in September 2022 was awarded an overall “BB” ESG score for Corporate and Makuutu Rare Earth Project activities. The report paves a path for operational and reporting improvements to be addressed across all pillars of Environmental, Social and Governance.
Ionic Rare Earths next Digbee ESG™ submission is currently in development and an updated assessment is expected in Q1 2024.
Our Commitment to the UN Sustainable Development Goals
As part of our effort to build a more resilient and sustainable world for future generations, Ionic Rare Earths intends to apply the Sustainable Development Goals (SDGs) across all operating jurisdictions to drive business culture and action to achieve the aims for Agenda 2030.
In September 2022, Ionic Rare Earths joined the United Nations Global Compact, the World’s largest global sustainability impact initiative.
The Ten Principles consist of the SDGs and fall under the four pillars of human rights, labour standards, environmental protection, and anti-corruption.
Impact through Social Development Programs
Creating a legacy of positive social, economic, and environmental impact for future generations is a core focus for Ionic Rare Earths.
Social benefits continue to accelerate across local communities in the Bugweri, Mayuge, Bugiri and Iganga districts that host the Makuutu Rare Earths Project.
These programs include employment, support and improved social services in one of the poorest parts of Uganda.
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