Horizonte Minerals - Update on Araguaia CSR Initiatives
HORIZONTE UPDATES ON ITS COMMUNITY ENGAGEMENT AND CSR FOR THE LOCAL COMMUNITIES SURROUNDING THE ARAGUAIA NICKEL PROJECT
· Horizonte has supported local communities since its initial discovery of the project;
· The Company is running several new social impact projects, tackling issues specific to the region, in partnership with local community organisations; and
· These projects include:
o Strengthening the local supply chain;
o Sex education and reproductive health; and
o Diversification of the rural economy.
"We are very proud of what we have achieved, and are continuing to achieve, on the ground at Araguaia working in partnership with the communities and local authorities. Since Horizonte's initial discovery of the project, we have always strived to ensure that the local communities not only benefit from us being there, but also embrace this project as valued partners.
This means ensuring our community programs are a core part of our strategy, where socio-economic development is prioritised as a fundamental aspect of our work in the region. We are particularly proud of the economic agricultural diversity projects we have helped to establish, working to empower and support local business, including the participation of women and young people. We look forward to 2020 and new opportunities to make a difference in the community."
Detailed Information of CSR Projects:
1. FIEPA (State of Pará
The single largest economic contribution to the local society for most mining projects occurs in the supply chain.
The purpose of the
The project will develop a group of local educators to provide and promote information on reproductive health, which we hope to have a real and lasting impact on a number of health indicators in the local communities.
Partnerships are being developed with university institutions and the Local Municipal Government's Education/Health/Tourism/Social Welfare departments to ensure that the beneficial work of this project will be replicated and integrated across the broader project area of influence throughout 2020.
3. Economic agriculture diversification projects:
Flour Production Facility -
The Flour Production Facility is a partnership formed between the local Joncon community, the Municipal Conceição do Araguaia government, the
The focus of this enterprise aims to enable rural women to diversify their skillsets and benefit economically from the efficient cultivation of cassava (locally known as mandioca) which will then be processed to make flour. The cassava root is particularly vital in Brazilian culture, forming an important source of carbohydrate and has been cultivated for centuries in traditional cultures. The Women's Flour Facility will purchase the cassava roots from local farms to be milled into flour or sold on for direct consumption.
During the third quarter of 2019 Horizonte donated building materials to construct the facility and played an important role in attracting other community partners into the project.
Cocoa Crops Cultivation
The Company, in partnership with
Having built a nursery, more than 17,000 cocoa seedlings - in addition to several species of native Brazilian trees, were grown and produced, ready for planting. Horizonte worked to provide free technical training to over 30 local producers during the course of 2019.
Horizonte's involvement included visits to existing cacao producers in nearby regions of the
Support to Local Agribusiness
Since 2018, the
Initially Horizonte supported the industrial facility by supplying building materials but is now financing the electrical fit out to allow the facility to be fully commissioned and the Company looks forward to the results which are expected in 2020.
For further information visit www.horizonteminerals.com or contact:
| || |
| || |
+44 (0) 203 356 2901
| || |
+44 (0) 207 260 1000
| || |
| || |
+44 (0) 20 186 9952
Tavistock (Financial PR)
| || |
+44 (0) 207 920 3150
Horizonte shareholders include: Teck Resources Limited, Canaccord Genuity Group, JP Morgan,
This information is provided by RNS, the news service of the
Quick facts: Horizonte Minerals PLC
Market Cap: £54.96 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE