leadf
logo-loader
viewEmmerson PLC

Emmerson completes ESIA assessment for Khemisset potash project

“The ESIA has been done to the highest standard recommended by the World Bank, with no corners cut," said chief executive Graham Clarke.

Emmerson PLC - Emmerson completes ESIA assessment for Khemisset potash project
The company is working to deliver a significant potash fertiliser project in Morocco.

Emmerson PLC (LON:EML) told investors it has now completed all of the workstreams required for an environmental and social impact assessment (ESIA) for the Khemisset potash project in Northern Morocco.

The company noted that the ESIA package comprises two concurrent phases of work, an extensive baseline programme that started early in project development and the ESIA study itself which got underway earlier this year.

It highlighted that the work has been completed in line with International Finance Corporation (IFC) performance standards and the 'equator principles', which are global benchmarks for mining projects.

READ: Emmerson is working to make Khemisset ‘shovel ready’

Findings from the report will be reflected in the final project design and upcoming front-end engineering design (FEED) process.

"We have said that we want to do the right things in the right way, with no exceptions,” said Graham Clarke, Emmerson chief executive.

“The ESIA has been done to the highest standard recommended by the World Bank, with no corners cut.

Clarke added: “The environmental and social impact of a new major project is of real importance to any company that concerns itself with maintaining a record of sustainability.

“We are confident that the results of our work will demonstrate that Khemisset is going to be accepted as an important new potash mine to the benefit of Morocco and the shareholders of Emmerson.”

Quick facts: Emmerson PLC

Price: 4.433 GBX

LSE:EML
Market: LSE
Market Cap: £32.21 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

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...

In exchange for publishing services rendered by the Company on behalf of Emmerson PLC named herein, including the promotion by the Company of Emmerson PLC in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

Emmerson completes ESIA assessment for Khemisset potash project, with...

Emmerson PLC (LON:EML) Graham Clarke talks to Proactive London about the completion of the their work streams required for the ESIA Khemisset potash project in Northern Morocco. Clarke says the project is now on track for approval in early 2021, 'once we key the key piece of the jigsaw to be...

1 week, 5 days ago

2 min read