On the 19th of December the Initiative for Responsible Mining Assurance (IRMA) released the results of the independent audit on Syrah’s Balama graphite operation.
The Balama graphite operation received an IRMA 50 certification from SCS Global Services for meeting all essential requirements. Therefore achieving over 50% compliance across the standard’s four pillars. These include, social and environmental responsibility, business integrity, and positive legacy planning. “This report demonstrates that mines supplying materials essential to the renewable energy transition can point to transparent, independent evaluations of their environmental and social performance,” noted Aimee Boulanger, the Executive Director of IRMA.
In terms of environmental responsibility the IRMA audit covered: waste and materials management, water management, air quality, noise and vibration, greenhouse gas emissions, and finally biodiversity, ecosystem services and protected areas. In all topics measured Balama passed, a testament to their dedication towards the environment and local communities.
The importance of receiving the IRMA 50 certification was demonstrated by Syrah Managing Director and CEO Shaun Verner, saying: “Achieving IRMA 50 is a significant milestone for Syrah in our commitment to operate in line with international best practice for responsible mining. This accomplishment is a first in the global graphite industry and highlights nearly a decade of strengthening our differentiated ESG performance, particularly Balama’s strong safety record, investment in training and developing a highly skilled workforce, ongoing community development, human rights due diligence, legal governance and compliance, stakeholder engagement and demonstrated commitment to environmental sustainability.”
It’s encouraging to see mining projects prioritizing environmental impact and generating meaningful local employment.
