PERTH (miningweekly.com) – ASX-listed Rafaella Resources is exploring green energy for its Santa Comba tungsten and tin project, in Spain.
The company on Wednesday announced that it had signed a memorandum of understanding (MoU) with Spanish renewable energy developer Capital Energy Reads to explore the supply of green energy to the Santa Comba project, as well as any other future Spanish projects.
The green energy drive forms part of Rafaella’s adoption of an environmental, social and governance (ESG) framework with 21 core metrics and disclosures, crated by the World Economic Forum.
“The company is committed to adopting the highest ESG standards with the aim of minimising its environmental footprint,” said MD Steven Turner.
“Where possible Rafaella will work with local authorities to ensure that investment benefits the local communities through employment and procurement of services. The signing of the MoU with Capital Energy allies Rafaella with a well-respected developer of Spanish renewable projects and we look forward to building that relationship as the Santa Comba project advances.”
Rafaella in March announced a decision to bring forward the underground development at Santa Comba operation, which was last operated in 1985 and has some 7 000 m of workings with visible access to high-grade wolframite veins.