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First Class Metals keep up the pace

28 December 2022 15:05
LON: FCM
First Class Metals' historic Sunbeam Mine

After a massive 2022 following a blockbuster IPO in July, First Class Metals plans to keep up the pace in the new year, having adopted its inaugural Environmental, Social and Governance policy statement (ESG).

The ESG outlines how First Class Metals will commit to responsible, transparent and ethical critical mineral exploration across its substantial holdings on the world-class Schreiber-Hemlo greenstone belt and the recently acquired historical Sunbeam project.

Summarising how the company will approach ESG issues, the policy outlines the five pillars that its exploration activities will be built on: responsible stewardship of its holdings, being a strong partner for local communities, becoming an enabler for the coming renewable energy transition, ensuring safe workplaces and providing good governance with an inclusive culture.

The company said that the ESG will be at the centre of everything it undertakes.

“ESG is essential to our business and aligned with our operations, activities and strategic decision-making,” executive director Ayub Bodi said.

“We are committed to continuously enhancing the transparency and accountability of our ESG goals and evolving our practices to be an industry leader by safely and responsibly discovering the raw materials vital for today’s modern society and generations to come.”

FCM’s London Stock Exchange-listed share price was trading at 17.25 British pence today (3:04 pm UTC+ 8 hours).

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