St George Mining partners with Alger for Araxá licenses

St George Mining (ASX:SGQ) has appointed Alger Consultoria e Assessoria Juridica to assist with essential socio-environmental and cultural heritage licenses for the Araxá niobium-REE project in Minas Gerais, Brazil. This partnership reflects the company's commitment to adhering to best-practice ESG standards as it finalizes the project's acquisition.

St George Mining's strategic focus on Araxá Project

St George Mining (ASX:SGQ) is finalizing its acquisition of the Araxá Project in Minas Gerais, Brazil, and has engaged Alger Consultoria e Assessoria Juridica to guide them through obtaining required socio-environmental and cultural heritage licenses. This move underscores the company's commitment to best-practice ESG standards and strategic focus on advancing the project. With Alger's proven track record, including successful projects like the Grota do Cirilo lithium mine, St George aims to ensure compliance with all necessary regulations. The collaboration aligns with a recent MoU with the State of Minas Gerais, facilitating the project's regulatory approval process.

Executive commentary on consultancy engagement

The appointment of Alger Consultoria e Assessoria Juridica is a significant step in advancing the Araxá Project. Their expertise in regulatory compliance will be invaluable as we move towards initiating on-the-ground activities.