0.70$US/Lb
0.24$US/Lb
0.22$US/Lb
0.30$US/Lb
0.79$US/Lb
984.00$US/MT
1146.00$US/MT
1356.00$US/MT
452.00$US/MT
491.43$US/MT
2492.72$US/MT
2921.65$US/MT
21.11$US/MT
23.98$US/MT
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SEATTLE (Scrap Monster): The audit report of Gerdau's Miguel Burnier iron ore mine, situated in the municipality of Ouro Preto in the Minas Gerais state of Brazil, was made public by the Initiative for Responsible Mining Assurance (IRMA). When the mine was audited against the mining standard, it received an IRMA 50. SCS Global Services, an independent auditing organization, conducted the evaluation.
The iron ore mine satiated at least 50% of the IRMA Standard's requirements in each of the four main areas—social responsibility, environmental responsibility, business integrity, and planning for positive legacies—and at least substantially all 40 of the Standard's critical requirements, according to the IRMA 50 audit.
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"The performance against the 400+ IRMA requirements demonstrates the company's commitment to transparency, to more responsible mining practices, and to open dialogue with all affected stakeholders," said Wendel Gomes da Silva, Director of Mining and Raw Materials at Gerdau.
Following an initial self-assessment, the assessment system entails hiring a third-party audit firm recognized by IRMA to conduct a thorough independent evaluation. Shorter surveillance audit checks of the mine's performance will be conducted after the original audit is released. Three years following the initial audit, the operation will undergo a comprehensive audit.
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