Business
Partnerships with University-Environmental Studies
Partnerships with University-Environmental Studies.
About this update from Emmerson Plc
[{"type":"text","content":"\n \nRNS Number : 7088B Emmerson PLC 03 February 2020 \n\nEmmerson Plc / Ticker: EML / Index: LSE / Sector: Mining\n3 February 2020\nEmmerson Plc (\"Emmerson\" or the \"Company\")\nPartnerships with Moroccan University PhD Candidates to Assist with Environmental Studies\n \nEmmerson Plc, the Moroccan focused potash development company, is pleased to announce that it has signed a scientific partnership with the Rabat Scientific Institute with the purpose of funding PhD scholarship studies on animal species in the area of its flagship Khemisset Potash Project (\"Khemisset\" or \"the Project\"), and which will provide key information for the Environmental Impact Assessment that is currently underway for the Project.\n \nKhemisset is a world class potash development with industry leading, low capital cost to production and, as result of its location, within close proximity to numerous key potash markets, is projected to have among the highest margins in the potash industry. This results in compelling economics including a post-tax NPV10 of over US$1.1bn using industry expert Argus FMB price forecasts.\n \nEmmerson is committed to the highest standards of corporate and social responsibility including adopting the IFC Performance Standards which provide international best practice for the sustainable development of mining projects. Ecological aspects of the project area and gaining a thorough understanding of the various species of flora and fauna is paramount, with a focus on identifying any potentially vulnerable species. The scientific partnership with the oldest scientific institution in Morocco has established a framework for granting honours scholarships for two students to prepare post-graduate theses. \n \nTo view the RNS with images please see the PDF:\nhttp://www.rns-pdf.londonstockexchange.com/rns/7088B_1-2020-2-3.pdf\n \nHighlights\n· The Company to provide a full year scholarship payment to the students as well as a confirmed budget to cover field investigation costs and the purchase of equipment and tools to be used in the two studies\n· The Rabat Scientific Institute has an established track record of collaboration with government bodies and companies on similar scientific research frameworks (www.israbat.ac.ma)\n· Partnership with two outstanding profes...