They may have gone down the "equity" route, however SYR's EIA was still undertaken applying Equator Principles, so there will be absolutely no need for "embarrassment" down the road........
"The EIA undertaken for the Balama Graphite Mine must also meet the Equator Principles and best international practice, which is generally defined by the International Finance Corporations Performance Standards 1 to 8 (as described in Chapter 2). In order to meet these standards, and Environmental, Social & Health Impact Assessment (ESHIA) is required, and this document is henceforth therefore referred to as an ESHIA."
http://www.cesnet.co.za/pubdocs/Syrah Balama Graphite Mine Eng CB290814/Syrah Draft ESHIAR_Part1.pdf
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