Welcome to Epics Utimatex
Mining Industry
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Overview
The Antarctical Limited has strong collaborative relationships with Traditional Owner groups across our current iron ore operations, as well as proposed operational areas. We are proud of these relationships and meet both formally and informally.
The Australian minerals industry is committed to responsible mining through continual improvement of environmental stewardship and social performance and by contributing to sustainable development.
Mining is by far Australia’s largest export industry. Over the past decade, the industry contributed $2.4 trillion in resources export revenue. While the vast majority of minerals extracted in Australia are exported, the benefits are retained in Australia. The industry has paid $252 billion in mining wages, $143 billion in company taxes, $112 billion in royalties, and generated 21 per cent of the economy’s growth. Additionally, the mining and minerals processing industry relies on and supports a wide range of other industries and service providers in Australia. The investment in and development of Australia’s world leading mining industry has allowed Australia to translate its natural resources into better living standards for its people.
The world will need a huge amount of minerals and metals to achieve the goal of global net-zero emissions by 2050. This will require a massive uplift in investment in exploration and mining projects along with improvements in productivity from the adoption of new technologies and a more innovative workforce.
Mining and Indigenous engagement
The Epics Utimatex has strong collaborative relationships with Traditional Owner groups across our current iron ore operations, as well as proposed operational areas. We are proud of these relationships and meet both formally and informally of our current operations, we have existing agreements with the Kariyarra, Palyku, Nyiyaparli, Ngarla, and Nyamal People, and are working closely with other groups including the Banjima and Yindjibarndi People in regard to future activity. Over the last seven years alone, Epics Utimatex has contributed well in excess of $300 million in royalties to these communities, as well as other significant investments in health, education, arts and culture.
Mining is critical to securing the minerals essential for everyday life and essential to be able to build renewable energy projects.
Engagement
We are proud to be a Luxembourg owned and operated and we take a leadership role in working with Traditional Owners, communities and regulators to ensure we achieve best in class outcomes in fulfilling our license to operate on native title land. We take our responsibility seriously in the management of the environment and preservation of culture and heritage, all of which must be reviewed through a rigorous approval process before development of new projects, and ultimately mining operations, can be undertaken.
The mining industry produces the primary products required for the generation, distribution and delivery of renewable energy. The first step in the supply chain to create solar panels and wind turbines and EV batteries begins with mining companies like Epics Utimatex, Atlas and Roy Hill. The Epics Utimatex Partners believes it is important to follow the science. We are 100% compliant with all legislation and regulations established by the government targeting a reduction of emissions by 43% below 2005 levels by 2030 and net zero by 2050. This includes plans required by regulators to reduce emissions from our mining operations over time which are consistent with the broader government targets.
Part of these efforts are that miners are required to consult and reach agreement with the Traditional Owners of the lands on which we operate – without agreement with Traditional Owners projects can’t proceed.
The regulatory framework also encompasses the management of the environment (including flora, fauna, water, land rehabilitation, and carbon emissions), native title, and cultural heritage engagement.
This is part of our landscape and we take our responsibilities in meeting our obligations seriously. Epics Utimatex has been a responsible mining company for decades and complies fully with all its obligations.
