Highfield Resources welcomes Social Baseline Study from Government of Navarra on positive socio-economic outlook for Muga Potash Project
Highfield Resources Ltd (ASX:HFR) (FRA:23H) has welcomed the independent Social Baseline Study of the Muga Potash Mine from the Government of Navarra in Spain which has concluded that the mine represents a significant positive socioeconomic potential for the local region.
The ‘Observatorio de la Realidad Social’, a social department of the Government of Navarra, released the study on March 4, 2021, determining that the mine will be able to reverse local depopulation which is severely affecting the local communities.
It also concluded that it could reverse the higher rates of local unemployment and that Muga could significantly boost the economies of the rural Navarran communities with indirect business opportunities.
The report also outlines eight collaborative strategies for the regional government, authorities and the company to follow in order to achieve a sustainable implementation and growth.