Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Water Management
• Gender Diversity
• Health and Safety
• Community Engagement
• First Nations Engagement
• Governance

Environmental Achievements

• Reduced water consumption through optimisation work on water treatment, reagent recovery and water recovery systems
• Reduced trucks on community roads (Dubbo Project)
• Registration of a section of Dubbo Project property as a carbon farming project under the Australian Government’s Emissions Reduction Fund (ERF)
• Biodiversity offsets (Dubbo Project)
• Ongoing pest animal control programs, fence maintenance, noxious weed control, and thinning of White Cypress Pine to improve biodiversity (Dubbo Project)

Social Achievements

• Launched Macquarie Agricultural Pathways Program partnering with Macquarie Anglican Grammar School
• Strong gender diversity results in Australian operations (50% female in Executive Management)
• First sale and delivery of neodymium praseodymium metal from the Korean Metals Plant
• Engaged with local Elders and Aboriginal organisations associated with the Dubbo Project land
• Korean Metals Plant officially opened in May 2022
• World Safety Day acknowledged at the Korean Metals Plant with additional training

Governance Achievements

• Strengthened governance framework, focusing on Environment and Sustainability
• Commenced work on a Health, Safety, Security and Environment management system
• Established several new policies (available on ASM website)

Climate Goals & Targets

Environmental Challenges

• COVID-19 and supply chain disruptions impacting the installation of equipment at the Korean Metals Plant
• Delays in securing project financing for the Dubbo Project

Mitigation Strategies

• ASM team overcame challenges with installation of neodymium praseodymium and titanium furnaces completed before year-end, commissioning underway
• Engaged with Australian and Korean government funding agencies and Australian, Korean and global project finance banks to advance project financing
• Appointed ANZ as debt financial advisors
• Secured equity investment of USD 15 million from KCF Energy Co. Ltd

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: TCFD

Certifications: ISO 14001:2015, ISO 9000

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed