Almonty Industries Inc.
Climate Impact & Sustainability Data (2024-06-30)
Reporting Period: 2024-06-30
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Re-open Los Santos Mine in early-2025 after infrastructure modifications for higher recovery rates from tailings.
Environmental Challenges
- Interest rate risk
- Foreign currency risk
- Credit risk
- Liquidity risk
- Restoration and reclamation obligations at Los Santos, Sangdong, and Panasqueira mines.
Mitigation Strategies
- Company may in the future become a borrower of an additional material amount of funds or repay its existing outstanding long-term debt at any time without penalty.
- The Company is currently pursuing debt and equity financing opportunities to increase its liquidity.
- The Company is developing and will implement a remediation plan to address the material weakness described above. Specifically, the Company plans to increase the depth and timeliness of management’s review procedures over the financial close process and related ICFR.
- The restoration provision currently recognized by the Company is estimated to be sufficient to cover any remedial restoration and reclamation work needed upon completion of the tailings reprocessing operation.
- Upon approval of the mine plan, the Company intends to arrange an insurance policy to cover any increase in the assessed reclamation requirements.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed