IperionX Limited
Climate Impact & Sustainability Data (2022, 2024)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Business Conduct & Ethics and Regulatory Compliance
- Health & Safety – Community & Employees
- End-State Vision: Tailings Management & Closure Planning
- Community & Labor Relations: Employment & Diversity/Equity/Inclusion
- Environmental Management: GHG Emissions, Air quality, water, energy, waste, biodiversity
Environmental Achievements
- Actively taking a “sustainable first” approach to all areas of development with a focus on zero carbon power, sustainable rehabilitation practices and community engagement.
- Partnering with the University of Tennessee’s Institute of Agriculture (UTIA) to conduct research and field trials for sustainable development practices at the Titan Project, including a priority focus on land rehabilitation best practices that improve post-mining land use and agricultural yields, and provide for carbon sequestration and carbon credit creation opportunities.
Social Achievements
- Building trust, broadening support, improving knowledge and promoting community participation and engagement in the development of the Titan Project.
- IperionX is committed to prioritize local procurement and hiring during the Project development, execution, and operations.
Governance Achievements
- Work is underway to prepare the IperionX 2022 Annual Sustainability Report.
Climate Goals & Targets
Short-term Goals:
- Progressing to Construction Ready by 2023
Environmental Challenges
- Supply chain disruptions due to global events and geopolitical instability.
- Securing necessary permits and approvals for project development.
Mitigation Strategies
- Developing alternative sourcing strategies and partnerships.
- Proactive engagement with regulatory bodies and stakeholders.
Supply Chain Management
Responsible Procurement
- Prioritizing local procurement
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and processes
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:7.76 kg CO2e/kg of powder (GSD process)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (planned for Virginia facility)
Total Energy Consumption:Not disclosed
Water Consumption:0.2 m3/kg of powder (GSD process)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Circular Economy
- Sustainable Supply Chains
Environmental Achievements
- Reduced carbon footprint of titanium powder production by over 90% compared to conventional methods (7.8 kg CO2e/kg vs 88.8 kg CO2e/kg).
Social Achievements
- Not disclosed
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Not disclosed
Mitigation Strategies
- Focusing on energy efficiency improvements and committing to sourcing only renewable electricity; Optimizing the use of process inputs like argon and magnesium; Sourcing from alternative suppliers who can provide lower impact material supplies.
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: ISO 14040, ISO 14044
Certifications: Null
Third-party Assurance: EarthShift Global, LLC (third-party sustainability consultant)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- 100% recycled spherical titanium powder
Awards & Recognition
- Not disclosed