Lifezone Metals Limited
Climate Impact & Sustainability Data (H1 2023)
Reporting Period: H1 2023
Environmental Metrics
ESG Focus Areas
- Sustainability
- Community Relations
- Safety
- Environmental Management
Environmental Achievements
- Hydromet Technology, a lower-energy intensity, significantly less carbon intensive, and lower cost alternative to conventional smelting.
- Recorded more than one million hours without a Lost Time Injury since the project was acquired in 2019.
- NEMC approved an updated Kabanga Environmental and Social Management Plan
Social Achievements
- Signed MoU with Ngara District Council providing $88,000 towards 2022 CSR projects and $110,000 for 2023 projects.
- Tembo Young Talent Program kicked off with 10 graduate intakes.
- Signed a community security and safety Memorandum of Understanding (MoU) with the Tanzanian police
Governance Achievements
- Public listing on the NYSE.
- Established an Independent Tailings Review Board (ITRB).
Climate Goals & Targets
Medium-term Goals:
- Commissioning of a commercial scale PGM recycling facility in the U.S. by the end of 2025.
Short-term Goals:
- Deliver the Definitive Feasibility Study (DFS) by Q3 2024.
- Complete the North Zone drilling program by mid-September 2023.
- Complete the Safari Link drilling program within six months.
Environmental Challenges
- Supply chain disruptions (implied)
- Securing necessary permits and approvals
- Managing community relations and stakeholder expectations
Mitigation Strategies
- Comprehensive program in place with an operating team of 100+ actively focused on community engagement, environment, CSR and social performance
- Collaboration with BHP and the Tanzanian government
- Proactive engagement with local communities and stakeholders
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Lower carbon emissions through Hydromet Technology
Sustainable Products & Innovation
- Hydromet Technology