Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Governance
• Communities & People
• Environmental Stewardship
• Energy Efficiency

Environmental Achievements

• Designed spent ore storage facility as a dry facility with liners, seepage collection systems, and leak detection systems.
• Completed numerous studies to characterize the habitat of Tiehm’s buckwheat and related species.
• Developed comprehensive protection and conservation plans for Tiehm’s buckwheat in coordination with the U.S. Fish and Wildlife Service and BLM.
• Constructed a greenhouse to grow Tiehm’s buckwheat seedlings.

Social Achievements

• Zero reportable injuries in 278,895 hours worked on the Project to date.
• 43% of workforce was female (up from 36% in FY 2021).
• Continued to enthusiastically support various events and organizations in the Fish Lake Valley and surrounding areas.
• Developed community engagement plans considering potential disproportionate social or environmental impacts.

Governance Achievements

• Formalised ESG Committee to assist the Board with ensuring accountability for material issues, risks, and performance.
• Adopted the Toward Sustainable Mining (TSM) framework for ESG and the Minerals Council of Australia’s 10 principles of enduring value.
• Implemented its ESG Committee to assist the Board in monitoring concerns, risks, and performance of the Company with respect to health, safety, environment, and community.

Climate Goals & Targets

Environmental Challenges

• Proposed endangered species listing of Tiehm’s buckwheat.
• Potential for disproportionate social or environmental impacts on certain community members.

Mitigation Strategies

• Completed numerous studies to characterize the habitat of Tiehm’s buckwheat and related species.
• Developed comprehensive protection and conservation plans for Tiehm’s buckwheat.
• Revised Plan of Operations to completely avoid existing Tiehm’s buckwheat populations.
• Developing community engagement plans to address potential disproportionate impacts.

Supply Chain Management

Responsible Procurement

• Inclusion of language preventing forced and child labor in all material contracts and purchase orders

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Toward Sustainable Mining (TSM), Minerals Council of Australia’s 10 principles of enduring value

Environmental Metrics

ESG Focus Areas

• Sustainability
• Water Usage
• Greenhouse Gas Emissions
• Environmental Protection

Environmental Achievements

• Majority of on-site power will be met with CO2-free energy production, low greenhouse gas emissions.
• Project design implements best-in-class water utilization while recycling the majority of water usage.
• Expected to use 30x less water per tonne than existing U.S. production

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Biodiversity and land use
• Climate change and greenhouse gas emissions
• Local communities and Indigenous Peoples
• Talent attraction, development, and retention
• Water and effluents

Environmental Achievements

• Biodiversity Conservation Efforts: Collected 3,600 Tiehm’s Buckwheat seeds and achieved a 20% germination rate. Collected 8,000 additional seeds from the Rhyolite Ridge site. Seeds stored at Rae Selling Berry Seed Bank.
• Tiehm’s Buckwheat Protection Plan: Implemented comprehensive plan including monitoring plant health, preventing habitat disturbance, and promoting species recovery.
• Golden Eagle Protection: Established a one-mile buffer zone around an occupied Golden Eagle nest.
• Advancements in Permitting and Regulatory Compliance: Advanced through key stages of the NEPA permitting process.
• Maintaining Environmental Compliance: Met all regulatory requirements for environmental permits.
• ISO 14001 Environmental Management System: Maintained EMS in accordance with ISO 14001:2015 standards, completing a comprehensive Environmental Aspects and Impacts assessment.

Social Achievements

• Zero injuries or lost time over 57,642 hours worked by full-time employees.
• Safety Management System development initiated.
• Supported workforce upskilling through safety-related training sessions.
• Exceeded 30% gender diversity target for workforce (45% female in 2024).
• Developed People Pledge based on employee feedback.
• Launched Syntrio, a 24/7 confidential grievance submission platform.

Governance Achievements

• Developed a document register for the TSM Community, Indigenous, and Tribal Nations Action Plan and formalised community consultation processes, engagement strategy, and grievance mechanisms.
• Revised Stakeholder Mapping Plan completed.
• Strengthened governance framework by updating data security policies, developing a Risk Policy and refining our Risk Register, and establishing a 24/7 Whistleblower reporting hotline.
• Implemented Anti-Bribery and Corruption (ABC) training.
• Conducted a materiality assessment and evaluated alignment with IFRS Standards.

Climate Goals & Targets

Environmental Challenges

• Attracting qualified candidates in rural areas.
• Increased attrition.
• Managing potential challenges related to water resources.
• Minimising impacts on biodiversity during construction and operation.
• Reducing GHG emissions from operational processing phase.

Mitigation Strategies

• Implemented a three-month notice period to address employment security concerns.
• Developed a draft Talent Acquisition Plan.
• Integrating advanced water management and efficiency practices into the Project.
• Developed specific measures to avoid, minimise, and compensate for unavoidable project effects to natural resources and biological diversity.
• Exploring various decarbonisation strategies, including small-scale carbon capture and storage, and opportunities in development of sustainable supply chains.

Supply Chain Management

Responsible Procurement

• Supplier Code of Ethics requiring adherence to ILO Declaration of Fundamental Principles and Rights at Work

Climate-Related Risks & Opportunities

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards 2021, SASB for Metals and Mining industry standard, version 2023-12, IFRS General Requirements for Disclosure of Sustainability-related (S1) and Climate-related (S2) Financial Information, Toward Sustainable Mining (TSM)

Certifications: ISO 14001:2015