Climate Change Data

Environmental Metrics

ESG Focus Areas

• Community Investment
• Health and Safety

Environmental Achievements

• Minimal disruption to construction during tropical storm Kai-Tak due to adopted run-off and drainage precautions.
• Completion of a community suspension bridge as part of the Company’s social responsibility plan.

Social Achievements

• Completion of a community suspension bridge improving transportation and safety for residents.
• Assistance with emergency relief and repairs to affected families after tropical storm Kai-Tak.
• Support for the local community kindergarten class.

Governance Achievements

• Appointment of new board members and executives with relevant experience in mining and operations.

Climate Goals & Targets

Environmental Challenges

• Project delays due to various factors (government regulations, contractual disputes, labor issues, weather, etc.).
• Need for additional funding to complete development and commissioning.
• Dependence on a single customer (Jinchuan) for off-take agreement.
• Potential for revocation of licenses and permits.
• Political and economic instability in Vietnam.
• Risks associated with supply chain disruptions.
• Potential conflicts of interest among directors and officers.
• Illiquid market for AMR's securities.
• Significant shareholder (Pala) holding a controlling interest.

Mitigation Strategies

• Negotiations for project debt financing.
• Retention of an Australian mining contractor to ensure efficient commencement of mining.
• Application for exploration licenses and amendments to existing mining licenses.
• Implementation of health, safety, and environmental measures (e.g., SOS medical staffing, first aid stations).
• Addressing risks through disclosure and adherence to relevant regulations.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Tropical storms and unusual weather patterns

Reporting Standards

Frameworks Used: IFRS