Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Received a certificate of environmental conformance (environmental approval) for the Baniaka iron ore project.
• Secured a 20-year agreement for the supply of clean, renewable electricity for Baniaka.
• Achieved an inaugural ESG rating of BB from Digbee ESG™.

Social Achievements

• Voluntary commitment to set aside 0.5% of gross revenue from Baniaka for social and community investment programs.
• Refurbishment of the Boumango Medical Facility.
• Educational sponsorships and support of inclusive community events.

Governance Achievements

• Adherence to the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (4th Edition).

Climate Goals & Targets

Environmental Challenges

• Commodity price volatility.
• Securing US$200-250 million in funding for Baniaka development.
• Transition to civilian government in Gabon.
• Attracting and retaining key personnel.
• Managing community and social expectations.

Mitigation Strategies

• Completed a successful AU$23.4 million fundraising to become debt-free and provide working capital.
• Engaged with potential financing partners for Baniaka.
• Monitoring the political situation in Gabon and adapting as needed.
• Focusing on attracting and retaining skilled staff.
• Implementing community and social investment programs.

Supply Chain Management

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used:

Certifications: Digbee ESG™

UN Sustainable Development Goals

• Not disclosed

Sustainable Products & Innovation

• Baniaka Green® iron ore products

Awards & Recognition

• Not disclosed