Critical Reagent Processing Corp.
Climate Impact & Sustainability Data (2023-07 to 2023-12)
Reporting Period: 2023-07 to 2023-12
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Exploration risk: Uncertainty of discovering commercial quantities of minerals.
- Market risks: Volatility in the trading value of securities.
- Commodity price risks: Fluctuations in soda ash prices.
- Financing risks: Dependence on equity sales or funding partnerships.
- Competition: Competition for mineral property acquisition opportunities.
- Environmental and regulatory requirements: Need for permits and compliance with laws and regulations.
- Cyber security risks: Dependence on information technologies and potential for cyber-attacks.
Mitigation Strategies
- Cost reduction efforts during strategic focus shift to Argentina.
- Use of major banks with high credit quality for cash deposits.
- Planning and budgeting process to manage liquidity.
- Implementation of security procedures and measures to protect against cyber-attacks.