Climate Change Data

Applied Graphite Technologies

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Vein Graphite is naturally very high grade with 95% carbon purity shipping directly from the mine, and therefore does not require primary beneficiation (nor a tailings dam). It is also mined by underground methods giving it a small surface footprint.

Social Achievements

  • Experienced management team entrenched in Sri Lanka with experience building graphite mines
  • Significant cash-flow potential with ability to scale asset
  • Near and long-term catalysts with consistent news flow

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Develop a 50,000 tpy processing facility with and OEM offtake agreement (2026-2027)
  • Increase potential annual sales revenue to $0.5B per year (2026-2027)
Medium-term Goals:
  • Upgrade Unprocessed graphite to battery-quality graphite (2025-2026)
  • Mine expansion and project acquisition (2025-2026)
Short-term Goals:
  • Achieve +20,000 tonnes annual bulk sampling to attract OEM offtake (2024-2025)

Environmental Challenges

  • Permitting Currently Underway: Exploration and Mining Permits
  • Sri Lanka went bankrupt in 2022 due to mismanagement
Mitigation Strategies
  • New regulations in 2023 allow the landowners to have mineral rights and to apply for mining licenses.
  • To expedite permitting a single window approval process is expected.

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