Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Regulations
• Land Access
• Permitting

Environmental Achievements

• Ensures compliance with all environmental regulations during exploration work.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Land access dispute with landowner regarding 2011 waiver agreement.
• Interruption of baseline environmental studies due to access issues.

Mitigation Strategies

• Arbitration resulted in a ruling in favor of ECM, granting full access to the property.
• Baseline environmental studies recommenced after resolution of access issues.

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: JORC Code (2012)

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

• Environmental Regulations
• Community Investment

Environmental Achievements

• Completed environmental baseline studies, addressing concerns about increased road traffic.

Social Achievements

• Held mine visit days for investors, partners, and government representatives to showcase the project's potential.
• Initiated news articles in local and national media to increase awareness.

Governance Achievements

• Adopted a new constitution following a special resolution at the annual general meeting.

Climate Goals & Targets

Environmental Challenges

• Landowner obstruction of access to the Glock Gut property for drilling work.
• Base line studies interrupted by access issues from the landowner.

Mitigation Strategies

• Successfully executed rights through the district court in Villach, allowing drilling to commence on time.
• Resolved access issues following successful arbitration; baseline studies recommenced.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: JORC Code (2012)

Environmental Metrics

ESG Focus Areas

• Environmental Footprint
• Community Relations
• Water Management

Environmental Achievements

• Minimized material transport from mine to converter using rail and electric vehicles; Waste rock deposited in mined-out galleries; Operations not visible from local tourism sites; No chemicals used at the mine site.

Social Achievements

• Resolved dispute with landowner; Addressed environmental concerns of local communities; Provided expert clarification on groundwater and spring water safety.

Governance Achievements

• Reached a final settlement with Glock Land and Forestry Administration GmbH allowing continued development of the WLP.

Climate Goals & Targets

Environmental Challenges

• Dispute with landowner (Glock Land and Forestry Administration GmbH); Environmental concerns of local communities regarding drinking and spring water; Potential for lithium price to fall if EV market growth slows.

Mitigation Strategies

• Resolved dispute with Glock through settlement, including constructing a new mine entrance not visible from recreational areas and granting Glock an option for future stake; Addressed community concerns through expert clarification on groundwater safety and minimizing environmental impact through operational choices; The report acknowledges the risk of falling lithium prices but forecasts continued strong growth in the EV market.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Carbon Neutrality

Environmental Achievements

• Commenced the process for carbon neutral certification of its Australian and Austrian operations. EUR’s total emissions for the FY 2020/2021 (base year) is 108.43 tCO2-e.

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Various challenges for commodity markets continued during the year due to the prevalence of the COVID-19 pandemic. European restrictions continue to impact the Company’s operational activities at its Wolfsberg Lithium Project (Wolfsberg Project).

Mitigation Strategies

• The Company continues to monitor and address the changing circumstances with suitable COVID-19 measures implemented.

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: Climate Active

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed