Sustainability Plans for the Future Sustainability Reporting Australia EQR continues to evolve its sustainability reporting by collecting environmental metrics and social data in alignment with the Global Reporting Index (GRI) and the International Council of Mining and Metals (ICMM). The Company actively tracks health, safety, community engagement, and diversity metrics, highlighting them in the Annual Report. EQR has assessed its compliance with the upcoming Australian Sustainability Reporting Standards (ASRS), effective from January 2025. Based on its assets, revenue, and NGERS thresholds, EQR falls under Group 3, with reporting commencing on 1 July 2027. EQR is preparing by expanding emissions data collection and planning a Sustainability Risk Assessment. Spain With the European Sustainability Reporting Standards (ESRS) framework evolving and delays for certain sectors and non-EU companies, EQR is closely monitoring changes. Although full compliance may not affect EQR and Saloro until 2028, EQR is preparing for future obligations, particularly in supply chain sustainability. Wolfram Camp The award of a 488 km2 exploration permit at Wolfram Camp, North Queensland, strengthens EQR’s position within a key tungsten cluster, highlighting its potential to develop a critical mineral hub. This permit offers an opportunity to sustainably redevelop the pre-existing tungsten mine, following EQR’s proven approach. See QLD Government Statement, 18th June 2024: “Permit granted to unlock critical minerals and jobs at historic Far North Queensland mine site”. An ESG Desktop Analysis identified key areas for the project, highlights include: − Localised job creation and community initiatives, − Refurbishment and expansion of the tungsten processing plant, aligned with Mt Carbine operations, − Application of transferable technologies like TOMRA XRT Ore Sorting, tailings development, and robust environmental practices, − Programs for employee attraction and retention. EQ Resources Limited Annual Report 2024 15
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