Health and Safety The employees at Mt Carbine continue to prioritise safety by proactively identifying and mitigating hazards before beginning work activities. This proactive approach has been instrumental in maintaining the company’s strong safety record. During this period, collaboration between contractors and employees has been highly effective. New policies and procedures have been implemented to ensure that the integration of Open Pit operations proceeds smoothly, accommodating the increase in staff numbers and on-site activities. Additionally, a new induction package has been introduced for new hires, and the training program has been enhanced to further support EQR’s workforce. The graph below illustrates the rolling frequency rate, calculated based on data averaged over one year. This rate is measured per million hours worked. Over the past year, the HSET team have logged 151, 027 man hours worked. 44 43 54 53 70 70 71 79 86 80 80 64 102.3 114.7 122.7 122.0 139.1 140.7 134.7 149.5 149.4 143.8 136.0 120.2 0 0 0 0 0 0 0 0 0 0 1 2 58.4 71.7 69.0 68.6 69.6 70.4 63.4 70.8 62.9 63.9 56.0 56.1 0 20 40 60 80 100 120 140 160 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 FREQUENCY Rolling Frequency Rates 2024 LTIFR Average QLD Quarries (LTIFR) TRIFR Average QLD Quarries (TRIFR) CIFR MTIFR 280 290 300 310 320 330 340 350 360 370 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 US$ / mtu APT Price CIF Rotterdam - (US$/mtu WO3) High Mid Low − LTIFR: Lost Time Injury Frequency Rate − Avg QLD Quarries (LTIFR): Average LTIFR for Queensland Quarries − TRIFR: Total Recordable Injury Frequency Rate − Avg QLD Quarries (TRIFR): Average TRIFR for Queensland Quarries − CIFR: Critical Injury Frequency Rate − MTIFR: Medical Treatment Injury Frequency Rate Other initiatives include: − Continuous communication through safety briefs and safety updates with reports of incidents on other mine sites across Australia. − A contractor has been on site to actively monitor the working conditions of employees at Mt Carbine over a two-day period. The monitoring involves collecting samples from identified Similar Exposure Groups (SEGs) to assess risks in accordance with relevant legislation and QGL02 guidelines. 6,726 Take 5 Safety Assessments 79 JSEA Job Safety Environment Analysis 22 Toolbox Talks 2 Prestart safety meetings per day PROACTIVE SAFETY INDICATORS EQ Resources Limited Annual Report 2024 21
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