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Neometals : ESG and Sustainability Report
Neometals : ESG and Sustainability
About this update from Neometals Ltd
Lithium-ion Battery Recycling - a proprietary process for recovering nickel, cobalt and other valuable materials from spent and scrap lithium batteries. Showcase demonstration plant trials targeted for DecQ 2021with 50:50 JV partner SMS group. Targeting a development decision in Mar Q 2022; and General Manager - Commercial and IR Neometals Ltd T: +61 8 9322 1182 E: [email protected] Jeremy Mcmanus ESG AND SUSTAINABILITY REPORT 16 November 2021 only I ovative project development company, Neometals Ltd (ASX: NMT) (" Neometals " or " the Company "), is pleased to release its ESG and Sustainability Report covering the financial year ended 30 June 2021. The Sustainability Report is also available on the Company's website at: https://www.neometals.com.au/esg/ Authorised on behalf of Neometals Ltd by Jason Carone, Company Secretary. use ENDS For further information, please contact: Chris Reed Managing Director Neometals Ltd personal T: +61 8 9322 1182 E: [email protected] About Neometals Ltd For Neometals innovatively develops opportunities inminerals and advanced materialsessential for a sustainable future. With a focus on the energy storage megatrend, the strategy focuses on de- isking and developing long life projects with strong partners and integrating down the value chain to increase margins and return value to shareholders. Ne metals has three core projects that support the global transition to clean energyand span the battery value chain: Recycling and Resource Recovery: • • VanadiumRecovery-solefundingevaluationstudiestoforma50:50jointventurewithCriticalMetalsLtdtorecoverhigh-purityvanadiumpentoxidefromprocessingby-products ("Slag") from leading Scandinavian steelmaker SSAB. Underpinned by a 10-year Slag supply agreement, Neometals is targeting an investment decision to develop a 200,000tpa processing plant in Dec Q 2022. Upstream Industrial Minerals: Barrambie Titanium and Vanadium Project - one of the world's highest-gradehard-rocktitanium-vanadium deposits, working towards a development decision in 2022 with potential operating JV partner IMUMR and potential cornerstone product off-taker, Jiuxing Titanium Materials Co. ACN 099 116 361 Locked Bag 8 T: +61 8 9322 1182 [email protected] Level 1, 1292 Hay Street West Perth WA 6872 F: +61 8 9321 0556 neometals.com.au West Perth WA 6005 onlyuse 2021 personal SUSTAINABILITY REPORT INNOVATIVELY DEVELOPING For OPPORTUNITIES IN MINERALS AND ADVANCED MATERIALS ESSENTIAL FOR A SUSTAINABLE FUTURE For personal use only For personal use only 1 CONTENTS FY21 Achievements 2 Message from the Chairman and CEO 4 About Neometals 5 Neometals' Approach To ESG And Sustainability 11 Neometals' Sustainability Pillars & Material Topics 16 Ethics & Accountability 16 Community Benefit 20 People 26 Environmental Care 30 Performance Data 38 GRI Content Index 41 Neometals Ltd Sustainability Report 2021 For personal use only 2 FY21 ACHIEVEMENTS We are proud to share our environmental, social and corporate governance ('ESG') performance for 2021 and disclose our efforts towards a sustainable future. Our ESG framework, which is designed to evolve and adapt to change, aligns with Global Reporting Initiative ('GRI') standards. Creating a socially and environmentally-responsible business to drive shareholder value is a continuous journey for any corporation and we strive to keep improving. Neometals has made significant progress across its projects, all of which align with rising global demand for energy storage and electro mobility. In so doing, we are making significant progress towards helping to decarbonise the planet. Corporately, Neometals has: Continued innovation in products and services with advances in its Vanadium Recovery Project ('VRP'), Lithium-ion battery ('LIB') Recycling and Barrambie Project as well as continued development of its ELi lithium processing intellectual property Demerged its upstream nickel business. This removed an exploration and virgin extraction project from portfolio to consolidate focus on downstream recovery and recycling Committed to Task Force on Financial Disclosure ('TCFD') alignment and set a range of measurable ESG targets for 2022 Framed its Company values and included ESG parameters into policy development, role descriptions, skills analysis and hiring, performance and retention practices Primobius (Neometals' 50:50 joint venture) nominated for 14th German sustainability award Neometals Ltd Sustainability Report 2021 This is an excerpt of the original content. To continue reading it, access the original document here .