NextSource Materials Inc 2023 Sustainability Report
Company: NextSource Materials Inc
Sector: Mining & quarrying
Country: Canada
Year: 2023
Type: Sustainability Report
Pages: 30
The report is NextSource Materials' first ESG Report, covering the 12 months ending 31 October 2023 and describing the Molo Graphite Mine's transition from construction and commissioning toward steady-state operations. It highlights the fully operational solar-hybrid plant, expected to provide up to 35% of Molo's power needs from renewable energy and reduce annual carbon emissions by 2,275 tonnes. The Madagascar operations had 174 full-time employees and 45 contractors, and community initiatives included educational materials benefiting 485 children. Initial performance data includes Scope 1 emissions and zero fatalities and LTIs, while no carbon-reduction targets had been set.
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