Sustainability

At Lithium Harvest, our focus on sustainability drives us to play a crucial role in the green energy transition by extracting lithium from oilfield wastewater. Our proprietary and patented technology converts waste into a valuable resource, enabling the quick and cost-effective production of high-quality, battery-grade lithium compounds with minimal environmental impact. Our sustainable approach offers several advantages over traditional methods:

• Our technology utilizes existing water sources, eliminating the need to search for new water sources and reducing project development time and capital expenditure.
• In addition to producing valuable lithium compounds, our extraction process cleans the wastewater, making it more sustainable to dispose of or repurpose.
• Our lithium compounds have the lowest greenhouse gas emissions, avoiding the need for offsetting and ensuring a truly green product.
• Unlike traditional lithium production, our process does not harm habitats, biodiversity, indigenous populations, or historical or religious sites or require the removal of vegetation and trees.
• We employ minimal water compared to traditional methods, reducing water usage and addressing water scarcity concerns.

When comparing Lithium Harvest's sustainable extraction approach to traditional mining methods, the advantages are evident:

• Up to 99% smaller footprint, minimizing land use and preserving habitats.
• Up to 96% lower water consumption, addressing water scarcity concerns.
• More than 90% of water is recycled, reducing the strain on freshwater resources.
• Over 95% lithium extraction, ensuring efficient resource utilization.
• Up to 70% lower capital expenditure (CapEx), making our process more cost-effective.
• Up to 35% lower operational expenditure (OpEx), enhancing financial sustainability.
• Achieving a neutral CO2 footprint supports the transition to a low-carbon future.

Our sustainable lithium extraction sets us apart from conventional lithium mining, which is associated with environmental concerns such as water pollution, increased carbon dioxide emissions, water depletion, and the destruction of fertile land. We prioritize building a more sustainable future through our smaller operating footprint, green separation and extraction of lithium resources, and significantly quicker production timelines than traditional methods.

Additionally, our innovative approach addresses the problem of produced water (oilfield wastewater) disposal faced by the oil industry. By treating and reusing this water, we contribute to increased oil and gas extraction productivity while minimizing operational costs and environmental impact. Our focus on turning waste into a valuable resource ensures that produced water is safely and cost-efficiently discharged or reused for various purposes, contributing to water conservation efforts and mitigating water scarcity concerns.

In summary, Lithium Harvest's commitment to sustainability drives our innovative and environmentally conscious practices in lithium extraction and produced water treatment. By offering a more sustainable and affordable lithium supply, maximizing resource utilization, and minimizing environmental impacts, we are actively contributing to a greener future.

Lithium Harvest believes that diversity drives innovation, and innovation drives sustainability. The company embraces diversity and values the unique perspectives that individuals from different backgrounds bring. With employees representing over four different nationalities, Lithium Harvest fosters a diverse and inclusive workforce that fuels innovation and creativity. By encouraging a collaborative environment that respects and appreciates diverse ideas, the company enhances its ability to develop sustainable solutions and make positive contributions to the industry.

Furthermore, Lithium Harvest is committed to promoting gender diversity within its workforce. With over 40% female employees, the company recognizes the importance of empowering women in traditionally male-dominated industries such as mining. Women, who currently represent an estimated 8 to 17 percent of the global mining workforce, bring valuable perspectives and skills that contribute to a more sustainable and inclusive work environment. Lithium Harvest actively promotes equal opportunities, ensuring that all employees, regardless of gender, have access to growth opportunities and are treated fairly and respectfully.

Lithium Harvest believes that a job with a purpose is a powerful motivator. The company ensures that its employees understand the significance of their work in the context of sustainability and the transition to clean energy. By mining lithium, a critical component for green energy transition, Lithium Harvest contributes to the global shift towards a more sustainable future. This sense of purpose not only inspires employees but also creates a strong sense of shared commitment and dedication to sustainable practices.

Through our focus on sustainability, diversity, employee well-being, and purpose-driven work, we demonstrate our commitment to the social aspect of sustainability. By actively engaging with these principles, we strive to create positive social impacts within our organization and the communities in which we operate, fostering a more sustainable and inclusive future.

Lithium Harvest, an innovative company with a start-up mentality operating in the lithium mining industry, recognizes the significance of governance in achieving its sustainable objectives. Recognizing the importance of staying at the forefront of governance practices, Lithium Harvest proactively seeks opportunities to enhance its governance framework. The company regularly evaluates and refines its governance policies, procedures, and structures to align with emerging best practices and industry standards. By embracing a culture of innovation and adaptability, Lithium Harvest aims to set new benchmarks in governance within the sector.

The company understands that responsible governance practices not only enhance its reputation but also contribute to its overall success. Lithium Harvest's commitment to strong governance practices aligns with its focus on a more sustainable lithium mining industry. By prioritizing transparency, accountability, ethical conduct, stakeholder engagement, risk management, and compliance, the company strives to create value for its shareholders, society, and the environment.

Good governance practices are essential for long-term sustainability and value creation for all stakeholders.