Letter from the Chair
I am very pleased to introduce Black Rock Mining Limited’s second annual Sustainability Report for the financial year ended 30 June 2025.
This report details the initiatives we first described in our inaugural report and how they have progressed during this year on our journey toward responsible and sustainable development. It provides an overview of the sustainability activities of Black Rock Mining Limited and its Tanzanian subsidiary Faru Graphite Corporation (collectively known as Black Rock Mining or the Company), for the past year.
At Black Rock Mining, we are committed to delivering long-term value responsibly while supporting the global transition to clean energy. Our flagship Mahenge Graphite Project (the Project or Mahenge) in Tanzania is positioned as a critical supplier of low-carbon battery materials, contributing to the decarbonisation of transport and electricity sectors worldwide.
This report outlines our progress in advancing Environment, Social, and Governance (ESG) principles, including energy efficiency, emissions reduction, biodiversity protection, and community engagement. It highlights our efforts to align with internationally recognised standards, mitigate environmental impacts, and foster positive relationships with local communities and stakeholders.
I acknowledge that physical progress on the Project (and as a consequence, also on advancing our ESG initiatives) was limited during the year as we sought to secure final finance to enable commencement of construction activities. As we go to print, the Company has committed to start Early Works activities on site immediately.
I invite you to explore this report to better understand our sustainability priorities, initiatives, and the steps we are taking to ensure responsible development. Together, we aim to create lasting value
for all stakeholders while contributing to a more sustainable future.
Thank you for your continued support.
Sincerely,
Richard Crookes
Chair, Black Rock Mining Limited