Modern Slavery Statement 2022 - Joint Statement under the Modern Slavery Act 2018

Sep 16, 2026

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Joint Modern Slavery Statement 2022 outlines the actions taken by FQM Australia Holdings Pty Ltd and FQM Australia Nickel Pty Ltd, as reporting entities under the Modern Slavery Act 2018 (Cth), to address modern slavery risks across operations and supply chains for the year ending 31 December 2022. It describes corporate structure, workforce and operations, upstream supply categories, supplier engagement across multiple countries, and the risk assessment approach covering supply entity, industry/product, location, and spend factors.

LanguageEnglish

CategoryLetters

FormatPDF

Pages6

Reading Time2 min

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Our structure, operations and supply chains

Risks of Modern Slavery Practices in FQM Australia's operations and supply chain

Modern Slavery Statement 2022 FQM Australia-Modern Slavery Statement This joint statement is made under the Modern Slavery Act 2018 (Cth) (Act) . It sets out the actions taken by FQM Australia Holdings Pty Ltd (ACN 136 613 075) (FQM Australia Holdings) and FQM Australia Nickel Pty Ltd (ACN 135 761 465) (FQM Australia Nickel) (FQM Australia Holdings and FQM Australia Nickel collectively referred to as "us", "we" or "our" for the purposes of this statement), both being entities registered in Australia and "reporting entities" under the Act, to address modern slavery risks in their operations and supply chain over the financial year ending 31 December 2022 (reporting period) . Our structure, operations and supply chains FQM Australia Holdings is a foreign owned holding company in Australia. FQM Australia Holdings wholly owns FQM Australia Nickel which operates the Ravensthorpe nickel mine in Western Australia. FQM Australia Holdings and FQM Australia Nickel are owned by First Quantum Minerals Limited, which is a mining and metals company registered in Vancouver, British Columbia, Canada, and POSCO Holdings, which is registered in the Republic of Korea and specialises in steel making. FQM Australia Nickel wholly owns Ravensthorpe Nickel Operations Pty Ltd ACN 092 506 584 (Ravensthorpe Nickel), an asset holding subsidiary. First Quantum Minerals Limited also owns or controls other Australian companies that form part of the company's wider group that do not fall under the definition of “reporting entity" under the Act, nor are they owned or controlled by the "reporting entities" covered by this statement. Those entities support exploration and mining activities with a focus on project construction design and management. For the purposes of this statement, we have referred to the Australian reporting entities, FQM Australia Holdings and FQM Australia Nickel, and their controlled entity Ravensthorpe Nickel, as"FQM Australia" . As at 31 December 2022, FQM Australia employed a total of 444 people and operated across two facilities located in Ravensthorpe and West Perth. During the reporting period, FQM Australia continued operations post care and maintenance and was impacted due to Covid-19 restrictions. FQM Australia Holdings is a holding company and did not engage in any trading activities during the reporting period. FQM Australia Nickel's operations comprise of manufacturing and selling nickel and cobalt to their customers as a mixed hydroxide precipitate product. During the reporting period, FQM Australia engaged directly with 822 suppliers from 14 countries. FQM Australia's two largest categories of spend included the purchase of reagents (mostly sulphur) and the cost of our third party mining contractor. The supply chain of products and services that contribute to FQM Australia's operations include: 􀁸 Energy and utilities; 􀁸 Engineering services; 􀁸 Fixed plant maintenance; 􀁸 Fuel and explosives; Modern Slavery Statement 2022 􀁸 Information technology services; 􀁸 Logistics and transport; 􀁸 Mining equipment and infrastructure drilling services; 􀁸 Clothing and protective equipment; and 􀁸 Labour and labour hire. Risks of Modern Slavery Practices in FQM Australia's operations and supply chain FQM Australia's supply network is extensive, with supplies sourced from various countries and regions, including: 􀁸 Australia (81 . 14%) 􀁸 Philippines (0 .02% 􀁸 United Kingdom (0 .01%) 􀁸 Canada (0 .28%) 􀁸 Germany (0 . 10%) 􀁸 Japan (0 .01%) 􀁸 China (0 .01%) 􀁸 India (0 .03%) 􀁸 Switzerland (18 .01%) 􀁸 United States (0 .38%) We also sourced supplies from Slovenia, Turkey, Netherlands and South Africa, however such activities represent a very minor portion of our overall procurement activities (less than 0.00% in each case) . FQM Australia's upstream supply chain consists of a number of materials and services, including: 􀁸 Reagents (Sulphur, Flocculent, Limestone, Quicklime, MgO)

FAQs

Who are the reporting entities covered in the Modern Slavery Statement 2022?

FQM Australia Holdings Pty Ltd and FQM Australia Nickel Pty Ltd are the reporting entities covered by the statement, collectively referred to as “us, we or our” for this statement.

What is the scope of the statement for modern slavery risk assessment?

The statement covers modern slavery risks in FQM Australia’s operations and supply chain over the financial year ending 31 December 2022.

How does FQM Australia assess modern slavery risks in procurement?

Risk is assessed using factors including the risk of the supply entity, industry or product risk, location risk, and spend risk based on the materiality of purchases to the group.

Sep 16, 2026

Upload by Rhys