Ann: Popularity of cobalt-free batteries continues to grow, page-60

Envirostream Australia Pty Ltd, a subsidiary of the Company, has been served writs in regard to statements of claims concerning
damage caused by a fire at 31 Colbert Road, Campbellfield, Victoria, on 19 January 2019. It is probable that an outflow of resources
embodying economic benefits will be required to settle the obligation and a best estimate has been made of the amount of the
obligation. These claims are currently being managed by Envirostream’s insurance company and the Company expects some or
all of the provision to be reimbursed. The Company has not recognised a separate asset and will only do so when the
reimbursement is virtually certain.
(ii) The Company’s rehabilitation programs are ongoing on two areas at its Ravensthorpe Project. As at 30 June 2021, the Company