Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 93

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 4
Chunk 93
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 imperative for us.  We have focused our ESG initiatives on the following areas:
 

•   Environment: We will pay close attention to the impacts of our operations on biodiversity, ecosystem services, water management, mine waste/ tailings, air, noise, energy, climate change (carbon footprint, greenhouse gas), hazardous substances, and mine closure;
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•   Social: We will evaluate the impacts of our actions in the fields, such as human rights, land use, resettlement, vulnerable people, gender, labour practices, worker/community health &amp; safety, security, artisanal miners, and mine closure / after use.
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•   Governance: We will assess our activities from the perspectives of legal compliance, ethics, anti-bribery and corruption, and transparency.
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In particular, we will consider whether there are environmental, social or governance risks that may affect our ability to raise capital, obtain permits, work with communities, regulators and NGOs, and protect our assets from impairments. And then there may be opportunities for us to reduce energy and water bills or carbon emissions, improve operational performance, enhance community and regulatory relationships and manage closure viability.
 
As an exploration company, we do not carry out any mining operation. However, we prioritize initiatives that not only align with our corporate values but also contribute to sustainable development, stakeholder trust, and long-term profitability. We will implement environmentally responsible mining practices, such as reducing water and energy consumption, minimizing waste generation and rehabilitating mined areas post-extraction, to mitigate ecological degradation. We will also implement efficient water management strategies, including recycling and treating mine water, to minimize water usage and prevent contamination of local water sources. Furthermore, we will invest in community development projects that address pressing social needs, such as education, healthcare, infrastructure, and economic diversification. We will also develop robust risk management frameworks to identify, assess and mitigate ESG-related risks associated with our operations.
 Enforcement of Civil Liabilities
 British Virgin Islands 
 We are incorporated in the BVI to take advantage of certain benefits associated with being a BVI business company, such as:
 
•   political and economic stability;
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•   an effective judicial system;
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•   a favorable tax system;
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•   the absence of exchange control or currency restrictions; and
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•   the availability of professional and support services.
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However, certain disadvantages accompany incorporation in the BVI. These disadvantages include:
 
•   the BVI has