Bremer Battery Update - March 2025 

Libra Energy is pleased to present this update to our community, stakeholders, and partners.

The Libra Energy directors and project team continue to take social licence extremely seriously and this update is part of our extensive efforts to inform and engage with the community, while we work to limit any impacts of the project.

The Development Application for the Bremer Battery Project has not yet been submitted.

Contents In this update:

• The Bremer Battery Project is Led by Locals

• Bremer Battery Project Location

• Respecting Landowners and their Australian Property Rights

• Minimum Impact Approach to Project Design

• Battery Technology – Libra Energy is Making the Right Choices for Safety and the Environment

• Community Engagement

• Employment and Economic Development

The Bremer Battery Project is Led by Locals

The Bremer Battery Project is run by locals. Many of the directors live and work in the Lower Mt Walker/Rosewood community. Most of the investment into the project has come from people in the area.

Libra Energy is keen to ensure maximum benefit to the local community.

Bremer Battery Project Location

Agreement has been reached with landholders to locate the Bremer Battery Project at Rosewood – Warrill View Road, Lower Mount Walker.

The project location has been chosen as it will have minimal visual impact for both neighbours and passing traffic. Three factors minimise the visual impact of the project.

1. The project location is in a natural dip in the local landscape, obscuring the view of the project from most locations.

2. A 6 meters barrier wall will be built around the project and will be painted in colours which will best blend with the surroundings and environment.

3. There will be extensive native species of tree plantings to build a vegetation barrier up to 8 metres high, which will provide an additional natural visual and acoustic shield.

With screening in place, we are confident that the 3-metre-high battery installation will not be visible from houses or roads in the area.

The Bremer Battery Project will be fenced for security and to ensure wildlife is excluded from the project area.

Respecting Landowners and their Australian Property Rights

The proposed site of the Bremer Battery continues to be a private property, run by a local family. We ask that their privacy and property rights continue to be respected by the community.

Libra Energy supports the property rights of Australians to use their land as they wish, subject to local laws and approvals.

The location of the Bremer Battery Project at this site will contribute to the wider good of supporting energy security for Queensland.

Minimum Impact Approach to Project Design

Libra Energy is working to be as flexible as possible with respect to the design of the Project in order to minimise all environmental impacts including tree clearing, water flow, wildlife and indigenous heritage. There will be no significant environmental impacts as a result of the project and any minor impacts (mainly during construction) will be managed appropriately.

The Proposed Layout Design shows how Libra Energy is developing the Bremer Battery Project to minimise impacts including avoiding waterways with a 30-metre buffer, and avoiding cultural heritage, wildlife and Melaleuca Irbyana Patches with a 50 metre habitat buffer.

The acoustic fence barrier and vegetation barrier are also illustrated.

Battery Technology – Libra Energy is Making the Right Choices for Safety and the Environment

Libra Energy is working with suppliers and original equipment manufacturers to select the safest and most environmentally friendly battery technology.

Libra Energy shall use LFP technology, for the Bremer Battery.

Environment

LFP batteries are known to be more environmentally friendly than other battery chemistry types as they do not contain nickel, cobalt and other chemicals.

LFP batteries are also considered to be more easily recycled as materials within the battery remain stable and are not hazardous to the environment. Also, because LFP batteries do not contain heavy metals or other materials, they are less hazardous to handle during the recycling process.

Safety

LFP batteries are also safer as they have higher chemical and thermal stability than other batteries.

LFP batteries also have an extremely low risk of thermal runaway, much lower than the risk associated with other battery types.

Community Engagement

Libra Energy has worked consistently to engage with the community over the last ten months, across three main streams of work:

1. developing a community benefit fund,

2. directly engaging with neighbours and local landholders, and

3. directly engaging with the wider Lower Mt Walker and Rosewood Communities.

Community Benefit Fund

Libra Energy is working to develop a community benefit fund to support the interests and needs of neighbours and local landholders, and the wider communities of Lower Mt Walker and Rosewood, including numerous small business owners in the Rosewood township.

Neighbour Engagement

Libra Energy has met with all the neighbours within a one-kilometre radius of the project location.

Over the period December 2024 to February 2025 Libra Energy directors met directly with 31 neighbours and landholders within the Lower Mt Walker area.

The purpose of the engagement is to provide an accurate and factual overview of the project to the project’s closest neighbours, and an opportunity to ask and answer questions. Landowners also had the opportunity to express their views, concerns and feedback about the project directly to Libra Energy directors.

Neighbours were also asked for their views on the design of the community benefit fund. This kind of input is important to ensure that the fund’s design and allocation methodology meet the needs and interests of neighbours and nearby landholders.

Wider Lower Mt Walker and Rosewood Communities Engagement

Community Organisations

Libra Energy directors have met with local community organisations including:

• Cabanda Care Rosewood, a community owned and operated independent aged care facility;

• Rosewood Community Centre, a centre for a wide range of medical, social, employment, education and other community support services for the Rosewood area; and

• Rosewood Showgrounds Committee.

Arrangements to meet with schools in the local area to discuss the project are underway.

It is intended that these discussions will be formalised into memoranda of understandings which will govern how Libra Energy will support community organisations once revenue generating activities commence, anticipated in 2028.

Project Updates

Libra Energy has decided to provide more regular updates, generally by electronic distribution via the Bremer Battery Project website www.BremerBattery.com.au. Updates have been provided on the project to 78 subscribers.

Conversations and Information Flyers

Libra Energy has undertaken conversations with 59 members of the Lower Mount Walker and Rosewood Communities. Flyers have been distributed through shops, post and store fronts in the Rosewood and Lower Mount Walker communities.

Community Updates

On 15 February Libra Energy staffed an information stall at the St Luke’s Market Day, in Rosewood. Libra Energy will attend future market days as part of community engagement, to share information and to receive feedback on the project (next one on 15/3/2025). On the two Rosewood market dates (15/2 and 15/3), Libra Energy directors had a chance to talk with 80 members of the community.

These sessions provided members of the public with an opportunity to learn about the project and to have their questions and concerns answered. Community members were encouraged to visit the Bremer Battery Project webpage and to register for updates.

Libra Energy intends to operate information stalls at future market days.

Subscribers

At present there are 78 subscribers to the Bremer Battery Project website. Subscribers receive regular updates on the project.

Updates Distributed via Australia Post

Libra Energy understands that some members of the Lower Mt Walker community may not have had the opportunity to visit the Bremer Battery Project website, or may not be internet users. To support engagement with all members of the Lower Mt Walker community, a letter and fact sheet on the project was distributed to the approximately 70 residents of Lower Mt Walker via Australia Post, in early March 2025.

It is hoped that recipients of this information will take the opportunity to visit the Bremer Battery Project webpage and register for project updates or contact the project team for more information.

Visits to BremerBattery.Com.Au

There were 371 website visits in February 2025. This was a 24% increase on the previous month.

Requests for a meeting

Any interested local residents can request a meeting or presentation. Please contact us to arrange a suitable time. We had many one on meetings with local residents and several with local organizations. It is a great opportunity to learn more about the project, ask questions, suggest new ideas and express concerns.

Employment and Economic Development

The Bremer Battery Project will create around 200 jobs during up to a two-year construction phase. Libra Energy intends to maximise employment and training opportunities for the local community.

The project will create important opportunities for growing economic activity for the Rosewood and Lower Mt Walker communities, including opportunities for local suppliers and quality employment.

The Bremer Battery will provide energy security for business and industry in the Ipswich and Rosewood areas, including the Ebenezer Industrial Zone. It can power 177,000 homes for 4 hours or Ipswich for 8 hours.

For more information:

Dr Rod Stephenson

Chairman – Libra Energy

E: Rod@LibraEnergy.co

M: 0414 696 701