Contingency Plans

Sode’s contingency plans are an integral part of its risk management strategy, providing a structured response to unforeseen events that could impact the project. These plans are regularly reviewed and updated to address emerging risks.

• Crisis Management Team: Sode has established a dedicated crisis management team responsible for implementing contingency plans in the event of a major disruption. This team is trained to respond quickly to mitigate the impact of any unforeseen events on the project’s operations.

• Alternative Power Sources: In the event of a prolonged disruption in solar energy production, Sode has access to alternative power sources to maintain mining operations. This includes agreements with local energy providers and the use of backup generators.

• Financial Reserves: Sode maintains financial reserves to cover unexpected costs or losses. These reserves ensure that the project can continue operating even in the face of significant financial challenges.

• Communication Protocols: Sode has established clear communication protocols to keep stakeholders informed during a crisis. Regular updates are provided to the community, investors, and partners to ensure transparency and maintain trust.