Business Highlights

3 Divisions each with capacity to deliver significant returns

High Purity Alumina (>99.99%) for LEDs and Separators in Lithium Batteries:

• Owner of upstream resources and mid-stream processing IP, primary producer with value-add margins
• Core IP developed methodically over many years
• Technology licences with QLD Leading Companies, Licensee income to supplement sales revenue from second half 2024

Silicon Metal production:

• JORC- compliant upstream High Purity Quartz resource adjacent to relevant infrastructure
• Potential for mid-stream processing (smelting) to be a Silicon Metal primary producer with value-add margins
• Market for Silicon Metal expected to stay constrained

Specialty Minerals – Manganese, Cobalt, Tungsten, Other:

• Leveraging our knowledge and experience in Far North Qld has identified a range of critical mineral resources and exploration opportunities.

Clear and Resounding Advantages for Investment

• Technology-led in the right industries
• significant tailwinds, including fulfilling local content and jobs
• Generating early cash flow as foundation for the multiple avenues for significant shareholder returns
• Foundational work as unlisted company with science-partners – resource enables sustained growth strategy
• All business divisions deliver products for global energy transition and emissions reduction
• Management Team has diverse experience set to meet the challenge to maximise shareholder returns