Cyprium Metals Limited · ASX:CYM
Cyprium Metals — RIU Explorers Conference 2025
12 slides from Cyprium Metals's conference presentation, May 2025
Slide 1: Unlocking Value at Nifty Copper Complex
UNLOCKING VALUE AT NIFTY COPPER COMPLEX ASYMMETRIC OPPORTUNITY FROM BROWNFIELD ASSET BASE RIU INVESTOR PRESENTATION | MAY 2025 www.cypriummetals.com www.cypriummetals.com
Slide 2: Three Key Points to Take Away
THREE KEY POINTS TO TAKE AWAY Executing at speed to capitalize on asymmetric opportunity 1 Nifty, a former prolific producer currently at midlife, is a company-making asset with brownfield advantages of cost, time and scale – Early shutdown of SXEW left an above-ground heap leach resource of 12.7Mt
Slide 3: Cyprium Metals Snapshot (ASX: CYM)
CYPRIUM METALS SNAPSHOT (ASX: CYM) CORPORATE SUMMARY1 CYM 12MTH SHARE PRICE CHART A$ M Share Price Market Capitalisation 0.06 30 0.05 25 A$ 0.022 A$ 45.4m 0.04 20 0.03 15 Cash Enterprise Value 0.02 10 A$ 17.0m A$ 106.7m 0.01 5 Convertible Notes Senior Debt NIFTY A$ 36.0m A$ 42.3m NIFTY COPPER COMPLE
Slide 4: Nifty: Prolific Copper Producer at Midlife
NIFTY: PROLIFIC COPPER PRODUCER AT MIDLIFE Historic mining pursued shallow oxides and very high-grade underground, leaving substantial reserve for new surface mine Nifty Conceptual Orebody: Sedimentary Copper Contained Copper at Nifty by Production Stage 91,000 750,000 1,561,000 2 500,000 1 220,000
Slide 5: Asset-Rich Brownfield Sets Stage for Rapid Restart
ASSET-RICH BROWNFIELD SETS STAGE FOR RAPID RESTART Unique opportunity to reposition a massive resource endowment through a change of mining method 83Mt reserve at 0.9% Cu for 750kt contained copper remains 2 in zone between the oxide open pit and the underground mine, adjacent existing concentrator*
Slide 6: Above Ground Copper Next to Existing Plant
ABOVE GROUND COPPER NEXT TO EXISTING PLANT Retreatment of existing leach pads is a low complexity, low capital path to cash flow SX Plant (“Solvent Extraction”) requires new pumps, motors, electrical and controls 12.4Mt JORC resource containing 119 mmlbs of copper and 10.6Mt JORC reserve containing
Slide 7: Cathode Project Expected to Generate Early Cash Flow
CATHODE PROJECT EXPECTED TO GENERATE EARLY CASH FLOW Near-term exposure to spot copper price drives large potential upside from PFS Case, rapid payback puts upside on balance sheet COPPER CATHODE PRODUCTION (KTPA) – PFS Case PRODUCTION (KT) & REVENUE (A$M) – PFS Case, PFS and Spot Pricing Target Rec
Slide 8: We Are Executing a Very Simple Plan at Pace
WE ARE EXECUTING A VERY SIMPLE PLAN AT PACE 2024 saw rebuild of information from first principles to develop staged development plan 2024 2025 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q MAH feedback Nifty: Concentrate MRE Concept PFS Geotech PFS on PFS BFS Nifty: Cathode HL MRE PFS FS Permits/Entitlements Cathode perm
Slide 9: Concentrate PFS Mine Plan at PFS and Spot Pricing
CONCENTRATE PFS MINE PLAN AT PFS AND SPOT PRICING Significant positive exposure to forward copper prices PRODUCTION & REVENUE – PFS Case, PFS and Spot Pricing 1,200 44 45 44 42 42 42 38 40 39 38 33 33 33 32 34 1,000 27 21 11 817 824 817 13 13 766 774 776 3 800 - 695 733 724 693 609 589 616 593 588 6
Slide 10: Where Are the Other Big Copper Opportunities?
WHERE ARE THE OTHER BIG COPPER OPPORTUNITIES? Selected recent transactions show that Australian developers and producers with scale and longevity have material strategic value DEVELOPERS PRODUCERS Evolution acquires remaining MACH buys REX Harmony buys Eva Copper Sumitomo earns in to 30% of Winu Ern
Slide 11: Disclaimers and Forward-Looking Statements
DISCLAIMERS AND FORWARD-LOOKING STATEMENTS IMPORTANT: You must read the following before continuing. This Investor Presentation (“Presentation”) has been prepared by Cyprium Metals Limited (ABN 48 002 678 640) (“Cyprium” or “Company”) and authorised for release by the Executive Chair of Cyprium. Sum
Slide 12: Contact
CONTACT Matt Fifield Executive Chairman Dannika Warburton Investor and Media Relations E: communications@cypriummetals.com Registered Office Level 1, 437 Roberts Road Subiaco WA 6008 Australia Telephone +61 8 6374 1550 www.cypriummetals.com