Switch Metals Plc · LSE:SWT

Switch Metals — Investor Presentation (September 2026)

20 slides from Switch Metals's investor presentation, September 2026

  1. Slide 1: Emerging Tantalum Developer with Lithium Upside in Côte d'Ivoire

    STRATEGIC SCALE. ETHICAL SUPPLY. Emerging Tantalum Developer with Lithium Upside in Côte d’Ivoire September 2026 February 2026 Switch Metals plc / AIM: SWT www.switchmetals.com

  2. Slide 2: Important Notice, Exclusions and Disclaimer

    IMPORTANT NOTICE, EXCLUSIONS AND DISCLAIMER The information contained in this presentation and any accompanying oral presentation (“Presentation”) is being supplied any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the t

  3. Slide 3: Strategic Scale, Prime Location with Focus on Critical Metals

    STRATEGIC SCALE, PRIME LOCATION WITH FOCUS ON CRITICAL METALS STRATEGIC CRITICAL SUPPLY DE-RISKED STRATEGIC NEAR-TERM SCALE COMMODITIES CONSTRAINTS EXECUTION VALIDATION CATALYSTS Tantalum core ~60–70% of Tantalum Pilot wash plant Xcelsior Capital MOU - Maiden Tantalum Largest critical metals MRE (ea

  4. Slide 4: Tantalum

    TANTALUM Price: US$275,000 per tonne of contained Ta2O5 UNIQUE RARE CRITICAL FUTURE FACING Tantalum is a rare, hard, heat and Found in hard-rock pegmatites corrosion-resistant metal used in and from tin slags alloys and electronics for capacitors, Production from DRC, Rwanda, semiconductors, medical

  5. Slide 5: Credible Alternative to Central African Supply

    CREDIBLE ALTERNATIVE TO CENTRAL AFRICAN SUPPLY Global tantalum supply remains heavily concentrated in high-risk jurisdictions. Côte d’Ivoire Current supply Advantage constraints Stable mining ~60–70% of global jurisdiction tantalum sourced from Presence of major DRC & Rwanda international miners Côt

  6. Slide 6: Experienced Team with In-Country Presence

    EXPERIENCED TEAM WITH IN-COUNTRY PRESENCE KARL Natural resources entrepreneur DIDIER Lawyer with over 35 years experience in the AKUESON Co-founder and Director of Awalé Resources MURCIA resources industry (TSX: ARIC) Chairman of Centaurus Metals (ASX), Director of Founder, CEO and Independent Alica

  7. Slide 7: Corporate Overview: Leadership & Capital Structure

    CORPORATE OVERVIEW: LEADERSHIP & CAPITAL STRUCTURE Capitalisation Current price: 6.13p Share Price 15p Shares outstanding: 131.34 M Market capitalisation: £8.0 M Listing: AIM (SWT) * as of COB 24 Sep 2026 Founder-led Africa Experience Technical Oversight Supportive Shareholder Base Aligned managemen

  8. Slide 8: Large Land Position (+3,000 km²)

    LARGE LAND POSITION (+3,000 km²) Tantalum focus with Lithium & REE Optionality. ISSIA – Core Tantalum Platform Largest critical minerals 112 km² licence granted (March 2023) with four applications covering an additional 904 km² land holding in Côte Historical coltan and lithium occurrences within es

  9. Slide 9: The Dual-Layer Opportunity at Issia

    THE DUAL-LAYER OPPORTUNITY AT ISSIA Simple Geology supports near-term cashflow strategy to fund long-term upside. ISSIA Lateritic Crusts Surface Targets Eluvial Coltan Colluvial Coltan Pegmatite-hosted coltan (Ta + Nb) Hard Rock Targets River Valley Alluvial Coltan Outcropping pegmatite mineralised

  10. Slide 10: Phased Development Pathway

    PHASED DEVELOPMENT PATHWAY From near-surface resource definition to hard-rock discovery PHASE 1 — Near-Surface Resource Definition PHASE 2 — Hard-Rock Discovery & Growth Multiple near-surface MREs supported by modular wash-plant Progressive drilling of tantalum and lithium pegmatite targets to defin

  11. Slide 11: Phase 1 Execution: Pilot Plant Operational

    PHASE 1 EXECUTION: PILOT PLANT OPERATIONAL Resource Development Underway Ahead of Maiden MRE Process Flow Extraction Stockpiling Processing Output 369 Pits Excavated. 400 tonnes of alluvial Pilot Plant Fully Operational. Pilot Plant Fully Operational. 1,609m Cumulative Depth. material ready for wash

  12. Slide 12: Phase 2: Pegmatite Growth Strategy

    PHASE 2: PEGMATITE GROWTH STRATEGY Systematic drill testing of priority pegmatite targets across the portfolio. Phase 2 focuses on unlocking longer-term growth potential through systematic hard-rock exploration across priority pegmatite targets. Key elements include: Targeting Lithium-Cesium-Tantalu

  13. Slide 13: First Lithium Discovery at Issia

    IN ADDITION TO TANTALUM: FIRST LITHIUM DISCOVERY AT ISSIA ‘Kabore’ spodumene discovery at Issia confirmed February 2, 2026 Spodumene-hosted lithium highlights broader pegmatite potential across Issia corridor, complementing near-surface tantalum development. GRADES: 1.00% – 2.58% Li₂O (LIBS analysis

  14. Slide 14: Catalyst Timeline: MRE, Development and Growth

    CATALYST TIMELINE: MRE, DEVELOPMENT AND GROWTH Pathway to Resource, Development and Discovery Upside NOW H1 2027 H2 2027 BEYOND Ongoing washing Maiden Tantalum Additional Mining licence application results MRE resource Strategic offtake and Independent Establishing definition construction financing

  15. Slide 15: Appendices

    APPENDICES SWITCH METALS PLC, Devonshire House, 1 Mayfair Place, London, W1J 8AJ www.switchmetals.com info@switchmetals.com

  16. Slide 16: Exploration Upside: Tiassalé Lithium Pegmatites

    EXPLORATION UPSIDE: TIASSALÉ LITHIUM PEGMATITES OVERVIEW Historical spodumene-bearing pegmatite occurrences ~2 hours from Abidjan via established TIASSALE highway network Adjacent to licences held by Atlantic Lithium and Ganfeng JV (Lithium Africa Resources) RESULTS Spodumene discoveries announced o

  17. Slide 17: Systematic Pitting & Sampling Coverage at Issia

    SYSTEMATIC PITTING & SAMPLING COVERAGE AT ISSIA www.switchmetals.com // AIM: SWT 17 17

  18. Slide 18: Exploration Upside: Bouaké Niobium and Tantalum Pegmatites

    EXPLORATION UPSIDE: BOUAKE NIOBIUM AND TANTALUM PEGMATITES OVERVIEW WORK COMPLETED Hosted within biotite and two-mica granites Grab sampling of granites and pegmatites BOUAKE Historical rare earth occurrences Processed national airborne magnetics (monazite, xenotime) identifying pegmatite corridors

  19. Slide 19: Why Côte d'Ivoire?

    WHY CÔTE D’IVOIRE ? Government’s Strategic vision to position mining as a new pillar of the country’s economic growth Energy Ports Industrial ports – Abidjan and San Net exporter of electricity (mainly gas Pedro and hydropower) Economic growth Airports Sustained GDP growth – 5.6% average Daily inter

  20. Slide 20: Switch Metals plc contact details

    SWITCH METALS PLC, Devonshire House, 1 Mayfair Place, London, W1J 8AJ www.switchmetals.com info@switchmetals.com

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