Sandfire Resources Ltd · ASX:SFR
Sandfire Resources — The Future of Mining Summit 2025
12 slides from Sandfire Resources's conference presentation, Jun 17, 2025
Slide 1: Motheo: A story of success for Sandfire and Botswana
Motheo: A story of success for Sandfire and Botswana. The Future of Mining Summit 2025 Brendan Harris, Chief Executive Officer and Managing Director 17 June 2025
Slide 2: Overview
Overview Sustainability and economic contribution The remarkable journey of Motheo Sandfire’s plan for the future Future of Mining Summit | 2
Slide 3: Our global footprint
Our global footprint (a) Legend Note a. Sandfire’s interest in Black Butte is held via an 87% equity stake in TSX listed Sandfire Resources America Inc. (TSX-V: SFR), which owns 100% of Black Butte. Future of Mining Summit | 3
Slide 4: Building a remarkable asset – successful transition to operations
Building a remarkable asset – successful transition to operations Future of Mining Summit | 4
Slide 5: Our people
Our people Nothing is more important than the health and wellbeing of our people, and we must believe it is possible to have a workplace that is injury free. A safe business is a productive business. • Group Total Recordable Injury Frequency (TRIF) – 1.6 • Motheo Operations 1.0 • 1,732 people employ
Slide 6: Sustainability and community impact
Sustainability and community impact Sustainability must permeate everything we do. Sustainability is integral to the achievement of our purpose and must permeate everything we do. • Our goal is to achieve a net gain in key biodiversity values at Motheo. • Decarbonisation plan established. We are eng
Slide 7: Major contributor to the economy of Botswana
Major contributor to the economy of Botswana Sandfire’s contribution We contribute to Botswana’s economy by paying taxes and royalties, BWP 4.0B BWP 38.2B and through local procurement, employment and community programs. FY24 economic contribution Estimated economic contribution to Botswana over ini
Slide 8: +US$550M investment in Botswana since 2021
+US$550M (+BWP 7,638M) investment in Botswana since 2021 Investment in Botswana - January 2021 to December 2024 (US$M) Key areas of investment 80 600 70 • Capital investment: 500 • 3.2Mtpa processing plant 60 • T3 open pit mine 400 development 50 • 5.2Mtpa expansion US$M US$M • A4 open pit mine 40 3
Slide 9: Life of Mine (LOM) estimated economic contribution
Life of Mine (LOM) estimated economic contribution Over the initial ~10-year mine life Estimated LOM – total economic contribution Estimated LOM – local supplier, wages and government economic contributions (US$M) 100% 80% 60% 40% 20% 0% Payments to Contractors and Suppliers* Payments for Mine Prope
Slide 10: Significant investment in targeted exploration
Significant investment in targeted exploration Kalahari Copper Belt Our large land holding and continued investment in exploration is critical as we work to extend the life of the Motheo processing complex. Redefining the potential of the Kalahari Copper Belt • Significant potential remains within o
Slide 11: Botswana's copper industry in a global context
Botswana’s copper industry in a global context Reserves (contained kt and grade %) and copper production (kt). Cu grade Bubble size (area) represents (%) 2024 Cu production (kt) 5.00% 4.50% 4.00% Kamoa-Kakula 3.50% Cobar - CSA 3.00% Tenke Fungurume 2.50% Antamina Khoemacau (Boseto) Las Bambas 2.00%
Slide 12: We look forward to building on our strong relationship with the Government of Botswana
We look forward to building on our strong relationship with the Government of Botswana and supporting your plans to diversify and grow the economy for the benefit of all of Botswana.
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