Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Corporate Update (December 2025)
23 slides from Sunrise Energy Metals's corporate update, Dec 2, 2025
Slide 1: Sunrise Project Community Consultative Committee
Sunrise Project Community Consultative Committee 2 December 2025
Slide 2: Contents
Contents 1 2 Finance/Market Update Syerston Scandium Update 3 Sunrise Project Project 4 Community Update 5 Environmental Management Update 6 CCC Member Questions 2 Powering innovation | December 25
Slide 3: Finance/Market Update
01 Finance/Market Update 3 Powering innovation | December 25
Slide 4: Syerston Scandium Project
02 Syerston Scandium Project 4 Powering innovation | December 25
Slide 5: What is Scandium?
What is Scandium? › Scandium is a chemical element with the symbol Sc and atomic number 21 › Scandium is used in a range of strategic technology markets, including high performance alloys, fuel cells and semiconductors 5 Powering innovation | December 25
Slide 6: Syerston Scandium Project
Syerston Scandium Project › The Syerston Scandium Project comprises small- scale mining of multiple high-grade zones of scandium mineralisation that are hosted within the larger nickel-cobalt resource and subsequent processing to produce scandium oxide. › A Feasibility Study for a standalone Scandiu
Slide 7: Syerston Scandium Project – Mineral Resource Estimate (MRE)
Syerston Scandium Project – Mineral Resource Estimate (MRE) › MRE was updated in September following a successful 125 hole Reverse Circulation (RC) drilling program in April/May See the Company’s ASX Announcement of 9th September 2025 for further details 7 Powering innovation | December 25
Slide 8: Syerston Scandium Project – Ore Reserves Estimate & Mine Plan
Syerston Scandium Project – Ore Reserves Estimate & Mine Plan › The Ore Reserves Estimate & Mine Plan was updated in October following the completion of the MRE 8 Powering innovation | December 25
Slide 9: Syerston Scandium Project – Feasibility Study
Syerston Scandium Project – Feasibility Study The Update to the Feasibility Study is nearing completion with a target completion in early 2026 Completed In Progress Project Overview Ore Reserves & Mine Plan – Reporting Geology and Mineral Resource Estimate Mining and Ore Reserves & Mine Plan
Slide 10: Syerston Scandium Project – Next Steps
Syerston Scandium Project – Next Steps The aim of these activities is to derisk the critical path for project delivery and ultimately support a final investment decision Planning for a modification to the current project approvals Hire key roles within the owner's team for project delivery Com
Slide 11: Syerston Scandium Project – Proposed Optimisations
Syerston Scandium Project – Proposed Optimisations › Project optimisations identified during Feasibility Study update include: • Minor changes to the site layout within the New Site approved Surface Development Area, Revised Pit Access Road including the locations of small-scale Scandium Layouts Ope
Slide 12: Syerston Scandium Project – Approval Requirements
Syerston Scandium Project – Approval Requirements › The approval pathway likely be a modification to existing Development Consent under s 4.55(2) of the NSW EP&A Act. › The modification application will likely require the following supporting technical studies: • Road Transport Assessment for the re
Slide 13: Syerston Scandium Project – Sunrise Ni/Co Comparison
Syerston Scandium Project – Sunrise Ni/Co Comparison 13 Powering innovation | December 25
Slide 14: Syerston Scandium Project – Sunrise Ni/Co Comparison
Syerston Scandium Project – Sunrise Ni/Co Comparison Sunrise Ni/Co Syerston Scandium Project Project (preliminary data) Construction Workforce 1900 (Approx) 105 Operations Workforce 350 60 Heavy Vehicle 90 4 Traffic/Day Processed Ore / Year 2500 kT/a 64 kT/a Capital Cost (AUD) $2,400 M $185 M Water
Slide 15: Sunrise Project Update
03 Sunrise Project Update 15 Powering innovation | December 25
Slide 16: Community Update
04 Community Update 16 Powering innovation | December 25
Slide 17: Community – Working Together
Community – Working Together › Community Events – Supported the Trundle Bush Tucker Day on 6 September sponsoring the dog jump – Supported the 2025 agricultural shows – Tullamore, Trundle, Bedgerabong, Condobolin, Parkes & Forbes › Presented on the Syerston Scandium project for the Central West and
Slide 18: Keeping People Informed
Keeping People Informed › Community Communication – Parkes and Condobolin shopfronts are open, first and third Tuesday/Thursday of the month › Sunrise Energy Metals website (NEW) – Complaints register published monthly, with zero complaints YTD – Community Complaints line listed on our website – 180
Slide 19: Environmental Management Update
05 Environmental Management Update 19 Powering innovation | December 25
Slide 20: Environmental Monitoring
Environmental Monitoring › Continuing environmental monitoring: – Air Quality – Surface Water – Groundwater (June 2025) – Meteorological › Depositional dust and Particulate Matter (PM10 and PM2.5) › Surface water monitoring events – No flows so far in 2025 › Groundwater monitoring – Next round sched
Slide 21: Government Contact/Correspondence
Government Contact/Correspondence › Dept Industry, Science & Resources – Major Projects Facilitation Agency – quarterly updates › Crown Lands – Licence application and update on discussions with Condobolin Local Aboriginal Land Council › NSW Resources – Sunrise Project / Syerston Scandium Project up
Slide 22: CCC Member Questions
06 CCC Member Questions 22 Powering innovation | December 25
Slide 23: Thank you
Thank you 0. sunrise energy metals
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