Empire Metals Limited · LSE:EEE
Empire Metals — Non-Deal Roadshow (June 2026)
19 slides from Empire Metals's roadshow presentation, June 2026
Slide 1: Developing a World-Class Titanium Project in Western Australia
Developing a World-Class Titanium Project in Western Australia Corporate Presentation – Roadshow June 2026 LON : EEE OTCQX : EPMLF
Slide 2: Disclaimer and Statements
Disclaimer and Statements This presentation (“Presentation”) has been prepared by Empire Metals Limited (“Empire” Competent Persons Statement or the “Company”) for information purposes only and may be subject to material The technical information in this report that relates to the Company’s explorat
Slide 3: A Once-in-a-Generation Titanium Opportunity
A Once-in-a-Generation Titanium Opportunity Long Life, Globally Rapid Western Significant Titanium Project Project Development Australia → JORC MRE1 of 2.2Bt at 5.1% TiO2 for 113Mt → MRE update planned in Q3 2026 contained TiO 2 → Confirmed metallurgical flowsheet Pitfield → High-Purity (99%+ TiO₂)
Slide 4: Titanium is a Strategic Commodity Powering Critical Industries
Aerospace & Defense Titanium is a Strategic Commodity • • Aircraft engines & landing gear Missiles Powering Critical Industries • Armoured vehicles & submarines Aerospace demand driven by lighter, efficient fleet renewal (source: European Commission 2025) Medical • Critical Metal needed now and for
Slide 5: Low Cost, Sustainable Premium Titanium is in Short Supply
Titanium demand is growing, costs are high, the industry needs production from a new source Low Cost, Sustainable Premium Titanium is in Short Supply Global Titanium Dioxide Consumption 12000 10000 '000 Tonnes TiO2 8000 $20B Market Size in 2025* (USD) 3.4% CAGR from 2025-2030* 6000 4000 2000 Pigment
Slide 6: Tier-1 Jurisdiction of Western Australia
Tier-1 Jurisdiction of Western Australia De-risked development in a proven mining region with direct access to port, power and transport → Mid-West region is a mining and agricultural hub – offering skilled labour services and clear permitting pathway → Export ready location - 320 km from Perth and
Slide 7: One of the Largest & Highest-Grade Titanium Resources Reported Globally
Exceptional One of the Largest Drill Results informed the MRE & Highest-Grade Titanium 44m at 7.87% TiO2 from surface [AC25TOM159] Resources Reported Globally1 98m at 7.05% TiO2 from 2m depth [RC25TOM062] A giant high-grade titanium deposit with exceptional continuity 148m at 6.49% TiO2 from surface
Slide 8: High-Value In-Situ Weathered Cap
High-Value In-Situ Weathered Cap High-purity titanium dioxide minerals at surface MRE* contains an in-situ weathered zone of 1.3Bt at 5.2% TiO 2 containing 66Mt TiO 2 → Highest TiO2 grades within in-situ weathered cap, 40-60m deep from surface, containing primary anatase and rutile → Anatase and rut
Slide 9: Integrated processing flowsheet
Integrated processing flowsheet Conventional processing steps confirmed to produce a high-purity titanium dioxide product, ore to premium pigment Mining Rougher / Cleaner Low Temp Leach Ti Hydrolysis Chemical Coating Scrubbing Flotation Acid Bake / Water Wash TiO2 Calcining Surface Treatment Ore Ben
Slide 10: Competitive cost potential
Competitive cost Key metallurgical outcomes potential Bench-scale testwork completed across all key processing steps. Pitfield offers a cost advantage relative to >34% TiO2 mineral conventional sulphate ilmenite route, 99%+ TiO₂ benchmarked against independent cost concentrate High-purity product pr
Slide 11: Milestones creating value in H2 2026 and beyond
Milestones creating value in H2 2026 and beyond Upcoming catalysts – derisking for development z MRE update on track for Q3 2026 Rutile pigment product development and specification definition and active end-user engagement for pigment and sponge markets, and alumina co-product development Continuou
Slide 12: Capital Structure
Capital Structure → Constituent of the AIM 100 Index → OTCQX-quoted → Raised £8m in May ‘26 Ticker LON:EEE from institutional shareholders → Planning ASX dual listing in H2 2026 Market Cap* £273M Share Price* 36.00p Major Shareholders Shares on Issue 757,559,888 8.28% Aims Asset Management Sdn. Bhd.
Slide 13: Board and Senior Management
Board and Senior Management Focused on execution and value creation Neil O’Brien Non-Executive Chairman Phil Brumit Non-Executive Director Former SVP Exploration & New Business Development Mining engineer and operations expert, delivering at Lundin Mining (Retired 2018). Extensive global major globa
Slide 14: Technical Excellence
Technical Excellence An exceptional technical team in Perth, WA Process Andrew Faragher Exploration Manager Narelle Marriott Development Manager Former Rio Tinto Exploration Manager with Former BHP Snr Process Engineer and recently over 25 years’ experience working across General Manager Process Dev
Slide 15: Most Titanium Starts as Low-Grade Ore and Requires Costly, Polluting Processes. Not Ours.
Most Titanium Starts as Low-Grade Ore and Requires Costly, Polluting Processes. Not Ours. Pitfield offers a better alternative for direct high-purity titanium supply to the market ✓ High-Purity Ore, ✓ Cost advantages vs High Purity 99.25% conventional sulphate TiO2 Product ilmenite route ✓ Higher co
Slide 16: Empire Metals: The Next Generation for Titanium
Empire Metals: The Next Generation for Titanium Pitfield is exceptional and capable of meeting future Giant scale, long life growth in world demand over a multi-generational timeline Titanium metal and high-purity TiO2 feedstocks High-value high-purity attract premium pricing – high demand, end prod
Slide 17: Disclaimer
Disclaimer Continued from Page 2 This Presentation has not been approved by any authorised person pursuant to Section 21(2)(b) of the Financial Services and Markets Act 2000 This Presentation contains confidential information regarding the ("FSMA") and is therefore being issued for information purpo
Slide 18: Appendix: Pitfield Project Mineral Resource Statement
Appendix: Pitfield Project Mineral Resource Statement Effective October 2025 Indicated Inferred Total Mineral Resource Cut-Off Tonnes Grade Tonnes Tonnes Grade Tonnes Tonnes Grade TiO2 Tonnes Material Type TiO2 (%) (Mt) (%) (kt) (Mt) (%) (kt) (Mt) (%) (kt) Thomas Deposit, Pitfield Laterite 33 3.0 1,
Slide 19: info@empiremetals.com
info@empiremetals.com London: 6 Heddon Street, London W1B 4BT, UK Perth: 506A Hay Street, Subiaco WA 6008, Australia +44 (0) 20 4583 1440 www.empiremetals.com LON : EEE OTCQX : EPMLF