Titanium Sands Ltd. · ASX:TSL
Titanium Sands — Corporate Update (June 2025)
18 slides from Titanium Sands's corporate update, Jun 10, 2025
Slide 1: Mannar Heavy Minerals Project, Sri Lanka - Project Update Presentation
For personal use only Mannar Heavy Minerals Project Sri Lanka PROJECT UPDATE PRESENTATION JUNE 2025 www.titaniumsands.com.au
Slide 2: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements This presentation has been prepared by Titanium Sands Limited (“TSL”). The information contained in this presentation is a professional For personal use only opinion only and is given in good faith. Certain information in this document has been derived from
Slide 3: Our Vision
Our Vision Delivering high-grade mineral sands in Sri Lanka Project Milestones For personal use only • Drilling exploration completed at Mannar Island • Significant JORC resource of 318Mt @ 4.17% THM • Scoping study completed identifying stage 1 NPV of $545m Share Risk & Reward • Form Joint Ventures
Slide 4: About Us - Corporate Overview
About Us Corporate Overview For personal use only Our Team Investment Highlights & Company News flow Lee Christensen, Chairman ➢ Tight capital structure with Top 20 holding 55.65% of shares on issue • Experienced ASX company director ➢ Scoping study completed, environmental studied pending • Senior
Slide 5: 2023 Scoping Study Highlights
Mannar HMS Project 2023 Scoping Study For personal use only Highlights • Stage 1 project life of 20 years • Project NPV of $545m • Stage 1 Gross revenue $2.01b (EBITDA $1.2b) • Internal Rate of Return (IRR) 52% • Revenue to Cost ratio of 2.75 • Job creation of 300 and up to 1,200 jobs Images: Exampl
Slide 6: About Us - Project Generators
About Us Project Generators For personal use only Mannar Island Mineral Sands Project • 100% owned through Kilsythe Group • High quality ilmenite based Mineral Sands Deposit • Minor credits to other mineral components • Economically robust long-life project Equity Holdings & Investments www.titanium
Slide 7: Overview - Deposit Location
Mannar HMS Project Overview Deposit Location For personal use only ➢ Mannar Island, located off the north-western coast of Sri Lanka in the Gulf of Mannar is connected to the mainland by a causeway with an elevation in the interior of the island around 3 m above mean sea level. ➢ Five exploration li
Slide 8: Overview - Deposit Geology & Resource
Mannar HMS Project Overview Deposit Geology & Resource For personal use only • Mannar is an extensive concentrated deposit with continuous zones of heavy mineralization up to 3km wide and 10km long and 10-12m deep. • Deposit geology formed extensive zones of heavy mineral Concentration rather than j
Slide 9: Existing infrastructure, Significant HMS
Mannar HMS Project Existing infrastructure, Significant HMS For personal use only Existing road and rail Total resource 318mt @ Historical focus was on Proposed project over infrastructure in place. 4.17% THM with stage 1 coastal licenses, project 69km2 with initial focus Minor upgrades high grade z
Slide 10: Licenses, Mineralogy, Project Valuation
Mannar HMS Project Licenses, Minerology, Project Valuation For personal use only Environmental Impact Assessment (EIA) in Retention status* on all Abundant ilmenite Project stage 1 NPV of progress - being 5 of the major project based heavy mineral $545m managed by highly licenses EL370 pending) (* r
Slide 11: Market Outlook
Mannar HMS Project Market Outlook For personal use only Substantial growth expected between 2024 and 2031. The global ilmenite market is projected to expand at a CAGR of 4.1% from 2023 to 2032, reaching USD 16.6 billion by 2032 The industry is driven by the rising demand for titanium dioxide in sect
Slide 12: Industry Key Trends
Mannar HMS Project Industry Key Trends For personal use only Product Types and Technological Plentiful Availability: Sustainability Focus: strong Applications Applications Advancements: Expected Fuelled by the abundant emphasis on sustainability such as titanium dioxide to drive contributing to and
Slide 13: Applications and Uses
Mannar HMS Project Applications and Uses Ilmenite For personal use only Ilmenite is the most important ore of titanium. Ilmenite is the main source of titanium dioxide, which is used in paints, printing inks, fabrics, plastics, paper, sunscreen, food and cosmetics. Rutile Rutile is used in the manuf
Slide 14: Potential Mining Methodology
Mannar HMS Project Potential Mining Methodology For personal use only •Primary concentrate from floating WCP transported to centrally located Mineral Separation Plant (MSP) •MSP will use conventional electrostatic, electromagnetic and further gravity spiral separation only to produce saleable feedst
Slide 15: HMC Conceptual Processing
Mannar HMS Project HMC Conceptual Processing For personal use only • Wet Concentrator Plant (WCP) using gravity spirals for separation process. • Screen incoming ore with oversize to waste and undersize through electrostatic separation. • Conventional gravity circuit applied with magnetic separation
Slide 16: Overview
Mannar HMS Project Mannar Overview The Mannar Island mineral resource project is a high-grade ilmenite-based For personal use only project in North-West Sri Lanka which has a significant resource ready to be brought into production Production Up to 150,000tp.a - Growing to 450,000 tonnes per year as
Slide 17: Deliverables and Next Steps to IML
Mannar HMS Project Deliverables and Next Steps to IML For personal use only Central Environment Authority have issued to project Terms of Reference (TOR) Geological Survey and Mines Bureau (GSMB) have approved retentions (*EL370 pending) Environmental Studies have commenced Offtake and Joint venture
Slide 18: Investor Contact
Investor Contact For personal use only Dr. James Searle Managing Director +61 (08) 9481 0389 james.searle@titaniumsands.com.au Jason Ferris (MBA) Non-Exec Director jason.ferris@titaniumsands.com.au AUST. REGISTERED OFFICE SRI LANKA REGISTERED OFFICE Level 8, 216 St Georges Terrace No 263/3 Luwis Maw