Switch Metals Plc · LSE:SWT
Switch Metals — Investor Presentation (April 2026)
21 slides from Switch Metals's investor presentation, April 2026
Slide 1: Strategic Scale. Ethical Supply.
STRATEGIC SCALE. ETHICAL SUPPLY. Emerging Tantalum Developer with Lithium Upside in Côte d’Ivoire April 2026 February 2026 Switch Metals plc / AIM: SWT www.switchmetals.com
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
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 Largest Tantalum core ~60–70% of global Pilot wash plant Xcelsior Maiden Tantalum critical metals strategic metal, supply
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
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
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
Slide 7: Corporate Overview: Leadership & Capital Structure
CORPORATE OVERVIEW: LEADERSHIP & CAPITAL STRUCTURE Capitalisation Share Price Current price: 15p 15p Shares outstanding: 118.10 M Market capitalisation: £17.7 M Listing: AIM (SWT) * as of COB 27 Feb 2026 Founder-led Africa Experience Technical Oversight Supportive Shareholder Base Aligned management
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
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
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
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
Slide 12: Pathway to Maiden Tantalum Resource
PATHWAY TO MAIDEN TANTALUM RESOURCE Systematic transition from surface exploration to structured resource definition. Q4 2025 H1 2026 H1 2026 Completed In Progress Target Washing* Pitting & Sampling Geological Modelling (40% Complete) XRF Screening Stockpiling MAIDEN MRE DELIVERY (Initial Batches Im
Slide 13: 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
Slide 14: New Discovery: High-Grade Lithium at Issia
NEW DISCOVERY: HIGH-GRADE LITHIUM AT ISSIA ‘Kabore’ spodumene discovery 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 on spodumene-rich zones
Slide 15: Catalyst Timeline: MRE, Development and Growth
CATALYST TIMELINE: MRE, DEVELOPMENT AND GROWTH Pathway to Resource, Development and Discovery Upside NOW H1 2026 H2 2026 BEYOND Ongoing washing Maiden Tantalum Metallurgical Mining licence application results MRE testing Strategic offtake and Independent Establishing Preliminary construction financi
Slide 16: Appendices
APPENDICES SWITCH METALS PLC, Devonshire House, 1 Mayfair Place, London, W1J 8AJ www.switchmetals.com info@switchmetals.com
Slide 17: 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
Slide 18: Systematic Pitting & Sampling Coverage at Issia
SYSTEMATIC PITTING & SAMPLING COVERAGE AT ISSIA www.switchmetals.com // AIM: SWT 18 18
Slide 19: Exploration Upside: Bouake 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
Slide 20: 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
Slide 21: Switch Metals Plc contact details
SWITCH METALS PLC, Devonshire House, 1 Mayfair Place, London, W1J 8AJ www.switchmetals.com info@switchmetals.com