Metals Australia Ltd · ASX:MLS
Metals Australia — Investor Presentation (October 2025)
24 slides from Metals Australia's investor presentation, Oct 15, 2025
Slide 1: Metals Australia Company and Project Overview – Toronto Investor Sessions
ASX:MLS Metals Australia Company and Project Overview – Toronto Investor Sessions 15 October 2025: Based on summarised publicly available information+ Investor page update.
Slide 2: Disclaimers
Disclaimers CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION This presentation contains forward-looking statements concerning Metals Australia Ltd. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in t
Slide 3: Metals Australia Ltd & Northern Resources Inc.
Metals Australia Ltd & Northern Resources Inc. Critical and Skilled Board & Project Developer Preferred Partner Strategic Minerals Executive Team Advancing projects from Committed to fostering Focus - Canada & Proven expertise in discovery through long-lasting Australia discovery, project developmen
Slide 4: Board & Management
Board & Management Michael Scivolo Alexander Biggs Rachelle Domansky Basil Conti Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Mr Scivolo is an experienced Director, having Mr Biggs is a qualified mining and mechanical Ms. Domansky is an ESG and Mining a
Slide 5: Corporate Snapshot
Corporate Snapshot Share Price Shares on Issue Market Capitalisation Cash at Bank $0.035 731.72M ~ $25.61M ~ 8.5M On 13 Oct 2025 On 2 Jul 2025 On 30 Jun 2025 52 Wk.: L $0.016, H $0.039 Enterprise Valuation Unlisted Options % held by Top 20 Shareholders ~ +$17.11M 8M ~ 46.45% Amounts shown are $AUD -
Slide 6: Project Portfolio
Project Portfolio Corvette River Gold, Silver & Base Metals. Multiple prospects. Warrego East Lac Carheil Copper-Gold Graphite Mineral Resource. prospects Studies Underway: PFS (upstream) Manindi PEA (downstream) A) Zinc-Copper- Silver MRE (JORC) B) Vanadium- Titanium-Magnetite Discovery ASX:MLS 6
Slide 7: Quebec, Canada - Projects
Quebec, Canada - Projects 1) Lac Carheil Graphite Project Lac Carheil looking north to Fermont 2025 Drilling program – one of two rigs deployed 2) Corvette River Gold, Silver & Base Metals Projects Helicopter at East Eade - 2024 Diamond saw cutting & sampling, western side of East Eade - 2024 ASX:ML
Slide 8: Graphite – Highly Concentrated Supply Risk
Graphite – Highly Concentrated Supply Risk Graphite Demand is Growing • Electric Vehicle (EV) & Energy Storage (ES) batteries require significant quantities of critical minerals. EV’s use 5 times more critical minerals than Internal Combustion Engine (ICE) vehicles A. • Graphite is the primary anode
Slide 9: Lac Carheil Graphite Project Overview
Lac Carheil Graphite Project Overview Overview: World class Graphite Mineral Resource located in Quebec, Canada Predevelopment studies underway for upstream & downstream projects 2025 Progress: Drilling: Major program complete: 9,482m (4,044m of graphitic intervals logged)1. Prior drilling of 2,31
Slide 10: Lac Carheil Graphite Project - Upstream
Lac Carheil Graphite Project - Upstream Resource Growth Potential is Enormous Updated Mineral Resource from less than 7% of mapped graphite trends3 Mineral Resource Estimate includes 5.1 Mt of Contained graphite [2.8 Mt Indicated / 2.3 Mt Inferred]. Resource is now 3.3 times larger3. Project area in
Slide 11: Lac Carheil Graphite Project - Downstream
Lac Carheil Graphite Project - Downstream High Purity Graphite Products for Battery Applications 7 High purity graphite produced from new test work (99.99% Cg v target 99.95) Very high conversion – 72% of concentrate upgraded into Coated Spherical Graphite Products (CSPG): CSPG 18 (EV) CSPG 10 (Dome
Slide 12: Corvette River Project Overview
Corvette River Project Overview Project Overview: Multiple Prospect areas in the James Bay region of Quebec. Multiple mineralised corridors outlined for Gold, Silver and Base Metals. Recent Achievements 11 2024 Field program tested 3 separate project areas with historical recordings for gold, silv
Slide 13: Australian Projects
Australian Projects Warrego East Project 12 Tennant Creek, Northern Territory • A drilling program to test 5 target zones for Gold and Copper has been recently completed. • Samples are at the laboratory and will be reported upon once available and analysed. Manindi Project 13,14 Murchison region of
Slide 14: Manindi – Titanium-Vanadium-Iron Project Overview
Manindi – Titanium-Vanadium-Iron Project Project Overview 13,14: High-grade Titanium-Vanadium-Iron discovery Two diamond drillholes and 1 RC hole have intersected discovery Significant core sample gathered for metallurgical test work 22MND004 ~ 45.85m @ 20.2% TiO2 (12,1% Ti), 0.42% V2O5 & 33.3% Fe f
Slide 15: Manindi – Titanium-Vanadium-Iron Project
Manindi – Titanium-Vanadium-Iron Project Project Overview Cont.: High-grade Titanium-Vanadium-Iron – Significant Intersections: • 58.18m @ 0.36 V2O5, 23.4% TiO2, 28.8% Fe (22MND004)13 • 129m @ 0.23% V2O5, 11.5% TiO2, 41.0% Fe (22MND003)14 • 70m @ 0.32% V2O5, 12.19% TiO2, 29.3% Fe (MNRC071)14 Signifi
Slide 16: Manindi - Zinc-Copper-Silver Project
Manindi - Zinc-Copper-Silver Project Project Overview: Zinc – Copper - Silver project with existing Mineral Resource15 1.08 Mt at 6.52% Zn, 0.26% Cu, 3.19 grams per tonne Ag Significance: • Highly prospective magnetic trends support field exploration program to assess sulphides extensions in all dir
Slide 17: Warrego East Project
Warrego East Project Project Overview: Largely Greenfields exploration project prospective for Copper-Gold & Bismuth Regional interest on the rise with Pan African Resources transaction of neighboring TCMG Pty Ltd (~82 M AUD)16 Achievements & Plans: Geophysics – Completed review and reprocessing o
Slide 18: Metals Australia Project Pipeline Summary
Metals Australia Project Pipeline Summary Opportunity Explore Discovery Resource Study Development Opportunity Greenfield Maturing Target Discovery Prefeasibility Generation Exploration Scoping Study Study Generation conversion • Tenement • Warrego – • Corvette Gold, • Manindi VTM • Lac Carhei
Slide 19: Why Invest in Metals Australia?
Why Invest in Metals Australia? High-quality Project and Exploration Portfolio in Premier Mining Jurisdictions - Canada & Australia represent two of the lowest sovereign risk countries globally for mining project Development. Extensive Diversity of Mineral Opportunity spanning Critical, Precious and
Slide 20: BACKUP
ASX:MLS titi BACKUP
Slide 21: Quebec - A Supportive Battery Materials Hub
Quebec - A Supportive Battery Materials Hub Quebec provides strong government support and incentives for both upstream and downstream battery companies, creating an ideal environment for project development and downstream partnerships Lowest electricity rates in North America and Strategic location
Slide 22: References - ASX
References - ASX There is no new information in this document pertaining to ‘Exploration Results, Mineral Resources and Ore Reserves’. All information presented here on these topics has been previously disclosed and the references for the previous or original disclosures are noted where included and
Slide 23: References - Reports
References - Reports A. Park, J., Cho, S.-J., Shin, S., Kim, R., Shin, D. and Shin, Y. (2025). Overview of graphite supply chain and its challenges. Geosciences Journal. doi:https://doi.org/10.1007/s12303-025-00027-2. B. Critical Minerals Outlook 2025_International Energy Agency C. Investissement Qu
Slide 24: Contact Us
ASX:MLS Contact Us E: info@metalsaustralia.com.au P: +61 8 9481 7833 Level 1, 8 Parliament Place West Perth, Western Australia 6005 metalsaustralia.com.au
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