Aic Mines Limited · ASX:A1M
Aic Mines — ASX SMIDcaps Conference 2026
15 slides from Aic Mines's conference presentation, Sep 22, 2026
Slide 1: Producing Copper. Building Value.
In partnership with Bell Financial Group For personal use only Producing Copper. Building Value. ASX SMIDcaps Conference ASX: A1M September 2026
Slide 2: Important information
Important information This presentation has been prepared by AIC Mines Limited (ABN 11060156452) (“the Company” or “AIC Mines”) to provide summary information about AIC Mines and its activities at the date of this presentation. The information contained in this presentation does not purport to be co
Slide 3: AIC Mines: An Australian copper producer – doubling in size
AIC Mines An Australian copper producer – doubling in size We own and operate the Eloise copper mine in northwest Queensland. We produce copper today, and we are on track to roughly For personal use only double production over the next three years. $636M 13,064t $63.3M 25-27,000t Market capitalisati
Slide 4: Why copper
Why copper And why there are so few ways to own it on the ASX For personal use only 01 Demand is structural Electrification, grid rebuild, 02 New supply is difficult Grades at the world's large 03 ASX exposure is scarce Most investors can name renewables and data copper mines are falling and several
Slide 5: A team that has done this before
A team that has done this Building the next Australian mid-tier copper producer before LTM SHARE PRICE 1 Aaron Colleran For personal use only $1.00 14.0M Managing Director & CEO $0.90 12.0M Founding member of Evolution Mining, where he led business development $0.80 and investor relations from 2010
Slide 6: Our cornerstone asset: The Eloise and Jericho copper mines
Our cornerstone asset The Eloise and Jericho copper mines Queensland For personal use only - Established mining jurisdiction, sealed road access, existing power and water, and a workforce that flies in from Townsville and Cairns. An operating mine - Eloise has produced copper continuously since 1996
Slide 7: We do what we say
We do what we say Three consecutive years of meeting guidance FY24 FY25 FY26 For personal use only 13,412t 12,863t 13,064t copper produced copper produced copper produced All-in sustaining cost: A$5.15/lb All-in sustaining cost: A$4.98/lb All-in sustaining cost: A$4.99/lb Guidance achieved Guidance
Slide 8: Our growth story
Our growth story Development of Jericho and expansion of the Eloise plant Development of Jericho underpins the staged expansion of the Eloise plant For personal use only - Two stage expansion, inline with mining rate ramp up at Jericho. Stage 1 expansion to 1.1Mtpa is on schedule for commissioning i
Slide 9: Production roughly doubles by FY29
Production roughly doubles by FY29 Commissioning of stage 1 is imminent Now For personal use only Stage 1 plant expansion under construction 25,000 – 27,000t GR Engineering is rebuilding the plant to process 1.1 million tonnes a year. At 31 August 2026 the contract was 92% complete. 20,000 – 22,000t
Slide 10: Exploration Strategy
Exploration Strategy Focus on transformational discoveries We are one of the most active copper explorers in northwest Queensland. For personal use only The Eloise Regional Project consists of 1,800km2 of contiguous, 100% owned tenure surrounding the Eloise and Jericho mines. - A pipeline of targets
Slide 11: Investment Proposition
Investment Proposition For personal use only Highly credentialed and heavily invested team Cashflow – high-grade Eloise mine delivering reliable production Growth – development of Jericho deposit and expansion at Eloise underway Upside – exploration successfully adding mine life and optionality A gr
Slide 12: Appendix: Mineral Resources and Ore Reserves
For personal use only Appendix MINERAL RESOURCES AND ORE RESERVES
Slide 13: Eloise Project Production Outlook
Eloise Project Production Outlook COMBINED PRODUCTION OUTLOOK AS AT 31 DECEMBER 2025 Production Outlook refers to the FY27 Guidance, and FY28 and FY29 Production Targets. Production Outlook FY27 FY28 FY29 For personal use only Production Target (Low - High) t Cu in conc 17,500 - 18,500 20,000 - 22,0
Slide 14: Eloise Project Mineral Resources
Eloise Project Mineral Resources ELOISE PROJECT – COMBINED MINERAL RESOURCES AS AT 31 DECEMBER 2025 Notes: - Eloise and Jericho Mineral Resources are inclusive of Ore Cu Grade Au Grade Ag Grade Contained Contained Contained Reserves. There is no certainty that Mineral Resources will be Resource Cate
Slide 15: Eloise Project Ore Reserves
Eloise Project Ore Reserves ELOISE PROJECT – COMBINED ORE RESERVES AS AT 31 DECEMBER 2025 Notes: - Eloise Ore Reserves are estimated using a 1.3% Cu cut-off above 0mRL (1,190mBSL) and 1.8% Cu below 0mRL. Cu Grade Au Grade Ag Grade Contained Contained Contained - Jericho Ore Reserves are estimated us