Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Corporate Update (July 2026)
38 slides from Sunrise Energy Metals's corporate update, Jul 30, 2026
Slide 1: Sunrise Project Community Consultative Committee
Sunrise Project Community Consultative Committee 30 July 2026
Slide 2: Syerston Scandium Project
01 Syerston Scandium Project 2 Powering innovation | July 26
Slide 3: Syerston Scandium Project – Indicative Timeline
PROJECT TIMELINE 3 Syerston Scandium Project – Indicative Timeline Finalise the Plan Full Construction Commissioning Final Engineering Plant Construction Practical Project Early Works Contracts Amended VPA Approval 2H2026 Mining and Tailings Construction 2H2027 Completion Process Plant 2H 2028 Infil
Slide 4: Revised Layout
PROJECT LAYOUT 4 Revised Layout 4 Powering innovation | July 26
Slide 5: Infill Drilling
EXPLORATION 5 Infill Drilling ● Drilling carried out in the north confirmed the orebody ● Drilling was also carried out in the south in May – Why? ● FID level orebody knowledge is now confirmed ● Potentially lower costs for the operation ● Lower initial impacts with lower road and removal of the Nor
Slide 6: Processing Facility
PROJECT DELIVERY Processing Plant 6 Processing Facility High-Pressure Acid Leach Circuit and ROM Pad Offices Runoff Pond ● Processing Facility location ● Facility Details (indicative) Workshop Scandium ● 64,000 tpa (10tph) Refinery ● 175m x 175m facility Chemical Storage Diesel Storage ● 30m high at
Slide 7: Tailings Facility and Evaporation Pond
PROJECT DELIVERY 7 Tailings Facility and Evaporation Pond PROGRESS ● Feasibility Level design received Evaporation Pond ● Initial TSF sized for the first 3–4 years, with subsequent lifts ● Evaporation pond sized for full operations ● Both lined, as per approvals and the latest ANCOLD standards UPDAT
Slide 8: Water Supply
WATER SUPPLY 8 Water Supply ● SEM needs a dedicated and reliable water supply for the Scandium Project ● A water pipeline is to run approximately 65km from the approved borefield near Warroo, to the mine site ● Detailed design is complete, catering for a reduced water demand compared to Sunrise Nick
Slide 9: Water Supply - Pipeline Timeline
WATER SUPPLY 9 Water Supply - Pipeline Timeline October- November March-April September 2026 2027 July – August August 2026 2026 2027 Construction Construction Notification to Preliminary (trenching, completed / Replanting landholders works pipe laying, pipeline commences (vegetation reinstatement)
Slide 10: Water Supply – Route and Rehabilitation
WATER SUPPLY 10 Water Supply – Route and Rehabilitation ● SEM is committed to replanting at a minimum 2:1 ratio, two native trees for every one removed, using locally sourced species suited to the corridor - grey box, bimble box and cassia ● Where habitat trees are identified, and wherever possible,
Slide 11: Water Supply – Construction Approach
WATER SUPPLY 11 Water Supply – Construction Approach ● SEM is seeking NSW Planning Secretary approval for 24-hour construction of the water pipeline, which would reduce the overall construction timeframe (faster construction) and minimize impacts to traffic ● This approach would be supported by a No
Slide 12: Water Supply – Groundwater
WATER SUPPLY 12 Water Supply – Groundwater ● Water supply for the Scandium Project will be drawn from the approved borefield, licensed under the Water Management Act ● Modelling for the Nickel-Cobalt Project indicated a drawdown of no more than 2m in the Lachlan aquifer at the borefield ● Updated mo
Slide 13: 22kV Powerline Relocation
ENABLING WORKS 13 22kV Powerline Relocation ● The existing 22kV power line which traverses the project site crosses the planned tailings facility location and future mining pit locations ● This powerline will need to be relocated prior to tailings facility construction commencing ● Design and permit
Slide 14: Voluntary Planning Agreement – Deed of Variation
ROADS AND INFRASTRUCTURE 14 Voluntary Planning Agreement – Deed of Variation ● SEM has discussed traffic considerations with the Councils and agreed a Deed of Variation to the current VPA to provide contributions to roads/community for the Phase 1 Scandium Project ● Road Safety Audits remain unchang
Slide 15: Next Steps - 2026
NEXT STEPS 15 Next Steps - 2026 Exploration and Mining Titles Process ● Submit Modification to the current project approvals ● Board Approval mid year to proceed ● Hire key roles within the owner's team for project delivery ● Commence pre-construction activities • Final Engineering • Connection of w
Slide 16: Modification 8
02 Modification 8 16 Powering innovation | July 26
Slide 17: Modification 8 Overview
APPROVALS 17 Modification 8 Overview ● Modification to existing Development Consent under s4.55(2) of the EP&A Act to allow for the Scandium Project optimisations: ● Changes to the locations/sizes of the small-scale scandium pits and waste rock emplacements; ● Increased ROM mining rate from `100,000
Slide 18: Modification 8 Update
APPROVALS 18 Modification 8 Update INDICATIVE Scandium Project (MOD 3) Modified Scandium Project 18 Powering innovation | July 26
Slide 19: Modification Update – New Transport Route
TRAFFIC & TRANSPORT 19 Modification 8 Update – New Transport Route New Project Transport Route Option 19 Powering innovation | July 26
Slide 20: Modification Update
APPROVALS 20 Modification 8 Update ● The following supporting technical studies have been undertaken: • Road Transport Assessment (TTPP) • Groundwater Review (HydroAlgorithmics) • Surface Water Assessment (ATC Williams) • Noise Assessment (Renzo Tonin) • Air Quality & Greenhouse Gas Assessment (Aire
Slide 21: Modification 8 – Environmental Assessment Outcomes
03 Modification 8 – Environmental Assessment Outcomes 21 Powering innovation | July 26
Slide 22: Modification – Air Quality
APPROVALS 22 Modification 8 – Air Quality ● Air Quality Assessment prepared in accordance with the NSW EPA Approved Methods ● On-site meteorological data adopted in the modelling ● Maximum case mine site construction and operational scenarios modelled ● No exceedances of relevant criteria predicted,
Slide 23: Modification – Noise
APPROVALS 23 Modification 8 – Noise ● Noise Assessment prepared in accordance with the Noise Policy for Industry(NPfI) ● On-site meteorological data adopted in the modelling and adverse meteorological conditions considered in accordance with NPfI – inversion and noise enhancing winds in the evening
Slide 24: Modification – Surface Water
APPROVALS 24 Modification 8 – Surface Water ● The existing water balance was updated to incorporate the Modification ● The water balance modelling demonstrates that the modified site water management system has sufficient capacity and flexibility to accommodate a wide range of climate scenarios ● No
Slide 25: Modification – Road Transport
APPROVALS 25 Modification 8 – Road Transport ● Road transport assessment prepared in accordance with the relevant TfNSW guidelines ● Traffic is expected to be lower than the approved Scandium Project and significantly lower compared to the approved Scandium-Nickel-Cobalt Project ● No significant imp
Slide 26: Modification – Hazards & Risk
APPROVALS 26 Modification 8 – Hazards & Risk ● A Preliminary Hazard Assessment (PHA) undertook a risk-based assessment for credible events that have the potential for off-site impacts ● This includes revisions to processing plant and reagents used, addition of a scandium fluoride plant and a hybrid
Slide 27: Modification – Groundwater
APPROVALS 27 Modification 8 – Groundwater ● The Groundwater Review evaluated the potential groundwater impacts associated with the Modification ● The modified Scandium Project is unlikely to intercept groundwater, and therefore no drawdown impacts are expected ● It is considered unlikely that the Mo
Slide 28: Modification – Next Steps
03 Modification 8 – Next Steps 28 Powering innovation | July 26
Slide 29: Modification – Next Steps
APPROVALS 29 Modification 8 – Next Steps ● Modification is planned to be submitted to DPHI in August 2026 ● The Modification would then be placed on public exhibition for public comment ● Public notifications will be made in local newspapers (Condobolin, Parkes and Forbes) inviting members of the ge
Slide 30: Community Update
03 Community Update 30 Powering innovation | July 26
Slide 31: Community – Support and Sponsorship
COMMUNITY & ECONOMY 31 Community – Support and Sponsorship ● SEM is sponsoring the Tullamore, Trundle, Bedgerabong, Condobolin, Parkes and Forbes shows in 2026. We will have an information stand at each of the shows to keep the community informed as the project progresses ● SEM was a major sponsor o
Slide 32: Community – Keeping People Informed
COMMUNITY & ECONOMY 32 Community – Keeping People Informed ● Community Communication – Parkes and Condobolin shopfronts are open, first and third Tuesday/Thursday of the month ● Sunrise Energy Metals website – Complaints register published monthly, with zero complaints YTD – Community Complaints lin
Slide 33: Announcements
SUNRISE ENERGY METALS 33 Announcements ● Appointment of CFO – John Mullumby will join Sunrise on a full time basis with extensive Commercial Experience ● New South Wales Critical Minerals Royalty Deferral Scheme – Recognition from the NSW government that Syerston is critical to the future and defers
Slide 34: Environmental Management Update
04 Environmental Management Update 34 Powering innovation | July 26
Slide 35: Environmental Monitoring
ENVIRONMENT 35 Environmental Monitoring ● Continuing environmental monitoring: – Air Quality – Surface Water – Groundwater – Meteorological ● Depositional dust and Particulate Matter (PM10 and PM2.5) ● Surface water monitoring events – Three creeks sampled in July 2026 ● Groundwater monitoring – Com
Slide 36: Government Contact/Correspondence
STAKEHOLDER ENGAGEMENT 36 Government Contact/Correspondence ● Major Projects Facilitation Agency – Quarterly Project Update ● Department Planning, Housing & Infrastructure – Modification briefing and EMP update discussion ● Department Planning, Housing & Infrastructure – Submission of 2025 Annual Re
Slide 37: CCC Member Questions
05 CCC Member Questions 37 Powering innovation | July 26
Slide 38: Thank you
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