Slide 1: Tribeca Future Facing Commodities 2025 Investor Update Presentation
Tribeca Future Facing Commodities 2025 Investor Update Presentation Access our presentation here 3 April 2025
Slide 2: Important information and disclaimer
Important information and disclaimer This presentation has been prepared by Sandfire Resources Limited (ABN 55 105 154 185) (Sandfire or the Company) and contains Forward-Looking Statements information about Sandfire current at the date of this presentation. The presentation is in summary form, has
Slide 3: Our Purpose
Our Purpose We mine copper sustainably to energise the future Tribeca Future Facing Commodities 2025 | 3
Slide 4: Our global footprint
Our global footprint Commodity revenue mix (H1 FY25, % payable metal by value) Group 9% 16% 73% MATSA 8% 27% 62% Motheo 11% Legend 89% Copper Zinc Lead Gold Silver Note a. Sandfire’s interest in Black Butte is held via an 87% equity stake in TSX listed Sandfire Resources America Inc. (TSX-V: SFR), w
Slide 5: The Sandfire Way
The Sandfire Way Our values Our purpose We mine copper sustainably to energise the future Honesty Our strategic pillars Respect Deliver safe, consistent Reduce our Increase Demonstrate and predictable carbon intensity our reserves capital discipline performance Collaboration We deliver our purpose b
Slide 6: MATSA Operations
MATSA Operations Tribeca Future Facing Commodities 2025 | 6
Slide 7: MATSA | The premier mining complex in the Iberian Pyrite Belt
MATSA | The premier mining complex in the Iberian Pyrite Belt Iberian Pyrite Belt Tribeca Future Facing Commodities 2025 | 7
Slide 8: MATSA | The premier mining complex in the Iberian Pyrite Belt
MATSA | The premier mining complex in the Iberian Pyrite Belt Continuing to build consistency and predictability in our underground H1 H1 Key metrics FY25G mines and surface processing facility FY24 FY25 Production • Mining and processing rates of 4.6Mtpa Plant throughput Mt 2.3 2.3 4.6 Copper Equiv
Slide 9: MATSA | Increasing our reserves
Magdalena five-year drilling plan MATSA | Increasing our reserves Targeting a minimum 15 years of reserve life within five years • Multi-year program based on extensive drilling and geophysics • Significant drilling program planned for FY25 • We continue to assess other synergistic opportunities 500
Slide 10: Motheo Operations
Motheo Operations Tribeca Future Facing Commodities 2025 | 10
Slide 11: Motheo | Redefining the potential of the Kalahari
Motheo | Redefining the potential of the Kalahari Kalahari Copper Belt Tribeca Future Facing Commodities 2025 | 11
Slide 12: Motheo | Redefining the potential of the Kalahari
Motheo | Redefining the potential of the Kalahari Achieved average annualised processing rate of 5.6Mtpa in H1 FY25, H1 H1 Key metrics FY25G significantly exceeding design capacity FY24 FY25 Production • Expect to maintain this higher rate of throughput for the foreseeable future Plant throughput Mt
Slide 13: Motheo | Increasing our reserves
Motheo | Increasing our reserves A4 repetition fold planned drilling Targeting a minimum 15 years of reserve life within MO-A4-204D MO-A4-168D MO-A4-145D MO-A4-142D MO-A4-163D MO-A4-191D five years • Significant exploration drilling program planned for FY25: • ~6km to test the T3 footwall and A4 str
Slide 14: Black Butte | Extending the Lower Copper Zone
Black Butte | Extending the Lower Copper Zone Johnny Lee Lower Copper Zone plan view Preparing to tollgate into the next study phase • 20km diamond drilling program currently underway • Testing the higher-grade Johnny Lee Lower Copper Zone • Fully permitted project H1 FY25 drilling highlights • Dril
Slide 15: An increasingly strong balance sheet with enhanced flexibility
An increasingly strong balance sheet with enhanced flexibility Net debt7 We continue to deleverage the balance sheet towards a net $M Motheo –T3 & 3.2Mtpa construction Ramp up De-gearing cash position A4 & 5.2Mtpa construction Exploration ramp up 500 MATSA DeGrussa Motheo first • Net debt reduced to
Slide 16: About Sandfire
About Sandfire Our Purpose We mine copper sustainably to energise the future Sandfire Resources is the largest copper focused company on the ASX • Strategic position in two highly prospective copper belts • Focused on increasing our reserves to 15 years within five years • We continue to deleverage
Slide 17: Access our presentation here
Access our presentation here: +61 8 6430 3800 www.sandfire.com.au Corporate Head Office Level 2, 10 Kings Park Road West Perth WA 6005 Australia PO Box 1495 West Perth WA 6872 Australia
Slide 18: Appendix I
Appendix I SFR Exploration Results, Mineral Resources and Ore Reserves estimates The information in this presentation that relates to SFR’s Exploration Results, Mineral Resources or Ore Reserves is extracted from SFR’s ASX releases and is available at https://www.sandfire.com.au/where-we-operate/min
Slide 19: Updated Group FY25 guidance
Updated Group FY25 guidance Corporate FY25 guidance (YTD % of FY25 revised guidance) MATSA Motheo Groupa & Other Production Ore processed (Mt) 4.6 (50%) 5.6 (50%) 10.2 (50%) Copper (kt contained) 56 (49%) 53 (48%) 109 (48%) Zinc (kt contained) 92 (49%) - 92 (49%) Lead (kt contained) 10 (44%) - 10 (4