Empire Metals Limited · LSE:EEE
Empire Metals — IMC Spotlight February 2025
13 slides from Empire Metals's conference presentation, Feb 14, 2025
Slide 1: Developing a World-Class Titanium Project
Developing a World-Class Titanium Project Critical Minerals in Western Australia IMC Spotlight February 2025 LON : EEE
Slide 2: Disclaimer
Disclaimer This presentation (“Presentation”) has been prepared by Empire Metals Limited (“Empire” or the “Company”) and may be subject to material updates, revision Forward-looking Statements and further amendment. This Presentation does not constitute an offer or invitation for the sale or purchas
Slide 3: Why Empire Metals
Why Empire Metals Developing the World’s largest known titanium discovery Giant Scale: The Pitfield Project is a district-scale Flowsheet: based on conventional processing titanium mineral deposit technology Titanium: a strategic metal, looming supply Low-Cost Mining: bulk commodity style mining pre
Slide 4: Critical Titanium: +$23B market and growing
Critical Titanium: +$23B market and growing High value, classified as critical by US, UK, European Union, Australia and Japan Titanium Dioxide Pigments (High Quality: $3,300-4,000/tonne) Strong demand vs weak supply chain $23B 3.7% Market Size CAGR in 2022 from 2023-2030 → Multiple everyday applicat
Slide 5: Pitfield: The world's largest known titanium discovery
Pitfield: The world’s largest known titanium discovery 1 A high-grade, giant scale, deposit JORC Exploration Target estimated to be 26.4 to 32.2 billion tonnes with a grade range of 4.5% to 5.5% TiO2* → A giant-scale titanium mineral system within a sedimentary “soft-rock” basin covering 40km by 8km
Slide 6: Pitfield: Infrastructure and services
Pitfield: Infrastructure and services World class project location – close to major infrastructure → Located in the Mid-West region (pop. 65,653) – 313km north of Perth and 156km southeast of Geraldton, the Mid West region’s capital and major port. – Established agricultural and mining communities –
Slide 7: High Value Weathered Cap
High Value Weathered Cap High-purity titanium dioxide minerals at surface Highest TiO2 grades evident in a weathered cap, at surface, containing predominantly anatase and rutile → The weathered zone (40m-60m deep from surface) is estimated to contain between 4.0 to 4.9 billion tonnes with a grade ra
Slide 8: Processing: Mine to Final Product
Processing: Mine to Final Product Aiming to develop a fully integrated, mining, processing and refining operation → Low energy scrubbing and desliming circuit due to highly friable, weathered ores → Conventional mineral separation processes (gravity/flotation) to concentrate the Ti-bearing minerals,
Slide 9: 2025 Milestones: derisking through development
2025 Milestones: derisking through development Pathway to commercialization 2024: Building from a strong base 2025: The path forward Value creation opportunities: Exploration programs in 2023/24 Bulk sampling and metallurgical Strategic partnerships for project delivered the world’s largest titanium
Slide 10: Capital Structure
Capital Structure Significant Shareholders No. of % (over 3%) Shares Market AIM Ticker EEE 120,375,062 Hargreaves Lansdown 18.74% Market Cap. £54 million* Group’s Cash Position £4.8 million** 95,950,901 Interactive Investor 14.94% Share Price 8.55p* Shares on Issue 642,264,810 Oberon Investments 51,
Slide 11: Board and Key Management
Board and Key Management Focused on discovery, development and value creation Neil O’Brien Phil Brumit Non-Executive Chairman Non-Executive Director Former SVP Exploration & New Business Development at Lundin Veteran mining engineer and operations expert, delivering major Mining (Retired 2018). Exte
Slide 12: Pitfield: A strategic, long life, source of supply
Pitfield: A strategic, long life, source of supply Significantly undervalued with numerous catalysts to drive a rerating in 2025 Giant scale, long life Pitfield is exceptional and capable of meeting future growth in world demand over a multi- generational timeline High-value high-purity Titanium met
Slide 13: Contact
info@empiremetals.com London: 6 Heddon Street, London W1B 4BT, UK Perth: 506A Hay Street, Subiaco WA 6008, Australia +44 (0) 20 4583 1440 www.empiremetals.com LON : EEE