Metro Mining Limited · ASX:MMI

Metro Mining — H1 2023 Earnings Presentation

7 slides from Metro Mining's earnings presentation, Sep 4, 2023

  1. Slide 1: Half Year Results Webinar

    For personal use only Half Year Results Webinar September 2023

  2. Slide 2: Competent Person's Statement and Important Information

    COMPETENT PERSON’S STATEMENT Any information in this report that relates to the Bauxite Hills Mine Mineral Resource is based on information compiled by Ed Radley who is a consultant to Metro Mining and a Member of the Australian Institute of For personal use only Mining and Metallurgy (MAusIMM). Mr

  3. Slide 3: H1'23 Results Indicate Turnaround Complete

    H1’23 Results Indicate Turnaround complete • $12.7m turnaround in net year-on-year results For personal use only • At current production rates, unit costs and bauxite prices MMI is expecting to return to profitability in H2 2023 Site Costs ($/t) FOB Revenue ($/t) Site Margin ($/t) 31.1 41.1 9.0 35.3

  4. Slide 4: Australian Bauxite Price rising through H1'23

    Australian Bauxite Price rising through H1’23 Traded bauxite market conditions still firm with H1 bauxite imports at record  Although Chinese economy not recovering as fast as For personal use only expected, demand for aluminium is strong for renewables, batteries and EVS  Chinese H1’23 bauxite im

  5. Slide 5: Shipments on track for 4.5 to 5 Mt for 2023

    H1’23, subsequent shipments on track for 4.5 to 5 Mt for 2023 0.8 0.7  Production equipment in place For personal use only M WMT/mth 0.6 0.5  Haulage equipment delayed but now in place 0.4  Existing screens performing above expectation 0.3 0.2  BLF demonstrating upgrade capacity Apr-23 May-23 Ju

  6. Slide 6: Exciting time to invest in Metro

    Exciting time to invest in Metro Existing operations de-risked, market strong, expansion locked in  We have the Resource and Operating Mine  We have the People For personal use only High-grade 15+ year reserve from the renowned Dedicated local workforce including more than Weipa bauxite province.

  7. Slide 7: For Further Information Contact

    For personal use only For Further Information Contact: Investor Relations: Peter Taylor Peter@nwrcommunications.com.au Ph: +61 (0) 4120 3631 Company Secretary: Robin Bates info@metromining.com.au Ph: +61 (0) 7 3009 8000 Postal Address: GPO Box 10955, Brisbane QLD 4000

Metro Mining — H1 2023 Earnings Presentation on 6ix