Australian Mines Limited · ASX:AUZ
Australian Mines — Investor Presentation (April 2026)
12 slides from Australian Mines's investor presentation, April 2026
Slide 1: Flemington Scandium Project
Flemington Scandium Project PREMIER LOCATION, ADVANCING TOWARD DEVELOPMENT Investor Presentation April 2026 | ASX:AUZ
Slide 2: Disclaimer
Disclaimer This document may contain forward-looking statements. Forward-looking statements can generally be identified by the use of words such as “expect”, “anticipate”, “likely”, “intend”, “should”, “could”, “may”, “predict”, “plan”, “propose”, “will”, “believe”, “forecast”, “estimate”, “target”,
Slide 3: Why Flemington Stands Out?
Why Flemington Stands Out? Location in the heartland of NSW Scandium district Within the same intrusive system as SRL’s Syerston Geology Project Mining laterite hosted, surface, low strip and free digging one of a limited number of projects in the district Grade with a meaningful resource at a 300 p
Slide 4: Located Within the same Scandium System as Syerston
Located Within the same Scandium System as Syerston Contiguous to Sunrise Energy Metals Limited (SRL) $1.3Bn2 Nyngan Syerston project (SCY:TSX-V) Burra (RIO.ASX) • Same scandium-rich laterite geological setting • Located within a proven Flemington New South Wales Syerston (SRL.ASX) scandium distric
Slide 5: High-Grade Core with Scale Optionality
High-Grade Core with Scale Optionality High grade consistent core Broader inventory of Nickel and Additional drilling of 6.3mt@ 446ppm Sc 28Mt @ 217 ppm Sc3 cobalt credits results pending Flemington Flemington +536,000E +536,500E +537,000E +537,500E Scandium (ppm) 450 400 February 2026 Drillin
Slide 6: Limited Number of High-Grade Scandium Projects Globally
Limited Number of High-Grade Scandium Projects Globally High-Grade Resource Grade (Sc) Cut-off Project Resource Grade (Sc) Cut-off Projects Syerston4 51.7 Mt 408 ppm 300 ppm Crater Lake6 37.2 Mt 275 ppm C$205.54/t NSR Burra5 35.6 Mt 405 ppm 300 ppm Nyngan7 16.9 Mt 235 ppm 100 ppm Flemington 6.3 Mt 4
Slide 7: In scandium, grade—not size—drives economics
In scandium, grade—not size—drives economics 500 Indicative Scandium Resource Grade (ppm) High-grade primary Higher-grade supply – minimised 400 primary supply – unit cost Lower unit cost Dependent on host Lower-grade commodity; less primary supply - flexible and Higher unit cost Lower Unit Costs 30
Slide 8: In a Niche Metal Market, Grade and Flexibility Matter More Than Sheer Size
In a Niche Metal Market, Grade and Flexibility Matter More Than Sheer Size Scandium Demand Strategy • Current scandium oxide demand is estimated at Why This Matters: Supporting the Demand16 50–60 tpa,14 • Niche markets favour grade, • Sc-doped metal hydride has flexibility and secure supply • SRL
Slide 9: Flemington — Positioned to Drive Shareholder Value
Flemington — Positioned to Drive Shareholder Value Shareholder Value Why Invest in AUZ Quality Asset Direct Exposure to High-Grade Scandium • High-grade core: 6.3 Mt @ 446 ppm Sc • Lower market cap. entry point relative to SRL • Well positioned within the 300ppm cut-off premier peer • Burra not inve
Slide 10: Corporate Overview
Corporate Overview Lawyer, 30 years’ experience as a corporate advisor. Managing Michael Director of Terrain Capital Limited (Australia). Previous roles at Ramsden Chairman CIBC (Australia), JP Morgan and Scandinavian Pacific Corporate Snapshot BEc, LLB, FFIN Investments Limited, D&D Tolhurst Ltd an
Slide 11: References
References 1. Australian Mines Limited, ASX Announcement, 8 January 2025 – Flemington Mineral Resource Estimate.. Measured 3.12 Mt @ 455 ppm, Indicated 3.02 Mt @ 408 ppm, Inferred 0.15 Mt @ 371 ppm; total 6.3 Mt @ 446 ppm 2. Sunrise Energy Metals Limited, market capitalization, approximately A$1.3 b
Slide 12: ASX Cautionary and Compliance Statements
ASX Cautionary and Compliance Statements Competent Person Statement The information in this presentation that relates to Exploration Results and Mineral Resources is based on, and fairly represents, information compiled by Competent Persons as defined in the 2012 Edition of the Australasian Code for
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