Alien Metals Ltd · LSE:UFO
Alien Metals — Investor Presentation (January 2025)
36 slides from Alien Metals's investor presentation, January 2025
Slide 1: Exploration & Development Assets in World Class West Australian Pilbara Region
EXPLORATION & DEVELOPMENT ASSETS IN WORLD CLASS WEST AUSTRALIAN PILBARA REGION INVESTOR WEBINAR JANUARY 2025
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT The information in this presentation (the “Presentation”) relating to Alien Metals Ltd (the “Company”) has been prepared by the Company and may be subject to material updates, revision and further amendment. This Presentation is not a prospectus or an admissi
Slide 3: The Investment Opportunity
THE INVESTMENT OPPORTUNITY A diversified project developer in a tier 1 Pilbara mining jurisdiction HANCOCK PROJECT – Fe (90%) • Medium-term production of high-grade DSO Iron Ore at a sustainable ~1.25mtpa at Hancock • Simple, low-cost, high-grade DSO grading 60%+ • Mineral Resource 8.4Mt @ 60.20% Fe
Slide 4: Board and Executive Management
BOARD AND EXECUTIVE MANAGEMENT Recognised Experts with a proven track record of delivery GUY ROBERTSON ROBERT MOSIG ELIZABETH HENSON ALWYN VORSTER CHAIRMAN NON –EXECUTIVE TECHNICAL DIRECTOR INDEPENDENT NON-EXECUTIVE DIRECTOR TECHNICAL ADVISER Guy has 40+ years corporate and mining Rob was the foundi
Slide 5: Alien's Near Term Value Drivers
ALIEN’S NEAR TERM VALUE DRIVERS Investor leverage to future exploration success and multiple commodities Multi-Commodity Exposure Ag, Cu-Ni-PGM, Iron Ore and Lithium JV funding - dilution minimised Pinderi Hills Lithium (50% Alien SUBSTANTIAL EXPLORATION AND 50% Errawarra) DEVELOPMENT UPSIDE POTENTI
Slide 6: Key Milestones in 2024
KEY MILESTONES IN 2024 Progress made in 2024 sets Alien up for success in 2025 Hancock Iron Ore Development Study results Hancock Mining Lease Granted – 21 years and execution of Heritage Agreements with the traditional owners, KNAC* Ethnographic survey of heritage sites close to proposed mining are
Slide 7: Iron Ore
IRON ORE WESTERN AUSTRALIA AIM:UFO | 7
Slide 8: Iron Ore Company of Australia
IRON ORE COMPANY OF AUSTRALIA IOCA 100% owned by Alien, A Future Iron Ore Miner HANCOCK IRON ORE PROJECT A Future Mine - In The Heart Of The Best Iron Ore Country In The World • 17km from Newman, a major BHP/ RIO mining hub • 412km from the deep-water Port of Port Hedland by road • Potential for low
Slide 9: Hancock Project
HANCOCK PROJECT A future iron ore mine • Surrounded by multiple world class deposits • Achievements to date: ✓ Project Mining Agreement executed with Traditional Owners and Miscellaneous Licence granted enabling site infrastructure access. ✓ Miscellaneous License granted enabling site accessing infr
Slide 10: Hancock Project
HANCOCK PROJECT Expanding iron ore footprint, significant upside, simple operation • Total JORC Resource: 8.4Mt @ 60.20%Fe • Mining Inventory: 3.9Mt @ 58.5%Fe (includes Ore Reserves of 1.9Mt @ 60.2%Fe • IOCA has a total strategic landholding of over 75km2 (7,565 hectares) at Hancock Project • Develo
Slide 11: Hancock West Project
HANCOCK WEST PROJECT New iron ore target next door with significant exploration upside • Mallina Target, west of Hancock Mining Lease Application ▪ Target identified - underlying stratigraphy is a classic host for further iron ore deposits to Sirius Deposit 100mt + 60% Fe be located (Minres/Brockman
Slide 12: Ni-PGM & Silver
Ni-PGM & SILVER WESTERN AUSTRALIA AIM:UFO | 12
Slide 13: Silver, Palladium & Platinum
SILVER, PALLADIUM & PLATINUM 12-month commodity price performance as at 21 January 2025 Silver Price ($US/oz) Palladium and Platinum Price $US/oz 40 1,200 35 30 1,000 25 800 Platinum: US$945, +3.2% 20 Palladium: US$938, -2.6% 600 Silver: $US30.26, +30% 15 400 10 Platinum ($/oz) Palladium ($/oz) 5 20
Slide 14: Pinderi Hills Project Area
PINDERI HILLS PROJECT AREA A Unique, Compelling Multi-commodity and Multi-target Project, Li, Ni, Cu, PGE’s and Gold AIM:UFO | 14
Slide 15: Pinderi Hills
PINDERI HILLS Multiple Li-Ni-PGE’s and Gold targets found (180km2) • First time in 30 years the Munni Munni and Elizabeth Hill projects and the surrounding area (Pinderi Hills) have been consolidated into a single coherent tenement • Previously tenement holdings were bifurcated and unable to realise
Slide 16: Munni Munni Complex
MUNNI MUNNI COMPLEX World Class District potential for a major Ni-Cu-PGE Discovery • Strategic 180km2 tenement area within the high- Pilbara Craton – Munni Munni Complex priority Munni Munni Complex (100%) • Alien’s Mineral Resources include PGM and Silver • Geoscience Australia defined the Munni Mu
Slide 17: Pinderi Hills Exploration Program
PINDERI HILLS EXPLORATION PROGRAM Exploration commenced in Q4 2024 with initial results in expected in Q1 2025 • Initial works involve ground geophysics, downhole geophysics, soil sampling and detailed geological interpretation over two key high-grade areas of the Munni Munni +2Moz PGM resource. • 1
Slide 18: Ni-Cu-PGM & Silver
Ni-Cu-PGM & Silver The right minerals, the right time, the untapped potential, the time to progress is now PINDERI HILLS (NI, CU AND PGM’S) ELIZABETH HILL (AG) One of the largest underexplored precious metals deposits in Australia Historically one of Australia’s highest grade silver mines • Historic
Slide 19: Lithium
LITHIUM WESTERN AUSTRALIA AIM:UFO | 19
Slide 20: Pinderi Hills, Munni Munni and Elizabeth Hill
PINDERI HILLS, MUNNI MUNNI AND ELIZABETH HILL New World Class Lithium District • Lithium exploration accelerated following Azure Minerals’ major 100mt Lithium Oxide discovery • Azure’s 60% of Andover was valued at $1.7bn following the acquisition by Sociedad Química y Minera de Chile S.A. and Hancoc
Slide 21: Investment Case
INVESTMENT CASE AIM:UFO | 21
Slide 22: Outlook for 2025
OUTLOOK FOR 2025 Multiple upcoming milestones for value uplift in 2025 ❑ Strategic Funding options ongoing Hancock Iron Ore Project ❑ ❑ Exploration Ongoing approvals ❑ Granting of Hancock West / Mallina ❑ Joint Venture assessment of proposals Pinderi Hills ❑ Exploration drilling ❑ Resource Update ❑
Slide 23: Why Alien?
WHY ALIEN? Undervalued, diversified portfolio of key metals in a Tier 1 jurisdiction Hancock Iron Ore Project expected to significantly increase in potential resource Simple build, low cost and medium-term iron ore production and revenue Pinderi Hills – A renewed focus on exploration and development
Slide 24: Appendix
APPENDIX “The Karratha Queen” Largest native silver nugget 145kg from Elizabeth Hill, at The Perth Mint
Slide 25: Corporate Snapshot
CORPORATE SNAPSHOT Development in the right place CAPITALISATION DATA 21/01/2025 MONTHLY SHARE PRICE Shares on Issue 7.51bn GBp/share Volume (M) 0.250 400 Options1 691m Warrants2 78.8m 350 0.200 Share Price 0.085p 300 Market Cap £6.4m 250 0.150 Avg. Daily Volume 29m 200 0.100 150 SHAREHOLDERS 100 0.
Slide 26: Why Iron Ore
WHY IRON ORE Iron Ore Prices supported by global growth and Chinese stimulus Iron Ore 62% Fe 12 Month Price Chart • Iron Ore price remains stable • A series of fiscal and monetary policy announcements were made since September to consolidate economic growth around 5% in 2024 and 2025 and soften the
Slide 27: Why Silver
WHY SILVER Leveraged play on gold • Monetary value and store of wealth • Highest electrical and thermal Electrical (21% Photovoltaics conductivity of all metals of demand*) (19% of demand) A safe Portfolio Hedge against • The best reflector of visible light haven in diversification inflation times o
Slide 28: Silver Statistics
SILVER STATISTICS Key statistics / Supply & Demand ~1,220moz annual Industrial applications: Deficit Electronics solar medicine water consumption purification window manufacturing Cumulative deficit of 543Moz 2021 – 2023 Silver price 182Moz estimated for 20241 ~830moz annual mine production US$31 (Y
Slide 29: Why Platinum Group Metals
WHY PLATINUM GROUP METALS Alien highly leveraged to PGM’s • PGMs have been listed on the EU Critical Raw 1998 Materials since 2021 • WPIC research indicates the platinum market entering a period of consecutive deficits from 2023 • Platinum is a critical mineral in the global energy transition underp
Slide 30: Why Palladium
WHY PALLADIUM Battery electric vehicle adoption has reached a plateau and hybrid EV sales are growing rapidly • Western car manufacturers are scaling back their Battery Electric Vehicle growth ambitions, and Global Light Vehicle Sales scaling up hybrid production to meet changing consumer preference
Slide 31: Hancock Project Reserves and Resources
HANCOCK PROJECT Reserves and Resources Average Value Mass Classification Category Prospect (million tonnes) Fe % SiO2 % Al2O3 % P% LOI % Mn % Sirius Extension 2.8 59.8 3.9 4.09 0.17 5.4 0.05 Indicated Ridge C 0.7 60.9 4.9 3.27 0.12 3.7 0.03 Ridge E 1.0 61.0 5.2 3.30 0.12 3.4 0.02 Sub Total - Indicat
Slide 32: Hancock Project Development Study Economics & Demonstrated Upside
HANCOCK PROJECT Development Study Economics & Demonstrated Upside • Shifting from immediate development to expansion of the Hancock Project via exploration • Base Case assumes ▪ Mine rate of 1.25 million tonnes per annum over 6 years ▪ Near 1:2.2 Strip Ratio on Ridge orebodies and 1:0.8 on Sirius Ex
Slide 33: Pinderi Hills - Elizabeth Hill
PINDERI HILLS - ELIZABETH HILL Poised to reclaim its crown as Australia’s highest-grade Silver Mine • Re-interpretation of Elizabeth Hill geological model extended area of known mineralisation demonstrate potential for a high-grade bulk tonne silver rich polymetallic orebody at Elizabeth Hill. • Exp
Slide 34: Pinderi Hills - Elizabeth Hill Geological Review
PINDERI HILLS - ELIZABETH HILL Geological Review REINTERPRETATION OF PREVIOUS DRILL RESULTS • Re-examination & reinterpretation of EH data has demonstrated a far larger high-grade/high-volume mineralised envelope. • Re-analysis of historical drilling located within the newly identified mineralised e
Slide 35: Pinderi Hills
PINDERI HILLS Walk up drill targets Geochemical soil sampling Sub-audio magnetic (SAM) surveying Known walk up drill targets
Slide 36: Contact Information
CONTACT INFORMATION Guy Robertson Chairman Email: gr@alienmetals.uk AIM: UFO Frankfurt: I3A1 OTC: ASLRF @AlienMetals linkedin.com/alienmetals