Aurelia Metals Limited · ASX:AMI
Aurelia Metals — FY2025 Earnings Presentation
15 slides from Aurelia Metals's earnings presentation, Aug 26, 2025
Slide 1: Full Year 2025 Financial Results
FULL YEAR 2025 FINANCIAL RESULTS 26 August 2025 ASX Code: AMI
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation has been prepared by Aurelia Metals Limited (‘AMI’ or the ‘Company’). It should not By its very nature, production and exploration for gold and base metals is a high risk business and is be considered as an offer or invitation to subscribe for or purchase
Slide 3: A Year of Delivering Our Growth
A YEAR OF DELIVERING OUR GROWTH Operational performance delivers a strong profit Federation production commenced and now ramping up Great Cobar project approved and in execution Peak Plant Optimisation projects Board approved and in execution Progressed exploration targets at Federation and Nymagee
Slide 4: FY25 Highlights
FY25 HIGHLIGHTS $121.9M 35.5% EBITDA EBITDA Margin $48.9M $2,024/oz Net Profit after Tax AISC Margin 54% $110.1M Cash and no Reduction in TRIFR drawn debt 2025 FULL YEAR FINANCIAL RESULTS | 26 AUGUST 2025 | PAGE 4
Slide 5: Sustainability Delivering Value
SUSTAINABILITY DELIVERING VALUE 12.79 54% Reduction 5.93 in TRIFR1 June 2024 June 2025 0.8 Zero reportable environmental incidents in FY252 0 June 2024 June 2025 Extensive community engagement Opened Cobar Community Hub Local procurement of $88M and donations of $237K 1. Aurelia’s safety compliance
Slide 6: Production Guidance Achieved
PRODUCTION GUIDANCE ACHIEVED Gold Production (koz) Copper Production (kt) 40 - 50 2.5 – 3.5 45.4 ✓ 2.7 ✓ FY25 Guidance FY25 Actual FY25 Guidance FY25 Actual Zinc Production (kt) Lead Production (kt) 14 - 20 13 - 19 16.8 ✓ 15.7 ✓ FY25 Guidance FY25 Actual FY25 Guidance FY25 Actual 2025 FULL YEAR FINA
Slide 7: Improved Profitability and Margins
IMPROVED PROFITABILITY AND MARGINS EBITDA ($M) Net Profit after Tax ($M) 121.9 48.9 72.1 (5.7) FY24 FY25 FY24 FY25 Group AISC Margin ($/oz) FY25 Revenue Mix Copper $46M 2,024 1,136 Lead $48M Total: Gold & 2,035 2,037 $343M Silver Zinc $197M $52M FY24 FY25 AISC AISC Margin 2025 FULL YEAR FINANCIAL RE
Slide 8: Balance Sheet Strength Maintained in FY25
BALANCE SHEET STRENGTH MAINTAINED IN FY25 Cash flow from operations funded all 103.4 growth expenditure Group cash A$M1 Peak operating cash flow materially ~36 ~146 higher at $95.9M (71.6) (FY24: $37.4M) (12.3) 116.5 (8.5) 110.1 (17.5) Growth capital commitments lower from FY26 onwards Debt facility
Slide 9: Pathway to ~40kt Cu Equiv Production in FY28
PATHWAY TO ~40KT1 CU EQUIV PRODUCTION IN FY28 With processing capacity available to increase beyond 50ktpa through growth options Great Cobar Clear pathway to ~40kt copper production (commences FY28) equivalent production in FY28 Federation ramp up and Peak Plant optimisation Base metals dominant re
Slide 10: Great Cobar Project
GREAT COBAR PROJECT1 Twin decline from Jubilee. Development commenced July 2025 Targeting 500ktpa mining rate from FY30 Production target: 3.6Mt @ 2.3% Cu, 0.9% Au2 33% IRR post tax at spot prices $164M post tax NPV8 at spot prices Capital cost of $92M. Able to be internally funded Upside potential
Slide 11: Process Plant Upgrades Underway
PROCESS PLANT UPGRADES UNDERWAY Deliver our processing target of 1.1 - 1.2Mtpa Tailings and process water management • Improves copper and zinc recovery, reduced cyanide consumption • Capital of $9.6M, commissioning in Q4 FY26 Tertiary ball mill • Improves copper recoveries • Repurpose ball mill fro
Slide 12: Exploration
EXPLORATION Federation West • Discovered in April 2024 – FDD215 – 4.6m @ 33.9% Zn, 20.3% Pb, 1.6% Cu, 0.9g/t Au & 38g/t Ag1 • Additional lens recently discovered – FDD222 – 3.0m @ 25.3% Zn, 11.0% Pb, 0.2% Cu, 0.3g/t Au & 54g/t Ag3 • FY26 drilling to test for additional lenses Nymagee • Significant m
Slide 13: Key Focus Areas for FY26
KEY FOCUS AREAS FOR FY26 Increase cash flow from gold and base metal production and develop copper growth options Disciplined capital allocation to retain strong cash balance Safely deliver improved productivity from our operations to maximise operating cash flow to fund growth Safely ramping up Fed
Slide 14: Contact
CONTACT T: +61 7 3180 5000 E: office@aureliametals.com.au Level 17, 144 Edward Street BRISBANE QLD 4000 GPO Box 7 BRISBANE QLD 4001 aureliametals.com
Slide 15: Appendix 1: Group Financial Result Detail
APPENDIX 1: GROUP FINANCIAL RESULT DETAIL Group output Units FY25 FY24 % change EBITDA – statutory $M 121.9 72.1 69 EBITDA – underlying $M 120.9 81.0 49 EBITDA Margin - statutory % 35.5 23.3 52 EBITDA Margin - underlying % 35.2 26.1 35 Net Profit/(Loss) After Tax – statutory $M 48.9 (5.7) 952 Net Pr