Betolar Oyj · OMXHEX:BETOLAR
Betolar Oyj — Q3 2025 Earnings Presentation
18 slides from Betolar Oyj's earnings presentation, Oct 28, 2025
Slide 1: Transforming the World of Mining & Metals
BETOLAR Transforming The World of Mining & Metals
Slide 2: Strong Focus on Metal Extraction
Strong Focus on Metal Extraction Pilots underway with multiple industrial sidestreams Betolar Q3/2025 Business Review Helsinki, October 28, 2025
Slide 3: Disclaimer
3 Disclaimer Certain statements in this presentation may constitute forward-looking statements. These statements relate to future events or Betolar’s future financial performance that involve known and unknown risks, uncertainties and other factors that may cause Betolar’s or its businesses’ actual
Slide 4: Agenda
4 Agenda 1. Q3 in brief 2. Financial performance 3. Q&A Tuija Kalpala Mikko Wirkkala President & CEO CFO
Slide 5: Main events & after the period Q3/2025
5 Main events & after the period Q3 / 2025 01 02 03 04 05 Metal extraction New Customer: New partner: New Customer: New order related proof -of-concept Mandalay Resources Jetcrete Nordkalk to infrasturucture Focusing on commercializing Betolar delivers low - Betolar signs MOU and Betolar and Nordkal
Slide 6: Highlights Q3/2025
6 Highlights Market There is a strong demand for Betolar’s circular solutions in the mining sector such as our proprietary metal extraction, cementless paste backfill and shotcrete, supported by new agreements and partnerships with Anglo American and Nordkalk . These partnerships in Finland enable i
Slide 7: Mining & Metals
7 • We had customer pilots for low -carbon and cement -free solutions, incl. shotcrete and cementless rockfill, with projects in Canada and Australia to meet growing demand for sustainable Mining & mining practices • We started the Anglo American’s Metals Sakatti mine project to explore Betolar’s me
Slide 8: Industrial Sidestreams
8 • Sales of ground granulated blast furnace slag (GGBFS) in the Indian market continued to grow Industrial • Betolar received its first GGBFS order in Finland Sidestreams • New industrial sidestream research projects were launched including a joint research project with Nordkalk with the aim of inc
Slide 9: Construction
9 • Betolar launched its new Optimize service and delivered Construction its first concrete mix optimisation project, achieving 6% cost savings and a 15% reduction in carbon footprint. • New customer pilots in concrete product and element manufacturing in the Middle East and North America • Focus on
Slide 10: Customer Case: Jetcrete
11 Customer Case: Jetcrete Betolar and Jetcrete advances low - carbon shotcrete use in Australia Betolar and Jetcrete have signed a Memorandum of Understanding (MoU) to fast -track the commercialization of low - carbon shotcrete solutions in the Australian mining industry. • Focus on Betolar’s two k
Slide 11: Customer Case: Nordkalk
12 Customer Case: Nordkalk Partnership to commercialize tailings -based circular calcite Betolar and Nordkalk have launched a collaboration to develop and commercialize tailings -based circular calcite from Nordkalk’s Lappeenranta site. The goal is to transform tailing-based circular calcite into su
Slide 12: Customer Case: Mandalay Resources
13 Customer Case: Mandalay Resources Betolar develops low -carbon mining solution for Mandalay Resources Betolar and Mandalay Resources have signed a commercial agreement to develop a cementless rockfill solution for the Costerfield gold -antimony mine in Australia - one of the world’s top mining re
Slide 13: Financial review
14 Financial review Mikko Wirkkala CFO
Slide 14: Financial and operational Indicators
15 Financial and operational Indicators Financial indicators 7-9/2025 7-9/2024 1-9/2025 1-9/2024 2024 (EUR thousand, unless otherwise specified) Net sales 218 276 635 551 762 EBITDA -969 -974 -3,092 -4,623 -5,816 Cash and cash equivalents and short -term fund 7,422 10,748 7,422 10,748 8,987 investme
Slide 15: Financial position and outlook
16 Financial position and outlook • Cash Balance € 7.4 million at the end of the period • € 2.1million remaining of Business Finland’s grant and other grants • Liquidity and undrawn grants amount to € 9.6 million, combining cash and outstanding grants Guidance for year 2025 unchanged • Net sales for
Slide 16: BETOLAR
BETOLAR
Slide 17: Thank you for your interest!
Thank you for your interest! Next events: → 5 February 2026: Financial statements release for the year 2025 → 23 April, 2026: Business Review Q1/2026
Slide 18: Transforming the World of Mining & Metals
BETOLAR Transforming The World of Mining & Metals