Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Investor Presentation (February 2025)
22 slides from Sunrise Energy Metals's investor presentation, February 2025
Slide 1: Syerston Scandium Project
Syerston Scandium Project Building Scandium Valley February 2025
Slide 2: Cautionary statement
Cautionary statement Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, pe
Slide 3: Sunrise Energy Metals portfolio
Sunrise Energy Metals portfolio Sunrise Nickel-Cobalt Syerston Scandium Copper-Gold Exploration • Large, long-life, low-cost resource • Largest high-grade scandium (Sc) • Prospective copper-gold (Cu-Au) resource globally targets across the Cloncurry district • Permitted, engineered and covering 1,00
Slide 4: Scandium market
Scandium market xe sunrise energy metals
Slide 5: Scandium 101
Scandium 101 • Scandium (Sc) is the lightest transition metal and classified as a rare earth element (REE) - it is common in the earth’s crust, but at very low concentrations • Its distinct outer shell electron structure has a potent ability to transform the properties of other elements and compound
Slide 6: Global demand
Global demand • Solid oxide fuel cells remain the largest Global demand by application end-use application - steady growth driven (c. 50tpa Sc2O3Eq) primarily by Bloom Energy (CA), with 5% future potential in hydrogen electrolysers • Aluminium alloys are the largest use 20% case - automotive, marine
Slide 7: Global supply
Global supply Global supply by location • China’s share of global scandium supply exceeds that of almost all strategic metals, Primary including gallium, germanium, silicon and rare earths • China has actively pursued a vertical Refined Metal integration strategy to control supply and pricing into w
Slide 8: Primary scandium mine supply opportunity
Primary scandium mine supply opportunity Scandium Concentration in Raw Material Feed 100% • Most of the world’s scandium today Syerston Ore comes from China, where TiO2 pigment Waste reprocessing or 80% by-product is the major waste is reprocessed to extract low source of scandium today concentratio
Slide 9: Geopolitics drives the outlook for scandium
Geopolitics drives the outlook for scandium US trade announcements China’s supply response US tariffs may see increased scandium Scandium metal is on China’s list of prices for chemicals (Sc2O3 and ScF3) goods subject to export-restricted and metal (ingot and powder) licensing, as are scandium c
Slide 10: Syerston Scandium Project
Syerston Scandium Project 10
Slide 11: Syerston Scandium Project
Syerston Scandium Project Significantly advanced mining project with major milestones achieved, including key development permits, piloting and good community support 2025 Mineral Resource Estimate (MRE) to support an updated Feasibility Study for a scandium mine and processing facility in New South
Slide 12: Syerston Scandium Project: location and infrastructure
Syerston Scandium Project: location and infrastructure Granted Mining Lease (ML1770) adjacent to excellent road and rail infrastructure Water rights secured, electrical connection application submitted Freehold land rights surrounding the project are secured 12
Slide 13: Project site
Project site 13
Slide 14: Syerston Mineral Resource Estimate (MRE)
Syerston Mineral Resource Estimate (MRE) Syerston Mineral Resource Estimate (JORC 2012) • Resource estimate supported by 1,940 drill holes over 73,870 metres of drilling, including 47,817 assays Cut-off Class Mt (dry) Sc (ppm) Sc (t) Sc2O3 Eq (t)* 300 ppm Measured 5.3 436 2,299 3,518 • Deposit exten
Slide 15: Drilling campaign - 2Q25
Drilling campaign - 2Q25 • Whilst the MRE is supported by 73km of drilling, there Drill hole locations and distribution of resource classification remain areas of undrilled potential adjacent to zones of high-grade mineralisation • These zones justify further testing via a drilling campaign, schedul
Slide 16: Global scandium resources
Global scandium resources Contained Scandium in Mineral Resources and Grade 25,000 500 • The discovery of high-grade scandium-bearing 450 450 laterites in central-west NSW has provided the 20,000 401 400 world with its first district-scale opportunity to 390 develop primary mining sources of scandiu
Slide 17: Flow sheet supported by met test work and piloting
Flow sheet supported by met test work and piloting Option for metal production Syerston Scandium Flowsheet Syerston Pilot Plant • Conventional flow sheet comprising a milling circuit, autoclave for pressure acid leaching of ore, an ion exchange resin-in-pulp circuit and a multi-step purification pro
Slide 18: Developing a larger scandium market
Developing a larger scandium market • Our focus has been on development Scandium Effect on Yield Strength (MPa) 1 programs with partners that can With Sc Without Sc deliver high volume applications, ie. 350 8xxx 270 alloy focus in aerospace / transport 7xxx 689 3D-Printing • Higher volumes reduce un
Slide 19: Syerston Scandium Project catalysts
Syerston Scandium Project catalysts Delivered Upcoming Granted Mining Lease ❑ Commence drilling campaign on high- grade Sc zones (2Q25) Environmental Impact Statement completed ❑ Progress aluminium alloy development Water rights secured and pump testing work in the US and Japan (ongoing) completed ❑
Slide 20: Investment thesis
Investment thesis xe sunrise energy metals
Slide 21: Investment summary
Investment summary Unique asset • A large, high-grade source of mineable scandium • Amenable to shallow, low strip mining with decades of expandable resource available • Granted Mining Lease adjacent to excellent infrastructure Advanced and with • Piloting and metallurgical test work completed with
Slide 22: Corporate Investors
Corporate Investors Sam Riggall Craig Sainsbury +61 3 9797 6700 craig.sainsbury@automiocgroup.com.au
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