Fortuna Metals Limited · ASX:FUN
Fortuna Metals — Investor Presentation (March 2026)
15 slides from Fortuna Metals's investor presentation, Mar 30, 2026
Slide 1: Titanium: Discovery to Developer
:FUN March 2026 TITANIUM Discovery to Developer TITANIUM: the metal of tomorrow
Slide 2: Important Information
Important Information Corporate Presentation Technical Information Forward-looking statements are subject to known and Readers are cautioned that the foregoing list is not The information in this document that relates to This presentation includes disclosure of scientific and unknown risks, uncertai
Slide 3: Executive Summary
SUPPLY IN STRUCTURAL DECLINE Global natural rutile output is forecast to fall MALAWI Executive ~44% from 2017's peak of ~800,000 tpa. Kenya permanently closed Dec 2024; Australia curtailed production in 2025. The market tightening is EAST AFRICA Summary structural, not cyclical. Increasing demand fo
Slide 4: Mkanda Malawi Titanium Opportunity
Mkanda Malawi Titanium Opportunity : FUN Explorer focus with developer mindset - major discovery made already Total 658km2 - significant land position and upside for further discoveries ~20km south of Sovereign Metal Limited’s (ASX:SVM) Kasiya rutile-graphite project Kasiya is the world’s largest ru
Slide 5: Titanium: Superior Properties for Advanced Industries
: FUN 45% LIGHTER THAN STEEL Titanium Titanium alloys can be three to five times Superior Properties for stronger than F22 RAPTOR IPHONE 15 PRO Advanced Industries stainless steel 40% titanium by weight Titanium exterior frame ~9000lb 2X as strong (tensile) STRENGTH-TO- CORROSION MICRO ALLOY STEEL &
Slide 6: Natural Rutile
: FUN Natural Rutile TIO2 (TITANIUM DIOXIDE) Benefits > Syn Rutile The highest-purity titanium feedstock ⟶ rutile titanium sponge & metal for highest spec aerospace industry Syn rutile is pre treated hi titanium material (ilmenite & leucoxene) that is heated/leached to remove most impurities prior t
Slide 7: Driver of Humanoid Robots
Driver of Humanoid Robots Titanium is the backbone of high-performance humanoid robotics, particularly within the servos —the "joints" and "muscles" that drive movement. In these compact motors, titanium is often considered irreplaceable, offering unrivaled strength-to-weight ratio. Yicai Global / C
Slide 8: Metals Needed for Unlocking the Robot Revolution
Metals Needed for Unlocking the 200x times current 10,000,000,000 global annual titanium production Humanoid Robots Robot Revolution Note: current demand forecasts does not factor potential Humanoid market TITANIUM 200x MAGNETS 186x NdFeB LIITHIUM 14x GRAPHITE 13x Elon Musk “10 billion humanoid robo
Slide 9: Malawi: Exceptional Titanium Rutile Potential
Malawi : FUN EXCEPTIONAL TITANIUM RUTILE POTENTIAL Excellent Country Manager Cost advantage and scalability Geologist, engineers, environmental & Capital city of Lilongwe 30km to govt relations. Malawi - safe and stable project area accessed by bitumen jurisdiction roads & extensive road network acr
Slide 10: Mkanda Malawi Titanium
Mkanda Malawi Titanium Major rutile discovery over ~18km² - still open Best results of*; 10m @ 1.66% rutile, (MHA0023) ended in 1.59% rutile mineralisation 10m @ 1.62% rutile (MHA0050) ended in 2.15% rutile mineralisation 10m @ 1.32% rutile, (MHA0020) ended in 1.87% rutile mineralisation 9m @ 1.30%
Slide 11: Mkanda Malawi Titanium
Mkanda Malawi Titanium Early stage exploration - asymmetric value with low discovery risk Multiple broader rutile anomalies that cover a total of approximately 37km² - large areas with resource potential Scarce commodity (natural rutile high grade titanium feedstock) Tier-1 scale potential (globally
Slide 12: Workflow Achieved
Workflow Achieved : FUN as of March 2026 Acquisition announced - 11 High grade rutile discovery CAPITAL STRUCTURE September 2025 Market Cap (Undiluted) ($0.073)** ~$18.06M Expanded technical team to drive Site visit and setting up in-country project through resource and Shares on Issue 283,412,271 e
Slide 13: Workflow Key Catalysts
Workflow Key Catalysts WORK STREAM & Q1 2026 Q2 2026 Q3 2026 Q4 2026 H1 2027 H2 2027 CATALYST Assays Hand Auger 2025 (Titanium, Graphite & HREE) Bulk Metallurgical Sample Exploration Target In country Laboratory Bulk Met Sample Testwork Titanium Specification & Qualification Resource Hand Auger Tita
Slide 14: Board & Management
Board & Management Consultants : FUN Assembling a mineral sands team that can deliver HILTON BANDA Country Manager Akatswiri Resources TOM LANGLEY Chief Executive Officer Geological consultancy with strong government and industry relations in Malawi Geologist 14 years in multi-commodity exploration
Slide 15: Mkanda: The Titanium Opportunity in Malawi
:FUN March 2026 Mkanda The Titanium Opportunity in Malawi Rutile Discovery to Developer For more information Tom Langley Peter Pawlowitsch Chief Executive Officer Chairman tom@fortunametals.com.au Peter@gyoen.com.au