Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Investor Presentation (October 2025)
21 slides from Sunrise Energy Metals's investor presentation, October 2025
Slide 1: Syerston Scandium Project
Syerston Scandium Project Building the world’s first primary source of scandium supply October 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 Syerston Scandium Sunrise Nickel-Cobalt Exploration • A unique, high-grade resource • Large, long-life, project that is • Prospective copper-gold (Cu-Au) supporting decades of supply permitted, engineered and targets across the Cloncurry district development-ready cov
Slide 4: Scandium
= € sunrise Scandium
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 (c. 20ppm) • It can transform the properties of other elements and compounds, especially as an alloy in aluminium and in piez
Slide 6: Global demand – dominated by the United States
Global demand – dominated by the United States • Solid oxide fuel cells: the largest end-use Global demand by application market today - growth driven primarily by (c. 50tpa Sc2O3Eq) Bloom Energy Inc and off-grid power 5% generation for AI / server farm build-outs. 20% • Aluminium alloys: the larges
Slide 7: Global supply – dominated by China
Global supply – dominated by China 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 supp
Slide 8: The scandium supply landscape
The scandium supply landscape Scandium Concentration in Raw Material Feed 100% • The problem: Industry cost and Syerston Ore scalability has been constrained by the Waste reprocessing or nature of existing supply options: waste by-product is the major 80% processing and by-product source of scandium
Slide 9: New trade and export controls on scandium
New trade and export controls on scandium A new US trade landscape China’s response US trade policies have rapidly increased the In April 2025 MOFCOM declared scandium a landed cost of scandium in the US: ‘dual-use item’ under the new Dual Use Items Export Control Regulations (ECR), new tariffs on
Slide 10: Syerston Scandium Project
Syerston Scandium Project 10
Slide 11: Investment thesis
Investment thesis High-grade, shallow resource Key permits secured and excellent Targeting low start-up capital supporting decades of production community support and with options for expansion Focus on strategic technology Development partnerships and US EXIM Bank indication of and defense markets
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 Environmental Impact Statement approved and Development Consent granted Water rights secured, electrical connection application submitted Sunrise owns the freehold
Slide 13: Project site
Project site > sunrise
Slide 14: Mineral Resource Estimate
Mineral Resource Estimate Drill hole locations and distribution of resource classification at 300ppm cut-off • The Mineral Resource Estimate is supported by over 2,000 drill holes and almost 50,000 mineral assays • Deposit extends 4.5 km (north-south) by 4.2 km (east- west), with the high-grade zone
Slide 15: Syerston Scandium Mineral Resource Estimate (MRE)
Syerston Scandium Mineral Resource Estimate (MRE) Syerston Mineral Resource Estimate (JORC 2012) Note: Scandium tonnes multiplied by 1.53 to convert to Sc2O3. Refer to the Company’s ASX announcement of 9 September 2025 for further details on the Mineral Resource Estimate and 15 the Competent Person’
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 446 450 laterites in central-west NSW has provided the 20,000 408 405 400 world with its first district-scale opportunity to 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 crushing circuit, an autoclave to leach the ore, a resin-in-pulp circuit to extract the scandium and a refinery (precipitation and ca
Slide 18: Development initiatives
Development initiatives • The value-in-use case for scandium Scandium Effect on Yield Strength (MPa)1 is well understood by industry With Sc Without Sc 8xxx 350 • Our development programs focus on 270 partners that can deliver high volume 7xxx 689 3D-Printing applications, ie. alloy focus in 649 aer
Slide 19: Deliverables
Deliverables Delivered In progress Granted Mining Lease Finalise updated resource estimate, mine plan and DFS (3Q25) Environmental Impact Statement completed and Development Consent Progress aluminium alloy development granted work in the US and Japan (ongoing) Water rights secured and pump test
Slide 20: Corporate / Investors contacts
Corporate Investors Sam Riggall Craig Sainsbury +61 3 9797 6700 craig.sainsbury@automiocgroup.com.au
Slide 21: Project comparison information – Mineral Resources
Project comparison information – Mineral Resources Appendix Company Project Ownership Status Source Measured / M&I (t) Inferred (t) Sc (t) Indicated (t) Sunrise Energy Feasibility M : 5.1 Syerston 100% https://www.sunriseem.com/investors/asx-announcements/ 45.9 5.73 21,077 Metals Study I : 40.8 Feas
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