West Cobar Metals Ltd. · ASX:WC1

West Cobar Metals — Investor Presentation (July 2026)

10 slides from West Cobar Metals's investor presentation, July 2026

  1. Slide 1: Scandium at the Salazar Project

    I N V E S T O R P R E S E N TAT I O N Scandium at the Salazar Project West Cobar Metals Ltd ASX: WC1 July 2026 ASX | WC1 1

  2. Slide 2: Disclaimer

    Disclaimer This document has been prepared by West Cobar Metals Ltd (“West Cobar”) in connection with providing an overview of Compliance Statement - The Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore its business to interested parties/analysts/investors. This pres

  3. Slide 3: Investment Proposition

    W ES T C O B A R M E TA L S Investment Proposition The Salazar Project hosts an Inferred Mineral Resource of 15 Mt @ 153 ppm Sc₂O₃,1 for 2,300t contained Sc₂O3 Shallow, saprolite hosted scandium mineralisation occurs from or near surface. Includes internal higher-grade intersections of up to 3m at 6

  4. Slide 4: Why Scandium Matters

    SALAZAR PROJECT Scandium in the news recently Why Scandium Matters Listed as a Critical Mineral by Australia, USA, EU Essential for solid oxide fuel cells – increasingly used to power data centres required for AI growth Also critical for high-strength aluminium alloys, defence, aerospace and energy

  5. Slide 5: Salazar Critical Minerals Project

    WESTERN AUSTRALIA Salazar Critical Minerals Project Significant tenement area over uninhabited, undeveloped non-agricultural state land 120km from Esperance in Western Australia, a major regional centre with deep-water port, rail and air services Highly scalable flow sheet with potential to minimise

  6. Slide 6: Scandium at Newmont

    SALAZAR PROJECT Scandium at Newmont Maiden JORC (2012) Mineral Resource Estimate* Cut-off Saprolite Tonnes Sc2O3 TREO TiO2 Category Ti % (Sc ppm) Zone (Mt) ppm ppm % Inferred TREO>=600 11 155 1,510 3.31 5.52 75 Inferred TREO<600 4 149 456 2.45 4.09 Total 15 153 915 3.05 5.08 High grade zones have be

  7. Slide 7: Potential for Low-cost Recovery

    SALAZAR PROJECT Potential for Low-cost Recovery Metallurgical testwork provides support for a potential low-cost scandium pathway for Salazar Aluminium-scandium alloys are used in aerospace structures to reduce weight and increase strength Salazar mineralisation may offer processing advantages over

  8. Slide 8: Phased Forward Plan

    SALAZAR PROJECT Phased Forward Plan PHASE PHASE PHASE PHASE 1 2 3 4 Resource Metallurgical Scoping Study Strategic Expansion Testwork Partnerships Targeted drilling of high- Scandium recovery Multi-commodity Alloy manufacturers grade scandium zones testwork economics SOFC developers Updated scandium

  9. Slide 9: Corporate Snapshot

    W ES T C O B A R M E TA L S Corporate Snapshot Capital Structure Share Price & Volume Total number of shares currently on issue 415,922,838 Options on issue 113,176,515 Performance Rights on issue 10,000,000 Share Price (at 28 July 2026) $0.013 Market Cap (undiluted) $5.4m Cash Balance (at 30 June 2

  10. Slide 10: Contact

    C O N TA C T Matt Szwedzicki | Managing Director ms@westcobarmetals.com.au +61 9287 4600 Luke Forrestal | GRA Partners Luke.forrestal@grapartners.com.au +61 411 479 144 ASX: WC1 July 2026 ASX | WC1 10

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