Elementos Limited · ASX:ELT
Elementos — Gold Coast Investor Showcase (June 2025)
20 slides from Elementos's conference presentation, Jun 25, 2025
Slide 1: Delivering Europe's only mine-to-metal tin supply
For personal use only Delivering Europe's only mine-to-metal tin supply Gold Coast Investor Showcase June 2025 ASX:ELT elementos.com.au
Slide 2: Cautionary Statement
Cautionary Statement. ASX:ELT This Presentation provides general background information about Elementos Limited’s (“Company’s”) activities. That information is current This Presentation contains a series of forward-looking statements and forecast financial information. The words “expect”, “potential
Slide 3: Elementos gives investors rare and unparalleled exposure to tin
Elementos (ASX:ELT) ASX:ELT gives investors a Cleveland Project Tasmania, Australia rare and unparalleled Historic tin mine under exposure to tin re-evaluation as tin and critical For personal use only minerals project after recent 2024 drilling intersections of metal. base, critical and precious me
Slide 4: Offering investors a unique opportunity
Offering investors a ASX:ELT unique opportunity: 01 02 03 04 05 For personal use only Exposure to tin, an Attractive entry price Oropesa DFS shows The Old Cleveland tin Experienced team under-invested critical into ELT (A$35M) compelling mine has a large with major “skin in the metal essential for a
Slide 5: Recent News | May 2025: Strategic 19.9% Placement to Metals X
“ Recent News | 19 May 2025 ASX:ELT We are pleased to announce this Strategic 19.9% Placement strategic investment in Elementos. to Metals X (ASX: MLX). For personal use only This investment provides Metals X • Metals X is Australia’s largest tin producer, with a market with a further opportunity to
Slide 6: The tin market remains supply constrained
The tin market remains ASX:ELT Tin-in-Concentrate 2011 to 2023 supply constrained, after Tonnes years of underinvestment. 350,000 For personal use only Major tin suppliers are struggling to 300,000 meet historic volumes - magnified by constant supply disruptions. 250,000 200,000 • Few tin projects i
Slide 7: Oropesa is the only integrated mine-to-metal tin project in the EU
Oropesa is the only ASX:ELT Manufacturers across integrated mine-to-metal tin Europe are seeking non- conflict, responsibly project in development sourced and secure within the European Union. supplies of tin to produce: For personal use only Electrical 51% solder This unique supply-chain will provi
Slide 8: Advancing strategy to mine, smelt and sell high quality tin ingots
Advancing strategy to mine, ASX:ELT smelt and sell high quality tin ingots into the European market entirely from Spain. For personal use only • Tin ingots delivered in Europe attract a significant price premium (~US$950-US$1,000/t) above LME spot price. • Fully aligned with the strategic and politi
Slide 9: Definitive Feasibility Study confirms robust project design and economics
Definitive Feasibility Study ASX:ELT Market cap# vs Oropesa DFS NPV8% comparison confirms robust project design and economic outcomes.* NPV8 A$270M Market A$35M For personal use only Based on a reference *Refer ASX Release dated 4 April 2025 Oropesa Tin Project: Definitive Feasibility Study (DFS) Re
Slide 10: DFS NPV8% shows significant tin price upside
DFS NPV8% shows ASX:ELT Oropesa DFS NPV8% (vs ELT market capitalisation) significant tin price at variable referenced tin prices A$825M at consensus > price ^London Metals Exchange (LME) Tin Official Prices, Cash offer, 2 April 20205 lme.com/tin forecasts * LT Consensus = Long-term consensus pricing
Slide 11: Project layout design
Project layout ASX:ELT design. Responsible, matured For personal use only and fully-costed. • Highly mature level of design and compliance. • Low level of external 11 disturbance, external facilities targeted at low disturbance areas. • Responsible approach to all aspects, including; water, trees, n
Slide 12: Oropesa: only project in Europe with an Ore Reserve
Oropesa is one of the few tin Maiden Ore Reserve^> ASX:ELT developers and the only project in Europe with an Ore Reserve For personal use only Maiden Ore Reserve^> Maiden Ore Reserve Contained Tin Metal Estimate Total Total 15.90Mt 57,894t 0.36% Sn 38% 62% 12 Mineral Resources*> 76% conversion Miner
Slide 13: The Cleveland tin mine continues to prove-up more minerals
The Cleveland tin mine ASX:ELT continues to prove-up more base, precious and critical minerals For personal use only 100%-owned historical mining operation in mineral rich north-west Tasmania. • Operated as underground tin (and by-product copper) mine for 27-years. Current Mineral Resources include:
Slide 14: Large set of tin, copper and tungsten Resources & Reserves
Large set of tin, copper and ASX:ELT tungsten Resources & Reserves already defined For personal use only Tin & Copper JORC Resources1 1All resources calculated using a 0.35% Tin cut-off grade. This information was first disclosed under the JORC Code 2012 on 31 July 2018. Total Indicated Inferred 6.2
Slide 15: 2024 drilling greatly expanded Cleveland's prospectivity
2024 drilling greatly ASX:ELT expanded Cleveland’s prospectivity For personal use only Including: 319.5m @ 0.18% WO3 01 Shallow copper, gold, silver, zinc, tin target 15 02 Further tin and copper intersection identified outside of Mineral Resource 03 Over 465m of tungsten and critical mineral target
Slide 16: Our team has delivered multibillion dollar mining projects
Our team has delivered multibillion ASX:ELT dollar mining and natural resource projects around the world. For personal use only 16 Andy Greig Joe David Calvin Treacy Corey Nolan Brett Smith Daniel Broughton Non-Exec Chairman Managing Director Non-Exec Director Non-Exec Director Non-Exec Director Non
Slide 17: Elementos corporate overview
Elementos (ASX:ELT) ASX:ELT corporate overview Share price Market capitalisation (undiluted) Major shareholders For personal use only June 2025 A$35.3M Keo Projects 2.7% A$0.12 Woody Point 2.7% Carlo Chiodo 2.7% Binvid 2.7% 18 June 2025 18 June 2025 Sangwill 2.7% 52 week high $0.17, low $0.05 Metals
Slide 18: Disclaimer: Competent Person Statements
Disclaimer. ASX:ELT Competent Person Statements The information in this Presentation that relates to Mineral Resources for the Cleveland Project has been extracted from the Company’s ASX Announcement on 30 August 2024 “Cleveland tungsten mineralisation updated”. For personal use only The information
Slide 19: Oropesa Mineral Resource Estimate & Maiden Ore Reserve Tables
Oropesa Mineral Resource Estimate4 & ASX:ELT Maiden Ore Reserve Tables19 OROPESA TIN PROJECT FEB-2023 MINERAL RESOURCE ESTIMATE4 April-2025 MAIDEN ORE RESERVE19 For personal use only Resource Contained Tin MRE Tonnes (M Contained Sn Metal Reserve Resource Classification Sn% Reserve Category Sn% Tonn
Slide 20: Connect with us
Elementos Ltd Level 7, 167 Eagle Street ASX:ELT ABN 76 075 103 221 Brisbane Queensland 4000 ASX:ELT Phone: +61 7 3212 6299 Connect For personal use only with us. 20 Joe David Managing Director eNews jd@elementos.com.au Join the conversation Follow us Subscribe to our e-news: www.x.com/ElementosTin w