Empire Metals Limited · LSE:EEE

Empire Metals — Investor Presentation (March 2025)

17 slides from Empire Metals's investor presentation, Mar 13, 2025

  1. Slide 1: High-Purity Titanium Dioxide for a Growing Global Market

    Supplying the Future High-Purity Titanium Dioxide for a Growing Global Market Advancing one of the world's largest titanium projects in Western Australia Corporate Presentation - March 2025 LON : EEE OTCQB : EMPLF

  2. Slide 2: Disclaimer

    Disclaimer This presentation (“Presentation”) has been prepared by Empire Metals Limited (“Empire” or the “Company”) and may be subject to material updates, revision Forward-looking Statements and further amendment. This Presentation does not constitute an offer or invitation for the sale or purchas

  3. Slide 3: Empire Metals: Positioned for Growth in a Supply-Constrained Titanium Market

    Empire Metals: Positioned for Growth in a Supply-Constrained Titanium Market Developing the Largest Scalable, Efficient Known Titanium Discovery Development Path The Pitfield Project (70% JV) is a district-scale Simple bulk mining with conventional processing discovery with exceptional grade and siz

  4. Slide 4: Titanium Market Dynamics: A Critical Mineral in Short Supply

    Titanium Market Dynamics: A Critical Mineral in Short Supply $23B Market Size 3.7% CAGR in 2022 from 2023-2030 Titanium’s Essential Role Recognized as a Critical Material Titanium demand is growing, in High-Value Applications with Government Backing while supply constraints create opportunities for

  5. Slide 5: Titanium Market: Supply Constraints & Opportunity

    Titanium Market: Supply Constraints & Opportunity Most titanium starts as low-grade ore Empire Metal’s Pitfield Competitive Advantage and requires costly processing. Targeting production of a high- Pitfield offers a direct, high-purity alternative value >95% TiO2 product from naturally occurring hig

  6. Slide 6: Pitfield: The World's Largest Known Titanium Discovery

    Pitfield: The World’s Largest Known Titanium Discovery 1 A giant-scale, high-grade titanium deposit with exceptional continuity JORC Exploration Target: Estimated 26.4 – 32.2 billion tonnes @ 4.5% - 5.5% TiO2* Why Pitfield Stands Out Exceptional → District-Scale Discovery Drill Results Spanning 40 x

  7. Slide 7: Pitfield: World Class Project Location

    Pitfield: World Class Project Location A Tier-1 mining jurisdiction with direct access to critical infrastructure Prime Location in Western Australia → Situated in the Mid-West region, a well-established mining and agricultural hub → 320 km north of Perth and 160 km southeast of Geraldton, a major p

  8. Slide 8: High-Value In-Situ Weathered Cap

    High-Value In-Situ Weathered Cap High-purity titanium dioxide minerals at surface Highest TiO2 grades evident in a in-situ weathered cap, at surface, containing predominantly anatase and rutile → The in-situ weathered zone (40m-60m deep from surface) is estimated to contain between 4.0 to 4.9 billio

  9. Slide 9: Product Development

    Product Development Rapidly advancing a scalable processing pathway to a high-value commercial product Key Processing Achievements Reviewing data from the SEM at the AMI laboratory in Perth → Simple attritioning and screening to separate coarse and fine particles provides suitable feed for gravity a

  10. Slide 10: Processing – Mine to Final Product

    Processing – Mine to Final Product An efficient and simplified pathway to a high-purity titanium dioxide product → Low-Energy Processing Scrubbing and desliming take advantage of Pitfield's friable, in-situ weathered saprolite and sandstone, reducing energy costs → Conventional Separation Methods Gr

  11. Slide 11: 2025 Key Milestones & De-Risking Plan

    2025 Key Milestones & De-Risking Plan Accelerating Development Toward Production Building on 2024 Success Key 2025 Milestones Value Creation Opportunities Exploration programs in 2023/24 Bulk sampling and metallurgical Strategic partnerships to defined a high-grade titanium processing to advance flo

  12. Slide 12: Competitive Positioning & Valuation Upside

    Competitive Positioning & Valuation Upside Undervalued compared to peers with significant growth potential 2024 Performance 2024 Performance 2024 Performance 2024 Performance Strategic Rio Tinto +A$18.5M Progressing Through Empire Metals Released partnership Commences Investment Construction JORC Ex

  13. Slide 13: Capital Structure

    Capital Structure Significant Shareholders % (over 3%) Ticker LON:EEE | OTCQB:EMPLF Market Cap* £62.9 million ($81M USD) Hargreaves Lansdown 18.6% Group’s Cash Position** £4.8 million Interactive Investor 14.7% Share Price* 9.80p Shares on Issue 642,264,810 Oberon Investments 8.0% 52 Week Low/High*

  14. Slide 14: Board and Key Management

    Board and Key Management Focused on discovery, development and value creation Neil O’Brien Phil Brumit Non-Executive Chairman Non-Executive Director Former SVP Exploration & New Business Development at Lundin Veteran mining engineer and operations expert, delivering major Mining (Retired 2018). Exte

  15. Slide 15: Pitfield: Next Generation Supplier

    Pitfield: Next Generation Supplier Providing a timely solution to long term industry issues → Sponge metal and pigment producers currently suffering from: Higher costs (reagents and energy) Low availability of higher-grade ilmenite and rutile feedstocks CO₂ intensive beneficiation processes Requirem

  16. Slide 16: Pitfield: A strategic, long life, source of supply

    Pitfield: A strategic, long life, source of supply Significantly undervalued with numerous catalysts to drive a rerating in 2025 Giant scale, long life Pitfield is exceptional and capable of meeting future growth in world demand over a multi- generational timeline High-value high-purity Titanium met

  17. Slide 17: Contact details

    info@empiremetals.com London: 6 Heddon Street, London W1B 4BT, UK Perth: 506A Hay Street, Subiaco WA 6008, Australia +44 (0) 20 4583 1440 www.empiremetals.com LON : EEE OTCQB : EMPLF

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