Empire Metals Limited · LSE:EEE
Empire Metals — Investor Presentation (September 2025)
18 slides from Empire Metals's investor presentation, Sep 23, 2025
Slide 1: Advancing a Globally Significant Titanium Discovery
Supplying the Future Advancing a Globally Significant Titanium Discovery High-Purity Titanium Dioxide for a Disrupted Market Corporate Presentation – September 2025 LON : EEE OTCQX : EPMLF
Slide 2: Disclaimer and Statements
Disclaimer and Statements This presentation (“Presentation”) has been prepared by Empire Metals Limited (“Empire” or the Competent Persons Statement “Company”) for information purposes only and may be subject to material updates, revision and The technical information in this report that relates to
Slide 3: Empire Metals: A Better Alternative in a Disrupted Titanium Market
Empire Metals: A Better Alternative in a Disrupted Titanium Market Western Australia World’s Largest Tier-1 Western Pitfield Titanium Discovery Australia Jurisdiction Project Established mining and infrastructure ~1,042km² Pitfield (Empire: 70% JV) is a district-scale discovery which hub with export
Slide 4: Titanium is a Strategic Commodity Powering Critical Industries
Titanium is classified as a Critical Mineral by the U.S., EU, Titanium is a Strategic Commodity UK, Canada, South Korea, Powering Critical Industries Australia, and Japan Aerospace & Defense • Aircraft engines & landing gear • Missiles • Armoured vehicles & submarines • Critical Metal needed now and
Slide 5: Low Cost, Premium Titanium is in Short Supply
Titanium demand is growing, while the industry Low Cost, Premium Titanium needs production from a new source* is in Short Supply 12000 10000 '000 Tonnes TiO2 8000 6000 $24B Market Size in 2024* 3.7% CAGR from 2023-2030* 4000 2000 Pigment Sponge The titanium market is geopolitically significant and c
Slide 6: Most Titanium Starts as Low-Grade Ore and Requires Costly, Polluting Processes. Not Ours.
Most Titanium Starts as Low-Grade Ore and Requires Costly, Polluting Processes. Not Ours. Pitfield offers a better alternative for direct high-purity titanium supply to the market ✓ High-Purity Ore, ✓ Minimal waste, High Purity 99.25% lower CO₂ TiO2 Product ✓ Multi-generational ✓ Higher continuous m
Slide 7: Pitfield: World Class Project Location
Pitfield: World Class Project Location Development significantly derisked by location in Tier-1 mining jurisdiction with direct access to critical infrastructure and global shipping routes Prime Location in Western Australia → Situated in the Mid-West region, a well-established mining and agricultur
Slide 8: Pitfield: The World's Largest Known Titanium Discovery
Exceptional Pitfield: The World’s Drill Results Largest Known Titanium 44m at 7.87% TiO2 from surface [AC25TOM159] Discovery 1 98m at 7.05% TiO2 from 2m depth [RC25TOM062] A giant high-grade titanium deposit with exceptional continuity 148m at 6.49% TiO2 from surface[RC24COS019] Estimated TiO2 miner
Slide 9: High-Value In-Situ Weathered Cap
High-Value In-Situ Weathered Cap High-purity titanium dioxide minerals at surface Highest TiO2 grades within in-situ weathered cap, at surface, containing predominantly anatase and rutile → The in-situ weathered cap (40m-60m deep from surface) is estimated to contain between 4.0 to 4.9 billion tonne
Slide 10: Rapid Product Development Success: +99% TiO2 product achieved
Rapid Product Development Success: +99% TiO2 product achieved Advancement of a pathway to a high-value commercial Reviewing data from the SEM at the AMI laboratory in Perth product based on conventional processing steps → High-purity final product achieved: TiO2 grading 99.25% with negligible impuri
Slide 11: 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
Slide 12: Accelerating Development Toward Production
Accelerating Development Toward Production Key Milestones Achieved and Ahead 2024 - 2025 Successes What’s Coming in H2 2025 - 2026 High-grade titanium discovery: JORC Mineral Resource Estimate in Q4 2025 JORC Exploration Target defined Bulk testwork and flowsheet design confirming low- Completion of
Slide 13: Share Price Performance
Share Price Performance AIM-listed and OTC-Quoted, the market is beginning to recognise Empire Metals’ true value Ticker LON:EEE OTCQX:EPMLF Market Cap* £318M $451M USD Share Price* 45.80p $0.65 USD Shares on Issue 693,393,221 693,393,221 52 Week Low/High* 5.50p – 84.00p Empire Metals is a Group’s C
Slide 14: Board of Directors
Board of Directors 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). Extensive
Slide 15: Technical Excellence
Technical Excellence An exceptional technical team in Perth, WA Andrew Faragher Narelle Marriott Exploration Manager Process Development Manager Former Rio Tinto Exploration Manager with over 25 years’ Former BHP Snr Process Engineer and recently General Manager experience working across multiple co
Slide 16: Empire Metals: The Next Generation for Titanium
Empire Metals: The Next Generation for Titanium Pitfield is exceptional and capable of meeting future Giant scale, long life growth in world demand over a multi-generational timeline Titanium metal and high-purity TiO2 feedstocks High-value high-purity attract premium pricing – high demand, end prod
Slide 17: Disclaimer
Disclaimer Continued from Page 2 This Presentation has not been approved by any authorised person pursuant to Section 21(2)(b) of the Financial Services and Markets Act 2000 ("FSMA") and This Presentation contains confidential information regarding the Company. Your is therefore being issued for inf
Slide 18: info@empiremetals.com
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 OTCQX : EPMLF
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