Andromeda Metals Limited · ASX:ADN
Andromeda Metals — RIU Sydney Investor Roadshow 2026
19 slides from Andromeda Metals's conference presentation, Aug 27, 2026
Slide 1: RIU Sydney Investor Roadshow
Andromeda For personal use only RIU Sydney Investor Roadshow 27 August 2026 ASX:ADN andromet.com.au Level 10, 431 King William Street, Adelaide, South Australia 5000 +61 8 7089 9800 Authorised for release by the Board of Directors of Andromeda Metals Ltd
Slide 2: Disclaimers and Important Information
Disclaimers and Important Information This presentation contains summary information about Andromeda, and its activities current only at the date of this Information in this presentation which is attributed to, or derived from, a third-party source has not been independently checked or presentation.
Slide 3: Australia's Next Leading Industrial & Critical Minerals Company
Australia’s Next Leading Industrial & Critical Minerals Company Andromeda is advancing two high-value projects, leveraging its high-quality kaolin resource Development ready industrial minerals platform with pathway into critical minerals 1 The Great White Project: development ready 2 High Purity Al
Slide 4: Andromeda's Competitive Advantages
Andromeda’s Competitive Advantages One high-quality resource | Two significant value opportunities The Great White Project High Purity Alumina (HPA) Project Delivering premium kaolin products for use in high-end ceramics Unlocking Critical Minerals from a High–Quality Kaolin Resource For personal us
Slide 5: High-quality kaolin products for premium ceramics
High-quality kaolin products for premium ceramics IDEAL FOR WHITE AND SUPER- IDEAL FOR PORCELAIN SLABS IDEAL FOR PREMIUM Premium Quality Positioning in the Global Kaolin Market WHITE PORCELAIN TILES AND TABLEWARE CERAMIC BODIES GREAT WHITE CRM T GREAT WHITE CRM P GREAT WHITE KCM 90 A refined, high-q
Slide 6: GWP Stage 1A+ supported by Binding Offtakes
GWP Stage 1A+ supported by Binding Offtakes 100% of planned production committed under binding offtake contracts Binding Offtake Agreements support Stage 1A+ Overview of Offtakers production capacity5 Wet metric tonnes per annum Ongoing contracted volumes>> Offtaker Markets 100,000 Stage 1A+ nominal
Slide 7: Great White Project Early Works Complete
Great White Project Early Works Complete A De-Risked, Development-Ready Project STATUS OF PLANNED ACTIVITIES WHAT THIS DE-RISKS • Great White site established and construction schedule de- $3.79M rehabilitation bond lodged with DEM plus $670,000 SEB risked3 Environmental compliance Complete payment
Slide 8: Great White Project Progress: Early Works and Site Preparation
Great White Project Progress Early Works and Site Preparation ✓ Grade control drilling ✓ Processing Plant Pad Early Works Construction Completed For personal use only ✓ Early Works excavation ASX:ADN | andromet.com.au Andromeda Metals Ltd | RIU Sydney Investor Roadshow 2026 8
Slide 9: Great White Project Progress: Equipment and Design
Great White Project Progress Equipment and Design ✓ Freehold land purchased ✓ Drum washer built ✓ Thickener built ✓ Centrifuge purchased For personal use only ✓ Fluid bed dryer built ✓ Stage 1A Filter press built ✓ Cake feeder designed ✓ Engineering design ASX:ADN | andromet.com.au Andromeda Metals
Slide 10: HPA Project: What differentiates Andromeda's process
HPA Project What differentiates Andromeda’s process Kaolin-based production with low cost and low carbon2 Conventional Aluminium Alkoxide Andromeda's kaolin-based Process process For personal use only Aluminium metal feedstock ✕ ✓ No aluminium metal inputs Refined from aluminium metal through Refine
Slide 11: What is HPA used for?
High Purity Alumina (HPA) What is HPA used for? HPA underpins the global transition to low-carbon and energy efficient technologies High Growth End-Use Markets1 Competing 3N-5N HPA Demand by End Use1 For personal use only Sapphire Light-emitting diodes (LEDs) Lithium-ion battery (LIB) separators gla
Slide 12: Next Generation HPA applications
Next Generation HPA applications HPA is used in next generation applications, including data centres powering AI, aerospace and defence1 For personal use only Semi-conductors powering AI Aerospace Defence Synthetic Sapphire for Armored Vehicles and Defence Aerospace and Optical and Semi-conductors a
Slide 13: Unlocking a Critical Mineral from Great White Kaolin
High Purity Alumina (HPA) Unlocking a Critical Mineral from Great White Kaolin THE HPA PATHWAY 01 THE RESOURCE 02 THE PROCESS 03 THE BREAKTHROUGH 04 NEXT STEPS • Great White kaolin is naturally • Proprietary process to produce • Lab-scale testwork produced HPA • Pilot plant commissioned, with high i
Slide 14: 4N HPA Achieved at Continuous Pilot Scale
4N HPA Achieved at Continuous Pilot Scale Independent analysis confirms 99.9986% HPA purity produced from Great White kaolin1 99.9986% 4N achieved Co-products Amorphous silica and gallium under Above the 99.99% Al2O3 threshold For personal use only Measured HPA purity assessment Purity confirmed abo
Slide 15: Advancing Andromeda's HPA Commercialisation Pathway
Advancing Andromeda’s HPA Commercialisation Pathway STRATEGIC MILESTONE Heads of Agreement signed with Traxys North America1 For personal use only 5-year 2,000tpa ~US$40M 2 US market Potential sales agency of HPA targeted under the Indicative annual Supporting US Critical Mineral agreement agreement
Slide 16: HPA Scoping Study Results
HPA Scoping Study Results Potential to become a leading global producer of low-cost, low-carbon HPA AUD USD Market-Leading Economics7,8 Target Production 10,000 tpa 9 NPV10 (pre-tax) $1,480 million US$947 million For personal use only NPV10 (post-tax)1 $1,010 million US$647 million IRR2 88% (pre-tax
Slide 17: Corporate Profile
Corporate Profile Andromeda Metals Limited (ASX:ADN) Led by a highly experienced board and management team, including members $0.025 who have funded, built, and delivered successful projects, as well as those with significant expertise in the sales and marketing of metals and industrial minerals. $0
Slide 18: Investment Highlights
Investment Highlights Dual-sector positioning across industrial and critical minerals De-risked and construction-ready: Early Works complete — access road, The Great White Project bulk earthworks, grade control and geotechnical drilling completed, and key long-lead equipment fabricated and stored in
Slide 19: The Great White Mineral Company
Andromeda For personal use only The Great White Mineral Company For more information about the Company, please visit our website, www.andromet.com.au or contact: Investor Relations 1800 161 380 (within Australia) +61 8 7089 9819 (from outside Australia) ir@andromet.com.au ASX:ADN | andromet.com.au