Slide 1: Q1 FY2026 Quarterly Activities Report
31 October 2025 Q1 FY2026 Quarterly Activities Report Jupiter Mines Limited (ASX. JMS) (Jupiter or the Company), and together with its subsidiaries, the Group, is pleased to provide the following activities report for the quarter ended 30 September 2025. Jupiter has a 49.9% beneficial interest in Ts
Slide 2: Tshipi Manganese Mine
Tshipi Manganese Mine Key production, sales and financial information for Tshipi for the quarter ended 30 September 2025, and comparatives, are presented below: Q1 Q4 Q1 Key Statistic Unit FY2026 FY2025 FY2025 Production Tonnes 829,798 787,905 1,211,890 Sales Tonnes 837,577 1,088,548 1,038,352 Avera
Slide 3: Logistics and Sales; Corporate and Financial
LOGISTICS AND SALES Q1 Q4 Q1 Unit FY2026 FY2025 FY2025 On-land logistics Tonnes 868,442 856,479 977,261 Sales • Shipped – CIF Tonnes 652,317 908,488 914,074 • Shipped – FOB Tonnes 185,260 180,060 115,335 • Mine gate sales (LG) Tonnes - - 8,943 Total 837,577 1,088,548 1,038,352 Average CIF price achi
Slide 4: Marketing and Market Outlook
Marketing and Market Outlook JUPITER MARKETING Sales and financial information for Jupiter’s marketing entity for the quarter ended 30 September 2025, as well as comparatives, are presented below. The prices shown below relate to the prices realised by Jupiter’s marketing team for the 49.9% share of
Slide 5: Global steel demand and geopolitical outlook
Globally, most countries continue to be adversely impacted by geopolitical tensions and trade as well as adverse macroeconomic factors impacting the broader economies as well as the steel industry and associated commodities. The Worldsteel Association has recently released their Short Range Outlook
Slide 6: Corporate
Corporate CASH POSITION A$ Q1 FY2026 Q4 FY2025 Variance Jupiter Mines 11,676,914 12,657,163 (980,249) Tshipi (49.9% share) 70,026,074 64,269,586 5,756,488 Total attributable cash 81,702,988 76,926,749 4,776,239 Jupiter’s cash decreased slightly during the quarter, after normal corporate costs and pa
Slide 7: About Jupiter Mines Limited
About Jupiter Mines Limited Jupiter Mines Limited (ASX: JMS) is a pure-play manganese company listed on the ASX. Well-led and headquartered in Perth, Western Australia, Jupiter’s core asset is a 49.9% stake in Tshipi é Ntle Manganese Mining, an independently operated and managed, black-empowered com
Slide 8: Notes
US$/contained Q1 FY2026 US$/dmtu US$/tonne manganese tonne Average CIF price achieved (HGL) 3.86 386.00 140.85 Average FOB price achieved (HGL) 3.18 318.00 116.07 Average FOB cost of production (HGL) 2.27 227.00 82.75 2. All amounts are in Australian Dollars unless otherwise defined. Tshipi and Jupi