Central Asia Metals Plc · LSE:CAML
Central Asia Metals — ShareSoc Growth Company Seminar April 2025
23 slides from Central Asia Metals's conference presentation, Apr 30, 2025
Slide 1: Investing in our future
Investing in our future ShareSoc Growth Company Seminar 30 April 2025 1
Slide 2: Disclaimer
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 DISCLAIMER The information contained in this confidential document (“Presentation”) has been prepared by Central Asia Metals plc (the “Company”). It has not been fully verified and is subject to material updating, revision and fu
Slide 3: CAML 2024 Overview
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 CAML 2024 OVERVIEW EBITDA EBITDA MARGIN COPPER $101.8m 47% PRODUCTION EBITDA FREE CASH FLOW 13,439t $88.8m CASH $67.6m $65.7m COPPER EBITDA DEBT FREE SALES MARGIN REVENUE PROFIT AFTER TAX 13,521t 73% $214.4m $50.8m GROUP CAPEX FU
Slide 4: Operations
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 OPERATIONS
Slide 5: CAML Operations
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 CAML OPERATIONS Sasa (100%) Kounrad (100%) - Underground zinc and lead mine, - In-situ dump leach and SX-EW northeast North Macedonia. copper operation, central - Production commenced in 1960s; Kazakhstan CAML acquired in 2017 -
Slide 6: Kounrad Copper Operation
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 KOUNRAD COPPER OPERATION Kounrad Mine Eastern Dumps 7 5 6 2 20 SX-EW 9-10 plant 13 Western Dumps 21a 15 1a 16 Kounrad village 22 6
Slide 7: Copper Production Kounrad
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 COPPER PRODUCTION KOUNRAD - 2024 production 13,439t of copper cathode - 2025 production guidance of 13,000–14,000t of copper cathode - Licensed to 2034 - 85kt minimum recoverable copper remaining Western dump actual Cu recovery v
Slide 8: 2024 Kounrad C1 Copper Cash Cost
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 2024 KOUNRAD C1 COPPER CASH COST 2024 C1 cash cost $0.80/lb 2024 2023 2024 2023 (2023: $0.74/lb) Cost $m $m $/lb $/lb $0.06/lb YoY increase, owing to: Reagents 3.7 3.3 0.13 0.11 – 33% of C1 cash cost increase is due to 377t lower
Slide 9: Sustainability at Kounrad
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 SUSTAINABILITY AT KOUNRAD SUSTAINABILITY ACTIVITY ‒ No Lost Time Injuries at Kounrad since May 2018 ‒ 100% local employment ‒ $33.2m taxes paid in 2024 ‒ Solar Power Plant full year of operation in 2024, generating ~14% of Kounra
Slide 10: Sasa Zinc and Lead Mine
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 SASA ZINC AND LEAD MINE - Skarn-hosted lead-zinc deposit in North Macedonia - Mining mainly cut-and-fill and long-hole stoping with paste fill - Tailings disposal prioritises underground fill and dry-stack system, with the remain
Slide 11: Zinc and Lead Production Sasa
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 ZINC AND LEAD PRODUCTION SASA - 2024 production of 18,572t of zinc-in-concentrate and 26,617t of lead-in-concentrate - 2025 production guidance of 19,000-21,000t of zinc and 27,000-29,000t of lead - Life of mine to 2039 Unit 2024
Slide 12: 2024 Sasa Run-of-Mine Costs
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 2024 SASA RUN-OF-MINE COSTS 2024 RoM unit costs $64.6/t 2024 2023 (2023: restated $56.2/t) C1 cash cost 2024 2023 $m $m $8.4/t YoY increase, owing to: RoM t 762,456 805,621 – Reduction in RoM ore extracted by 43,165t, contributin
Slide 13: Sasa Zinc and Lead Mine: Transition to Paste Fill Mining
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 SASA ZINC AND LEAD MINE TRANSITION TO PASTE FILL MINING Paste Backfill Plant Dry Stack Tailings Central Decline ‒ Consistent operation during ‒ Construction of Dry Stack ‒ Completed on schedule in 2024; since commissioning Tailin
Slide 14: Sustainability at Sasa
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 SUSTAINABILITY AT SASA SUSTAINABILITY ACTIVITY ‒ Two Lost Time Injuries recorded during 2024 ‒ 98% local employment ‒ $9.5m taxes paid in 2024 ‒ 100% renewable energy supplied via national grid ‒ Achieved conformance with Global
Slide 15: Capital Allocation and Outlook
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 CAPITAL ALLOCATION AND OUTLOOK
Slide 16: 2024 Capex
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 2024 CAPEX GROUP CAPEX OF $20.8m (2023: $27.8m) Capital Projects $6.4m: Sasa – Dry Stack Tailings plant and landform $3.1m – Paste Backfill Plant and associated costs $0.9m – Completion of the Central Decline $2.5m Sustaining cap
Slide 17: Growth Strategy
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 GROWTH STRATEGY SEARCH FOR MATERIAL TRANSACTION 2024 ACTIVITY OPPORTUNITIES Type of opportunity? REVIEWED - Earlier stage exploration opportunities in existing 37 jurisdictions - Larger, in-production acquisitions to enhance scal
Slide 18: Growth Opportunities: Exploration in Scotland
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 GROWTH OPPORTUNITIES EXPLORATION IN SCOTLAND – In June 2024, CAML invested £3m ($3.8m) in Aberdeen Minerals (‘Aberdeen’), for a 28.4% shareholding, to advance its exploration programme – Transaction included warrants to invest an
Slide 19: Growth Opportunities: Early-Stage Exploration in Kazakhstan
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 GROWTH OPPORTUNITIES EARLY-STAGE EXPLORATION IN KAZAKHSTAN – $1.3m spent in 2024 – First full field reconnaissance season undertaken during summer 2024 – Work focused on target generation, project evaluation and licence applicati
Slide 20: Returns to Shareholders
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 RETURNS TO SHAREHOLDERS STRONG FINANCIAL PERFORMANCE WITH A FLEXIBLE BALANCE SHEET 400 ‒ Since IPO CAML has returned ~$380m in 350 dividends (188p per share) 300 ‒ Dividends paid far exceed the total of 250 $214m in equity raised
Slide 21: Share Price/Shareholders
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 SHARE PRICE/SHAREHOLDERS TOTAL RETURN SINCE IPO Share price* (AIM:CAML) 154.60 Total no. voting shares 181,904,941 7.00 Treasury shares 193,325 6.00 Issued shares 182,098,266 Market capitalisation £281.2 5.00 Free float 96.0% Rel
Slide 22: Summary and Outlook
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 SUMMARY AND OUTLOOK OUTLOOK - 2025 production guidance unchanged from the previous year - Transition to paste-fill mining methods nearing completion - Commence operation of Dry Stack Tailings Plant CAPITAL ALLOCATION PRIORITIES -
Slide 23: Contact Details
CENTRAL ASIA METALS PLC | SHARESOC GROWTH COMPANY SEMINAR | APRIL 2025 CONTACT DETAILS INVESTOR RELATIONS MANAGER Richard Morgan rm@caml.uk +44 (0) 207 898 9001
Central Asia Metals — ShareSoc Growth Company Seminar April 2025 on 6ix