Investor Presentaiton

MAGNESIUM MARKET Global MgO Market Share by Industry 2019 (%) Refractories Industry Others Agricutural Industy Chemical Intermediates www.marketintellica.com MARKET VALIDATION Current global annual market for all Mg products exceeds 29M tonnes. Focus is on the following industries including government and military: Pharmaceutical Companies • Magnesium Ingot Bar Suppliers Potential EV Battery Companies (currently under R&D) • Fertilizer Companies Health and Dietary Supplement Companies Magnesium Food Grade Suppliers Magnesium Wallboard Rail Car, Aerospace, Military, Commercial Transportation Magnesium Cement/Ceramics WHY.V | October, 2022 15

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