Investor Presentaiton

COPPER & ZINC - 'ENERGY TRANSITION' METALS COMMODITIES & FUTURES Copper Outlook for 2024 Dominated by Uncertain Supply, Green Demand By Yusuf Khan Follow Dec. 14, 2023 8:14 am ET Mining Copper: The Red Metal's Central Role in Powering Our Net-Zero Carbon Future BY SPROTT | MONDAY, FEBRUARY 26, 2024 A single wind turbine can contain up to $350,000 worth of copper. Plus zinc. Plus tungsten... June 22, 2023 Jessica Cummins ASX 200 ASX:BHP BHP sees tightening copper market on back of global decarbonisation efforts By Colin Hay-March 5, 2024 Pay Attention To Copper Before It Derails The Energy Transition Mark Le Dain Contributor CEO & Founder, Emissions Decisions. Cover cleantech, energy, finance. а O Follow Jan 22. 2024, 12:38pm EST COPPER Demand driven by electrification and energy transmission efficiency Solar, wind generation and electric vehicles use 4 x more copper than conventional power and cars Copper's expected inventory build in 2024 has "disappeared", with a concentrate deficit now expected ZINC XASX:EMS ■ Demand driven by galvanisation to protect steel, batteries, solar panels, offshore wind turbines, electric vehicles ■ Zinc coatings extend steel life-cycle, reducing costs, environmental impacts ■ Global zinc inventory at historic lows One 13MW offshore wind turbine requires ~125t copper, 7t zinc, 700t coal 4 Brisbane Mining Investor Conference | 13 March 2024 回 Sources: * BMO Global Commodities Research, 'Copper: 2024's "bad year" disappears', 10 December 2023 * Financial Times, 'Copper producers warn of lack of mines to meet demand for metal', 9 October 2023 * Stockhead, 'A single wind turbine can contain up to $350,000 worth of copper. Plus zinc. Plus tungsten', 22 June 2023 * Teck, Presentation to 'Bank of America Global Metals, Mining & Steel Conference 2023', 16 May 2023 * BHP, Presentation to 'Bank of America Global Metals, Mining & Steel Conference 2023', 16 May 2023 EASTERN METALS

View entire presentation