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Investor Presentaiton

CLARK OVERVIEW Ideally positioned to provide secure, localised supply of battery-grade manganese for the North American market Only advanced project in the US with a clear pathway to produce battery-grade manganese (BGM) from locally sourced ore Confirmed flowsheet to produce high-purity manganese sulphate monohydrate (HPMSM) PFS-S confirmed potential to produce ~60ktpa BGM, plus zinc and silver, over a ~60 year period 17 Commenced pilot plant production with samples being prepared for feedback from potential customers Preparing to construct a decline to access ore to facilitate demonstration plant output from late CY25 Fully integrated operation has carbon and traceability benefits sought after by end users SLIDE 25 SOUTH32
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