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Investor Presentaiton

Integrated Mine to Markets Scoping Study Key findings - first 15 years of operations 《6 6 INTERNATIONAL GRAPHITE SPRINGDALE Resource and Mine 父 Total Mineral Resource 49.3Mt @ 6.5% TGC or 28.0 Mt @ 8.7% TGC SPRINGDALE Concentrator 500Ktpa concentrator 40-50Ktpa concentrate COLLIE Micronising, Spheroidising and Purification 8 Mo 20Ktpa UPSG + 17Ktpa micronised byproduct COLLIE Coating 18Ktpa CPSG 17Ktpa micronised byproduct 7.5 Mt of ore mined @ 9.5% TGC -15% of resource scheduled Multi-decade mine life AISC lowest third on global cost curve @ US$485/t concentrate CAPEX: A$76M including 25% contingency and pre-strip CAPEX: A$124M NPV: A$375M IRR: 36% AISC: US$1,603/t Annual EBITDA: A$78M Battery Materials CAPEX: A$217M NPV: A$603M IRR: 31% AISC: US$2,699/t Annual EBITDA: A$142M Battery Materials *Refer ASX announcement dated 29 January 2024 for full supporting disclosures p17
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