Empire Metals (EEE) Investor presentation summary

Project overview

• Focused on developing Pitfield, a giant titanium mineral system in Western Australia with high-grade, widespread mineralisation and a JORC Exploration Target of 26.4–32.2 billion tonnes at 4.5–5.5% TiO2, equivalent to about one third of the world's total TiO2 inventory.

• The weathered cap at surface contains high-purity anatase with estimated 4.0–4.9 billion tonnes at 4.8–5.9% TiO2, with metallurgical test work underway to optimise processing.

• Located in a tier 1 mining jurisdiction with proximity to ports, rail, roads, power, and a new $1.25B REE refinery, supporting efficient logistics and future growth.

• Vision is to develop a fully integrated mining and processing operation to produce high-value TiO2 pigments and/or titanium metal.

• Titanium is on the critical metals list, with global government funding supporting supply security.

Technical and operational highlights

• Pitfield offers a unique solution to industry challenges, enabling high-grade, low-contaminant TiO2 feedstock with lower reagent, energy costs, and carbon footprint.

• Process development is advanced, with gravity separation recovering 60–80% of Ti-bearing minerals and flotation tests achieving 78% TiO2 recovery; acid leach tests show rapid dissolution of titanite.

• Staged development approach aims to derisk the project and meet strong economic targets.

Management and team

• Board and management have extensive experience in exploration, mining, finance, and project development, with a proven track record of value creation.

• Operations team includes specialists in process development, titanium metallurgy, exploration, and environmental management, many with backgrounds at major mining companies.