Impact Minerals (IPT) Emerging Growth Conference 91 summary

Market opportunity and product applications

• Lake Hope deposit contains an estimated $15 billion of high purity alumina (HPA) in the top 2 meters.

• HPA is critical for LEDs, artificial sapphire, defense, advanced ceramics, semiconductors, and batteries.

• Demand for HPA is expected to grow at over 15% CAGR, with a tightening supply forecast within a few years.

• Emerging applications include direct lithium extraction, expanding the addressable market.

Production strategy and technology

• Environmentally friendly extraction planned, leaving only a 1m-deep hole, with material transported to Perth for processing.

• Proprietary technology acquired to produce HPA at lower cost, aiming for global cost leadership.

• Pilot plant in Perth operational, with plans to scale to a demonstration plant at 10x throughput and much lower CapEx than competitors.

• Modular, small-scale plants planned globally, with first commercial base targeted for North America by 2027.

Competitive positioning and financials

• Intends to enter the high-margin 4N and 3N HPA market segments, which have the largest volume.

• Unique Lake Hope deposit and new process for potash and hydrochloric acid provide additional revenue streams.

• Strategic agreement with C4V in New York to qualify HPA for battery manufacturers, targeting North American market entry.

• Recently raised AUD 2 million, with top 20 shareholders holding 45% of shares.

• Aims to surpass Australian competitors in annual production by 2030, with significant valuation upside.