Impact Minerals (IPT) Impact Minerals Limited Presents at Emerging Growth Conference summary

Industry context and market trends

• Critical minerals, including high-purity alumina (HPA), are increasingly vital for global supply chains, especially in uncertain geopolitical times.

• HPA is essential for LEDs, semiconductors, sapphire glass, ceramics, and lithium-ion batteries, with demand growing at a 20% CAGR.

• Supply deficits for HPA are projected by 2026–2027, likely driving significant price increases.

• HPA is used in high-tech and defense applications, including aerospace, medical prostheses, and nanotechnology.

• Demand for HPA is robust, with indicative demand exceeding current and planned supply.

Project overview and resource details

• The company holds an 80% interest in a Western Australian salt lake (Magic Lake) containing at least 450,000 tons of alumina, supporting over 40 years of mine life at 10,000 tons per annum.

• Mining involves simple, low-cost extraction with minimal environmental impact and no need for blasting or crushing.

• Heritage and environmental surveys are complete, with no impediments to mining; Aboriginal groups are supportive.

• Minimal infrastructure is required onsite, with only temporary sheds and accommodation needed.

• Material will be transported 500 km to Perth for processing at a cost of about $120 per ton.

Technology, process, and cost advantages

• Recently acquired a pilot plant and laboratory, enabling rapid assay turnaround and semi-commercial production.

• The HiPurA process and membrane technology partnership aim to deliver sustainable, low-carbon, low-energy HPA.

• Projected production costs are $4,500 per ton (including byproducts), significantly undercutting global competitors.

• Byproduct potash provides additional revenue, further reducing net costs.

• Modular business model allows incremental scaling, reducing capital requirements to tens of millions rather than hundreds.