Impact Minerals (IPT) Noosa Mining Investor Conference summary

Project highlights and strategic acquisitions

• Recently earned 80% of a lake deposit containing $15 billion worth of high-purity alumina (HPA) after completing a pre-feasibility study.

• Acquired a 50% share in a pilot plant for HPA, previously owned by a competitor, for $2 million, enabling vertical integration from resource to product.

• The lake and pilot plant together position the company to become the lowest cost global HPA producer.

• HPA is critical for LEDs, semiconductors, and electric vehicle batteries, with demand growing rapidly.

• Market for HPA is expanding at 20% per annum, with a projected supply deficit by 2026–2027.

Production process, cost advantages, and market outlook

• HPA is produced from smelter-grade alumina, purified to 4N (99.99%) or higher, with current prices between $15,000–$30,000 per ton.

• The lake deposit supports a 40–50 year mine life, with extremely low drilling and extraction costs.

• Mining and transport logistics are straightforward, with all necessary clearances in place.

• Pre-feasibility study shows a net present value (NPV) of $1.2 billion at a 10% discount rate, compared to a current market cap of $30 million.

• Targeting production costs of $4,500–$5,800 per ton, well below current global competitors.

Technology, barriers to entry, and growth plans

• Proprietary membrane technology from Edith Cowan University will enhance purification, using proven water treatment methods.

• Acquired a fully functional high-purity laboratory and a 25,000-ton per annum pilot plant, 90% commissioned and ready for operation.

• Gained two years of development time and $6 million in overhead savings through the acquisition.

• Modular Hypura process allows for scalable, global expansion, with interest from Southeast Asia and plans for Europe and North America.

• Next steps include completing and ramping up the pilot plant, engaging customers for offtake agreements in 2026, and targeting a Nasdaq listing in 2027.