MMG (1208) Status Update summary

Strategic sustainability vision and business strategy

• Aims to be a leading international mining company for a low-carbon future, with sustainability at the core of its strategy and growth ambitions, leveraging Chinese and international expertise.

• Supported by China Minmetals Corporation, positioning as China's premier international growth platform.

• Maintains strong alignment with ICMM mining principles and global best practices, focusing on copper, zinc, and cobalt for decarbonization and electrification.

• Operates mines and offices across Australia, Peru, DRC, and other regions, producing copper, zinc, cobalt, lead, silver, gold, and molybdenum.

• Portfolio diversification includes new projects in Botswana, Peru, and DRC, with continued strong performance in Australia.

Delivering critical minerals and sustainability

• Portfolio includes base metals essential for renewable energy, electric vehicles, and grid enhancement.

• Projects like Kinsevere Expansion (cobalt) and Chalcobamba growth increase copper and cobalt output.

• Solar power and wind feasibility studies underway to support sustainable operations.

• Sees robust demand for metals driven by global trends in urbanization, decarbonization, and clean technology expansion.

Safety performance and improvement initiatives

• Achieved a year-to-date total recordable injury frequency (TRIF) of 2.32, with July's TRIF at a yearly low of 1.70.

• 2023 TRIF was 1.97, outperforming the ICMM average of 2.59.

• Significant events with energy exchange reduced to two in the last month, down from six in June.

• Focused on improving fatal risk controls, especially around vehicles and contractor management at key sites.

• Hosting an executive safety workshop and collaborating with the University of Queensland to develop leading safety indicators.