Announcement PDF Impact Minerals Limited The New “Playa” in HPA DISCLAIMER This presentation contains forward looking statements that are subject to risk factors associated with resource businesses. While all due care has been taken in preparing the report, projections may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. Ideas, opinions, conclusions, and recommendations expressed in this report by the vendors are made by personnel using their professional judgment. The vendors do not represent or warrant that these will prove complete or accurate, and any person or corporation acting in response to this report must make their own enquiries and exercise their own professional judgement. The vendors are not liable for any loss or damage (however caused) incurred or suffered by a person or corporation acting on the basis of this report. All data and third-party figures presented are publicly available and referenced where applicable. The information contained in this Presentation is for information purposes only. It is intended only for those persons to whom it is delivered personally by or on behalf of the vendors. The information in this Presentation is a general background and does not purport to be complete or to provide all information that an investor should consider when making an investment decision or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act 2001 (Cth). It has been prepared by the vendors with due care but no representation or warranty, express or implied, is provided in relation to the fairness, accuracy or completeness of the information. Statements in this Presentation are made only as of the date of this Presentation unless otherwise stated and the information in this Presentation remains subject to change without notice. What lies beneath Lake Hope? A Transformational Acquisition ASX Release 21st March 2023 SCOPING STUDY ASX Release 9th November 2023 What is High Purity Alumina? • Alumina (aluminium oxide – Al2O3) with a purity of >99.99% or “4N” • 3N = 99.9%, 5N = 99.999% • Listed on the Australian Critical Minerals List. What is HPA used for? • Separators in Lithium-ion batteries • LED and MicroLED Forecast Supply and Demand for HPA Forecast Supply Deficit of HPA in 2026 Kindly Provided by Alpha HPA Limited What is High Purity Alumina (99.99% Al2O3) worth? Purity Grade Specification Price Range per tonne Application Smelter Grade 99.5% US$4,000 Precursor chemical, abrasives 3N HPA 99.9%-99.98% US$5,000US$15,000 Sapphire, abrasives, catalysts 4N HPA 99.99-99.998% US$15,000US$25,000 Li-B coatings, sapphire wafer 5N HPA 99.999% US$25,000+ Li-B coatings 6N HPA 99.9999% $50,000+ Specialty applications In-house figures researched by Impact Minerals Ltd • A High-Margin and High Demand Business Lake Hope: A multi-decade HPA mine 880,000 Tonnes of Al2O3 (Alumina). Benchmark production of 10,000 tonnes per annum = >50 year mine life ASX Release 19th June 2023 Project Location Western Australia A Tier One Jurisdiction Lake Hope: a unique deposit West Lake East Lake 1 km The Perfect Orebody? Micron to nanometre sized particles! 10-15 Year ”starter pit” ASX Releases 21st March 2023 and 8th November 2023 Very low cost mining Less than 5% of Opex The shallowest, highest-grade open pit anywhere? • High grade: approx. 27% Al2O3. • Cheap, free-digging ore to be processed offsite. • Tiny environmental footprint: biologically sterile. • No long-term rehabilitation liability. • Permitting to be fast-tracked. • Very low carbon emissions. STRONG ESG CREDENTIALS Highlights and achievements Q3: ● ● ● Modern Slavery Policy reviewed and adopted by Board Stakeholder Materiality Assessment planning and scheduling Decarbonisation roadmap under development for further communication Focus areas for Q4: ● ● ● Development of ESG-inclusive Board Skills Matrix Conduct Stakeholder Materiality Assessment Set timeline for GHG Corporate Inventory Scope 1 & 2 First Nations: Heritage Clearance Granted The Ngadju The Ngadju community is an immensely proud First Nations people who continue to develop the Ngadju membership. We want all Ngadju people to experience improvements in physical and spiritual health and to assist with teaching and learning Ngadju culture to provide many opportunities to lead connected and fulfilling lives. ASX Release 27th July 2023 Disruptive Sulphuric Acid Process to produce HPA • Fine grained minerals give unexpected reaction kinetics. • Cheap reagents. • High recoveries up to 86% • Process achieves 99.99% Al2O3 (HPA). • Saleable waste-products. • Optimisation during Pre-Feasibility Study. • Other products: aluminium nitrates, aluminium sulphates, other high purity metals and salts. ASX Releases 21st March 2023 and 18th October 2023 Will we be the lowest cost producer? ASX Release 9th November 2023 The Alpha HPA Journey (ASX:A4N) $1 B! $10 M About Impact Minerals (ASX:IPT) Shareholders Board of Directors and Management Capital Structure Non-Executive Chairman: Peter Unsworth Managing Director: Dr Mike Jones Non-Executive Director. Dr Frank Bierlein Non-Executive Director. Paul Ingram Exploration Manager: James Cumming Lake Hope Manager: Roland Gotthard Listed on ASX November 2006 Bunnenberg Family 15.7% Shares on Issue 2,864 million ABC Beteiligungen 7.7% Options 205M unlisted 158M IPTOB Directors 1.1% Share Price 1.2c Top 20 41% Market Cap $34 million Top 50 49% Cash A$3.1 million No of Shareholders 4,530 Acquisition 3 year 1 Year Share price Forward Plan 2023 2024 2025 Maiden Resource Scoping Study and PFS start Mining Lease Application Optimisation Marketing Samples Completion of PFS Start DFS 10 tpa Pilot Plant Qualification Samples Complete DFS Mining Lease Granted? Qualification Trials 2026 1000 tpa Pilot Plant Financing for full scale plant Offtake Agreements COME WITH US ON THE JOURNEY • We aim to be one of the lowest-cost producers of HPA globally. • We have a unique deposit in a Tier 1 Jurisdiction. • We have a cost-disruptive metallurgical process now in PFS. • We will build out our capabilities in metallurgy and final product specification. • We will deliver into a high-margin, growth market with significant upside potential. Competent Persons Statements This review of exploration activities and results, and the metallurgical test work contained in this presentation is based on information compiled by Roland Gotthard, a Member of the Australian Institute of Mining and Metallurgists. He is an employee of Impact Minerals Limited. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr Gotthard has consented to the inclusion in the report of the matters based on his information in the form and context in which it appears. The data in this presentation that relates to Mineral Resource estimates for the Lake Hope Project is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM) and who has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”). Mr Tear is a Director of H&S Consultants Pty Ltd and he consents to the inclusion in the presentation of the Mineral Resource in the form and context in which they appear. The information in this presentation that relates to the Mineral Resource for the Lake Hope Project is based on information announced to the ASX on 19th June 2023. The information in this presentation that relates to the Scoping Study for the Lake Hope Project is based on information announced to the ASX on 9th November 2023. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement, and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply.