Announcement PDF Impact Minerals Limited Cost-disruptive High Purity Alumina ASX: IPT DISCLAIMER This report 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 ASX: IPT SCOPING STUDY: WORLD CLASS ECONOMICS ASX Release 9th November 2023. There have been no material changes to the Scoping Study since this date ASX: IPT THE VALUE PROPOSITION • Current Share Price 1.7 cents Scoping Study • NPV8 A$1.334 billion 60-70% increase • Market Cap: A$50 million • 2 to 5 year time frame ASX: IPT THE VALUE PROPOSITION DRIVER The lowest cost producer globally? ASX Release 9th November 2023 ASX: IPT What is High Purity Alumina used for? • Coatings & Separators in Lithium-ion batteries • LED and MicroLED • Sapphire glass ASX: IPT THE HPA DECADE? Forecast Supply and Demand Supply Deficit 2026 Kindly Provided by Alpha HPA Limited ASX: IPT 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 • A High-Margin and High Demand Business In-house figures researched by Impact Minerals Ltd ASX: IPT 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 ASX: IPT Project Location Western Australia A Tier One Jurisdiction ASX: IPT Lake Hope: a unique deposit West Lake East Lake 1 km ASX: IPT The Perfect Orebody? Micron to nanometre sized particles! ASX: IPT 10-15 Year ”starter pit” ASX Releases 21st March 2023 and 8th November 2023 ASX: IPT Very low cost mining Less than 5% of Opex ASX: IPT 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 ASX: IPT Disruptive Processing Techniques • Fine grained minerals give unexpected reaction kinetics. • Cheap reagents. • Sulphate Process and LTL Process. • High recoveries up to 86% • Saleable waste-products. • Optimisation during Pre-Feasibility Study. ASX Releases 21st March 2023 and 18th October 2023 ASX: IPT Global-leading low CO2 Emissions ASX Release June 19th 2024 ASX: IPT Four Pillars of the Pre-Feasibility Study Metallurgical Test Work Mining Approvals Process Plant Location Product Marketing ASX: IPT The Alpha HPA Journey (ASX:A4N) $1 B! $20 M ASX: IPT About Impact Minerals (ASX:IPT) Board of Directors and Management 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 PFS Study Manager: David English Shareholders Capital Structure Listed on ASX November 2006 Bunnenberg Family 16.8% Shares on Issue ABC Beteiligungen 6.5% Directors 1.0% Share Price 3,059 million 323M unlisted, 65M Listed Options to be issued 1.7 c Top 20 42% Market Cap $52 million Top 50 52% Cash A$3.55 million No of Shareholders 4,637 Options/ Perf Rights Acquisition 3 year 1 Year Share price ASX: IPT Forward Plan 2023 2024 Maiden Resource Complete optimisation Scoping Study and PFS start Completion of PFS Environmental Baseline studies Qualification Samples Optimisation Start 10 tpa Pilot Plant 2025 Complete DFS Mining Lease Granted? Qualification Trials 2026 1000 tpa Demo Plant Financing Offtake Agreements ASX: IPT 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. ASX: IPT Competent Persons Statements This review of exploration activities and results, the Exploration Target 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 and 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 that 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. This presentation's information related to the Mineral Resource for the Lake Hope Project is based on information announced to the ASX on 19th June 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. All material assumptions underpinning the production target and the forecast financial information derived from the production target utilised in the Scoping Study as announced on the ASX 9th November 2023 continue to apply and have not materially changed.