Andrada Mining (ATM) Mining Expo & Conference presentation summary

Company overview and strategy

• Focuses on mining technology metals with assets in Namibia, targeting tin, lithium, and tantalum essential for the green energy transition.

• Aims to become a tier-one technology metals producer, emphasizing responsible mining and sustainable stakeholder value.

• Listed on AIM, NSX, and OTCQB, with a workforce of around 400 and one mine in production.

• Holds multiple mining and exploration licenses in the Erongo region, including Uis, Lithium Ridge, Spodumene Hill, and Brandberg West.

Resource base and project development

• Uis mine has a current resource of 138 Mt, targeting an increase to 200 Mt, with significant tin, lithium, and tantalum content.

• Lithium Ridge and Spodumene Hill projects show high-grade lithium mineralization, with drilling confirming significant potential.

• Brandberg West exploration focuses on tin and copper, with ongoing drilling and regional exploration.

• Commissioned Namibia's first lithium processing plant, aiming for early lithium revenue and regional beneficiation.

Market outlook and product focus

• Anticipates a global lithium supply deficit by 2030, with batteries accounting for 74% of lithium consumption in 2021.

• Produces high-purity saleable petalite concentrate (4.16% Li₂O), shipped to potential off-takers.

• Lithium development roadmap includes fast-tracking production at multiple sites, targeting 15,000 tpa LCE by 2025.

• Tin and tantalum remain critical products, supporting the green and digital economy.