Impact Minerals (IPT) Emerging Growth Conference 85 summary

Strategic vision and market positioning

• Focused on becoming a leading, low-cost producer of high purity alumina (HPA) from a unique Western Australian lake deposit, leveraging proprietary technology and a strong team.

• HPA is critical for LEDs, semiconductors, batteries, and the energy transition, with demand growing at 20% per year and tightening supply expected.

• Targeting the 4N HPA market (99.99% purity), currently selling for $15,000–$30,000 per tonne, with plans to expand into higher purity segments.

• Projected to be a major supplier by the end of the decade, aiming for a 40-year mine life at 10,000 tonnes per annum.

• Building customer engagement and offtake relationships, including with North American battery technology companies.

Project development and operational progress

• Mining and processing plan involves simple extraction and trucking to Perth, with no on-site beneficiation required.

• Pre-feasibility study completed, showing a net present value of $720 million and capital costs of $160 million.

• Operating costs projected below $5,000 per tonne, supported by by-product potash production and proprietary technology.

• Environmental and native title clearances secured; baseline surveys show no threatened species at the site.

• Laboratory and pilot plant in Perth are now operational, with commissioning underway and first high-purity output expected within weeks.

Technology, partnerships, and future plans

• Acquired 50% interest in a solvent extraction technology platform and established a partnership with a university for advanced membrane research.

• Patent protection in place for key markets, with additional patents pending.

• Appointed a highly regarded industry chairman to the technology subsidiary, adding credibility and expertise.

• Modular technology enables potential for small-scale U.S. plant by 2027, with feasibility studies planned for next year.

• Strong shareholder support, recent share price increase of 40–50%, and $2 million cash on hand.