Zinc of Ireland NL · ASX:ZMI
Zinc of Ireland NL — Zinc of Ireland — Investor Presentation (October 2026)
26 slides from Zinc of Ireland NL's investor presentation, Oct 26, 2026
Slide 1: Unlocking Critical Mineral Value From Industrial Waste
rsonal use only INVESTOR PRESENTATION Unlocking Critical Mineral Value From Industrial Waste ASX: ZMI I ABN: 23 124 140 889 I OCTOBER 2026
Slide 2: Turning industrial waste into critical mineral value
Turning industrial rsonal use only waste into critical mineral value Proprietary hydrometallurgical technologies Targeting large, established markets Cleaner metals Greater recovery Significant untapped value in disrupting current high-cost processing method Lower emissions 2
Slide 3: A hydrometallurgical development company wholly owned by ZMI
A hydrometallurgical development company wholly owned by ZMI rsonal use only Two proprietary technologies designed to unlock significant economic value Extraction of critical Transformative lead- minerals and reduction acid battery recycling of hazardous waste STATUS FEEDSTOCK STATUS FEEDSTOCK TRL 4
Slide 4: Low-temperature processing recovering critical minerals value from zinc leach residue
rsonal use only Low-temperature processing recovering critical minerals value from zinc leach residue
Slide 5: ZLR is a major output from zinc production and a potential massive feedstock
ZLR is a major output from zinc production and a potential massive feedstock for ARGO rsonal use only ARGO turns a liability GLOBAL ZINC PRODUCTION into a resource US $5000/t* Contained mineral value Zn, Pb MILLION TONNES Ge, Ga, In Ag WASTE US $400/t Disposal cost Potential massive feedstock for AR
Slide 6: ZLR has substantial economic value to unlock
ZLR has substantial economic value to unlock rsonal use only Strategic minerals usually left unrecovered 500% ZLR composition Mineral Spot price (US$) typical grade 400% +400% INCREASE Zinc 5-10% $3,346/t ON AVERAGE Lead 17-22% $1,935/t 300% % box Silver 170 – 1,800 g/t $2,478/kg 200% Gallium 50 – 4
Slide 7: Significant Opportunity in the European Zinc Market
Significant Opportunity in the European Zinc Market rsonal use only Immediate EUROPE ALONE focus on 315,000t European 400,000t+ 350,000t markets 745,000t* 165,000t ZLR generated 510,000t US$160m Treatment / disposal cost US$2bn+ 100,000t Unrealised contained value Annual zinc production capacity. *
Slide 8: ARGO's solution – solving a 30-year-old issue
ARGO’s solution – solving a 30-year-old issue Until now ZLR has been difficult to process and treated as waste. rsonal use only The jarosite matrix results in low recoveries via energy intensive processes 01 / FEEDSTOCK 02 / PROCESS 03 / OUTCOMES New critical mineral source Significant realisation o
Slide 9: Significant benefits compared to the current process
Significant benefits compared to the current process rsonal use only Current Pyrometallurgical Process ARGO High Temperature Low Temperature Process Temperature +1,300°c 90°C Significant Low Requirement Energy Requirement Limited Non-fossil Options Option For 100% Renewable High CO2 Emissions Signif
Slide 10: ARGO Technology – advancing to technical viability
ARGO Technology – advancing to technical viability rsonal use only System prototype Validated in Demonstrated Proven in Technology Experimental Technology Demonstration Complete & Basic Principle Relevant in Relevant Operational Concept Proof of Concept Validated in lab in Operating Qualified Enviro
Slide 11: Major testwork program underway
Major testwork program underway Major testing program fast-tracked to progress the ARGO flowsheet through to the pilot phase by early 2027 rsonal use only Exceptional outcomes achieved Leach Testing Primaries (ZN, Pb, Ag & Cu) 99% Ag 100% Pb 91% Cu LEADING LABORATORY Solvomet, a leading metallurgica
Slide 12: Cooperation Agreement with Market Leader Nyrstar
Cooperation Agreement with Market Leader Nyrstar rsonal use only Nyrstar is a zinc, lead and metals producer with global mining and smelting operations. Meclex has a cooperation agreement with Nyrstar to support the development of ARGO, including: A route to market Potential initial offtaker - align
Slide 13: Disruptive battery recycling that eliminates sulfur and lead emissions
rsonal use only Disruptive battery recycling that eliminates sulfur and lead emissions and recovers >99% lead
Slide 14: Lead-acid batteries remain essential and the market continues to grow
Lead-acid batteries remain essential and the market continues to grow rsonal use only VOLTA: >99% lead recovery • <90°C processing • <0.5 GJ/t • No SO₂ or lead emissions 96% • Lead-based batteries have been on the market for over a century because they are affordable, safe and sustainable • Lead bat
Slide 15: The VOLTA process has clear advantages
The VOLTA process has clear advantages rsonal use only CLEANER WITH MINIMAL WASTE / EASIER FUTURE COMPLIANCE Current pyrometallurgical process VOLTA process Feedstock Lead-acid batteries Lead-acid batteries Processing 900–1,100°C <90°C temperature Energy intensity 2–4 GJ / tonne <0.5 GJ / tonne Carb
Slide 16: Lead-acid batteries are a large, established industry facing regulatory change
Lead-acid batteries are a large, established industry facing regulatory change rsonal use only 60 million Major battery recycling facilities across Europe Spent car batteries generated Current lead-acid battery in Europe each year recycling relies mainly on heat-intensive smelting, a toxic process g
Slide 17: VOLTA technology: moving to commercialisation
VOLTA technology: moving to commercialisation rsonal use only System prototype Validated in Demonstrated Proven in Technology Experimental Technology Demonstration Complete & Basic Principle Relevant in Relevant Operational Concept Proof of Concept Validated in lab in Operating Qualified Environment
Slide 18: A clear route to commercialise VOLTA
A clear route to commercialise VOLTA rsonal use only SERI Industrial S.p.A. is an Italian group focused on the circular economy, energy storage and advanced materials. Its integrated battery and plastics supply chains recover raw materials to support sustainability and decarbonisation. SERI-funded d
Slide 19: Cleaner Metals, Greater Recovery, Lower Emissions
rsonal use only Cleaner Metals Greater Recovery Lower Emissions
Slide 20: The team and expertise to move forward
The team and expertise to move forward rsonal use only Greg Ross Martijn Cysouw Cris Copini Duncan Turner Chief Executive Officer Meclex Founder Meclex Technology Officer Chief Technical Advisor 35+ years in engineering and 25+ years of experience. 30+ years in zinc production at Metallurgist and ch
Slide 21: Corporate Information
Corporate Information rsonal use only Capital Structure Board of Directors Ordinary Shares 1,465m Mark Pearce / Chairman Mr Pearce is a Chartered Accountant and is currently a Director of several ASX listed companies that operate Share Price1 A$0.018 in the resources sector. Mr Pearce has had consid
Slide 22: Investment Overview
Investment Overview ZMI is combining technology and strategic partnerships to drive rsonal use only commercial success in the recovery of silver, zinc and other valuable metals Proprietary Processing Technologies Critical Minerals Opportunity Strategic Industry Partnerships Two proven hydrometallurg
Slide 23: Development milestones at a glance
Development milestones at a glance rsonal use only 2026 2027 SEP OCT NOV DEC JAN FEB MAR APR MAY ARGO Priority Testwork Engineering Economic Study Pilot Plant – Construction VOLTA Pilot Plant Permanent Pilot start up EPC Agreement Demonstration Plant Licencing Agreement 23
Slide 24: Disclosure & Disclaimer
Disclosure & Disclaimer Disclaimer Although the Company attempts and has attempted to identify factors that would cause rsonal use only actual actions, events or results to differ materially from those disclosed in forward Forward Looking Statements looking statements, there may be other factors tha
Slide 25: Appendix: References
Appendix: References rsonal use only Metal Typical Grade Range Reference Guangzheng Yao, Qiang Guo, Yongli Li, Ziyang Xu, Zhengpeng Han, Mingming He, Tao Qi, An innovation technology for recovering silver and valuable metals from Zinc 5–10% hazardous zinc leaching residue through direct reduction, M
Slide 26: Discover the future of ZMI
rsonal use only Discover the future of ZMI ASX: ZMI www.zincofireland.com.au Greg Ross Tom Corr Sam Cordin 61(8) 9322 6322 [email protected] [email protected] [email protected]
Zinc of Ireland — Investor Presentation (October 2026) on 6ix