Andromeda Metals Limited · ASX:ADN
Andromeda Metals — IMARC Conference 2026
17 slides from Andromeda Metals's conference presentation, Oct 29, 2026
Slide 1: Andromeda IMARC Conference
For personal use only Andromeda IMARC Conference Sydney 29 October 2026 ASX:ADN andromet.com.au Level 10, 431 King William Street, Adelaide, South Australia 5000 +61 8 7089 9800 Authorised for release by the Board of Directors of Andromeda Metals Ltd
Slide 2: Disclaimers and Important Information
Disclaimers and Important Information This presentation contains summary information about Andromeda, and its activities current only at the date of this Information in this presentation which is attributed to, or derived from, a third-party source has not been independently checked or presentation.
Slide 3: Australia's Next Leading Industrial & Critical Minerals Company
Australia’s Next Leading Industrial & Critical Minerals Company For personal use only Andromeda is advancing two high-value projects, leveraging its high-quality kaolin resource Development ready industrial minerals platform with pathway into critical minerals 1 The Great White Project: development
Slide 4: Andromeda's Competitive Advantages
Andromeda’s Competitive Advantages One high-quality resource | Two significant value opportunities For personal use only The Great White Project High Purity Alumina (HPA) Project Delivering premium kaolin products for use in high-end ceramics Unlocking Critical Minerals from a High–Quality Kaolin Re
Slide 5: GWP Stage 1A+ supported by Binding Offtakes
GWP Stage 1A+ supported by Binding Offtakes 100% of planned production committed under binding offtake contracts For personal use only Binding Offtake Agreements support Stage 1A+ Overview of Offtakers production capacity5 Wet metric tonnes per annum Ongoing contracted volumes>> Offtaker Markets 100
Slide 6: Great White Project Early Works Complete
Great White Project Early Works Complete A De-Risked, Development-Ready Project For personal use only STATUS OF PLANNED ACTIVITIES WHAT THIS DE-RISKS • Great White site established and construction schedule de- $3.79M rehabilitation bond lodged with DEM plus $670,000 SEB risked3 Environmental compli
Slide 7: Great White Project is Construction Ready
Great White Project is Construction Ready Early Works – Site prepared & key long lead items stored in Australia For personal use only ✓ Freehold land purchased ✓ Processing Plant Pad prepared ahead of construction ✓ Fluid bed dryer ✓ Grade control drilling ✓ Stage 1A Filter press ✓ Early Works excav
Slide 8: What differentiates Andromeda's patented process
HPA Project What differentiates Andromeda’s patented process For personal use only Kaolin-based production with low cost and low carbon2 Conventional Aluminium Alkoxide Andromeda's kaolin-based Process process Aluminium metal feedstock ✕ ✓ No aluminium metal inputs Refined from aluminium metal throu
Slide 9: 4N HPA Achieved at Continuous Pilot Scale
4N HPA Achieved at Continuous Pilot Scale For personal use only Independent analysis confirms 4N+ HPA purity produced from Great White kaolin 99.9989%1 4N+ achieved Co-products Above the 99.99% Al2O3 threshold Measured HPA purity Amorphous silica under assessment Purity confirmed above the 4N thresh
Slide 10: Advancing Andromeda's HPA Commercialisation Pathway
Advancing Andromeda’s HPA Commercialisation Pathway For personal use only STRATEGIC MILESTONE Non Binding Heads of Agreement signed with Traxys North America1 5-year 2,000 tpa ~US$40M 2 US market Potential sales agency of HPA targeted under the Indicative annual Supporting US Critical Mineral agreem
Slide 11: HPA Scoping Study Results
HPA Scoping Study Results Potential to become a leading global producer of low-cost, low-carbon HPA For personal use only AUD USD Market-Leading Economics7,8 Target Production (annual) 10,000 tpa 9 NPV10 (pre-tax) $1,480 million US$947 million NPV10 (post-tax)1 $1,010 million US$647 million IRR2 88%
Slide 12: Investment Highlights
Investment Highlights Dual-sector positioning across industrial and critical minerals For personal use only De-risked and construction-ready: Early Works complete — access road, The Great White Project bulk earthworks, grade control and geotechnical drilling completed, and key long-lead equipment fa
Slide 13: Andromeda The Great White Mineral Company
For personal use only Andromeda The Great White Mineral Company For more information about the Company, please visit our website, www.andromet.com.au or contact: Investor Relations 1800 161 380 (within Australia) +61 8 7089 9819 (from outside Australia) [email protected] ASX:ADN | andromet.com.au
Slide 14: Appendix
For personal use only APPENDIX ASX:ADN | andromet.com.au Andromeda Metals Ltd | IMARC Conference 2026 14
Slide 15: High-quality kaolin products for premium ceramics
High-quality kaolin products for premium ceramics For personal use only IDEAL FOR WHITE AND SUPER- IDEAL FOR PORCELAIN SLABS IDEAL FOR PREMIUM Premium Quality Positioning in the Global Kaolin Market WHITE PORCELAIN TILES AND TABLEWARE CERAMIC BODIES GREAT WHITE CRM T GREAT WHITE CRM P GREAT WHITE KC
Slide 16: What is HPA used for?
High Purity Alumina (HPA) What is HPA used for? For personal use only HPA underpins the global transition to low-carbon and energy efficient technologies High Growth End-Use Markets1 Competing 3N-5N HPA Demand by End Use1 Sapphire Light-emitting diodes (LEDs) Lithium-ion battery (LIB) separators gla
Slide 17: Next Generation HPA applications
Next Generation HPA applications For personal use only HPA is used in next generation applications, including data centres powering AI, aerospace and defence1 Semi-conductors powering AI Aerospace Defence Synthetic Sapphire for Armored Vehicles and Defence Aerospace and Optical and Semi-conductors a