Suvo Strategic Minerals : Corporate Presentation

onlyThe DNA of a useModern World

ersonal

ASX: SUV suvo.com.au

ASX:SUV | suvo.com.au

contingencies:

involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward looking statements; and

may include, among other things, statements regarding estimates and assumptions in respect of prices, costs, results and capital expenditure, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions.

Company disclaims any intent or obligation to publicly update any forward looking statements, whether as a result of new information, future events or results or otherwise.

are necessarily based upon a number of estimated assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and

DISCLAIMER

These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) are confidential and have been prepared by Suvo Strategic Minerals. By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read, understood and accepted the terms of this disclaimer. It is the responsibility of all recipients of these Presentation Materials to obtain all necessary approvals to receive these Presentation Materials

and receipt of the Presentation Materials will be taken by the Company to constitute a representation and warranty that all relevant approvals have been obtained.

NOT AN OFFER

These Presentation Materials are for information purposes only. The Presentation Materials do not comprise a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian onlySecurities and Investments Commission) or any other law.

The Presentation Materials also do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities nor shall they or any part of them form the basis of or be relied upon

in connection there with or act as any inducement to enter into any contract or commitment with respect to securities. In particular, these Presentation Materials do not constitute an offer to sell or a solicitation to buy securities in the United States of America.

NOT INVESTMENT ADVICE

The Presentation Materials are not investment or financial product advice (nor tax accounting or legal advice) and are not intended to be used for the basis of making an investment decision. Recipients should obtain their own advice before making any investment decision.

SUMMARY INFORMATION

The Presentation Materials do not purity to be all inclusive or to contain all information about the Company or any of the assets, current or future of the Company. The Presentation Materials contain summary information about the Company and its activities which is current as at the date the Presentation Materials. The information in the Presentation Materials is of a general nature and does not purport to contain all information which a prospective investor may require in evaluating a

possible investment in the Company or that would be required in a prospectus or product disclosure statement or other offering document prepared in accordance with the requirements of Australian law or the laws of any other jurisdiction, useincluding the United States of America. The Company does not undertake to provide any additional or updated information as a result of new information, future events to results otherwise. Certain statements contained in the Presentation

Materials, including information as to the future financial or operating performance of the company and its projects are forward looking statements. Such forward looking statements; a)

b)

c)

The

The words "believe", "expect", "anticipate", "indicate", "contemplate", "target", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", and similar expressions identify forward looking statements. ersonal

All forward looking statements contained in the Presentation Materials are qualified by the foregoing cautionary statements. Recipients are cautioned that forward looking statements are not guarantees of future performance and accordingly recipients are cautioned not to put undue reliance on forward looking statements due to the inherent uncertainty therein.

The Company has prepared the Presentation Materials based on information available to it at the time of preparation. No representation or warranty, express or implied, is made as to the fairness, accuracy or completeness of the information, opinions and conclusions contained in the Presentation Materials. To the maximum extent permitted by law, the Company, its related bodies corporate (as that term is defined in the Corporations Act 2001 (Commonwealth of Australia)) and the

officers, directors, employees, advisers and agents of those entities do not accept any responsibility or liability including, without limitation, any liability arising from fault or negligence on the part of any person, for any loss arising from the use of the Presentation Materials or content otherwise arising in connection with it.

COMPETENT PERSON

The Presentation Materials contain references to the Company's previous announcements, including announcements dated 25 March 2021, 27 May 2021 and 8 September 2021. The Company confirms that it is not aware of any new information r data that materially affects the information included in the relevant market announcements and that all material assumptions and technical parameters underpinning the estimates and production targets in the relevant market announcement

continue to apply and have not materially changed.

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PREMIUM INVESTMENT OPPORTUNITY

		Dual commodity with strong traditional markets &
		emerging 'green' applications
only	Pittong mine acquired in 2021 for A$1.9m,
produced A$2.8m1 EBITDA within first 12 months of
operation
		Pittong expansion primed for 2022, increasing plant
use	capacity to meet both local and international
demand
		Disciplined & experienced team with a focus on
		near-term resources close to critical infrastructure
ersonal	Targeting scarce resources that are critical to
		decarbonising the global economy

Developing a resilient and sustainable business that incorporates leading global ESG standards

1 - Unaudited

2 & 3 - Source: Kaolin Market Global Forecast to 2025 by Markets and Markets Forecast period 2020 - 2025

4 - Critical Energy Minerals Roadmap - The Global Energy Transition - Opportunities for Australia's mining and manufacturing process

STRATEGIC MINERALS FOCUS

KAOLIN

• Global Market US$3.1 billion, CAGR 5.5%2
• Suvo's Pittong is Australia's only producer of high-value hydrous kaolin
• Currently producing and selling industrial & pharmaceutical grade products between

A$500 to A$3,000/t

• Green economy opportunity: metakaolin used to decarbonise cement

SILICA

• Global Market US$14.1 billion, CAGR 6%3
• Most used commodity on the planet behind water. Depleting global resource
• CSIRO lists silica alongside base metals as critical to the global energy transition4
• Solar panels contain up to 70% high purity silica

ASX:SUV | suvo.com.au

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Forecast 2027 global demand = 38mtpa

(19mtpa hydrous kaolin)

Potential Global

Hydrous Kaolin

Deficit = 5.8mtpa

COMPELLING KAOLIN MARKET

Demand for refined Kaolin products forecasted to grow over the long term

GLOBAL SUPPLY AND DEMAND
§	Global demand forecast to reach ~38 million tons by 20271
only	10 countries supply 84% of processed kaolin globally1
§
§	Estimated 50% of global supply is hydrous kaolin1
Est. 2019 global production = 26.5mtpa
	(13.2mtpa hydrous kaolin)
use	0	2000	4000	6000	8000
USA
	China
Germany
Ukraine					= 2.4 mtpa
ersonal	Brazil

Turkey

UK

Others

1 Sources: Research & Markets, USGS, BGS & Roskill via Dr. Ian Wilson

AUSTRALIAN SUPPLY AND DEMAND

Australian demand for hydrous

kaolin is projected to reach

~350kt by 2025

Pittong currently produces 25ktpa with 72% sold to the Australian market

Pittong is the only hydrous kaolin

producer in Australia

Pittong targeting significant plant

capacity increases by 2023

1 Kaolin Market Global Forecast to 2025 by Markets and Markets Forecast period 2020 - 2025

ASX:SUV | suvo.com.au

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Pittong, VIC

STRATEGIC FOCUS

STRATEGIC ASSETS

STRATEGIC PRODUCTS

STRATEGIC MARKETS

only	AUSTRALIA'SONLY	HYDROUS KAOLINPLANT	100% Owned - Operating Mine
§ Established 1972 by Imerys, acquired Jan
2021
§ 2021: 25kt produced (+23% YOY increase)
§ JORC Indicated Resources totaling 13.64mt
of kaolin product1
§ Current forward orders stretching to 2023
use	KAOLIN
	Gabbin, WA
HIGH PURITY	RESOURCE	100% Owned - Scoping Study
ersonal
§ 74.5mt Inferred JORC Resource, 26.9mt
Indicated
§ Scoping study: IRR 113% with $705m (pre-
tax) NPV based on indicated resources1
§ 210km on rail from Fremantle port
§ Targeting PFS in H2 2022

1 As announced on 27 May 2021, 22 September 2021 and 2 March 2022. The Company confirms that it is not aware of any new information or data that mat rially affects the information included in the announcement and that all material assumptions and technical parameters underpinning the estimates and production targets in the relevant market announcement continue to apply and have not materially changed.

HYDROUS

KAOLIN

PHARMACEUTICAL

KAOLIN

METAKAOLIN

ASX:SUV | suvo.com.au

PAPER & PACKAGING

PAINT

CERAMICS

MEDICINES

COSMETICS

GREEN CONCRETE

FERTILISERS + CROP

PROTECTION

INDUSTRIAL ABSORBENT

(INCLUDING CO2)

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