NEOMETALS LTD - Investor Presentation 2020

==> picture [596 x 97] intentionally omitted <==

----- Start of picture text -----

19 February 2020
----- End of picture text -----

RIU EXPLORERS CONFERENCE 2020 PRESENTATION

Please find appended the Company’s presentation for the RIU Explorers Conference in Fremantle WA Australia.

ENDS

Authorised on behalf of Neometals by Christopher Reed, Managing Director

For further information, please contact:

Chris Reed Jeremy Mcmanus Managing Director General Manager - Commercial and IR Neometals Ltd Neometals Ltd T: +61 8 9322 1182 T: +61 8 9322 1182 E: [email protected] E: [email protected]

About Neometals Ltd

Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future. With a focus on the energy storage megatrend, the strategy focuses on de-risking and developing long life projects with strong partners and integrating down the value chain to increase margins and return value to shareholders.

Neometals has three core projects:

Lithium-ion Battery Recycling – a proprietary process for recovering cobalt and other valuable materials from spent and scrap lithium batteries. Pilot plant testing currently underway with plans established to conduct demonstration scale trials with potential JV partner SMS Group;
Barrambie Titanium and Vanadium Project - one of the world's highest-grade hard-rock titanium-vanadium deposits, working towards a development decision in mid-2021 with potential JV partner IMUMR; and
Lithium Refinery Project – progressing plans for a lithium refinery development to supply lithium hydroxide to the battery cathode industry with potential JV partner Manikaran Power, underpinned by a binding life-of-mine annual offtake option for 57,000 tonnes per annum of Mt Marion 6% spodumene concentrate.

Locked Bag 8 West Perth WA 6872

ACN 099 116 361 Level 1, 1292 Hay Street West Perth WA 6005

T: +61 8 9322 1182 F: +61 8 9321 0556

[email protected]

==> picture [794 x 67] intentionally omitted <==

==> picture [462 x 174] intentionally omitted <==

==> picture [794 x 67] intentionally omitted <==

----- Start of picture text -----

RIU Explorers Presentation
----- End of picture text -----

==> picture [794 x 67] intentionally omitted <==

----- Start of picture text -----

February 2020
ASX Code: NMT OTC/Nasda Intl: RDRUY
q
----- End of picture text -----

+ = Ti/V

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Disclaimer
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information about the Company and its associated entities and their activities current as at the date of this document. The information contained in this document is of general background and does not purport to be complete. It should be read in conjunction with Neometals’ other periodic and continuous disclosure announcements lodged with the Australian Securities Exchange, which are available at www.asx.com.au.

Forward-looking information: This document contains, opinions, projections, forecasts and other statements which are inherently subject to significant uncertainties and contingencies. Many known and unknown factors could cause actual events or results to differ materially from the estimated or anticipated events or results included in this document. Recipients of this document are cautioned that forward-looking statements are not guarantees of future performance.

Any opinions, projections, forecasts and other forward-looking statements contained in this document do not constitute any commitments, representations or warranties by Neometals and its associated entities, directors, agents and employees, including any undertaking to update any such information. Except as required by law, and only to the extent so required, directors, agents and employees of Neometals shall in no way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatever nature arising in any way out of, or in connection with, the information contained in this document.

Financial data: All figures in this document are in Australian dollars (AUD) unless stated otherwise.

Not financial product advice: This document is for information purposes only and is not financial product or investment advice, nor a recommendation to acquire securities in Neometals. It has been prepared without taking into account the objectives, financial situation or needs of individuals. Before making any investment decision, prospective investors should consider the appropriateness of the information having regard to their own objectives, financial situation and needs and seek legal and taxation advice appropriate to their jurisdiction.

Investment risk: An investment in securities in Neometals is subject to investment and other known and unknown risks, some of which are beyond the control of Neometals. The Company does not guarantee any particular rate of return or the performance of Neometals. Investors should have regard to the risk factors outlined in this document.

Compliance Statement:

The information in this document that relates to Exploration Results and Mineral Resource Estimates for the Mt Edwards Nickel Project and the Barrambie VTM Project has been extracted from ASX Releases set out below, which are available at www.neometals.com.au

~~w.neometals.com.au~~ ~~22/05/2019~~ 13/11/2019 31/01/2020	Barrambie Vanadium DFS Results and Start of Titanium Pilot Additional Nickel Mineral Resource at Mt Edwards High-grade Massive Nickel Sulphide at Mt Edwards

The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all material assumptions and technical parameters underpinning the estimates in the market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

==> picture [124 x 35] intentionally omitted <==

==> picture [33 x 31] intentionally omitted <==

+ = Ti/V

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Executive Summary
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

ASX listed project developer
Strategic focus on integrated mineral/materials for the EV and ESS sectors
Established in 2002, team of 20, Perth HQ
Current focus on 3 advanced development projects within our portfolio
Evolving from traditional mining to urban mining (recycling) - eco-friendly materials
Team with growing track record in delivering project outcomes
Cash of ~A$100.7M plus ~A$9.9M in investments*, no debt
Returned A$45M to shareholders in last 4 consecutive financial years

==> picture [124 x 35] intentionally omitted <==

==> picture [141 x 14] intentionally omitted <==

----- Start of picture text -----

* As at 31 December 2019
----- End of picture text -----

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Corporate Overview
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

ASX: NMT OTC:RDRUY	ASX: NMT OTC:RDRUY
Shares on Issue1	m	544.5
Share Price (17-Feb-20)	A$	0.21
Market capitalisation (17-Feb-20)	A$m	114.3
Cash (31-Dec-19)	A$m	100.7
Debt	A$m	-
Investments (31-Dec-19) 2	A$m	9.9

Major Shareholders (31-Dec-2019)	Major Shareholders (31-Dec-2019)
David Reed (Non-Executive Director)	8.4%
Westoz Funds Management	3.3%
Global X Lithium ETF	1.7%
Top 20	37.5%
No of Shareholders	~7,800

==> picture [371 x 301] intentionally omitted <==

----- Start of picture text -----

12 Month Share Price Performance
0.35 7,000
6,000
0.30
5,000
0.25
4,000
3,000
0.20
2,000
0.15
1,000
0.10 0
Feb-19 May-19 Aug-19 Nov-19 Feb-20
Price $A
Volume (‘000s)
----- End of picture text -----

Source: Neometals

Note 1: Excludes 11.13m performance rights. Note 2: Loan receivables and investments

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

What we do – clear growth strategy
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

Story is not complicated, but approach is different:
We identify and secure opportunities – organic (e.g. Battery Recycling) and acquisition (Mt Edwards Nickel)
We build value – with the drill bit, R&D and evaluation studies
We realise value – with partners to achieve optimum scale, lower risk and accelerate returns
We return value – dividends and buy backs
First-class balance sheet to fund growth projects

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Who we are
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [70 x 7] intentionally omitted <==

----- Start of picture text -----

NE Board Members
----- End of picture text -----

==> picture [672 x 87] intentionally omitted <==

==> picture [299 x 7] intentionally omitted <==

----- Start of picture text -----

Steven Cole – Chair David Reed Dr Natalia Streltsova
----- End of picture text -----

Doug Ritchie Dr Jennifer Purdie Les Guthrie

==> picture [773 x 239] intentionally omitted <==

----- Start of picture text -----

Management Team
Chris Reed Jason Carone Michael Tamlin Darren
Managing Director / Company Secretary / CFO COO Townsend
CEO CDO
Paul Wallwork Jeremy Mcmanus Gavin Beer Matthew Read Andy Robb David Robinson Greg Hudson
GM – Marketing and GM – Commercial and GM – Lithium GM – Lithium Projects GM – Battery Recycling GM – Metallurgy and GM – Geology
Product Development Investor Relations Processing R&D
----- End of picture text -----

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [603 x 29] intentionally omitted <==

==> picture [603 x 30] intentionally omitted <==

==> picture [603 x 29] intentionally omitted <==

==> picture [603 x 30] intentionally omitted <==

==> picture [603 x 29] intentionally omitted <==

==> picture [603 x 30] intentionally omitted <==

==> picture [603 x 29] intentionally omitted <==

==> picture [603 x 30] intentionally omitted <==

==> picture [603 x 29] intentionally omitted <==

==> picture [603 x 30] intentionally omitted <==

==> picture [603 x 29] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Projects
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

Core projects (final stages of evaluation):

Lithium-Ion Battery Recycling Project (Pilot-stage, 100% NMT, MOU for 50:50 JV);
Barrambie Titanium and Vanadium Project (Pilot-stage, 100% NMT, MOU for 50:50 Operating JV);
Lithium Refinery Project (Feasibility Stage, MOU 50:50 JV).
Exploration project 1. Mt Edwards Nickel and Lithium Project

Research and development projects

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [66 x 66] intentionally omitted <==

Recycling and Recovery Li Ion Battery Recycling Project Neometals 100%

==> picture [124 x 31] intentionally omitted <==

==> picture [34 x 30] intentionally omitted <==

+ = Ti/V

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [662 x 47] intentionally omitted <==

==> picture [662 x 46] intentionally omitted <==

==> picture [662 x 47] intentionally omitted <==

==> picture [662 x 46] intentionally omitted <==

==> picture [662 x 47] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Value chain – we must recycle
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [594 x 35] intentionally omitted <==

==> picture [594 x 34] intentionally omitted <==

==> picture [594 x 35] intentionally omitted <==

==> picture [594 x 34] intentionally omitted <==

==> picture [594 x 35] intentionally omitted <==

==> picture [594 x 34] intentionally omitted <==

==> picture [594 x 35] intentionally omitted <==

==> picture [594 x 34] intentionally omitted <==

==> picture [594 x 35] intentionally omitted <==

==> picture [594 x 34] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

JM11

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

The Opportunity
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 133] intentionally omitted <==

==> picture [794 x 134] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

Slide 12

JM11

Jeremy McManus, 11/02/2020

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Recycling Business
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [342 x 101] intentionally omitted <==

What we have – proprietary and sustainable solution for recovery and upgrading of valuable metals from scrap and EOL LIBs
Why – LIB demand growth creating challenge and opportunity

==> picture [342 x 101] intentionally omitted <==

Business model – work with partners to secure feed, operate plants to recover materials, sale of chemical products back to supply chain, share risk/return

==> picture [342 x 101] intentionally omitted <==

Development stage – 3yrs of development - bench, flowsheet & scoping study complete. Pilot completion this quarter.

==> picture [342 x 101] intentionally omitted <==

Next steps – Incorporate German JV Co, construct demo plant (preparations in train) and commence feasibility studies

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Lithium Battery Recycling Model for EU
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [491 x 119] intentionally omitted <==

==> picture [491 x 120] intentionally omitted <==

==> picture [469 x 19] intentionally omitted <==

==> picture [469 x 18] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

SMS Relationship

Exclusivity with SMS to form 50:50 JV

• Incorporation of German JV to commercialise post-completion of pilot at SGS Lakefield

• JV will construct a showcase demonstration plant in Europe and complete feasibility study end 2020

All costs to be borne equally
Evaluating both 20ktpa and 200ktpa plants
Global commercial roll out capitalising on the SMS global footprint (14,500 employees at 95 sites)
~~SMS will build, operate and procure debt~~ financing on behalf of JV*

==> picture [347 x 178] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

*for 50:50 debt:equity on a best endeavours basis

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Exception financial metrics for first plant
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [641 x 61] intentionally omitted <==

==> picture [641 x 62] intentionally omitted <==

==> picture [641 x 61] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

Please refer to ASX announcement 4 June 2019 titled “Battery Recycling – Scoping Study Results”

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Mt Edwards Nickel Project
Ni
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

100% owned brownfields Ni and Li exploration with significant historic Ni production
Tenements cover 240km[2] across highly prospective Widgiemooltha Dome ~40km SE of Kambalda on road/rail/grid power/water
Indicated and Inferred Mineral Resource of 7.718Mt @ 1.7% Ni for ~ 130,000 t contained Ni* in 11 deposits

Plan

Defining high-grade massive nickel sulphides within resource inventory and new discoveries
Develop pipeline of short lead-time nickel sulphide resources ready for the projected demand from EV sector
Please refer to slide 24 and ASX announcement 13
November 2019 titled “Additional Mineral Resource at Mt Edwards”

==> picture [124 x 35] intentionally omitted <==

==> picture [332 x 235] intentionally omitted <==

==> picture [332 x 236] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Latest Exploration Results
Ni
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [377 x 267] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

Please refer to ASX announcement 31 January 2020 titled “High-grade Massive Nickel Sulphides at Mt Edwards” + Ti/V =

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Ti/V
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [514 x 35] intentionally omitted <==

==> picture [514 x 34] intentionally omitted <==

==> picture [514 x 35] intentionally omitted <==

==> picture [513 x 34] intentionally omitted <==

==> picture [192 x 47] intentionally omitted <==

==> picture [192 x 46] intentionally omitted <==

==> picture [192 x 47] intentionally omitted <==

==> picture [191 x 46] intentionally omitted <==

==> picture [201 x 37] intentionally omitted <==

==> picture [201 x 36] intentionally omitted <==

==> picture [201 x 37] intentionally omitted <==

==> picture [201 x 36] intentionally omitted <==

Barrambie Mineral Resource by Size and Contained Metal

==> picture [124 x 35] intentionally omitted <==

Please refer to slide 25 and ASX announcement 22 May 2019 titled “Barrambie Vanadium DFS Results and Start of Titanium Pilot”

+ = Ti/V

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Barrambie VTM Project Ti/V
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

One of the highest-grade hard-rock Titanium assets and one of the largest Vanadium projects globally

100% Owned
+A$30M spent to date in exploration/ evaluation (inc. 55,000m of drilling)
Granted mining lease, mining proposal and Ministerial approval for development
Piloting ‘Whole of Deposit’ solution to produce both high purity titanium and vanadium chemicals.
Successful pilot produces 98% pure titanium chemical, titanium is key economic driver
MOU with IMUMR to co-fund evaluation studies, potentially entering 50:50 operating JV
Consistent strategy – obtained strong partner to realise optimal risk/return outcomes

==> picture [315 x 60] intentionally omitted <==

==> picture [316 x 60] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

Please refer to ASX announcement 23 January 2020 titled “Barrambie – Successful Titanium Pilot and Project Update”

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [380 x 282] intentionally omitted <==

MOU in place with Manikaran Power (50 Hertz) for jointly funded evaluation of first lithium refinery in India
Manikaran the 3[rd] largest Indian power trading company. Has extensive renewable interests
A positive FID will trigger 50:50 JV to develop refinery using NMT Mt Marion offtake option as baseload feed, market validated feedstock
Engineering and Feasibility studies targeted for completion by end 2020
FID consideration in 2021 timed to deliver production into a strong lithium market in structural deficit
Consistent strategy – obtained strong partner to realise optimal risk/return outcomes

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

+ =
Ti/V
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Company Highlights
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

SECURITY

Strong balance sheet A$100.7M plus $9.9M investments*, no debt
Strong board and management team, collectively the largest shareholders
Consistent strategy of partnering to reduce risks and accelerate returns
Disciplined capital allocation, value realisation and returns to shareholders

OPPORTUNITY

MCAP discrepancy
Portfolio advanced projects cofunded by partners through to JV/FID decisions
Multiple catalysts across portfolio in 2020
Able to fund development of some projects without dilution
Investments in R&D to move down value chain and cost curve
Track record of identifying and acquiring new projects
Transitioning to best practice ESG and becoming a ‘sustainable investment’

==> picture [124 x 35] intentionally omitted <==

==> picture [186 x 19] intentionally omitted <==

----- Start of picture text -----

* As at 31 December 2019
----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

+ = Ti/V

==> picture [794 x 67] intentionally omitted <==

==> picture [462 x 174] intentionally omitted <==

==> picture [794 x 67] intentionally omitted <==

----- Start of picture text -----

SUPPORTING INFORMATION
----- End of picture text -----

==> picture [794 x 67] intentionally omitted <==

+ = Ti/V

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

as at 13 November 2019, for a block cut‐off grade of 1% Ni, except Munda Mineral Resource uses a 1.5% Ni
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

----- Start of picture text -----

Ni Ni block cut‐off.
----- End of picture text -----

	Measured	Measured	Indicated	Indicated	Inferred	Inferred	TOTAL Mineral Resources	TOTAL Mineral Resources	TOTAL Mineral Resources
Deposit	Tonne (Kt)	Nickel (%)	Tonne (Kt)	Nickel (%)	Tonne (Kt)	Nickel (%)	Tonne (Kt)	Nickel (%)	Nickel Tonnes
132N1			110	3.5	10	1.8	120	3.4	4,070
Armstrong 1	10	2.1	280	2.3	30	4.9	320	2.6	8,180
Munda3					320	2.2	320	2.23	7,140
Widgie Townsite2			2,190	1.9			2,193	1.9	40,720
Cooke1					150	1.3	150	1.3	1,950
McEwen1					1,070	1.3	1,070	1.3	13,380
McEwen Hangingwall1					1,060	1.4	1,060	1.4	14,840
Zabel1					330	1.8	330	1.8	5,780
Mt Edwards2					575	1.4	575	1.4	8,210
Gillett2					955	1.8	955	1.8	17,050
Widgie 32					625	1.5	625	1.5	9,160
TOTAL	10	2.1	2,580	2	5,125	1.6	7,718	1.7	130,480

Small discrepancies may occur due to rounding

Note: 1 refer announcement ASX: NMT 19 April 2018 titled: Mt Edwards JORC Code (2012 Edition) Mineral Resource 48,200 Nickel Tonnes Note: 2 refer announcement ASX: NMT 25 June 2018 titled: Mt Edwards Project Mineral Resource Over 120,000 Nickel Tonnes Note: 3 refer announcement ASX: NMT 13 November 2019 titled Additional Nickel Mineral Resource at Mt Edwards

==> picture [124 x 35] intentionally omitted <==

==> picture [33 x 31] intentionally omitted <==

+ = Ti/V

==> picture [794 x 42] intentionally omitted <==

==> picture [794 x 43] intentionally omitted <==

----- Start of picture text -----

Barrambie Mineral Resource Estimate Ti/V
----- End of picture text -----

==> picture [794 x 42] intentionally omitted <==

==> picture [549 x 29] intentionally omitted <==

==> picture [549 x 30] intentionally omitted <==

==> picture [549 x 29] intentionally omitted <==

==> picture [549 x 30] intentionally omitted <==

==> picture [549 x 29] intentionally omitted <==

==> picture [549 x 30] intentionally omitted <==

==> picture [549 x 29] intentionally omitted <==

==> picture [548 x 29] intentionally omitted <==

==> picture [124 x 35] intentionally omitted <==

==> picture [50 x 30] intentionally omitted <==

----- Start of picture text -----

|||
|---|---|
|+|=|
|Ti/V|

----- End of picture text -----

==> picture [33 x 31] intentionally omitted <==

AI assistant

NEOMETALS LTD Investor Presentation 2020

65430_rns_2020-02-18_aab16b19-85b1-411e-9a59-2e96894110fd.pdf

RIU EXPLORERS CONFERENCE 2020 PRESENTATION

ENDS

About Neometals Ltd

Financial data: All figures in this document are in Australian dollars (AUD) unless stated otherwise.

Compliance Statement:

Core projects (final stages of evaluation):

Research and development projects

Slide 12

Plan

One of the highest-grade hard-rock Titanium assets and one of the largest Vanadium projects globally

SECURITY

OPPORTUNITY

AI assistant

NEOMETALS LTD — Investor Presentation 2020

65430_rns_2020-02-18_aab16b19-85b1-411e-9a59-2e96894110fd.pdf

RIU EXPLORERS CONFERENCE 2020 PRESENTATION

ENDS

About Neometals Ltd

Financial data: All figures in this document are in Australian dollars (AUD) unless stated otherwise.

Compliance Statement:

Core projects (final stages of evaluation):

Research and development projects

Slide 12

Plan

One of the highest-grade hard-rock Titanium assets and one of the largest Vanadium projects globally

SECURITY

OPPORTUNITY

More from NEOMETALS LTD

NEOMETALS LTD Investor Presentation 2020