Switch Metals plc

#SWT Issia MRE update 🇨🇮 🔹Resource washing complete - on time & on budget 🔹Assays + geological modelling advancing toward MRE-1 🔹Publication targeted in coming weeks Next steps: Define resource → advance toward early cash-flow 📄RNS: wcsecure.weblink.com.au/LSE_news/2026/…

#SWT A clear run of catalysts ahead 🇨🇮 🔹Washing results 🔹Assays 🔹Maiden #Tantalum MRE 🔹Potential offtake discussions All building from an operational pilot plant and ongoing processing at Issia.

#SWT already in execution at Issia 🇨🇮 🔹Pilot plant operational, bulk samples processing 🔹Producing concentrate for testing & potential offtake Advancing toward defined resource.

#SWT positioning at Issia 🇨🇮 🔹~60–70% of #Tantalum supply from DRC & Rwanda 🔹Ongoing disruption highlights supply risk 🔹Growing demand from defence, #AI & advanced tech Developing a traceable, alternative supply outside high-risk regions.

#SWT Phased Development Strategy 🇨🇮 🔹Near-surface #Coltan → low capex, early cash flow 🔹Tantalum: critical for defence & advanced electronics 🔹Hard-rock #Lithium & #Tantalum provide longer-term growth Cash flow first. Then scale.

#Tantalite prices hit 20+ year highs as Congo supply is disrupted and demand from #AI & electronics rises 🔹~50%+ of supply from DRC 🔹Supply shock + structural demand #SWT is advancing a traceable #Tantalum supply from Côte d’Ivoire 🇨🇮 📰@Reuters reuters.com/world/africa/t…

#SWT controls one of the largest critical metals land positions in Côte d’Ivoire (+3,000 km²) 🔹#Tantalum is our core strategic metal, with #Lithium potential emerging across a broader pegmatite corridor 🔹Near-term focus: assays, modelling and the maiden Tantalum MRE at Issia

Defence supply chains rely on critical materials like #Tantalum. Yet many of these supply chains are concentrated in jurisdictions Western governments are actively trying to reduce dependence on. That’s why new ethical sources matter. #SWT’s maiden tantalum MRE at Issia is an important step. gao.gov/blog/critical-…

#SWT Traceable tantalum supply from Côte d’Ivoire🇨🇮 #Tantalum is critical to modern defence systems - used in aerospace alloys, electronics & high-temperature components 🔹Supply heavily concentrated in Central Africa. 🔹Upcoming maiden Tantalum MRE at Issia is a key catalyst

#Lithium demand could exceed 13Mt by 2050, with deficits emerging from 2028. #SWT already has confirmed #Spodumene at Issia and active lithium exploration at Tiassalé 🇨🇮 - giving the portfolio exposure to the coming supply gap. 📰 @MiningWeekly miningweekly.com/article/lithiu…

#SWT is pleased to announce that it has published an updated investor presentation 🔹Advancement toward the maiden #Tantalum MRE at Issia 🔹Pilot wash plant operational and ongoing resource development activities 🔹Confirmation of #Lithium potential Read: switchmetals.com/wp-content/upl…

As defence supply chains come into sharper focus, ethically sourced tantalum becomes increasingly strategic #SWT is advancing a new source in Côte d’Ivoire 🇨🇮 The maiden Tantalum MRE at Issia is one of the key catalysts approaching

🎙️#SWT CEO Karl on off-take interest: 🔹#Tantalum buyers want reliable, ethicaly sourced supply 🔹Early buyer interest supports proof-of-concept first approach Strategy: prioritise cash flow, then scale

#SWT priorities for the year ahead 🇨🇮 🔹Deliver maiden MRE at Issia 🔹Advance to scoping study & financing discussions 🔹Progress mining licence pathway 🔹Engage potential off-take / commercial partners Parallel work continues on newly identified spodumene (#Lithium) targets.

SWT CEO Karl on the Issia advantage 🇨🇮 🔹#Tantalum is a high-value, supply-constrained metal 🔹Near-surface, free-dig #Coltan supports a low-capex development path 🔹Bulk sample processing underpinning the maiden MRE Clear focus on early-stage cash-flow potential.

#SWT +7 km² of new #Tantalum-rich alluvial targets identified 🔹Incremental to the maiden MRE currently underway 🔹Shallow, free-dig targets support low-cost resource growth 🔹Targets reinforcing district-scale potential RNS: wcsecure.weblink.com.au/LSE_news/2026/…

#SWT CEO Karl on @smallcappixuk Clear strategy: fast-track near-surface #Coltan for early cash flow, then scale 🔹Strong fundamentals: ethically sourced, high-value #Tantalum, district-scale 🔹Execution focus: pilot plant, MRE, Scoping Study 🔹#Lithium optionality emerging

#Lithium-bearing pegmatites add longer-term upside, while near-term work remains focused on fast-tracking free-dig #Tantalum at MRE 1 & 2. #SWT's Issia is shaping up as a multi-commodity pegmatite district, not a single-asset story 🇨🇮 Article by @DrRyanDLong

#SWT Issia spodumene #Lithium discovery adds powerful new dimension to @SwitchMetals’ near-term tantalum strategy 🇨🇮 Maiden #Tantalum MRE & ethical production remain focus. Lithium adds second engine for growth as markets turn. 📰RNS: wcsecure.weblink.com.au/LSE_news/2026/…

#SWT Heavy mineral concentrates as recovered from the pilot wash plant, containing variable quantities of #Coltan. This material is being generated as part of the bulk sample processing programme supporting structured resource definition at Issia 🇨🇮