Eurasia Mining

Our latest research note on Eurasia Mining Plc is now available for download: 🔗 optimocapital.co.uk/s/Eurasia_Mini… For all publications, visit our research library: 📚 optimocapital.co.uk/library-2 #EurasiaMining #OptimoCapital

BARCLAYS ON PGMS Low metal inventories could see PGM prices squeezed near-term: Above-ground PGM stocks are at very low levels, particularly for palladium and rhodium which are at 14-year lows… If you take the cumulative supply and demand balances since 2010, the theoretical stocks for palladium are at -6moz and rhodium at -150koz. Back in 2020, the World Platinum Investment Council estimated above-ground platinum stocks excluding ETF investments (which are tightly held) at 2.4moz. We forecast the platinum market to remain in deficit for the third consecutive year in 2025. Adding the cumulative supply and demand balances since 2021 leaves the estimated above-ground platinum stock at 2.2moz by year-end, equivalent to ~27% of demand. A liquidity shortage in the platinum ingot market has also provided support to prices so far this year, due to a large influx of platinum into NYMEX warehouses in the US due to fears that the US government could impose tariffs on precious metals. This has drained liquidity from the European ingot market and caused a spike in short-term lease rates to over 10%. Recent spikes in the rhodium price suggest that some of the above-ground metal inventory is tightly held, particularly when there are expectations of improving demand. "Rhodium is always the canary in the coal mine". This suggests that we could see price squeezes in some of the other PGM metals as demand picks up. Improving Chinese jewellery/investment demand could exacerbate tightness: Consumer demand for platinum jewellery has seen a slight tick up in 2024 after multi-year declines over 2013-2024 (-78% from peak of 2.1moz in 2013). However, exceptionally high gold prices are motivating retailers to trim their gold jewellery stocks and increase platinum inventories. This is supported by a number of positive data points: 1) China platinum imports in April rebounded strongly, turnover data suggests May could be a record month, according to Amplats management; 2) Platinum trading volumes on the Shanghai Gold Exchange reflected the strongest start to the year since 2021; and 3) World Platinum Investment Council (WPIC) estimates Chinese platinum jewellery sales +26% QoQ in Q1 2025 vs gold jewellery sales falling 32% QoQ. Platinum could also benefit from some spillover of 'safe haven' investment demand from the gold market.

Eurasia Mining PLC - Investor Webinar to Provide Corporate Update #EUA @eurasiamining voxmarkets.co.uk/rns/announceme…

The Astana International Exchange (AIX) marked its integration into the #Tabadul Hub with a "Ring The Bell" ceremony at the #AbuDhabi Securities Exchange (ADX). This inclusion enables bilateral cross-exchange trading between AIX and ADX, expanding investment opportunities regionally and globally. Launched in July 2022, the Tabadul Hub is the first digital exchange center in the region, promoting remote access for brokerage firms and enhancing market liquidity. Current members include ADX, Bahrain Bourse, and Muscat Securities Market. #AIX’s entry follows a strategic partnership with ADX established in June 2023, aiming to provide a seamless trading experience. @AIFC_KZ

#Ukraine insider makes bombshell reveal on ‘secret’ #Qatar meet with #Russia ahead of #DonaldTrump inauguration | Watch

Incoming WH national security adviser Mike Waltz tells @JonKarl that “preparations are underway” for Trump-Putin meeting, says war in Ukraine has “bogged down to a World War I style meat grinder of people and resources with World War III consequences.” abcnews.link/TIDbo1o

#eua @eurasiamining A short video (partial cycle) of our Dragline operating at West Kytlim last week. Overall mine stripping capacity greatly increased by a single electric-powered shovel.

#EUA @eurasiamining - A designed version of our 2022 Annual Report and Accounts is now available on our website at eurasiamining.co.uk/investors/fina…. Many thanks to all our shareholders and Corporate Representatives who attended this mornings AGM.

We would like to offer our sincere condolences to the Royal family and the UK people and express our heartfelt respect for her Majesty Queen Elizabeth II. Her constant strength and leadership in difficult times always shone through.

@eurasiamining Designed version of our Annual Report is now available on our website. Please see; eurasiamining.co.uk/investors/fina…

Contrary to speculation, legal advisors DLA Piper and Simmons & Simmons continue advising Eurasia on multiple work streams.

Fundamentals of Eurasia recognised by HCW issuing independent research. Our team stay calm and focused on best interests of all shareholders. Board notes our focus on BRICS (Russia, China & South Africa) & Japan in terms of our M&A strategy. More updates to be provided

#EUA team stay calm and focused on the strategy. Grateful to HCW, leading financial institution for initiating research coverage on EUA despite global geopolitical tensions. 658m shares (23% in EUA) for £78m traded within latest 5 days after release on 22.2.22.

We are making good progress despite current geopolitical context and separate announcement will be provided. Contrary to speculations, Eurasia’s Directors&Officers have not sold any shares and as largest shareholder group are focused on liquidity event along with all shareholders

@eurasiamining #RNS "The Directors are pleased to update shareholders on our reserves and resources, as we continue to make good progress further to the RNS of 28 Oct 2021, in relation to the potential sale, for which a separate update will be provided" bit.ly/3GwlblC

Happy Chinese NY of the🐅! 2 big CATs arriving to WK. 2 much bigger e-draglines to follow with electricity connected. EUA is focused on ESG and executing our strategy for benefit of all shareholders as previously announced.

Kola Nickel marks the start of our plans for 2022, with much more to follow as we successfully conclude our initial strategy and develop EUAv2.0 bit.ly/34KusJv