Stellar Resources (SRZ) Investor Presentation summary

Strategic vision and market positioning

• Aims to become a global top 10 tin producer with a standalone output of 3,000–3,500 tpa of payable tin, representing about 1% of global production.

• Heemskirk is the highest-grade undeveloped tin project in Australia and third highest globally, with significant resource growth potential.

• Project is located in a stable, tier-1 jurisdiction in Western Tasmania, benefiting from strong mining history and infrastructure.

• All project power needs are met by 100% renewable energy from nearby hydro and wind sources.

• Unencumbered offtake is positioned as highly attractive amid global tin supply constraints.

Market dynamics and industry context

• Global tin supply is falling, with 36% of 2025 supply in doubt due to export bans, mine suspensions, and conflict.

• Tin demand is rising, driven by electrification, electronics, and semiconductors, with a forecast market deficit.

• Minimal investment in tin exploration is limiting new project development globally.

• Heemskirk’s unencumbered offtake is expected to be highly sought after in this tightening market.

Project resources and technical highlights

• Heemskirk Mineral Resource: 7.5Mt at 1.04% Sn for 77.9kt contained tin, with 47% in the Indicated category.

• High-grade zones are defined in all deposits, with deposits open at depth and along strike.

• Advanced permitting is in place, with the project on a granted mining lease.

• Ore sorting tests at Severn deposit increased head grade to 1.65% Sn (2.4x uplift) and achieved 84.7% recovery.