Zeotech (ZEO) Q2 2026 TU earnings summary

Executive summary

• Accelerated mining readiness at Toondoon Kaolin Project with key surveys, compensation agreements, and traffic assessments completed to fast-track operations.

• Strategic partnerships advanced via MOU with Cement Australia and LOI with Bisley to support AusPozz™ commercialisation and distribution.

• Independent peer review validated AusPozz™'s superior performance in concrete applications, supporting its use for low-carbon construction.

• Large-scale test pit campaign at Toondoon produced 2,300 tonnes of kaolin, confirming mining methods and informing mine planning.

• R&D Tax Incentive refund of $0.96m received, supporting ongoing research and development.

Financial highlights

• Cash position at 31 December 2025 was $12.317 million.

• $0.96m R&D tax incentive refund received for FY ended 30 June 2025.

• Net cash used in operating activities for the quarter was $622,000.

• $10.085 million net cash inflow from financing activities, mainly from equity issues.

• Estimated 19.8 quarters of funding available based on current cash burn.

Outlook and guidance

• Mining activities at Toondoon expected to commence in the first half of 2026.

• Ongoing process design, mine planning, and commercial-scale product trials scheduled for Q1 2026.

• On-site methane emissions control trials at NBRC landfill to begin February 2026.