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Our Nickel Business



           Quality portfolio of production, development & exploration assets with downstream potential







                                                                                                                                                                          Downstream
                        Nova                               Cosmos                              Forrestania                           Exploration
                                                                                                                                                                        Nickel Sulphate



















            High quality, low cost                 High quality                          Operating underground                 Focused on discovery                   Opportunity to value
            nickel production asset                development asset                     nickel mining and                     of Nova-style magmatic                 add through
                                                   with 10+ year mine life               processing operation                  nickel sulphide                        downstream processing

                                                                                                                               deposits


            Enduring focus on                      Established                           ~4years of mine life                  Extensive belt-scale                   IGO Process developed
            operational excellence                 infrastructure in a                   remaining                             land holdings                          to convert concentrate
            and sustainability                     prolific nickel camp                                                                                               into battery-grade nickel
                                                                                                                                                                      sulphate



            Silver Knight                          Scoping Study into                    Long and successful                   Potential to deliver
            development project to                 development of                        history of operations                 significant value for

            provide additional ore                 Mt Goode resource                                                           shareholders
            source                                 underway


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