Ann: Operational Update and Resignation of NED, page-8

Early Works Program

Whilst it has been noted that AVZ is currently going to the market to invite tenders for various design
and construction works, planning of the Early Works Program continues unabated. The current Colline
Manono camp site, catering for up to 55 workers, will be expanded during the year to accommodate an
extra 100 construction personnel during the expected 12-18 months required to build the MLTO plant
and associated infrastructure. Other works such as the development of modern well drained, access
roads to and from the plant site will also be completed as part of this program. This will facilitate an
immediate start for the construction crew when they arrive in Manono.

The Early Works Program also includes the building of the site office and the fabrication workshop on
the site, allowing the commencement of the Apprenticeship Training Program, designed to select
candidates for training and potential future employment on the site.