Under $0.15, page-50

• Spodumene concentrate production of 20,692t (compared to 14,685t Q4FY23)
• Improvement in lithia recoveries evident through the quarter, averaging 50% (from 49% in the previous
quarter)
• An 8% increase in total material moved in Q1FY24 compared to Q4FY23 and record ore extraction in
September
• Stocks on the run of mine (ROM) pad at the end of the quarter were 164,796t, compared to 7,598t at
end of Q4FY23
• Lithium fines extraction of 29,197t and maiden shipment of 15,002t
• Spodumene concentrate shipments of 23,424t at an average grade of 5.2% (compared to 5,423t at 5.6%
Q4FY23), including:
o Final concentrate shipment of 13,100t into the Yahua prepayment agreement
o First 10,000t spodumene concentrate delivered into the Ganfeng offtake agreement
• BP33 early works have progressed well including excavation of the 288m box-cut, delivery of the steel
tunnel liners, excavation of water storage, sediment dams and site roads
• Raised $107.9 million (net of costs) following completion of institutional placement and share
purchase plan
• Cash balance at 30 September 2023 of $202.1 million