ANDRADA MINING LIMITED - Investor Presentation

Andrada Mining Limited delivered a comprehensive investor update highlighting strong operational momentum, expanding production, and a fully funded growth strategy across its portfolio of critical minerals in Namibia. The company reported positive EBITDA and free cash flow generation from its flagship Uis tin mine, with quarterly tin production up 10% year-on-year and tin prices exceeding $45,000 per tonne, supporting improving margins and cash flow. Management outlined plans to scale throughput from 1 million tonnes to 2.5 million tonnes through crusher upgrades, ore sorting technology, and plant optimisation, targeting a significant increase in tin concentrate production by 2028. Beyond tin, Andrada continues to advance its high-grade Lithium Ridge discovery, backed by a $40 million funding partnership with global lithium leader SQM, while the fully funded Brandberg West project provides exposure to tungsten, copper, and additional critical minerals. The company emphasised its diversified commodity portfolio, district-scale mineral system, and strategic infrastructure advantages as key drivers of long-term shareholder value. With over $90 million in non-dilutive project financing secured, strong institutional backing, and multiple near-term catalysts including feasibility studies, drilling results, and production expansion, management believes the market is undervaluing the company’s assets, growth potential, and future revenue streams.