• Largest independent Energetics storage & manufacturing facility in Western Australia
• Collar Keeper® System revolutionizing Drill & Blast efficiency
• Clear pathway to material revenue growth driven by industry tailwinds

Aquirian Ltd, a diversified mining services company, presented its growth strategy and competitive advantages at the Euroz Hartleys Industrial and Resources Forum. The company highlighted its strategic Wubin Energetics Hub, which is the largest independent Energetics storage and manufacturing facility in Western Australia, capable of producing up to 110,000 tonnes of emulsion per annum. The Wubin facility is positioned on the Northern Freight Corridor, providing multiple freight and logistical advantages, and offers multiple avenues to monetize its capabilities, including toll manufacturing, direct product supply, and storage services. Aquirian also showcased its revolutionary Collar Keeper® System, which is transforming drill and blast efficiency by minimizing drill costs, improving mining efficiencies, and enhancing operator safety. The company's integrated end-to-end offerings cover the entire blast-hole lifecycle, from drilling technology to Energetics supply, creating a unique value proposition for its customers. Aquirian's management team, with deep industry experience, is well-aligned with shareholders, owning a significant stake in the company. The presentation outlined Aquirian's clear pathway to material revenue growth, driven by strong industry tailwinds as mines become deeper and wetter, and the company's ability to scale its operations to meet increasing demand.

Aquirian is targeting revenue of approximately $40-60 million and an EBITDA margin of 12-16% within 3 years from the re-start of its Wubin Energetics Hub in July 2024.

Aquirian is well-positioned to capitalize on the growing demand for Energetics and innovative mining solutions, driven by the trend of mines becoming deeper and wetter. The company's strategic Wubin Hub, revolutionary Collar Keeper® System, and integrated end-to-end offerings provide a unique value proposition and a clear pathway for material revenue growth.