• Advancing lithium and graphite projects in Argentina and Madagascar
• Separating Que River polymetallic asset into a standalone business
• Seeking strategic partners to accelerate critical minerals development

Greenwing Resources is hosting an advanced portfolio offering meaningful exposure to critical minerals, with a focus on lithium and graphite. Over the course of 2026, the company is seeking to progress its critical minerals business with the completion of scoping studies at both its San Jorge Lithium Project in Argentina and its Graphmada Graphite Mine in Madagascar. Additionally, Greenwing has the Que River Mine in Tasmania, which the company sees considerable scope to realise value as a compelling asset with a unique pathway emerging. To begin to realise the value of its portfolio, Greenwing is seeking to separate its critical minerals assets from the Que River polymetallic asset over 2026. The company believes Que River is emerging as a valuable stand-alone asset with near-term potential for open-pit mining and third-party processing, and is also ideally placed to potentially host digital/data infrastructure. Lithium and graphite fundamentals remain robust, with Greenwing well-placed to benefit from continuing recovery in concentrate prices. The San Jorge Lithium Project in Argentina's Lithium Triangle is one of only 23 salars in the region, with Greenwing among five companies controlling an entire salar, offering rare, strategic exposure. Graphite assets also carry critical strategic value amid rising global trade tensions and China's export controls, underscoring the importance of secure non-China supply.

Greenwing is seeking to complete scoping studies at both its San Jorge Lithium Project and Graphmada Graphite Mine in 2026, which are expected to provide guidance on the potential development pathways for these critical minerals assets.

Greenwing is positioning itself to benefit from the strong fundamentals in the lithium and graphite markets, with a focus on advancing its critical minerals projects and separating its Que River polymetallic asset to unlock value for shareholders.