#interimfinancialreport

Impact Minerals Ltd (ASX: IPT) has released its Interim Financial Report, highlighting continued progress across its critical minerals portfolio—headlined by key milestones at the Lake Hope High Purity Alumina (HPA) Project in Western Australia, alongside ongoing exploration for nickel, copper, gold and PGM across priority tenements.

💸 Key Highlights from the Interim Report:

✅ Strong progress towards earning an 80% interest in Lake Hope HPA Project ✅ Maiden Measured Resource: 730,000t @ 25.8% Al₂O₃ – supports an initial 15-year mine life ✅ $2.87 million Federal Government Grant secured for pilot plant development (with CPC Engineering & Edith Cowan University) ✅ Mining Lease and Miscellaneous Licence applications lodged ✅ Kwinana selected for 10,000tpa HPA Process Plant – strategic location with capex/opex efficiencies ✅ Low-Temperature Leach process confirmed as preferred pathway for scalable HPA production

📌 Strategic and Operational Updates:

✅ Land Access & Cultural Heritage agreement signed with Ngadju people ✅ Testwork progressing on HPA and by-products, with marketing and offtake discussions underway ✅ New Marketing Manager appointed to lead customer and industry engagement ✅ Experimental hydrated alumina product showing potential in flame retardants and catalysts

🧭 Exploration Projects:

Arkun Nickel-Copper-PGM Project (WA) → Expanded soil sampling & drill targeting at Caligula and Beau prospects → $180,000 WA Government EIS co-funding secured → Drilling planned for Q1/Q2 2025

Commonwealth Base Metals Project (NSW) → Burrendong Minerals IPO launched; IPT shareholders entitled to $2 million in priority allocation

📊 Financial Snapshot:

→ Net assets: $12.54 million (as at 31 Dec 2024) → Cash and equivalents: $1.2 million

🌍 Investor Outlook:

Impact’s interim results reflect prudent cost management, strong government support, and ongoing technical advancements at Lake Hope—reinforcing the Company’s strategy to become a key supplier of High Purity Alumina, while leveraging exploration upside in battery and critical metals. Upcoming catalysts including reserve definition, pilot plant development and drilling programs offer potential for significant value uplift.

Current Share Price: $0.0070 (ASX: IPT)

🔗 Read the full Interim Financial Report: https://impactminerals.com.au/announcements/6861327