Empire Metals Earnings Call Transcripts
Fiscal Year 2025
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A major titanium project has achieved a 2.2 billion tonne maiden resource, with ongoing drilling to upgrade and expand high-grade zones. Processing tests show high recoveries and product purity, positioning the project as a low-cost, low-carbon supplier. Strong funding, government support, and infrastructure underpin rapid progress toward commercialization.
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Pitfield is a world-class, high-purity titanium discovery advancing rapidly toward production, with simple, scalable processing and strong government support. Key milestones for 2025 include a mineral resource estimate, pilot plant development, and industry engagement.
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Pitfield is positioned as the world's largest titanium mineral system, with a vast resource base and strong strategic importance for aerospace and defense. Ongoing drilling, robust infrastructure, and a stable financial position support rapid development, with product samples and pilot plant planning underway. Expansion into mine development is expected within three years.