MC MINING LIMITED INCORPORATED IN AUSTRALIA

MC MINING LIMITED INCORPORATED IN AUSTRALIA Organogram

MC Mining Ltd focuses on the acquisition, exploration, and development of thermal and metallurgical coal projects in South Africa.\r\n\r\nThe group\'s principal coking and thermal coal assets and projects include:\r\n• Vele Aluwani Colliery (100%) - Located at Tuli Coalfield, Limpopo province produces semi-soft coking and thermal coal through opencast mining, has 333 employees, and 10.0mt mineable tonnes in situ for the remaning period of the outsourcing agreement only, over 792m Gross tonnes in situ. Construction is anticipated to commence in H1 CY2024, funding dependent.\r\n• Makhado Project (67%) - Located at Soutpansberg Coalfield, Limpopo province, produces steelmaking hard coking coal through opencast mining, has 31 employees (650 expected when in full production), and has 344.8 mineable tonnes in situ.\r\n• Greater Soutpansberg Project (comprises Chapudi, Generaal and Mopane Projects, for which mining rights have been granted) (74%) - Located at Soutpansberg Coalfield, Limpopo province, produces coking and thermal coal through opencast and underground mining and has an estimated 1 billion mineral tonnes in situ. Currently, the project is in early-stage exploration.\r\n• Uitkomst Colliery (84%) - Located at Utrecht Coalfield, KwaZulu-Natal, produces steelmaking (pulverised coal injection) and API4 thermal coal through underground operation with planned life-of-mine (LoM) extension, has 552 employees and has 22.2 mineable tonnes in situ.