Amaero accelerates growth initiatives with equipment orders

Amaero (AMROF) has executed binding purchase contracts for the Argon recycling plant and for its 4th advanced EIGA Premium atomizer, advancing the Company’s capacity expansion program and accelerating operating cost benefits. Argon Recycling Plant – Improving Economics with Earlier Benefit Realization: At the time of the A$50M Placement, Amaero estimated a total Argon plant investment of approximately A$15M and expected a 2-year schedule to design, build and commission the recycling system.1 Following value engineering of the plant scope, delivery structure, and operating model, Amaero has now contracted the system at an estimated total installed cost of ~A$6M, representing a A$9M capital saving, or ~60% reduction versus initial estimates. The system is expected to be installed by the end of calendar year 2026, with commissioning expected during 1Q CY2027, bringing forward scheduled operating expense savings by approximately 12 months relative to original guidance. Once operating, the Argon recycling system is expected to: Reduce recurring Argon consumption expense by ~80%; Materially reduce unit input costs during Amaero’s scale up period; Deliver a payback period of 2 – 2.5 years, and Support durable margin improvement against industry peers. Given Argon is a key high value part of input cost, this saving improves competitive position and reduces early period breakeven volumes. In line with previous guidance that the fourth atomizer would be pulled forward, Amaero has executed the purchase contract for its 4th EIGA Premium atomizer, with commissioning scheduled for June 2027. Amaero previously guided that it would invest ~A$72M in plant and equipment over the three-year period ending June 30, 20262. The Company has now invested ~A$57M, remains on budget and on schedule, and expects to complete the remaining investments during the period as originally planned.