MPD Congo

Ticker: AIM:ZIOC

Website: www.zanagairon.com

Project Location : Republic of Congo (Congo-Brazzaville)

Commodity : Iron Ore

Company Overview MPD Congo is an iron ore exploration and development company incorporated in the Republic of Congo. Its core asset is the Zanaga Iron Ore Project, located in the Lekoumou Department. MPD Congo is a 100% subsidiary of Zanaga Iron Ore Company Limited (ZIOC), listed on AIM since November 2010.

Since March 2025, ZIOC has welcomed several new strategic investors: Arise IIP, Greymont Bay LLC, Gulf Iron and Steel, and Sir Mick Davis.

In parallel, a new ore sale agreement has been signed with Gulf Iron and Steel.

The Zanaga Iron Ore Project:

• Total Resource: 6.9 billion tonnes

• Ore Reserve: 2.1 billion tonnes

• Planned Production: 30 Mtpa of high-grade DRI pellet feed

The Project is structured as a staged development to optimise capital efficiency and reduce execution risk: Stage One: 2 Mtpa initial operation

Stage Two:

• Additional 18 Mtpa

• Total production: 30 Mtpa of premium quality iron ore

• Mine life: 30 years Transportation to port will be through a slurry pipeline, ensuring a low-cost, reliable solution for both stages.

Government Approvals Secured The Project benefits from having already obtained:

• Mining Licence

• Environmental Permit

• Mining Convention All granted by the Government of the Republic of Congo.