As of September 30, 2025, the Manufacturing Facility includes the following key equipment and capabilities:

• 25-tonne melting furnace with an installed capacity to produce 60,000 MTPA of stainless steel
• 30-tonne argon oxygen decarburization ("AOD") converter
• Three hot rolling mills and high-speed wire rod rolling mill with a capacity of 180,000 MTPA ("WRM")
• Two optical emission spectrometers
• Schumag drawing machines, peeling machines, and centreless grinding machines
• One hot piercing and eight high-speed pilger machines
• 11 open and one close die hammers
• One ring rolling mill with 2,000 mm diameter capacity
• CNC’s – 115 CNC machines (Okuma and Doosan make)
• VMC’s – 14 machines (nine VMC’S, three SPM’s and two radial drills)
• In-house chemical, mechanical, and physical testing laboratories

We are in the position to carry out the entire manufacturing process in-house in the manner set out below:

Our manufacturing process is fully integrated and spans melting, refining, casting, rolling, forging, piercing and precision finishing. We source stainless steel scrap and key alloying elements, including nickel and molybdenum, from global suppliers. Production commences with melting in the induction furnace, followed by refining in an AOD converter to achieve the required grade chemistry. Our metallurgical expertise and process controls at the melting and refining stages enable us to maintain precise control over temperature, chemistry and slag composition, supporting consistent quality, mechanical properties and batch-to-batch uniformity. Our in-house melt shop and refining facilities provide direct control over chemical composition and metallurgical quality, enabling faster customisation of grades and specifications. This level of integration allows our Company to reduce reliance on externally sourced billets with fixed chemistries and to respond efficiently to customer specific requirements across downstream product segments The refined metal is continuously cast into billets and blooms in accordance with size and grade specifications. Our ability to manufacture customised billets reduces the need for downstream conditioning and machining and enables us to supply products aligned with application-specific requirements. These billets and blooms serve as feedstock for hot rolling, forging and seamless tube production. Hot-rolled bars are further processed through peeling, reeling, grinding and polishing to produce precision bars and special profiles. Select billets are routed to open-die and closed-die forging, while round bars are pierced for seamless pipe and tube production and subsequently pilgered, heat-treated, pickled and finished. Our integrated operations provide process traceability and uniformity across product categories, reduce dependence on external suppliers, and facilitate efficient material movement between stages, including recycling of process scrap into the melting stage. This end-to-end manufacturing capability enables us to produce a diversified range of products, undertake customised specifications, and maintain operational flexibility across grades and sizes