Anglo Pacific Group PLC Announces West Musgrave Final Investment Decision LONDON, UK | ACCESSWIRE | September 23, 2022 | Anglo Pacific Group PLC (the "Group" or "Anglo Pacific") (LSE:APF)(TSX:APY) notes the press release issued by OZ Minerals earlier today ( https:||bit.ly|3R72uKo ) announcing that it has made a Final Investment Decision on the West Musgrave copper-nickel project in Australia. Anglo Pacific has a 2.0% net smelter royalty interest over the West Musgrave project. The highlights of the announcement were: First production targeted for H2 2025 Processing capacity increased from 12.0 Mtpa to 13.5 Mtpa through mine planning and plant optimisation Average annual production ~35,000 tpa nickel, ~41,000 tpa copper in the first five years. Average annual production ~28,000 tpa nickel and ~35,000 tpa copper over a 24-year operating life 1 Bottom quartile C1 cost of ~ US$0.50|lb (Ni payable net of by-product credit) and ~US$(1.10)|lb (Cu payable net of by-product credit) One of the largest fully off-grid, hybrid renewable powered mines in the world with an initial ~80% renewable power contribution 2 Marc Bishop Lafleche, CEO of Anglo Pacific Group commented: "West Musgrave is everything we look for in a royalty acquisition, a high quality project and operator in a recognised mining jurisdiction with strong sustainability credentials.