Jupiter Mines Limited (ASX.JMS) (Jupiter or the Company), following a comprehensive strategic review of its environment and opportunities, is pleased to present the accompanying Company Strategy.

The strategy outlines the Company's five year plan to become the leading manganese producing company in the world, with a reputation for reliability, responsibility and robust returns.

The Company will host a webinar to present, and answer questions in relation to, the Company Strategy in the coming months.

This announcement has been authorised for release by the Board of Directors of Jupiter Mines Limited.

Contact:

Peter Kermode

Tel: +61 411 209 459

Email: pkermode@canningspurple.com.au

About Jupiter Mines Limited

Jupiter Mines Limited (ASX: JMS) is a pure-play manganese company listed on the ASX. Well-led and headquartered in Perth, Western Australia, Jupiter's core asset is a 49.9% stake in Tshipi e Ntle Manganese Mining, an independently operated and managed, black-empowered company that operates the Tshipi Borwa manganese mine in South Africa's Kalahari region. Tshipi Borwa is one of the world's largest and lowest-cost manganese export operations and has been in production since 2012. Jupiter has a track record of returning value to shareholders, including through regular dividends, and a strategy to grow its exposure to manganese, a key metal used in steel and - increasingly - in the renewable energy space.

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