Renascor Resources Ltd · ASX:RNU
Renascor Resources — Shareholder Meeting (November 2021)
28 slides from Renascor Resources's shareholder meeting presentation, Nov 30, 2021
Slide 1: Annual General Meeting Managing Director's Presentation
For personal use only Renascor Resources Annual General Meeting Managing Director’s Presentation 30 November 2021 David Christensen Managing Director
Slide 2: Section 1: Executive Summary
Section 1: For personal use only Executive Summary
Slide 3: Renascor's Strategy
Renascor’s Strategy We aim to become a global leader in the supply of sustainable, For personal use only 100% Australian-made battery anode material Stage 3 Stage 2 Stage 1 Full Renascor Potential • Further expansion of mine and Purified Spherical Graphite manufacturing capacity Expand Manufacturing
Slide 4: Highlights
Highlights For personal use only ▪ Ethically- Electric Vehicle growth is driving annual increases of 29% in demand for Purified Spherical Graphite (PSG) for lithium-ion battery anodes. sourced and ▪ Renascor’s Siviour Graphite Deposit in South Australia is the world’s second largest Proven Reserve o
Slide 5: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Capital Structure For personal use only Share Chart – ASX code: RNU 0.180 300 Shares on issue (24 Nov 2021) 1,889M 0.160 Volume (Million Shares) Share Price (A$/share) 250 0.140 Listed Options (24 Nov 2021) 153M 0.120 200 0.100 150 Performance rights (24 Nov 20
Slide 6: Renascor's Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation consisting of a Mine and Concentrator plus a downstream For personal use only manufacturing operation to produce PSG via eco-friendly chemical purification route for sale t
Slide 7: Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market For personal use only
Slide 8: Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event
Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event Electric vehicle adoption is creating unprecedented global demand for batteries. For personal use only Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 8
Slide 9: Anode and Graphite Demand are Directly Linked to Battery Growth
Anode and Graphite Demand are Directly Linked to Battery Growth Graphite is the fundamental raw material in lithium-ion battery anodes. For personal use only EV sales as share of total cars Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 9
Slide 10: Purified Spherical Graphite Demand Growth
Purified Spherical Graphite Demand Growth The projected growth rate in the demand for Purified Spherical Graphite will put graphite mining and For personal use only graphite refining under increasing pressure to expand supply to meet demand. EV sales as share of total cars Proportion of graphite con
Slide 11: Graphite Prices Are Increasing
Graphite Prices Are Increasing The prices of Purified Spherical Graphite (PSG) and Graphite Concentrates are rising For personal use only +40% +10% over last month over last year PSG prices are up +10% in the last Graphite Concentrate prices are up over 10% month and 40% over the past year in the la
Slide 12: Global Anode Supply is Centered in Northeast Asia
Global Anode Supply is Centered in Northeast Asia China, Japan and South Korea will remain the center of anode production in the near-term before For personal use only expanding over time into European, US and other markets. EV sales as share of total cars Future supply Current Production Future sup
Slide 13: China Currently Controls 100% of the Market for Purified Spherical Graphite
China Currently Controls 100% of the Market for Purified Spherical Graphite All anode producers (including manufacturers in South Korea and Japan) are currently dependent For personal use only on China for Purified Spherical Graphite. PSG 100% PSG 100% Siviour PSG Renascor Resources Ltd | ASX: RNU r
Slide 14: Section 3: The Siviour Battery Anode Material Project
Section 3: For personal use only The Siviour Battery Anode Material Project
Slide 15: Mine to Market Supply Chain Security
Mine to Market Supply Chain Security South Mine to Market supply chain located from South Australia Potential Australia For personal use only PSG Facility lowers lowers logistics costs and ensures security of supply. . Port Augusta locations ▪ Renascor’s vertically integrated operation offers global
Slide 16: The Siviour Graphite Deposit is World-Class
The Siviour Graphite Deposit is World-Class Global Graphite Proven Reserves1 Siviour is unique - in both its near-surface, flat-lying For personal use only orientation and its scale as one of the world’s largest Global Graphite Proven Reserve1 graphite Reserves. ▪ The deposit is flat, shallow and la
Slide 17: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production For personal use only Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Source: Benchmark Mineral Intelligence. Renascor Resources Ltd | ASX: RNU renascor.com.au 17
Slide 18: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical Integration underpins low-cost PSG production. For personal use only ▪ Graphite Concentrate feedstock a significant cost input to the PSG manufacturing process. ▪ Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate fee
Slide 19: Battery Anode Material Study Results – Stage 1 PSG Production
Battery Anode Material Study Results – Stage 1 PSG Production1 Low graphite concentrate feedstock costs drives Renascor’s low For personal use only PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual
Slide 20: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials ▪ South Australia is a Tier-1 jurisdiction with low sovereign risk and a Socially For personal use only robust and transparent regulatory framework. ▪ South Australia’s Minister for Energy and Mining granted a responsible Mineral Lease for
Slide 21: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only ❑ POSCO: Non-binding MOU with POSCO for the purchase of 20,000tpa to 30,000tpa of PSG. ❑ This potentially represents up to 100% o
Slide 22: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only ❑ Minguang: First stage product qualification achieved with Chinese anode company Minguang as part of non-binding PSG Off
Slide 23: Australian Government Support
Australian Government Support ▪ ”Major Project Status” awarded by Australian Government. For personal use only ▪ Identified by Australian Government as a “Selected Australian critical minerals project”. ▪ Mineral Lease grant by South Australia’s Minister for Energy and Mining in Siviour April 2019.1
Slide 24: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers ▪ Siviour Battery Anode Material Project: For personal use only ▪ Advancing to binding offtakes with existing offtake and potential new offtake partners. ▪ Increasing demand has led Renascor to bring forward feasibility work on potential Stage 1 e
Slide 25: Renascor Resources Limited
Renascor Resources Limited 36 North Terrace For personal use only Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: 25
Slide 26: Appendix
For personal use only Appendix
Slide 27: Siviour Mineral Resources and Ore Reserves
Siviour Mineral Resources and Ore Reserves For personal use only Mineral Resource Estimate (April 2019)1 Category Tonnes (Mt) Grade (% TGC) Graphite (Mt) Measured 15.8 8.8% 1.4 Indicated 39.5 7.2% 2.8 Inferred 32.1 7.2% 2.6 Total 87.4 7.5% 6.6 Ore Reserve Estimate( July 2020)2 Category Tonnes (Mt) G
Slide 28: Forward Looking Statements
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
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