Australian Strategic Materials Ltd · ASX:ASM
Australian Strategic Materials — Shareholder Meeting (November 2023)
16 slides from Australian Strategic Materials's shareholder meeting presentation, Nov 22, 2023
Slide 1: 2023 Annual General Meeting
2023 Annual General Meeting CEO Presentation Rowena Smith, Managing Director & CEO Rare Earths. 22 November 2023 Critical Minerals. High-tech Metals.
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement Forward Looking Statements This presentation contains certain statements which constitute “forward looking statements”. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “
Slide 3: ASM
ASM Building a global rare earths & critical minerals business to provide the high-tech metals needed to solve the challenges of today and the future. © 2022 p. 3
Slide 4: Management team
Management team Rowena Smith Steele Bromley Annaliese Eames Managing Director & CEO Acting CFO General Counsel & Joint CoSec Peter Finnimore Agata Krupa Chris Jordaan VP Sales & Marketing VP Risk & Corporate Services COO
Slide 5: From mine to metals
From mine to metals DUBBO PROJECT KOREAN METALS PLANT 3rd Part Oxide v > Metallising (3| Separating [al and Refining Ww NY Products im} Products Ua Metal oxides and EAC) High-tech metals mixed chlorides DALAL and alloys Shipped to Korean Metals Plant Shipped direct to » and global customers global c
Slide 6: Korean Metals Plant
Korean Metals Plant Providing an alternative integrated supply chain for high-tech metals. © 2023 p. 6
Slide 7: In production & ramping up
In production & ramping up Growing customer base NdPr metal sales to Korea NdFeB alloy sales USA Securing raw materials Production ramp-up Collaboration to Initially towards 600tpa strengthen supply chain Phase 2 expansion to 3,600tpa1 ISO 45001, 9001 & 14001 Metallisation technology Developing inno
Slide 8: Dubbo Project
Dubbo Project A unique ore body positioned to meet global demand. Nd Pr Tb Dy Zr Hf Nb © 2022 p. 8 Neodymium Praseodymium Terbium Dysprosium Zirconium Hafnium Niobium
Slide 9: A secure, sustainable source
A secure, sustainable source • 20-year life of mine based on reserves Long life of mine • Further 50 years of resource • All major approvals in place Construction ready • Land and water licences owned • Final engineering work by Hyundai Engineering Co. and Bechtel Advanced process • Developed in par
Slide 10: Delivering strong financials
Delivering strong financials Revenue1 23.5% AUD 840m Pre-tax IRR > 60% margin2 AUD 2,361 million 44% Forecast pre-tax NPV Rare Earths Zirconium Hafnium Opex AUD 425 million Niobium AUD 287m Annual free cash flow3 33% 4% AUD 1,678 million 34% 19% Capital cost estimate including contingency 1Refer: AS
Slide 11: Dubbo Project milestones & targets
Dubbo Project milestones & targets June Dec Jan 2H ’23 2H ‘26 Received $200m Awarded $10.5m Hyundai Progress bankable Complete Letter of Support grant funding Engineering Co. offtakes & strategic construction from Export from NSW began Phase 1 of partners Finance Australia government EPC Definition
Slide 12: Sustainability
Sustainability ASM wants to leave a legacy that delivers enduring benefits to the communities and regions where it operates. © 2022 p. 12
Slide 13: ESG credentials
ESG credentials Environmental Social Targeting carbon net zero by 2050 & developing our pathway Top quartile best-performing diversified metals businesses Developing innovative low emission technology & commitment to offset carbon production at KMP Indigenous engagement protecting cultural heritage
Slide 14: ASM – mine to metals
ASM – mine to metals Building an alternative supply chain Producing high-tech metals & alloys Dubbo Project construction ready Strong ESG credentials Experienced Management & Board © 2023 p. 14
Slide 15: Questions?
Questions? © 2022 p. 15
Slide 16: Thank you
Thank you asm-au.com Rare Earths. Critical Minerals. High-tech Metals.
Australian Strategic Materials — Shareholder Meeting (November 2023) on 6ix