Slide 1: The Ultra High Purity Kazakh Giant
THE ULTRA HIGH PURITY KAZAKH GIANT 2 8 Au g u s t 2 0 2 3 I N V E S TOR P R E S E N TATI ON 1
Slide 2: Sustainable Competitive Advantage
Sustainable Competitive Advantage Giant and exceptionally high-grade Indicated and Inferred Mineral Resource of 229 Mt @ 28.9% TGC1 with low mining costs. Ultra-high-purity of 99.99% TGC2 achieved by flotation, alkaline roasting and thermal purification, far exceeds battery grade. Kazakhstan is an e
Slide 3: The Project - Mineral Resource and Preliminary Mine Layout
The Project - Mineral Resource and Preliminary Mine Layout Zone JORC1 In-Situ Total Contained (>15% TGC) Classification Tonnage Graphitic Graphite (Mt) Carbon (Mt) (TGC %) North Indicated 87 29.1 25 Inferred 81 29.6 24 Total 168 29.3 49 Central Indicated 39 28.1 11 Inferred 21 26.9 6 Total 60 27.7 1
Slide 4: The Project - Grade is King
The Project - Grade is King A Hypothetical Mine A Mine B Grade 10% 30% Strip Ratio 3:1 1:1 Process, Product same same Mining Costs $ 6X $X Processing Costs $ 3Y $Y B This example is hypothetical only and provided to illustrate the effect of grade and strip ratio on mining economics. There are many o
Slide 5: The Project - Ultra High Purity Graphite Flowsheet
The Project - Ultra High Purity Graphite Flowsheet Grinding & Purification Mining Alkaline Roasting Spheroidization Battery Market Flotation Options Acid 99.87% TGC3 Thermal 229 Mt @ 28.9% TGC1 85.1% TGC2 99.70% TGC3 99.95% TGC 99.99% TGC4 • Sarytogan has now demonstrated graphite purification to ul
Slide 6: The Project - Global Test Work Excellence
The Project – Global Test Work Excellence Thermal Engineering Chemical Exploration Thermal Physical Batteries Sarytogan is a global business working with experts in every field to scale up metallurgical and battery test-work to deliver a Pre-Feasibility Study in 2024 Flotation Engineering 6
Slide 7: Kazakhstan – Mining on the One Belt, One Road
Kazakhstan – Mining on the One Belt, One Road Mining in Kazakhstan • Similar semi-arid land area to West. Aust. • Mining code based on West. Aust. • 40% of global uranium supply1 • 12th in global mining value1 • 13th largest oil producer1 Astana Corporate income tax: 20%; mineral royalty: 3.5%; othe
Slide 8: Kazakhstan - Regional Infrastructure Advantages
Kazakhstan - Regional Infrastructure Advantages 170km by highway to the large industrial city of Karaganda. 6km from bitumen road to project. 68km from nearest railway station. Sufficient water supply available. Skilled local workforce. 8
Slide 9: Kazakhstan - Lowest Quartile Power Costs Including Renewables
Kazakhstan - Lowest Quartile Power Costs Including Renewables • Kazakhstan’s power cost is in the lowest quartile globally • 110 kv powerline 2 km from the project (pictured) • 35 kv powerline 15 km from the project • 50 MW Solar farm is 100 km from the project (pictured) Electricity Costs for Busin
Slide 10: The Market - Graphite is the major raw material in all EV battery types
The Market - Graphite is the major raw material in all EV battery types • Graphite is the major raw material in EV batteries. • The EV battery anode is always graphite, regardless of battery chemistry. • Silicon is limited to 5% as any anode performance gains are not matched on the cathode 10
Slide 11: The Market - Natural Graphite vs Synthetic Graphite
The Market - Natural Graphite vs Synthetic Graphite Active Anode Blend 100% • Natural graphite has been created by geological forces over millennia. 80% • Synthetic graphite requires expensive and CO2 intensive treatment of fossil fuel by-products. 60% • China has rapidly expanded synthetic graphite
Slide 12: The Market – 6.5X Natural Graphite Growth Forecast
The Market – 6.5X Natural Graphite Growth Forecast 12 Source: Benchmark Mineral Intelligence
Slide 13: The Market – Flake and Sphere Size
The Market – Flake and Sphere Size Graphite Product Prices • Traditional industrial uses requires coarse flake graphite (e.g. refractory USD 3,000 uses, brake linings, lubricants etc) • Li-ion batteries require ultra-fine high- USD 2,000 purity spherical graphite (example below) USD 1,000 USD 0 Coar
Slide 14: Exploration - Kenesar Graphite Project
Exploration - Kenesar Graphite Project Drilling underway testing EM anomalies attributed to graphite undercover 14
Slide 15: Pre-Feasibility Study Work Program
Pre-Feasibility Study Work Program Milestone 2022 Mar 23 Jun 23 Sep 23 Dec 23 2024 Drilling – 3,000m HQ DD ✓ Mineral Resource upgrade ✓ Land access agreement for mining ✓ Geotech and hydro drilling Bulk flotation concentrate production ✓ Spheroidization tests Battery performance tests Pre-feasibilit
Slide 16: Corporate Overview and Value Proposition
Corporate Overview and Value Proposition Capital Structure Stephen Penrose Non-Executive Chairman, LLB, J.D., Lawyer and Managing Partner of Tottle Partners, specialising in corporate Shares on Issue (Undiluted) 147.7M and commercial litigation. Escrowed Shares (until July 2024) 48% Sean Gregory Man
Slide 17: Contact Sean Gregory
CONTACT Sean Gregory Managing Director E: admin@sarytogangraphite.com.au W: www.sarytogangraphite.com.au +61 08 9388 8290 17
Slide 18: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement Important Disclaimer Neither this Presentation nor anything contained in it forms the basis of any contract or commitment and it is not You must read this notice before reading or making any use of this Presentation (defined below) or any intended to induce any pers