Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Shareholder Meeting (October 2019)
15 slides from Pls's shareholder meeting presentation, Oct 16, 2019
Slide 1: Corporate Presentation - General Meeting of Shareholders
Corporate Presentation For personal use only General Meeting of Shareholders University Club of Western Australia Wednesday 16 October 2019 ASX: PLS
Slide 2: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara”) and is dated 16 October 2019. This document is provided for informational purposes and does not constitute or contain an offer, invitatio
Slide 3: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement U.S. Securities Laws Any securities issued by Pilbara have not been and will not be registered by Pilbara under the United States Securities Act of 1933 (“U.S. Securities Act”). Accordingly, such securities may not be offered or sold in the United St
Slide 4: Pilgangoora Lithium-Tantalum Project
Pilgangoora Lithium-Tantalum Project One of the largest spodumene-tantalite resources in the world For personal use only • Production ramp up well advanced • 11 shipments with 13 cargoes of spodumene concentrate during FY19 • Products shipped ‐ ~6% spodumene concentrate ‐ +5% tantalite concentrate •
Slide 5: Exceptional growth opportunity
Exceptional growth opportunity A clear expansion pathway to meet customer growth requirements over time UPSTREAM DOWNSTREAM For personal use only STAGE 1: 2MTPA STAGE 2: 5MTPA STAGE 3: 7.5MTPA* POSCO JV STAGE: STAGE: STAGE: STAGE: STAGE: Operations DFS and conditional FID complete Proposed subject t
Slide 6: Hard rock lithium supply: key to future battery production
For personal use only Hard rock lithium Lithium raw materials supply: key to future Hard rock mining Brine operations battery production BATTERY SUPPLY CHAIN Spodumene concentrate Lithium carbonate Its ability to be directly converted into lithium hydroxide makes hard Lithium hydroxide rock supply m
Slide 7: Lithium battery technology
7 Lithium battery technology Increased energy density and performance will make high nickel For personal use only cathode batteries the technology of the future Cathode Main Main Applications Lithium Lithium material advantage disadvantage content material Nickel Safety High cycle HEV 7% Lithium man
Slide 8: Chinese lithium market
Base subsidy determined by electric vehicle demand Chinese lithium market For personal use only Changes to government subsidy in 2019 • Subsidy regime for new Comparison of NEV subsidies in 2018 and 2019 energy vehicles (NEV) adjusted • NEVs with longer range to receive subsidies • Subsidies removed
Slide 9: Car manufacturers to drive high quality battery demand
Car manufacturers to drive high quality battery demand For personal use only LONG TERM CONTRACTS MAJOR COMMITMENTS “Over the next 10 years VW will be launching 70+ new 10+ year battery supply agreement LG Chem and pure EVs….” CATL (VW) “The future of Volvo is electric and we are firmly committed 10-
Slide 10: Proposed POSCO JV
Proposed POSCO JV Very important strategic relationship with POSCO for participation in For personal use only the rapidly developing South Korean lithium ion battery market • Up to 30% JV in chemical conversion facility in South Korea with the capacity of 40ktpa (LCE basis) • Facility to apply Posco
Slide 11: Who is CATL?
Who is CATL? For personal use only China’s largest battery manufacturer for EVs • Listed on the Shenzhen stock exchange with market cap ~US$22bn1 and available cash of US$4.7bn2 • Three battery manufacturing facilities in China, two main R&D centres in China and Germany, 24,000 staff globally • Annu
Slide 12: CATL strategic benefits
CATL strategic benefits New strategic relationship with a strong, experienced, global partner For personal use only Combines CATL’s downstream battery and market expertise with Pilbara Minerals’ expertise in upstream lithium mining operations Further diversifies Pilbara Minerals’ strategic sharehold
Slide 13: Well positioned post placement
Well positioned post placement Focus on reaching Stage 1 nameplate capacity and developing For personal use only the 40ktpa lithium hydroxide conversion facility with POSCO • Strong balance sheet and enhanced financial flexibility • Supports ramp-up to name-plate capacity to achieve target operating
Slide 14: Produce, Grow, Diversify
PRODUCE GROW • Achieve annual nameplate • Increase mine life through exploration production capacity • Complete studies and secure funding 330,000dmt of high-quality 6% for incremental Stage 2 expansion. For personal use only spodumene concentrate and 300,000lbs of tantalite • Commence incremental p
Slide 15: pilbaraminerals.com.au
For personal use only ASX: PLS pilbaraminerals.com.au Follow us on
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