Industrial Minerals Limited · ASX:IND
Industrial Minerals — RIU Sydney (May 2024)
20 slides from Industrial Minerals's conference presentation, May 2024
Slide 1: Unearthing Critical Minerals In Western Australia
Unearthing Critical Minerals In Western Australia May 2024 ASX:IND industmin.com
Slide 2: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement This presentation contains summary information about Industrial Minerals Ltd (IND) and is current as of the presentation date. The information in this presentation is of a general background and does not purport to be complete. This presentation is not invest
Slide 3: Developing Critical Minerals in Western Australia
Developing Critical Minerals in Western Australia High Purity Quartz (HPQ) and High Purity Silica Sand (HPSS) Defining high quality resources proximal to key infrastructure Product demand leveraged to growing solar PV and high-technology sectors Advanced projects located on granted mining leases, to
Slide 4: Corporate Snapshot
Corporate Snapshot 68.8M 8.9M Total Shares on Issue Options on Issue Ashley Pattison Alex Neuling Melanie Leighton Non-Executive Chair Non-Executive Director Non-Executive Director +20 years experience in the resource sector across establishing Chartered accountant and Geologist with +20 years $0.76
Slide 5: HPQ & HPSS: High Value, High-Tech Applications
HPQ & HPSS: High Value, High-Tech Applications Quartz Glass Solar Silica Fibre Optics, fibre optics, lamp, HPSS & HPQ are critical Ensures minimal impurities semiconductor manufacturing, minerals in the solar that degrade signal quality in liquid crystal manufacturing, PV growth industry fibre optic
Slide 6: HPSS & HPQ: Market Dynamics
HPSS & HPQ: Market Dynamics Size of HPSS Size of HPQ market and US$25.99bn market and US $1.95bn projected growth 2034 projected growth in 2034 US$16.42bn US $703.6m in 2024 in 2019 Demand Drivers HPSS: Demand Drivers HPQ: Global shortage of low iron content feedstock and increasing Increasing sales
Slide 7: End Markets By The Numbers
End Markets By The Numbers AUSTRALIA CHINA 82% A$7.8bn 50% US$428m Target for renewable Support proposed for 10 years Global Supply of Sand China is leading importer of HPQ, power by 2030 (from via production subsidies consumed by China, with market value projected to grow around 40% now) and conces
Slide 8: Global Investment in HPQ Industry
Global Investment in HPQ Industry Installed capacity of solar power generation in China increased by 55.2% to ~610 GW within a year (National Energy Administration, PRC) +60 new quartz material projects and expansions signed and completed in China across 2023 Ojing Technology signed US$350 million o
Slide 9: HPSS - HPQ Value Opportunity
HPSS - HPQ Value Opportunity QUARTZ ORE – CIF CHINA IND Product Feedback >$4,000/t Industry feedback on pricing for Hyper-HPQ (99.999%) HPQ ore delivered into China ~$800/t Ultra-High HPQ(>99.997%) ~US$500 per tonne Electronic grade quartz powder ore product. ~$500/t Price USD High HPQ (>99.99%) ~US
Slide 10: Broad Portfolio of HPQ Projects
Broad Portfolio of HPQ Projects Growing portfolio of HPQ Projects in Western Australia. Pegmatite and hydrothermal quartz rock sources proven suitable for HPQ applications. IND has 12+ months investment in identifying end markets and building a network of potential HPQ offtake partners. 10
Slide 11: HPQ Potential in the Pilbara Region, WA
HPQ Potential in the Pilbara Region, WA IND holds exclusive option to acquire 80% mineral rights at Pippingarra Quarry. Pippingarra Quarry is an active mining operation with fixed and mobile plant, site infrastructure and camp facilities. Located <40km from Port Hedland with public road access to th
Slide 12: Pippingarra HPQ Targets
Pippingarra HPQ Targets Exploration Target of 1.5-3Mt @ 97-99% SiO2 adjacent to existing pit. Initial testwork has returned low impurity results from standard HPQ flowsheet >99.994% SiO2. Further HPQ targets identified from surface mapping and historical drilling across Mining Lease. HPQ ore samples
Slide 13: Mukinbudin Quartz/Feldspar Project
Mukinbudin Quartz/Feldspar Project WAMEX records report Historic production of HPQ from quartz mineralisation up 1970s with sales to Japan. to 37m from 1m Quartz hosted in feldspar-quartz- Quartz rock chip samples mica pegmatite, similar to IND’s grading 99.97% SiO2 Pippingarra Quarry Project. Advan
Slide 14: HPQ Beneficiation Process
HPQ Beneficiation Process Ore Crush, Screen, Ore Sorting at Mine – DSO >99.95% SiO2 Purity HPQ Feedstock Option Processing Process at Mine Site Grind, Attrition, Classification, Magnetic Option Physical and Electrostatic Separation, Floatation – Size and remove macro-mineral Processing impurities Of
Slide 15: HPSS & HPQ Strategy
HPSS & HPQ Strategy Matching High Quality Resources with Minimal Transport Costs Quality Location Targeting Tier 1 quality All tenure close to HPSS & HPQ product infrastructure and port Profitability Offtake Evaluate early stage Low Continue to pursue existing offtake Capex DSO options to generate d
Slide 16: Diverse Portfolio of High Purity Silica Sand Projects
Diverse Portfolio of High Purity Silica Sand Projects Portfolio of +20 HPSS projects covers over 3,600km2 all proximal to port. Unique strategy – focus on private cleared land versus crown land. Exploration and evaluation of portfolio is ongoing. Projects on mining leases enable fast track to produc
Slide 17: Premium Low Impurity Silica Sand Specification Achieved
Premium Low Impurity Silica Sand Specification Achieved Processing testwork Samples from Stockyard and Demonstrates potential for IND to conducted in China at plant Esperance East achieved low meet high specifications with designed for beneficiating high Fe2O3 specifications with simple flowsheet, p
Slide 18: IND's Commercial Competitive Advantage
IND’s Commercial Competitive Advantage IND has spent 2+ years Advanced testwork and building a broad large portfolio of projects network of potential gives IND a strong position customers in China, to present product South Korea and Vietnam. specifications to customers. IND has relationships Ongoing
Slide 19: Critical Minerals Explorer & Developer Key Takeaways
Critical Minerals Explorer & Developer Key Takeaways Proven mine Granted Mining Leases development and enable fast track to operating team production HPQ in high demand - Very supportive right product achieves shareholder base and premium pricing tight capital structure Near-term offtake opportuniti
Slide 20: Contact Us
Contact Us Unit 38, 460 Stirling Highway Peppermint Grove, WA, 6011 Australia +61 8 6270 6316 admin@industmin.com ASX:IND industmin.com 20