Aterian Plc · LSE:ATN
Aterian — Investor Presentation (April 2023)
36 slides from Aterian's investor presentation, April 2023
Slide 1: Unlocking the Potential of Critical & Strategic Metals in Africa
APPENDICES Unlocking the Potential of Critical & Strategic Metals in Africa Corporate Presentation H1 2023 LSE : ATN Private & Confidential 1
Slide 2: Disclaimer
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Disclaimer Management Team The information contained in this confidential document (“Presentation”) has been prepared by Aterian plc (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. This P
Slide 3: Overview
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Team Overview Large portfolio of critical and strategic Standard Listing on the LSE for Ethical exploration, development and trading metals in Morocco and Rwanda greater liquidity and shareholder of critical & strategic metals across Africa reac
Slide 4: Board & Management Team
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Board & Management Team Team Wide in-house Expertise and Experience: CHARLES BRAY SIMON ROLLASON LUKE ROGERS GRAHAM DUNCAN Chairman CEO & Director COO CFO Experience primarily focused in Simon has 30 years of Luke has over 14 years of Graham is
Slide 5: Strategy - From Exploration to Trading
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Strategy - From Team Exploration to Trading Aterian PLC 5
Slide 6: Critical & Strategic Metals
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Critical & Strategic Metals Critical and strategic raw material production and their supply is economically and strategically important globally ESSENTIAL FOR A GREEN FUTURE Secure and sustainable supply required by critical and strategic sectors, such as
Slide 7: Delivering Critical & Strategic Metals with Low Impact
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Delivering Critical Team & Strategic Metals with Low Impact It is our responsibility and in our long-term interests to be a responsible investor Integrating ESG in investment decision-making and active ownership practices CONFLICT MINERAL POLICY
Slide 8: Morocco
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Morocco Tier One Investment Destination Aterian PLC 8
Slide 9: Morocco – Emerging African Mining Powerhouse
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Morocco – Emerging African Mining Powerhouse ATERIAN PORTFOLIO ESTABLISHED MINING INDUSTRY SUPPORTIVE GOVERNMENT 762 Attractive mining code and strong governmental 15 2nd 70%+ backing behind a developing mining industry Aterian mineral km² largest of Afric
Slide 10: Morocco – Strong Copper-Silver Portfolio
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Morocco – Strong Copper-Silver Portfolio 15 highly prospective exploration projects in Morocco Primarily targeting COPPER in addition to Ag, Sn, Zn, Pb, and Au Most projects are located close to historic and ongoing mining operations Projects located prima
Slide 11: Work Plan - Advance and Develop Key Copper Projects
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Work Plan - Advance and Develop 3 Key Copper Projects Located in the highly prospective Anti-Atlas mountain range which hosts numerous world-class mineral deposits, including: Imiter Ag mine (131 Moz at 500 g/t Ag) | Bouazzer Co mine (16 Kt at 1.0 % Co) |
Slide 12: AGDZ – Copper & Silver Potential
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES AGDZ – Copper & Silver Potential Land package of 34.36 km² located in the prospective Eastern Anti-Atlas of Morocco Mapping, rock chip sampling, ground geophysics and reconnaissance trenching completed to date Located in an active mining district, 14 km fr
Slide 13: AGDZ – Known Copper-Silver Prospects
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES AGDZ – Known Copper-Silver Prospects AMZWARO PROSPECT - Multiple zones up to 2 km long and 200 m wide - Individual alteration zones up to 33 m in width - Results include rock chip grades of 4.82 % Cu, 189 g/t Ag and 1.91 g/t Au Trenching at Amzwaro MINIERE
Slide 14: Rwanda
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda The Home of Critical and Strategic Metals Aterian PLC 14
Slide 15: Rwanda – A Near-Term Low-Cost Opportunity
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda – A Near-Term Low-Cost Opportunity ONE OF THE WORLD’S LARGEST 16% PRODUCERS OF TIN, TUNGSTEN AND of global TANTALUM tantalum >3,000ha production prospective from Rwanda for critical & (2020) strategic VOTED 2020 TOP REGIONAL MINING metals LOCATION D
Slide 16: Rwanda Business Model
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda Business Model Near-term revenues from Mine Development and Trading to fund future exploration – An integrated, sustainable business model STRATEGY GROWTH MODEL Focus on LOW COST/LOW CAPEX and SHORT LEAD-IN revenue producing Project pipeline growth
Slide 17: Rwanda – Southern Exploration Targets
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda – Southern Exploration Targets 2 partnerships with projects covering 22 pegmatite occurrences identified, 3,150 hectares in southern Rwanda areas are not fully explored and more discoveries anticipated Highly prospective region for rare metal pegmat
Slide 18: Summary
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Summary Aterian PLC 18
Slide 19: Summary
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Summary NEW MOROCCAN Cu-Ag (+ POLY-METALLIC) PROJECTS ACQUIRED Multi-commodity & multi-jurisdiction LARGE PORTFOLIO Opportunity for investors to participate in multiple discoveries LISTED ON THE STANDARD SECTOR OF THE LSE Greater liquidity and shareholder
Slide 20: Contacts
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Contacts 27-28 Eastcastle Street, London W1W 8DH, United Kingdom info@aterianplc.com www.aterianplc.com Aterian PLC 20
Slide 21: Appendices
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendices Aterian PLC 21
Slide 22: Appendix: Copper – Positive Long-Term Outlook
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: Copper – Positive Long-Term Outlook EV sales approaching 40 million in 2030, requiring 2 Mt of additional copper Near-term oversupply but structural deficit remains FUNDAMENTAL Use in energy generation, transmission infrastructure, energy storage
Slide 23: Appendix: Copper – Positive Long-Term Outlook
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: Copper – Positive Long-Term Outlook Theoretical Copper Supply Gap is forecast at 3.5 Mt by 2030 Aterian PLC 23
Slide 24: Appendix: Greener Metals
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: Greener Metals ROAD TO DECARBONISATION • Growth in renewable energy and electric vehicle sectors needed to reduce greenhouse gas emissions. • New green sectors extremely mineral intensive, relying on a small number of key metals. • Mining compani
Slide 25: TATA & AZRAR – Sedimentary hosted copper
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES TATA & AZRAR – Sedimentary hosted copper Aterian PLC 25
Slide 26: HCK JV – Targets Ready for Evaluation
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES HCK JV – Targets Ready for Evaluation 18 zones of potentially mineralised pegmatite host rock discovered during exploration and prospecting The main target, HCK-1 is mapped following a NW trending ridge, with the strike extending c. 2,500 m Up to 100 m wid
Slide 27: Dynasty JV – Targets defined
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Dynasty JV – Targets defined 400 Hectare licence adjacent to HCK JV 4 key zones of tantalum-bearing pegmatite identified to date Multiple pegmatites at each zone with thin overburden cover Potential for multiple mineralised systems of rare metal-hosting pe
Slide 28: Kuaka JV – Musasa Project
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Kuaka JV – Musasa Project Upside through additional evaluation Sampling the Kassava Pegmatite 85 % JV and Operating Agreement No previous mechanical mining or modern processing Over 200 small artisanal workings, some extending to +80 m depth 5 main target
Slide 29: Metal Trading
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Metal Trading Tin, tungsten, tantalum (3Ts) trading in Great Lakes Region Rwanda exports 16% of global tantalum market, with Kigali a regional hub for 3Ts trading Aterian holds Rwandan metal Trading License allowing purchase & export of all 3T metals ITSCI
Slide 30: Appendix: AGDZ – Miniere Prospect Historic Mining
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – Miniere Prospect Historic Mining Aterian PLC 30
Slide 31: Appendix: AGDZ – Amzwaro & Makarn Prospects
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – Amzwaro & Makarn Prospects Aterian PLC 31
Slide 32: Appendix: AGDZ – IP Gradient Array Survey
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – IP Gradient Array Survey Aterian PLC 32
Slide 33: Appendix: AGDZ – IP Gradient Array Survey
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – IP Gradient Array Survey Aterian PLC 33
Slide 34: Appendix: TATA and AZRAR
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: TATA and AZRAR Aterian PLC 34
Slide 35: Appendix: HCK
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: HCK 1 Typical HCK Kaolinised Pegmatite Tantalum-Niobium (Coltan) Crystals Abandoned Artisanal Mine Workings on HCK-1 Aterian PLC 35
Slide 36: Corporate Structure
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Corporate Structure Aterian Plc 100% Eastinco ME Ltd (UK) 100% 100% Aterian Resources Ltd Eastinco Ltd Metal Trading Division (UK) (Rwanda) (in start-up) 100% Atlantic Minerals Ltd 70% Kinunga Mining Ltd (Seychelles) HCK JV • 2,750 hectares • 18 large pegm