Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Noosa Mining Conference 2021
18 slides from Andromeda Metals's conference presentation, Nov 11, 2021
Slide 1: Great White Kaolin Project
Great White Kaolin Project Eyre Peninsula, South Australia Nov 12, 2021 ASX:ADN An emerging industrial minerals producer andromet.com.au with numerous potential value chains 1
Slide 2: Corporate overview
Corporate overview ASX:ADN| andromet.com.au $0.50 90 Board members $0.45 80 • Rhod Grivas $0.40 70 Non-Executive Chairman $0.35 60 • James Marsh $0.30 50 Managing Director $0.25 40 • Joe Ranford $0.20 30 Operations Director $0.15 20 $0.10 • Andrew Shearer 10 Non-Executive Director $0.05 $0.00 0 • Me
Slide 3: Acquisition of Minotaur: Transaction Summary
Acquisition of Minotaur Transaction Summary ASX:ADN| andromet.com.au Andromeda and Minotaur to combine and create a leading Australian industrial minerals and technology company Andromeda Pro-Forma Ownership Minotaur, • Andromeda to acquire Minotaur via an unanimously recommended off-market, all scr
Slide 4: Acquisition of Minotaur: Key Benefits
Acquisition of Minotaur Key Benefits for Andromeda and Minotaur Shareholders ASX:ADN| andromet.com.au First Commercial Products to Market by late 2022 • Accretive Transaction – Increases Andromeda shareholders’ effective equity interest in Great White and Natural Nanotech and provides Minotaur share
Slide 5: Andromeda's core assets
Andromeda’s core assets ASX:ADN| andromet.com.au KAOLIN and HALLOYSITE-KAOLIN Great White JV (75% ADN:25% MEP) Mount Hope 100% All in South Eyre Kaolin 100% Australia >100Mt of JORC Resources1,2,3,4 Legacy Project Assets • Alford Copper JV - SA • Wudinna Gold JV - SA • Drummond Gold Project - QLD Na
Slide 6: Great White Kaolin Project
Great White Kaolin Project Primary project focus – Halloysite-Kaolin ASX:ADN| andromet.com.au Primary Project Focus – Halloysite-Kaolin • Operations scheduled to start in 2022 • Legally Binding Offtakes underpinning the business • Current demand exceeding initial planned production • Located close t
Slide 7: Binding off-takes in place
Binding off-takes in place Initial business already underwritten ASX:ADN| andromet.com.au Ceramic Product (Great White CRM™) Fired Brightness Off The Scale • Binding Offtake signed for 5,000t/pa with Japanese customer @ A$700/t Paint Product (Great White PRM™) World Class Performance • Binding Offta
Slide 8: New concrete application
New concrete application Halloysite rheology modifier (HRM™) in construction products ASX:ADN| andromet.com.au Potential Benefits • Carbon footprint reductions • Cost reductions • Performance improvements • Handling improvements • Safety improvements Commercial testing and bulk Only 1kg in 3 tonnes
Slide 9: Halloysite & Nanotechnology
Halloysite & Nanotechnology ASX:ADN| andromet.com.au • Most researched clay mineral in the world • Use only constrained by supply shortage • The Natural Nanotech is spending >$1M/pa on R&D leading to commercialisation Carbon Dioxide Batteries & Super- Water Purification Capture/Storage & Capacitors
Slide 10: Pilot Plant to Demonstrate Carbon Capture & Conversion Commerciality
Pilot Plant to Demonstrate Carbon Capture & Conversion Commerciality ASX:ADN| andromet.com.au Bulk production facility has been established at the Newcastle Institute for Energy and Resources Large-scale CO2 capture plant scheduled for Dec 2021 installation Demonstration plant will prove the scalabl
Slide 11: High purity alumina project
High purity alumina project ASX:ADN| andromet.com.au • High Purity Alumina (HPA) is recognised as a key component in the Lithium-Ion Battery supply chain • Annual demand is set up to quadruple between 2020 and 2028 causing a significant shortfall in supply • Current 4N purity (99.99%) HPA pricing is
Slide 12: Alford Copper Project
Alford Copper Project In Situ Recovery (ISR) ASX:ADN| andromet.com.au • Environmental Copper JV with EMR1 sole funding $4 million to earn 51%2 • Defined Resource of 66.1Mt @ 0.17% copper containing 114kt of copper (Mining Plus3) • Additional Exploration Target of 158-190Mt @ 0.18 - 0.23% copper defi
Slide 13: What's next?
What's next? What’s on the horizon for Andromeda ASX:ADN| andromet.com.au First Commercial Products anticipated to Market by late 2022 • Complete Minotaur acquisition • Sell the Phase 1 processing plant capacity 100% out • Release Definitive Feasibility Study • Complete Bankable Feasibility Study an
Slide 14: Key takeaways
Key takeaways Andromeda has one A high value industrial Global demand is of the world's largest mineral selling into a increasing, and supply resources of its type low volatility market is decreasing Simple business model Huge potential in new Low Capex project and short with low impact mining appli
Slide 15: Thank you
Thank you James Marsh Managing Director james.marsh@andromet.com.au ASX:ADN andromet.com.au 15
Slide 16: Cautionary Statements
STATEMENTS Cautionary Statements The preliminary feasibility study (Pre-Feasibility Study, PFS) referred to in this announcement has been undertaken to study a range of options to produce high-quality halloysite-kaolin product from the Kaolin Resource at Poochera in South Australia in order to provi
Slide 17: JORC Resource Reference Tables 1
JORC Resource Reference Tables 1
Slide 18: JORC Resource Reference Tables 2
JORC Resource Reference Tables 2 1 Figures are rounded to reflect appropriate levels of confidence. Apparent differences may occur due to rounding. 2 ASX 23 December 2019, "Significant increase in Mineral Resource for the Poochera Kaolin Project". 3 ASX 26 November 2020, "Updated mineral resource fo