Firebird Metals Ltd. · ASX:FRB
Firebird Metals — Investor Presentation (April 2021)
20 slides from Firebird Metals's investor presentation, Apr 6, 2021
Slide 1: Manganese Mine to Market Strategy
MANGANESE MINE TO MARKET STRATEGY APRIL 2021
Slide 2: Disclaimer
DISCLAIMER This presentation contains summary information about Firebird Metals Limited (Firebird) (ABN 24 610 035 535) and is current as of 1 April 2021. The information in this presentation is of a general background and does COMPETENT PERSONS not purport to be complete. This presentation is not i
Slide 3: Commodity Thematic & Strategic Advantage
COMMODITY THEMATIC & STRATEGIC ADVANTAGE Systematic shift in global manganese markets within past decade Chinese domestic ore production declining combined with lower production grade South Africa, the largest exporter of Manganese globally continues to face challenges with logistics, labour and fis
Slide 4: Board & Management
BOARD & MANAGEMENT EVAN CRANSTON PETER ALLEN WEI LI ASHLEY PATTISON Chairperson Managing Director Finance Director Non-executive Director Mr Cranston is an experienced mining Mr Allen is a mining executive with more Mr Li qualified as Chartered Accountant Ashley has over 20 years’ experience in exec
Slide 5: Corporate Overview
Corporate Overview ASX code FRB Share price (1-4-21) $0.685 Shares on issue 54.575m Market capitalisation 37.4m Options 8m Performance rights 3.3m Cash (31-3-21) $4.2m Shareholders (31-3-21) Tolga Kumova 10.15% Mining Equities 6.67% Board & management 4.35% Top 20 shareholders 47.75% FIREBIRD METALS
Slide 6: Manganese Market
MANGANESE MARKET Electrolytic High Carbon Ferro Manganese Metal manganese (HCFeMn) (EMM) Electrolytic Refined Manganese Ferromanganese Mn Ore (Ref FeMn) Dioxide (EMD) Silicomanganese Manganese (SiMn) Sulphate FIREBIRD METALS 5
Slide 7: Manganese Seaborne Trade
MANGANESE SEABORNE TRADE Trade flow for manganese ore, 2020e (Mt gross weight ) Source: Roskill & UN Comtrade FIREBIRD METALS 6
Slide 8: Manganese in Steel
MANGANESE IN STEEL MN CONSUMPTION IN STEEL FEEDSTOCK REQUIREMENTS TYPICAL SPECIFICATION BY PRODUCT SiMn requires 34 – 36% Mn with 3:1 to 4:1 Mn:Fe ratio Mn 65% min, Si 17% min, C 2% max HCFeMn requires 40% Mn with 5:1 to 7:1 Mn:Fe ratio Mn 78% min, Si 1% max, C 8% max Refined FeMn produced using two
Slide 9: Lithium-Ion Batteries – Driven by EV's
LITHIUM-ION BATTERIES – DRIVEN BY EV’S “By 2050, EVs capture 73% of all sales. They make up 54% of the global passenger-car fleet, and in some regions go higher, reaching between 56% and 80% in Europe, the U.S. and China. By 2050 there are just above 800 million passenger EVs on the road, out of a t
Slide 10: Manganese in Batteries
MANGANESE IN BATTERIES Used in either the form of Electrolytic Manganese Dioxide (EMD) or High-Purity Manganese Sulphate (HPMS). Battery manufacturers and EV manufacturers looking to manganese to drive down cathode costs in their ongoing expansions plan. Volkswagen describes Mn-rich cathodes as thei
Slide 11: East Pilbara Manganese Province
EAST PILBARA MANGANESE PROVINCE Located in premier mining jurisdiction Well known manganese area Woodie Woodie Mine operating since 1960’s Butcherbird production commencing early 2021 Ideally located close to key steel markets of Asia FIREBIRD METALS Key Projects Oakover, Hill 616 and Disraeli Furth
Slide 12: Oakover - A Number of Advanced Exploration Prospects
OAKOVER- A NUMBER OF ADVANCED EXPLORATION PROSPECTS FIREBIRD METALS 11
Slide 13: Oakover - Sixty Sixer Overview
OAKOVER- SIXTY SIXER OVERVIEW 90km East of Newman, >$4m spent to date on exploration Near surface / shallow order body JORC 2012 Inferred resource of 64Mt at 10% Mn Constrained by old tenement boundary Tonnes Al2O3 Resource Prospect Mn% Fe% SiO2 % (Mt) % Category Sixty Sixer 61 10.0 9.0 10.0 40.0 In
Slide 14: Oakover – Sixty Sixer
OAKOVER – SIXTY SIXER Source: Brumby Resources AGM presentation November 2011 FIREBIRD METALS 12 13
Slide 15: Oakover - Karen Prospect
OAKOVER - KAREN PROSPECT Well-advanced exploration target 4 KM South of Sixty Sixer 13 RC holes on five cross section drilled along 400m strike length during 2011 Mineralisation remains open along strike Source: Brumby Resources AGM presentation November 2011 FIREBIRD METALS 14
Slide 16: Hill 616
HILL 616 Located 85km south east of Newman Previously 3,727m of drilling across a strike length of 2.6km and open along strike Manganese mineralisation occurs as multiple seams or bands of varying thickness Multiple significant rock chip samples of up to 37.6% Mn Follow up metallurgical test work ca
Slide 17: Disraeli
DISRAELI 50Km south of Woodie Woodie Manganese Mine Previous exploration suggests Manganese in this area is responsive to geophysics techniques. Multiple high grade rock chips of up to 51.1% Mn. Exploration strategy to focus on DSO type mineralization. Company plans to use modern geophysics techniqu
Slide 18: Indicative Oakover Development Timeline 2021
INDICATIVE OAKOVER DEVELOPMENT TIMELINE 2021 ACCELERATED OAKOVER DEVELOPMENT TIMEFRAME April May June July August September October November December Drilling & resource upgrade planning Heritage Drilling Met Testing Prefeasability Study FIREBIRD METALS 17
Slide 19: Summary and Way Forward
SUMMARY AND WAY FORWARD Located in premier mining jurisdiction Well known manganese area Hill 616 Initial focus on Oakover Near Surface / Shallow ore body Significant previous drilling, open along strike Oakover Expand and continue previous Near Surface / Shallow ore body metallurgical test work car
Slide 20: Thank You
THANK YOU CONTACT Peter Allen e-mail: admin@firebirdmetals.com.au