Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — 121 Mining Investment Conference Cape Town 2017
23 slides from Waratah Minerals's conference presentation, February 2017
Slide 1: Natural flake graphite into anode material for the growing lithium-ion battery market
121 Mining Investment Conference Cape Town Natural flake graphite into anode material for the growing lithium-ion battery market FEBRUARY 2017
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement Statements and material contained in this Presentation, Study. Ms. Cherie Leeden also has sufficient relevant presently defined graphite product pricing which supports particularly those regarding possible or assumed future experience in the style of mineralis
Slide 3: Corporate Overview
Corporate Overview ASX: BAT Shares on Issue: 426M Market Cap: ~$38M Cash in bank: $9.7M (1) Share Price: $0.09 (2) Trading Range (12 weeks): A$0.09- $0.14 Options on issue 50.8M unlisted (various terms) (1) 31 December 2016 (2) 31 January 2017 Corporate Presence Head Office West Perth, Western Austr
Slide 4: Corporate Snapshot
Corporate Snapshot David Flanagan Non Executive Chairman - BSc WASM 25 years resources industry experience in Australia, Africa and Asia Experienced ASX Director ,Chairman and MD of ASX 100 company Proven capability to transition from explorer to major producer Management Team with strong track reco
Slide 5: Recent Progress
Recent Progress • Highly-regarded mining executive and • Flagship Montepuez project Definitive industry leader Mr David Flanagan Feasibility Study (DFS) enhanced to appointed as non-executive Chairman include Spherical Graphite Prefeasibility Study (PFS), due to be released in • $9 million oversubsc
Slide 6: Location and Country Benefits
Location and Country Benefits • 2 graphite projects: Balama Central and Montepuez • Located in the Cabo Delgado province of Mozambique in East Africa • Cabo Delgado is the richest graphite province on earth • Excellent logistics, only 260km to Pemba port via existing roads • Modern mining act and pr
Slide 7: Projects Offer Largest Flake Graphite In Mozambique
Projects Offer Largest Flake Graphite In Mozambique Montepuez and Balama project – classification and flake distribution Sieve Size Balama Central Montepuez Project Sieve size Classification (µm) (%) (%) (~US Mesh) Jumbo >300 21.8 8.0 -50 Large 180-300 29.1 20.2 80- 50 Medium 150-180 10.5 10.9 80-10
Slide 8: Metallurgical Results-Exceptional and No Chemicals
Metallurgical Results-Exceptional and No Chemicals • Flotation testwork achieved 99.2% TGC purity without the use of any chemicals • High graphite recovery achieved with coarse primary grind size • Beneficial flotation parameters create scope to reduce plant capital and operating cost Image: GS03 We
Slide 9: Montepuez Resource for Definitive Feasibility Study
Montepuez Resource for Definitive Feasibility Study Montepuez Central Project 61.6 Mt @ 10.3% TGC and 0.26% V2O5 6.3 Mt of contained graphite at a 6% TGC cut-off (see note below) The Company has developed its strategy around quality as opposed to scale, that also offers scope for future expansion
Slide 10: Mine Design Complete (as part of DFS)
Mine Design Complete (as part of DFS) 10 DFS outcomes (+/- 15%) will be1released in February 2017
Slide 11: Flake Graphite Mining Flow Sheet
Flake Graphite Mining Flow Sheet Simple, low technical risk mining and processing operations
Slide 12: Flake Graphite to Spherical Graphite Process
Flake Graphite to Spherical Graphite Process Commentary here on stratifying (1) Ore to flake process and (2) flake to SG process 12
Slide 13: Spherical Graphite Mill Commissioned - USA
Spherical Graphite Mill Commissioned - USA Spherical graphite is critical for production of anode-ready material for LiB’s • BAT is now capable of producing next • The specific processes being advanced in generation spherical graphite from its co- conjunction with Coulometrics LLC owned pilot plant
Slide 14: Spherical Graphite Pilot Plant Operational (USA)
Spherical Graphite Pilot Plant Operational (USA) Image: Managing Director, Cherie Leeden with the pilot plant mill in USA; being used for production of high quality spherical graphite, used for the testing of anode material used in Lithium Ion Batteries. 14
Slide 15: Size of the prize - $65 billion world wide battery market (2015)
Size of the prize -$65 billion world wide battery market (2015) 15
Slide 16: The Focus - LiB >$16 billion market share and value chain
The Focus - LiB >$16 billion market share and value chain 16
Slide 17: The price disruption – natural graphite the commodity
The price disruption – natural graphite the commodity 17
Slide 18: Recent Market Intelligence and Product Considerations
Recent Market Intelligence and Product Considerations Asian and USA based offtake meetings confirms: Markets seeking, “best products at best/most competitive price point” Product profile needs to match market needs (which remains dynamic) Operations/methods must align with “green” graphite p
Slide 19: Committed and making a continuing positive difference
Committed and making a continuing positive difference Local initiatives Opening and repair of water bores/wells Local school and education programs Repair of roads and schools Commitment to ongoing training of local labour and staff Government geologists training program Proud sponsor
Slide 20: Defining Attributes of BAT
Defining Attributes of BAT Strong Board and Management team Robust Operating Landscape and Logistics Board and management skillset team transitioning from exploration to Logistics, power, water, mining code, mining/production focus corporate taxes and regulations, investment All staff and
Slide 21: Contact
Contact Cherie Leeden Managing Director Battery Minerals Limited E: cherie.leeden@batteryminerals.com www.batteryminerals.com 21
Slide 22: Montepuez JORC Resource Statement and Flake Size Distribution
Montepuez JORC Resource Statement and Flake Size Distribution 22
Slide 23: Montepuez JORC Resource – Cut-off grade chart
Montepuez JORC Resource – Cut-off grade chart Note: 1. Totals may differ due to rounding, Mineral Resources reported on a dry in-situ basis. 2. Flake sizes for the Mineral Resource are tabulated in Tables 2 to 6 below. 3. The Statement of Estimates of Mineral Resources has been compiled under the su
Battery Minerals — 121 Mining Investment Conference Cape Town 2017 on 6ix