Apc Minerals Limited · ASX:APC
Apc Minerals — Australian Potash — Euroz Hartleys Institutional Conference 2021
19 slides from Apc Minerals's conference presentation, Mar 11, 2021
Slide 1: Low Cost, Organically Certified, Environmentally Sustainable, Green Sulphate of Potash
For personal use only Low Cost, Organically Certified, Environmentally Sustainable, Green Sulphate of Potash Euroz Hartleys Institutional Conference Rottnest Island 11 March 2021
Slide 2: Disclaimer
Disclaimer Nature of this document This presentation has been prepared by Australian Potash Limited (APC or the Company). The information is based on publicly available information, internally developed data and other For personal use only sources. By receiving this presentation, you acknowledge and
Slide 3: BHP CEO quote on long-term potash demand
For personal use only "We think that the mega-trends that we see playing out in the world bode well for long-term potash demand under a range of different scenarios, and in a rapidly decarbonising world, things look even better for potash” Mike Henry CEO BHP 16 February 2021 www.australianpotash.com
Slide 4: Sustainable Fertilisers
Sustainable Fertilisers Driving efficiency demands in primary production For personal use only Arable acres per capita have been falling for generations 1965 1985 2005 2015 .39 .29 .22 .19 acres acres acres acres Global population increases approximately 81 million per year www.australianpotash.com.
Slide 5: Future of food and agriculture quote
For personal use only “...On the basis of quantitative evidence, we can achieve more with less, and produce safe and nutritious food for all, while containing the expansion of agricultural sectors and hence limit the use of natural resources.” Kostas Stamoulis Assistant Director-General Economic and
Slide 6: SOP vs MOP
SOP vs MOP A Better Product Helping the World Achieve Sustainability Goals For personal use only SOP MOP Potassium and Sulphur Potassium only (must add Sulphur) Chloride Free Contains Chloride Low Salinity Index Poor outcome for saline soils High-value crops Broad-acre, low margin crops Suitable for
Slide 7: Chinese SOP endangered
Chinese SOP endangered For personal use only The Chinese “2+26 Cities Air Control Plan” is a program designed to tackle Beijing’s chronic air pollution - 25% of China’s SOP Mannheim capacity is affected by the plan • SOP can be produced benignly using solar evaporation or using the industrial Mannhe
Slide 8: Australia's Green SOP Resource
Australia’s Green SOP Resource For personal use only Across global SOP production Lake Wells will have one of the lowest carbon footprints – and it will get lower • The Lake Wells SOP project will contribute to reduction of greenhouse gases from the global fertiliser industry • 300% less carbon emis
Slide 9: Pricing Australia's SOP Product
Pricing Australia’s SOP Product For personal use only $US610++ High K2O standard • Granular • 50% - 52% K2O • Soluble 01 Standard SOP • Powdered 03 • Bulk $US • Offtake incentive pricing • 50% K2O • Build a granulation 550 • Granulation and • Insolubles plant Bagging plants $US • Inorganic • Bulk 55
Slide 10: Timeline to Development
Timeline to Development Schedule Guarantees in Place For personal use only Q1 • NAIF Investment Decison made • Finalise EFA • Finalise Commercial bank club • Finalise EPC Contracts Construction • Ministerial Statement (Environmental approval) Received • Final Investment Decision Pending 2021 2023 Ra
Slide 11: Product 100% Underwritten by Offtakes
Product 100% Underwritten by Offtakes Tier 1 Global Partners Third Party Validation For personal use only 30,000 tpa K-BriteTM 20,000 tpa K-BriteTM through Europe 50,000 tpa K-BriteTM through China through USA Bankable OT agreements: 20,000 tpa K-BriteTM • Take-or-pay 30,000 tpa K- through Australia
Slide 12: Proven Credible Development Partners
Proven Credible Development Partners Cost, Schedule, Process Guarantees For personal use only Key Implementation Partners1 Consultants 1 Implementation partner contracts subject to on-going review and finalisation: Partners identified have been advised of their ‘Preferred Contractor’ position www.au
Slide 13: Our Renewable Power
Our Renewable Power Low C Footprint PLUS Renewable Power For personal use only Design & Construct Tender documents issued for D&C pricing Material impact on OPEX DFS power OPEX 19.5c/kwh: 26% of total Lowering the carbon footprint Future proofing against fiscal penalty regime Broadening market appea
Slide 14: Proven Production Process
Proven Production Process Low Risk Bore Field Development For personal use only Brine pumping Pre-concentration Crystallisation Processing • Brine is pumped from the • Brine is pumped into the pre- • Potassium-rich salts crystallise out • Potassium-rich salts refined by palaeochannel bore-field conc
Slide 15: Financing the Build
Financing the Build NAIF, Commercial Debt, Equity For personal use only Export Finance Australia Club of commercial Debt financing complete financing institutions 01 NAIF FEED results released EPC contracting executed 02 EFA • Investment decision approved February 2021 • Due diligence 03 Banks • A$1
Slide 16: Essential Metrics
Essential Metrics Pre-FEED Results For personal use only The PeerLake Wells Sulphate of Potash Project Comparison SOP Reserve (Proven & Probable) 3.6Mt SOP Resource (100% MEASURED) 18.1Mt Planned production 150ktpa^ CapEx $208m^ NPV(8) (Post-tax) $441m^ Bankable Offtake secured 100% OF FORECAST OUTP
Slide 17: Corporate Snapshot
Corporate Snapshot Recent capital raising positions Company strongly with zero debt For personal use only Capital Structure Share Price (Tuesday 9 March 2021) $0.165 Shares on Issue 551,006,407 Listed options1 54,380,038 Unlisted options & 22,275,708 Performance Rights2 Market Capitalisation $90.9m
Slide 18: For personal use only
For personal use only www.australianpotash.com.au
Slide 19: For personal use only
For personal use only Suite 31, 22 Railway Road, Subiaco WA 6008 admin@australianpotash.com.au +61 8 9322 1003
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