Elementos Limited · ASX:ELT
Elementos — Investor Presentation (October 2021)
25 slides from Elementos's investor presentation, Oct 5, 2021
Slide 1: Tin for an Electric Tomorrow – Investor Presentation
ASX:ELT For personal use only TIN FOR AN ELECTRIC TOMORROW Investor Presentation Investor Presentation – 5th October 2021
Slide 2: Cautionary statement
Cautionary statement For personal use only The Updated Economic Study (Study) referred to in this announcement has been undertaken for the purpose of assessing the technical and Statements in this release regarding the Elementos business or proposed business, which are not historical facts, are forw
Slide 3: Tin is the metal most impacted by electrification and new green technologies
Tin for an electric tomorrow Source: Rio Tinto | MIT For personal use only Tin is the metal most impacted by electrification and new green technologies •Tin is key electrical contact in electronic circuits (solder) printed circuit boards and ASX:ELT semi-conductors. It is the electric glue connectin
Slide 4: Tin hits all time highs in September 2021
Tin hits all time highs in September 2021 For personal use only • Prices continue to increase this year on LME Cash Tin Price US$/tonne Record high on 29 -09-21 both reduced global production, US$37,600 declining stockpiles and strong 40k industrial demand particularly for semi- conductors and elect
Slide 5: Tin market likely to move into deficits throughout 2020s
Tin market likely to move into deficits throughout 2020s For personal use only • Global refined tin demand is forecast to materially increase as it Refined Tin ‘000 tonnes1 services the technology revolution (min 1.8%, likely 3%, possibly 450 3-6%) 1. Refined Tin Demand 430 • Using historic 1.8% gro
Slide 6: Tin undersupply is now mainstream news
Tin undersupply is now mainstream news For personal use only ASX:ELT elementos.com.au 6
Slide 7: Environment, Social and Governance (ESG) driving responsible development
Environment, Social and Governance (ESG) driving responsible development For personal use only Elementos is committed to Elementos has committed1 to: developing and operating its •• Establishing an ESG sub-committee as part of our Board, Demonstrate compliance with European and OECD regulations that
Slide 8: Oropesa Tin Project
Oropesa Tin Project For personal use only • Acquired in 2019 (100%) with more than US$26 million historically invested in project development. • Planned open-cut mining operation with conventional tin processing flow sheet producing tin concentrates to be shipped to smelters in Europe, Nth America o
Slide 9: One of the world's highest grade open-cut tin projects
One of the world’s JORC Resources1 highest grade open-cut Measured Indicated Sub Total Inferred Total For personal use only tin projects 0.33 Mt 9.01 Mt 9.34 Mt 3.20 Mt 12.54 Mt 1.09% Sn 0.53% Sn 0.55% Sn 0.52% Sn 0.54% Sn Measured Indicated Sub Total Inferred Total 3.6 kt 47.3 kt 50.9 kt 16.6 kt 67
Slide 10: Feasibility Development Programs
Feasibility Development Programs For personal use only 01 Pilot scale metallurgical test work Elementos is progressing four feasibility development programs 02 Geotechnical works program to provide critical input data to 03 Hydrogeological (groundwater) works program the Definitive Feasibility Study
Slide 11: Feasibility Development Programs: Pilot scale metallurgical test work
Feasibility Development Programs Pilot scale metallurgical test work For personal use only • >75% completed by Wardell Armstrong (UK) • Lab-scale refinement completed & stage-3 of pilot completed. • Tin Dressing and concentrate work to follow • On completion variability test-work will commence to co
Slide 12: Feasibility Development Programs: Geotechnical works program
Feasibility Development Programs Geotechnical works program For personal use only • Fully mobilised with two drill rigs on site • 60% drilling complete with first six holes (of 10) completed • Geotechnical sampling well underway • Geotechnical and geological supervision on-site ASX:ELT elementos.com
Slide 13: Definitive Feasibility Study (DFS) commenced
Definitive Feasibility Study (DFS) commenced For personal use only Updated Mineral Resource Estimate (due ~Oct-21) Definitive Feasibility Study Focus (Targeting end of Q4-22) • Completion of Resource Drilling, modelling and estimation • Mature engineering sufficiently to further define packaging, Fe
Slide 14: Economic Study (May 2020)
Economic Study (May 2020) For personal use only Oropesa Economic Study follows extensive drilling, geological, geotechnical, feasibility and metallurgical test work programs over more than 10 years. Annual ore feed Annual metal production Tin price Annual gross revenue Gross revenue x 14 years 750,0
Slide 15: Economic Sensitivity to Tin Price
Economic Sensitivity to Tin Price (only) For personal use only Net Present Value 8% US$451.6m ~A$619m Spot tin price US$37,525/tonne (www.lme.com 24 Sep 2021), 1 USD: 0.73 AUD US$94.3m ASX:ELT 0 elementos.com.au Tin price US$19,750/tonne (Economic Study) 15
Slide 16: Production in the lower quartile of global tin cash cost
Fundamentals support production being in the lower quartile of global tin cash cost For personal use only Oropesa modelled cash cost compares Cash cost (US$/tonne of tin) favorably against other tin developments 40,000 and producers around the world. Fundamentals support production low costs 30,000
Slide 17: Cleveland Tin Project
Cleveland Tin Project For personal use only • Cleveland Tin Project (100%-owned) located in mineral rich north-west Tasmania. • Operated as an underground mine by Aberfoyle Resources from 1968 to 1986 – demonstrated mining and metallurgical outcomes. • Significant endowment of tin-copper tailings, o
Slide 18: Historic Cleveland Underground Workings
Historic Cleveland Underground Workings Cleveland Tin Project Tin / Copper Resource For personal use only • Exploration Lease surrounded by existing critical infrastructure. • A Strategic Review of the Cleveland Tin project has commenced to re- assess the techno-economic possibilities of restarting
Slide 19: Cleveland Tin Project – Drilling Program
Cleveland Tin Project –Drilling Program For personal use only • Four diamond drill holes (1,000m) planned for later this year to test for tin and copper mineralisation along strike and to the northeast of the historical tin mine • $70,000 awarded from the Tasmanian Government’s Exploration Drilling
Slide 20: Corporate overview
Corporate overview For personal use only Share price Market capitalisation Directors & Management $A0.024 $97.3m 14% Mark Wellings (Eurotin) 5% 04 Oct 2021 04 Oct 2021 52 week high 0.027c, low $0.004c Keo Projects 3% TR Nominees Shares on issue Cash 3% 4,053m $5.5m 30 Sep 2021 30 June 2021 ASX:ELT D
Slide 21: Strong Leadership
Strong Leadership For personal use only Our team has extensive experience in the mining and resources sector with vast expertise in project acquisition and Andy Greig Joe David Brett Smith Non-Exec Chairman Chief Executive Officer Non-Exec Director development. ASX:ELT Andy retired from the Bechtel
Slide 22: Strong Leadership
Strong Leadership For personal use only Calvin Treacy Chris Dunks Corey Nolan Non-Exec Director Non-Executive Director Non-Exec Director ASX:ELT Calvin has over 20 years senior Chris is currently the Managing Director Corey is an accomplished public management experience in mining, of Synergen Met,
Slide 23: Five investment catalysts
Five investment catalysts 05 For personal use only Unlock value from the 04 Cleveland Tin Project in Tasmania via drilling and engineering Receive final Oropesa 03 development. environmental and Exploitation License permitting, Completion of Oropesa 02 Definitive Feasibility Study & maiden JORC Ore
Slide 24: Disclaimer
Disclaimer For personal use only Forward-looking statements *8 – “Cleveland Tin Project –Exploration Re-Commences” released on 4th March 2021.The Company also confirms that all material assumptions and technical parameters underpinning the estimates in the This document may contain certain forward-l
Slide 25: Get in touch
Get in touch For personal use only Joe David Elementos Limited Level 7, 167 Eagle Street Chief Executive Officer Brisbane Queensland 4000 +61 (0)7 2111 1110 Phone: +61 7 3212 6299 jd@elementos.com.au elementos.com.au