Sarytogan Graphite Limited · ASX:SGA
Sarytogan Graphite — Investor Presentation (August 2024)
21 slides from Sarytogan Graphite's investor presentation, Aug 12, 2024
Slide 1: Investor Presentation: Pre-Feasibility Study Results
FASTER HIGHER STRONGER TOGETHER AUGUST 2024 I N V E S TO R P R E S E N TAT I O N P R E - F E A S I B I L I T Y S T U D Y R E S U LT S 1
Slide 2: The Project – Pre-Feasibility Study Video
The Project – Pre-Feasibility Study Video A 3D animation of the proposed development is available to view here: Sarytogan Graphite PFS 3D Animation - YouTube 2
Slide 3: The Project – PFS By The Numbers
The Project – PFS By The Numbers $62 Initial Capex (US$M) $252 Preferred Capex (US$M) 33% Internal Rate of Return $518 NPV 8 Pre-Tax (US$M) Stage 1a Stage 2a Stage 2a Stage 2a 50 18.5 7 Spheronisation Rate Beneficiation Rate Purification Rate Stage 1a (ktpa) Stage 2a (ktpa) Stage 2b (ktpa) 229 Mt @
Slide 4: The Project – PFS Staged Development Strategy
The Project – PFS Staged Development Strategy Micro Crystalline UHPF “Micro80C” Product2 Up to 99.9992% C Product3 Industrial Use Advanced Industrial Use Cathode Conductivity Enhancer USPG & CPSG Nuclear Moderator >99.99% C Product3 Li-ion Anodes for EVs Mining1 Flotation2 Thermal Purification3 Sphe
Slide 5: The Project - Mineral Resources and Ore Reserves
The Project - Mineral Resources and Ore Reserves Mineral Resource Zone JORC1 In-Situ Total Contained (>15% TGC) Classification Tonnage Graphitic Graphite (Mt) Carbon (Mt) (TGC %) North Indicated 87 29.1 25 Inferred 81 29.6 24 Total 168 29.3 49 Central Indicated 39 28.1 11 Inferred 21 26.9 6 Total 60
Slide 6: The Products – Micro Crystalline Graphite (Micro80C)
The Products – Micro Crystalline Graphite (Micro80C) Sector pricing US$400 to $850/t PFS average = US$746 to $791/t base load volumes of 30-43ktpa 6
Slide 7: The Products - Ultra High Purity Fines (UHPF) up to 99.999%C
The Products - Ultra High Purity Fines (UHPF) up to 99.999%C Sector pricing US$3,000 to 12,000/t PFS average = US$4,468 to $5,577/t only available with SGA ‘inverted’ flowsheet primary batteries faster to qualify than 7 Li-ion
Slide 8: The Products – Spherical Purified Graphite (USPG and CSPG)
The Products – Spherical Purified Graphite (USPG and CSPG) • 2024 test-work demonstrated performance in lithium-ion batteries • Stage 1b adds pilot spheronisation to continue customer qualification. • Stage 2b adds: • 3 ktpa USPG at US$2,500/t • 4 ktpa CSPG at US$8,000/t • Study optimisation planned
Slide 9: The Market – Electric Vehicle Demand Keeps Growing
The Market – Electric Vehicle Demand Keeps Growing Source: Syrah Resources, 1Global Data, 2ICC Sino 9
Slide 10: The Market – Graphite Demand to Double This Decade
The Market – Graphite Demand to Double This Decade • Sarytogan to place as many units of carbon in as many markets as possible. • Strong competition from Chinese synthetic graphite in Li-ion anodes. • Natural graphite a better environmental, economic and strategic choice. Source: Wood Mackenzie July
Slide 11: The Market - Geopolitics
The Market - Geopolitics USA Inflation Reduction Act 1/1/2027 China Export Limits 1/12/2023 EU Battery Passport 1/2/2025 Tax credits for EVs with majority of battery Dominate 70% of graphite mining & QR code database of provenance & minerals from FTA countries & nil China 90% of anode value add1 CO2
Slide 12: Finance – EBRD Investment
Finance – EBRD Investment The EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 economies across three continents. The Bank is owned by 73 countries as well as the EU and the EIB. To date, the EBRD has invested more than €200 billion
Slide 13: Kazakhstan - Mining on the One Belt, One Road
Kazakhstan - Mining on the One Belt, One Road Key Economic Facts • Top 50 GDP US$290Bn • Population 20M • US$370Bn in Foreign Astana Investment post USSR Favorable Taxation: • Corporate income tax: 20% • VAT 12% Almaty • Mineral royalty: 3.5% • Other taxes: 1.5% Affordable containerized rail to Euro
Slide 14: Kazakhstan - Lowest Quartile Power Costs Including Renewables
Kazakhstan - Lowest Quartile Power Costs Including Renewables • Kazakhstan’s power cost is in the lowest quartile globally • 110 kV powerline 2 km from the project (pictured) • 35 kV powerline 15 km from the project • 50 MW Solar farm co-located with planned downstream plant Electricity Costs for Bu
Slide 15: Kazakhstan – Established Mining Jurisdiction
Kazakhstan – Established Mining Jurisdiction Mix of global majors, state owned, private equity and listed juniors 2018 Mining Code based off W.Aust. 40% of global uranium supply1 12th in global mining value1 13th largest oil producer1 Source: 1statistica.com 15
Slide 16: Kazakhstan – Copper Exploration
Kazakhstan – Copper Exploration • The Central Asian Orogenic Belt hosts many large copper- gold porphyry deposits including in Kazakhstan: Bozshakol, Aktogai, Kounrad, Nurkazgan and Koksai (each 3-6Mt Cu) and Oyu Tolgai (30 Mt Cu, 44 MOz Au) in Mongolia. • 282km2 ELA 20km west of Sarytogan Graphite
Slide 17: Commitments Delivered
Commitments Delivered 2022 2023 2024 Milestone Q1 Q2 Q3 Q4 Initial Public Offering ✓ Drill out ✓ Mineral Resource upgrade ✓ Land access agreement ✓ Geotech and hydro drilling ✓ Bulk concentrate production ✓ Spheroidization tests ✓ Battery performance tests ✓ ✓ Pre-feasibility study ✓ ✓ ✓ ✓ Maiden Or
Slide 18: Next Steps – DFS Early Works
Next Steps – DFS Early Works • PFS optimisation • e.g. coat all SPG to CSPG • 20 t trial mining • Metallurgical testing • Customer sample generation • Vendor test-work • DFS Scoping and Tendering • Community consultation • Environmental permitting • Mining licence grant • Bainamys copper exploration
Slide 19: Corporate Overview and Value Proposition
Corporate Overview and Value Proposition Stephen Penrose Sean Gregory Dr. Waldemar Mueller Brendan Borg Ian Hobson Sarkis Akopov Local Leadership Non-Executive Chairman Managing Director Technical Director Non-Executive Director Company Secretary Chief Financial Officer Kazakhstan Team LLB, J.D. B.S
Slide 20: Disclaimer & Compliance Statement
Disclaimer & Compliance Statement Important Disclaimer Neither this Presentation nor anything contained in it forms the basis of any contract or commitment and it is not You must read this notice before reading or making any use of this Presentation (defined below) or any intended to induce any pers
Slide 21: Contact Sean Gregory
CONTACT Sean Gregory Managing Director E: admin@sarytogangraphite.com.au W: www.sarytogangraphite.com.au +61 08 9388 8290 21
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