Renascor Resources Ltd · ASX:RNU
Renascor Resources — Noosa Mining Investor Conference 2022
27 slides from Renascor Resources's conference presentation, Jul 22, 2022
Slide 1: Siviour Battery Anode Material Project
Siviour Battery Anode Material Project Presentation to Noosa Mining Investor Conference Noosa, Queensland David Christensen Managing Director 22 July 2022
Slide 2: Section 1: Executive Summary
Section 1: Executive Summary
Slide 3: Project Highlights
Project Highlights ü Vertically integrated operation to produce PSG located wholly within South Australia. Electric Vehicle ü World’s 2nd largest Proven Graphite Reserve and largest Graphite Reserve outside of Africa1. growth is ü The favourable geology allowing manufacturing of PSG at costs that ar
Slide 4: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Share Chart – ASX code: RNU Capital Structure Shares on issue (14 Jul 2022) 2,154M Listed Options (14 Jul 2022) 131M Performance rights (14 Jul 2022) 6M Share price (14 Jul 2022) A$0.165/sh Market Cap (at A$0.165/sh) A$355.5M Cash (30 June 2022) A$74M Debt (30
Slide 5: Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Slide 6: ESG Credentials
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation within South Australia consisting of a mine, concentrator and downstream manufacturing facility to produce Purified Spherical Graphite (PSG) via eco-friendly chemical purif
Slide 7: Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event
Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event Electric vehicle adoption is creating unprecedented global demand for batteries. Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 7
Slide 8: Anode and Graphite Demand are Directly Linked to Battery Growth
Anode and Graphite Demand are Directly Linked to Battery Growth Graphite is the fundamental raw material in lithium-ion battery anodes. Share of Mineral Demand from Energy Storage Anode Demand Forecast 2018 to 2040 Lead 6% EV sales as share 8,000 of total cars Lithium 4% Manganese 6% Aluminum Chromi
Slide 9: Strong Demand Growth for Purified Spherical Graphite
Strong Demand Growth for Purified Spherical Graphite The projected growth rate in the demand for Purified Spherical Graphite will put graphite mining and graphite refining under increasing pressure to expand supply to meet demand. EV sales as share of total cars 90x Siviour Source: Benchmark Mineral
Slide 10: Global Anode Supply is Centered in Northeast Asia
Global Anode Supply is Centered in Northeast Asia China, Japan and South Korea will remain the center of anode production in the near-term before expanding over time into European, US and other markets. EV sales as share of total cars Future supply Current Production Future supply Source: Benchmark
Slide 11: China Currently Controls 100% of the Market for Purified Spherical Graphite
China Currently Controls 100% of the Market for Purified Spherical Graphite All anode producers (including manufacturers in South Korea and Japan) are currently dependent on China for Purified Spherical Graphite. Europe Renascor will provide a reliable source of PSG to a PSG global market, at world
Slide 12: Section 3: The Siviour Battery Anode Material Project
Section 3: The Siviour Battery Anode Material Project
Slide 13: The Siviour Graphite Deposit is World-Class
The Siviour Graphite Deposit is World-Class Global Graphite Proven Reserves1 Siviour is unique - in both its near-surface, flat-lying orientation and its scale as the world’s largest Global Graphite Proven Reserve1 reported graphite Reserve outside of Africa. § The deposit is flat, shallow and large
Slide 14: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Siviour Stage 2 (Year 5 –10) Siviour Stage 1 (Year 1– 4) DFS cost of US$325/t* DFS cost of US$345/t* Source: Benchmark Mine
Slide 15: Mine to Market Supply Chain Security
Mine to Market Supply Chain Security South Mine to Market supply chain located from South Australia Potential Australia PSG Facility lowers lowers logistics costs and ensures security of supply. . Port Augusta location § Renascor’s vertically integrated operation offers global supply chain security
Slide 16: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical integration underpins low-cost PSG production. § Graphite Concentrate feedstock a significant cost input to the PSG manufacturing process. § Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate feedstock at the cost of
Slide 17: Battery Anode Material Study Results – Stage 1 PSG Production
Battery Anode Material Study Results – Stage 1 PSG Production1 Low graphite concentrate feedstock costs drives Renascor’s low PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual LOM production of PSG
Slide 18: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials § South Australia is a Tier-1 jurisdiction with low sovereign risk and a Socially robust and transparent regulatory framework. responsible § South Australia’s Minister for Energy and Mining granted a Mineral Lease for Siviour April 2019,1 t
Slide 19: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa q POSCO: Non-binding MOU with POSCO for the purchase of 20,000tpa to 30,000tpa of PSG. q This potentially represents up to 100% of Renascor’s proposed
Slide 20: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa q Minguang: First stage product qualification achieved with Chinese anode company Minguang as part of non-binding PSG Offtake MOU covering up t
Slide 21: Conditional Approval for A$185m Loan Facility from the Australian Government
$185 Million Conditional Loan Approval from Australian Government Conditional Approval The Australian Government has conditionally approved a A$185 million loan facility to support the development of the Siviour Graphite Project in South Australia.1 for A$185m Loan § Conditional Approval was announc
Slide 22: Renascor's Strategy
Renascor’s Strategy We aim to become a global leader in the supply of sustainable, 100% Australian-made battery anode material Stage 3 Stage 2 Stage 1 Full Renascor Potential • Further expansion of mine and Purified Spherical Graphite manufacturing capacity Expand Manufacturing of PSG • Establish fu
Slide 23: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers § Siviour Battery Anode Material Project: § Progressive satisfaction of terms of $185 Million conditional loan approval. § Advancing to binding offtakes with existing offtake and potential new offtake partners. § Increasing demand has led Renascor
Slide 24: Renascor Resources Limited
Renascor Resources Limited 36 North Terrace Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: 24
Slide 25: Appendix
Appendix
Slide 26: Siviour Mineral Resources and Ore Reserves
Siviour Mineral Resources and Ore Reserves Mineral Resource Estimate (April 2019)1 Category Tonnes (Mt) Grade (% TGC) Graphite (Mt) Measured 15.8 8.8% 1.4 Indicated 39.5 7.2% 2.8 Inferred 32.1 7.2% 2.6 Total 87.4 7.5% 6.6 Ore Reserve Estimate (July 2020)2 Category Tonnes (Mt) Grade (% TGC) Graphite
Slide 27: Forward Looking Statements, Competent Persons Statement, Bibliography
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
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