Agrimin Limited · ASX:AMN
Agrimin — Investor Presentation (October 2023)
19 slides from Agrimin's investor presentation, Oct 26, 2023
Slide 1: Delivering the Nutrition Our World Needs
DELIVERING THE NUTRITION OUR WORLD NEEDS AGRIMIN LIMITED October 2023 ASX: AMN
Slide 2: Important notices and disclaimers
Important notices and disclaimers Nature of Document Competent Person Statements This presentation has been prepared as a summary only, and does not contain all information about Agrimin The information in this presentation that relates to Exploration Results for the Mackay Potash Project is based o
Slide 3: About Agrimin
Delivering nutrition for future generations Strong leverage to rising global demand for food and higher quality nutrition A world-class SOP deposit The Mackay Project is the world’s largest sulphate of potash (SOP) development outside of Africa Multi-commodity exploration upside Strategic West Arunt
Slide 4: Delivering the nutrition our world needs
Delivering the nutrition our world needs SOP is leveraged to one of the world’s most critical products – our food • The Food and Agriculture Organization of the United Nations predicts global food demand will increase by 50% by 20501 • Food security is a growing risk due to the impact of climate cha
Slide 5: The premium potash fertiliser
The premium potash fertiliser SOP is essential for high value crops and trades at a substantial price premium Sulphate of Potash (SOP) Five year SOP price history1 Current Price1 1,400 • Chloride-free source of potassium and US$565/t sulphur 1,200 1,000 • Essential for high value, chloride intoleran
Slide 6: World Class Project
WORLD CLASS PROJECT DISCIPLINED DEVELOPMENT OF MACKAY
Slide 7: Project highlights
Project highlights Second Largest SOP Project ownership Development in the 100% world Largest SOP development outside of Africa 450ktpa Lowest global forecast total cash cost US$159/t FOB DFS & Independent Technical Review 2yrs trench pumping, +1yr evaporation trial Outstanding DFS results1 $1bn NPV
Slide 8: Mackay Project Infrastructure
Mackay Project Infrastructure Fully integrated mine to ship logistics chain • Located 940km south of Wyndham Port, +80% Renewable power Western Australia • Ore Reserves of 20.0Mt of SOP and total Mineral Resources of 123.4Mt of SOP1 • 84% renewables penetration through wind and solar Dedicated haul
Slide 9: Tier 1 offtake partners
Tier 1 offtake partners Binding long-term offtakes secured for 70% of planned production Agrimin’s Offtake Book1 SOP Demand by Region (% of ~7Mt Global Market)2 115ktpa LatAm & Africa 150ktpa Europe 17% 50ktpa China USA China North 5% Middle 62% America 3% East 135ktpa Uncontracted Southeast 1% 1% A
Slide 10: Roadmap to Mackay production
Roadmap to Mackay production Ore Reserves of 20Mt SOP underpin world-class production potential Final WA EPA Submission 1 Q3 2023 2 Final Haul Road Native Title Agreement 2023 3 Environmental Approval & Ministerial Statement 2024 Detailed Design & Final Investment Decision 4 2025 Mackay Production 5
Slide 11: Agrimin's West Arunta Prospectivity
AGRIMIN’S WEST ARUNTA PROSPECTIVITY MINERAL EXPLORATION PROSPECTIVITY
Slide 12: Agrimin's West Arunta exploration potential
Agrimin’s West Arunta exploration potential Tenure contiguous to WA1 Resources and Encounter Resources • WA1 Resources has made two Encounter Aileron carbonatite discoveries WA1 P2 project mineralisation Agrimin Carbonatite & targets containing niobium proximal to Discovery exploration potential Agr
Slide 13: Tali Resources 40% Investment
TALI RESOURCES 40% INVESTMENT MINERAL EXPLORATION IN THE WEST ARUNTA 13
Slide 14: Agrimin holds 40% of Tali Resources Pty Ltd
Agrimin holds 40% of Tali Resources Pty Ltd Tali is a major shareholder of WA1 Resources and has a farm-in with Rio Tinto • Tali holds a significant and highly prospective tenement package in the West Arunta region of WA WA1 Luni • Rio Tinto Exploration Pty Ltd can earn up to a 75% Carbonatite Disco
Slide 15: Execution ready
Execution ready Executive team bolstered with large-scale operational expertise Board of Directors Capital Structure (25 October 2023) Richard Seville Debbie Morrow Mark Savich Brad Sampson Alec Pismiris Market cap. Share price $53M $0.17/share Non-Executive Chair Managing Director & CEO Executive D
Slide 16: Sustainable project development
Sustainable project development High Environmental, Social and Governance standards across the business • An embedded positive health, safety and wellbeing culture • Proactive, open engagement with Traditional Owners across land management and community programs • Empowering Indigenous people throug
Slide 17: Appendix
APPENDIX ASX: AMN
Slide 18: Appendix 1: Mackay SOP Project Mineral Resources and Ore Reserve
Appendix 1 Mackay SOP Project – Mineral Resources and Ore Reserve Measured and Indicated Total Drainable Porosity Aquifer Inferred Resource Mineral Resource Estimate1 volume Measured Indicated Total zone (Mm3) K (mg/L) SOP (Mt) K (mg/L) SOP (Mt) K (mg/L) SOP (Mt) K (mg/L) SOP (Mt) K (mg/L) SOP (Mt)
Slide 19: Contact
CONTACT Office contact: Investor relations: Media contact: 2C Loch Street Debbie Morrow Michael Vaughan Nedlands WA 6009, Australia Managing Director and CEO Fivemark Partners T: +61 8 9389 5363 T: +61 8 9389 5363 M: +61 422 602 720 E: admin@agrimin.com.au E: dmorrow@agrimin.com.au E: michael.vaugha