Industrial Minerals Limited · ASX:IND
Industrial Minerals — Shareholder Meeting (November 2022)
17 slides from Industrial Minerals's shareholder meeting presentation, Nov 30, 2022
Slide 1: Diversified Industrial Mineral Developer with a Primary Focus on High Purity Silica Sand
DIVERSIFIED INDUSTRIAL MINERAL DEVELOPER WITH A PRIMARY FOCUS ON ASX:IND HIGH PURITY SILICA SAND industmin.com 1
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT This presentation contains summary information about Industrial Minerals Ltd (IND) and is current as of 30 November otherwise. To the maximum extent permitted by law, IND, their related bodies corporate (as that term is defined in the 2022. The information in
Slide 3: Why Invest in Industrial Minerals Ltd
Rigorous and strategic Low capex model with project identification environmentally friendly based on quality, location projects close to key and profitability infrastructure WHY INVEST IN INDUSTRIAL MINERALS LTD Diverse Product Strong product demand Streams for domestic leveraged to solar and export
Slide 4: Defining the High Purity Silica Sand Market
DEFINING THE HIGH PURITY SILICA SAND MARKET Float glass, bottle glass, lab glass, Borosilicate glass (food), solar panels & optical glass GLASS Electronics and optics products HIGH PURITY Foundry, abrasive building SILICA SAND INDUSTRIAL USES products & refractory Sodium silicate, silicon compound &
Slide 5: Sand is a Strategic Resource
SAND IS A STRATEGIC RESOURCE Use of sand resources is ~50 bn metric tons per year, the second most exploited natural China is the largest global importer of resource in the world after water1 sand and is estimated to consume more than 50% of global supply, driven by its Silicon has been added to the
Slide 6: Solar Panel Supply Chain China Dominates
SOLAR PANEL SUPPLY CHAIN CHINA DOMINATES Share of manufacturing capacity by country & region in 2021: Demand for High Purity Silica Sand is on the rise, driven by PV glass China made up 55% of global solar panel manufacturing capacity in 2010, with its share Manufacturing Process for Solar PV Panels
Slide 7: Project Selection High Purity Silica
PROJECT SELECTION HIGH PURITY SILICA Quality Tier 1 quality HPSS product, >99% SiO2, Low Fe2O3, Ti2O3 & Al2O3, optimum size distribution “Dynamics of the High Purity Silica Sand industry are changing fast. Traditional Location suppliers in Asia are Private landholders – extraction of sand improves d
Slide 8: Building a Portfolio of High Purity Silica Sand Projects
BUILDING A PORTFOLIO OF HIGH PURITY SILICA SAND PROJECTS PROJECT NAME AREA (km2) PROXIMITY TO PORT (km) TENEMENT STATUS Stockyard 575.5 155 Granted Bookara 1191.3 50 Granted Narrikup 160.8 40 Granted Mount Lefroy 83.7 85 Granted Arrowsmith East 74.6 105 Granted Mindarra 305.5 125 Granted Unicup 48.1
Slide 9: Flagship Stockyard Project
FLAGSHIP STOCKYARD PROJECT Located 4km from the Brand Hwy, and 180km by road to the Geraldton port Substantial granted tenement package of 575km2 Private Land Access Agreements in place and Native Title extinguished land ASX Announcement 26 October 2021 – Stockyard Project Licenses Granted 9
Slide 10: Stockyard Project Maiden Mineral Resource Estimate
STOCKYARD PROJECT MAIDEN MINERAL RESOURCE ESTIMATE Indicated and Inferred Mineral Resource of 9.6 million tonnes at 98.9% SiO2 The resource is contained within 1500 Ha of the Stockyard Project and represents <5% of the total landholding Advanced project with: • Mining Lease M70/1417 granted August 2
Slide 11: Stockyard Project MOU for Offtake
STOCKYARD PROJECT MOU FOR OFFTAKE STAGE 01 STAGE 02 AND POTENTIAL Formal offtake Strategic partnership REFINING agreement for up to agreement with SHST 600,000 metric tonnes for new JV silica Two-stage non-binding MOU per annum of HPSS processing plant for supply and potential refining from Stockyar
Slide 12: Accelerated Exploration Strategy
ACCELERATED EXPLORATION STRATEGY Mining Lease Granted Maiden Exploration Non-Binding Project Exploration Mineral Decision Mining to licence MOU Acquired Target Resource to Mine Commence granted Executed Estimate Milestones: Stockyard Project 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 20
Slide 13: Opportunity Exploration Projects
OPPORTUNITY EXPLORATION PROJECTS High Purity Silica High Medium Low Strategic Review Sand Exploration – Mullering, Project Priority: Stockyard, Mount Lefroy, Unicup, Quins, Jurien Bookara, Arrowsmith Cataby West, Waroona, East, Mindarra, Regans Ford Narrikup Gingin 13
Slide 14: Strategic Industrial Minerals Projects
STRATEGIC INDUSTRIAL MINERALS PROJECTS Lake MacLeod Gypsum & Salt Tabba Tabba • Adjacent to Rio Tinto’s Lake MacLeod Gypsum and Salt mining operation • Strategically located in close proximity to Port Hedland • Over 160 historical drill holes have intersected high quality Gypsum • Existing solar mar
Slide 15: Corporate Snapshot
CORPORATE SNAPSHOT 63.5M 13.25M Total Shares on Issue Options on Issue $2.8M $24.5M Cash (30/09/22) Market Cap (0.385c 25/11/22) 61.4% 20% Top 20 Shareholders Board & Management Ashley Pattison Jeff Sweet Alex Neuling Melanie Leighton Non-Executive Chair Managing Director Non-Executive Director/ Non
Slide 16: Appendix One
APPENDIX ONE Table 1. Stockyard Maiden Mineral Resource Estimate, November 2022 Resource Volume Density Tonnes SiO2 Al2O3 Fe2O3 ppm TiO2 ppm Classification (Million (g/cm3) (Million) % ppm m3) Indicated 2.6 1.57 4.0 98.8 2,488 1,457 2,619 Inferred 3.6 1.57 5.6 98.9 2,837 1,240 2,241 Total 6.1 1.57 9
Slide 17: Contact
CONTACT Unit 38, 460 Stirling Highway Peppermint Grove, WA, 6011 Australia ASX:IND +61 8 6270 6316 admin@industmin.com industmin.com 17
Industrial Minerals — Shareholder Meeting (November 2022) on 6ix