Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Collerina Cobalt — Shareholder Meeting (October 2017)
26 slides from Alpha Hpa's shareholder meeting presentation, October 2017
Slide 1: Annual General Meeting – Mining the Metals of the Future
ASX:2017 ANNUAL GENERAL MEETING – 30 NOVEMBER CLL October 2017 MINING THE METALS OF THE FUTURE
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Collerina Cobalt Limited (ABN 79 106 879 690) (“Collerina Cobalt” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation w
Slide 3: Collerina Cobalt Limited (ASX: CLL)
Collerina Cobalt Limited (ASX : CLL) Collerina Cobalt (‘CLL’) is an ASX-listed high purity alumina (HPA)-nickel-cobalt company focused on advancing its 100% owned Collerina Project in central NSW. CLL’s vision is to combine its management’s experience in exploration and project development with prop
Slide 4: Investment Highlights
Investment Highlights ➢ A unique HPA-nickel-cobalt project favourably located in one of Australia’s most prolific mining jurisdictions o Proximal to CleanTeq’s Sunrise and Australian Mines’ Flemington projects ➢ Proprietary processing technology capable of delivering strong economics o Licensed proc
Slide 5: Corporate snapshot
Corporate snapshot Trading Information ASX Code CLL Share Price (29-Nov-17) 14.0c 52 trading low/high 1.7c-14.0c Issued shares 487.2M Unlisted options (@2c) 10.0M (expiry 24 October 2018) Unlisted options (@10c) 4.0M (expiry 31 October 2019) Market Capitalisation $68.2M Cash (29-Nov-17) $2.3M* Enter
Slide 6: Board and management
Board and management Norman Seckold - Chairman 30+ years in the full time management of natural resource companies. Past Chairman and Director of listed companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Minerals NL, Palmarejo Silver & Gold and C
Slide 7: Collerina Project – NSW, Australia
Collerina Project – NSW, Australia ➢ The Collerina Project area (EL 6336 & ELA 5506) covers ~224km2 ➢ Drilling has defined discrete zones of high grade Co up to 0.70% Co over 4m including 1.02% Co over 2m ELA5506 ➢ Mineralisation lies between surface and ~60m. Deposit remains C1 open at depth and al
Slide 8: Located in Australia's tech metals basin
Located in Australia’s tech metals basin A Premier Address ➢ Copper, zinc, gold, silver and scandium projects/mines including Northparkes and Cadia. ➢ Established mining district with highly experienced workforce. ➢ Project located between Cobar and Dubbo, 130km SE of CleanTeq’s Sunrise Project (for
Slide 9: High Purity Alumina (HPA)
High Purity Alumina (HPA) ➢ HPA is the pure form of aluminium oxide (Al2O3) How Many 9s? SGA 99.5% purity ~US$400/t ➢ Its value derives from its physical properties of extreme hardness & chemical stability 3N HPA 99.9% purity ~US$6,000/t ➢ Price and performance of HPA varies upon product density, pa
Slide 10: Demand for HPA
Demand for HPA Demand for HPA is primarily being driven by the increasing adoption of LED (Light Emitting Dioxide) products, separators in lithium ion batteries and scratch resistant artificial sapphire glass for smartphone screens and watches 4N HPA Consumption by Application (2016) ➢ Growth for HP
Slide 11: Supply of HPA
Supply of HPA ➢ Current HPA supply is concentrated in the Asia Pacific region (~83%) with China the most prolific producer ➢ Current production is dominated by large diversified chemical companies where HPA is a non-core product and an immaterial percentage of revenue (< 5% for Sumitomo Chemicals) ➢
Slide 12: Peer Comparison - HPA Players
Peer Comparison - HPA Players CLL plans to distinguish itself from its peers by producing 4N HPA from Laterite Ore Feedstock Laterite Ore Kaolin Kaolin Kaolin Kaolin 4N HPA 4N HPA 4N HPA 4N HPA 4N HPA Targeted Products Significant co-products No co-products No co-products No co-products No co-produc
Slide 13: A unique product offering
A unique product offering Deposit geology and exclusive process flowsheet IP uniquely positions CLL for the production of multiple high value revenue products of HPA + nickel & cobalt sulphates + scandium oxide CLL is uniquely positioned across the technology metals spectrum HPA Players Ni-Co-Sc Pla
Slide 14: Peer Comparison - Nickel/Cobalt Players
Peer Comparison - Nickel/Cobalt Players Project(s) Collerina KNP/Cobalt Zone Sconi/Flemington Clean TeQ Sunrise Ni/Co Sulphate Ni/Co Sulphate Ni/Co Sulphate Ni/Co Sulphate Targeted Products Scandium Oxide Scandium Oxide Scandium Oxide Scandium Oxide PFS Q1 2018 PFS 2016 PFS 2016 Project Stage PFS Q2
Slide 15: Nickel-Cobalt Sulphates are in hot demand
Nickel-Cobalt Sulphates are in hot demand Battery chemistries are increasingly moving to Nickel/Cobalt compositions due to superior battery life, energy density and performance stability Manganese 6% 11% 12% 11% 14% 30% 2% LMO LCO 28% NMC NCA LiMn2O4 LiCoO2 LiNiMnCoO2 LiNiCoAlO2 94% 89% 30% 73% Niss
Slide 16: Metallurgical testwork – process flowsheet
Metallurgical testwork – process flowsheet CLL’s process flowsheet utilises a series of proprietary processes capable of delivering several high-end specialty product streams CCAL Aluminium Process ~10ktpa Proprietary 4N HPA Ni 89.9% Recoveries Co 94.1% Aluminium & Al 66.3% Scandium Solvent ~US$25k/
Slide 17: Indicative timetable
Indicative timetable 2-Oct 9-Oct 16-Oct 23-Oct 30-Oct 6-Nov 13-Nov 20-Nov 27-Nov 4-Dec 11-Dec 18-Dec 25-Dec 1-Jan 8-Jan 15-Jan 22-Jan CCAL TESTWORK Generation of Pregnant Leach Solution (PLS) HPA TESTWORK Aluminium Solvent Extraction HPA batch sample Mini-Rig Program* Expected to be concluded
Slide 18: Collerina Cobalt – a value proposition
Collerina Cobalt – a value proposition ➢ Unique deposit geology highly amenable to simple, low cost and well accepted processing techniques ➢ Licensed proprietary processing technology to deliver multiple high-value product streams ➢ Anticipated modest capex and high operating margins ➢ Highly exper
Slide 19: www.collerinacobalt.com.au
www.collerinacobalt.com.au Norman Seckold Chairman nseckold@collerinacobalt.com.au Justin Werner Managing Director jwerner@collerinacobalt.com.au Rimas Kairaitis Technical Director rkairaitis@collerinacobalt.com.au Peter Nightingale Director/Chief Financial Officer pnightingale@collerinacobalt.com.a
Slide 20: Appendices
Appendices 20
Slide 21: Li-Bs are driving nickel - cobalt demand
Li-Bs are driving nickel - cobalt demand Cobalt is a critical component in the cathode of rechargeable lithium-ion batteries (Li-B’s), playing an important role in improving battery life, energy density and stability world cobalt demand comes from the Li-B market with this percentage set to grow to
Slide 22: Cobalt - the supply equation
Cobalt - the supply equation of global cobalt production results as a by-product of copper and nickel mining meaning future ~95% Cu supply is susceptible to the outlook for these metals Ni of global production comes from the ~56% Democratic Republic of Congo (DRC) of which nearly half if thought to
Slide 23: Cobalt price projection through 2025
Cobalt price projection through 2025 Robust demand fundamentals and a constrained supply-side outlook underpin Cobalt’s recent price rise and positive outlook 90,000 40 LME cobalt prices have stabilised above US$55k/tonne (US$25/lb), 35.01 (f) 35.20 (f) 80,000 up from their 5-year average of 33.05 (
Slide 24: Battery costs will underpin EV penetration
Battery costs will underpin EV penetration Batteries with lower cost structures and greater energy densities will drive EV penetration and demand for battery metals Forecast demand for key battery materials….. 1200 …. is highly correlated to expected EV penetration 800 Battery Costs (US$/kWh) Source
Slide 25: The CCAL / HPA process
The CCAL / HPA process The CCAL process utilises 2 stages of leaching before solvent extraction and refining into High Purity Alumina CCAL - Stage 1 Ore is leached in a lower concentrate free acid solution producing a pregnant leach solution with relatively low residual acidity. The leach residue so
Slide 26: Statement of Compliance
Statement of Compliance Compliance Statement Information regarding the Mineral Resource at the Collerina project was prepared and first disclosed under the 2004 Edition of the ‘Australasian Code for Reporting of ‘Exploration Results, Mineral Resources and Ore Reserves’. See ASX announcement dated 23
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