Igo Limited · ASX:IGO
Igo — BofA Global Metals, Mining & Steel Conference 2023
18 slides from Igo's conference presentation, May 17, 2023
Slide 1: ASX Release: Presentation to BofA Global Metals, Mining and Steel Conference
ASX RELEASE 17 May 2023 PRESENTATION TO BofA GLOBAL METALS, MINING AND STEEL CONFERENCE IGO Limited (ASX: IGO) (IGO or the Company) is pleased to attach a copy of the presentation provided to the Bank of America Global Metals, Mining and Steel Conference which is being held in Barcelona this week. I
Slide 2: BofA Global Metals, Mining & Steel Conference 2023
BofA Global Metals, Mining & Steel Conference 2023 Matt Dusci – Acting Chief Executive Officer 17 May 2023 IGO LIMITED
Slide 3: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer • This presentation has been prepared by IGO Limited (“IGO”) applications and approvals, construction, financing • Nickel cash costs are reported inclusive of royalties and after (ABN 46 092 786 304). It should not be considered as an offer arrangements and access
Slide 4: Our Strategy
Our Strategy Aligned to our purpose – Making a Difference To be a globally relevant supplier of products critical to the clean energy transition Diverse suite of products Made safely, ethically, sustainably and reliably Vertically Integrated Linking upstream and downstream into the supply chain Net
Slide 5: Our Business
Our Business Key Recent Highlights Quality Asset Portfolio High quality, diverse portfolio of assets with direct connectivity to the battery supply chain Significant Growth Exceptional opportunity to increase production, optimise operations and increase margins Downstream Integration Advanced our do
Slide 6: Our Portfolio
Our Portfolio Diverse, Australian based clean energy metals portfolio with a pipeline of growth Greenbushes Lithium Operation (Li) Upstream Nova Operation (Ni-Cu-Co) Forrestania Operation (Ni) Kwinana Lithium Hydroxide Refinery (LiOH) Downstream Study on PCAM Refinery (Ni, Mg, Co) Cosmos Project (Ni
Slide 7: Financial Performance
Financial Performance Strong lithium business performance has underpinned FY23 performance to date Quarterly EBITDA1 and NPAT Quarterly share of TLEA NPAT Quarterly Dividend Received from (A$M) (A$M) TLEA (A$M) 600 500 400 533 450 450 NPAT EBITDA 350 334 500 321 436 400 398 412 345 300 350 400 338 3
Slide 8: Lithium Business
Lithium Business TLEA Joint Venture (IGO: 49% / Tianqi Lithium Corporation: 51%) IGO Limited | BofA Global Metals, Mining & Steel Conference 2023 Page 7
Slide 9: Lithium Joint Venture with Tianqi
Lithium Joint Venture with Tianqi Building a globally relevant, integrated lithium business Tianqi Lithium 49% Energy Australia (TLEA) 100% Global JV (ex China) 51% Kwinana Lithium Hydroxide Refinery 51% VvWindfield Holdings 49% 100% Greenbushes Lithium Operation IGO Limited | BofA Global Metals, Mi
Slide 10: Greenbushes Lithium Operation
Greenbushes Lithium Operation Consistent production performance and cost control Quarterly Production and Cost of Goods Sold FY23 YTD Financial Performance1 A$/t EBITDA: $A6.3B kt $292 EBITDA Margin: 89% 400 300 $263 380 $254 $253 $242 $235 250 360 $219 340 On track to deliver around the top end of
Slide 11: Greenbushes Lithium Operation
Greenbushes Lithium Operation Multiple strategic growth projects Expanding processing capacity to deliver Greenbushes Processing Capacity Expansions1 Processing Capacity higher production rates 2,500,000 520ktpa Chemical Grade Plant 4 (520ktpa) Improving efficiencies via new mining (Subject to FID)
Slide 12: Kwinana Refinery
Kwinana Refinery Ramp up of Train 1 progressing Lithium Hydroxide Production & Capacity (ktpa) (100%) Tonnes 3Q23 production improved to 963 tonnes (~16% of capacity) 1,200 18% 16% 16% 1,000 14% 800 12% Next stage of customer qualification expected to be completed during the June 2023 quarter 10% 10
Slide 13: Nickel Business
Nickel Business IGO Limited | BofA Global Metals, Mining & Steel Conference 2023 Page 12
Slide 14: Our Nickel Business
Our Nickel Business Building an integrated nickel business Nova Operation Forrestania Operation Cosmos Project Downstream Exploration Production Production In Development Feasibility study and partnering Ongoing process underway High-quality, low-cost nickel Operating underground nickel High quality
Slide 15: Integrated Battery Materials Facility
Integrated Battery Materials Facility Land allocation at Kwinana a first step toward an integrated cathode precursor facility Strong support from the Western Australian Government to expand WA’s battery chemical manufacturing capability Proposed plant will produce cathode precursor (PCAM) chemical f
Slide 16: Summary
Summary IGO Limited | BofA Global Metals, Mining & Steel Conference 2023 Page 15
Slide 17: Summary
Summary A business 100% aligned to products critical to clean energy transition High-quality asset portfolio Significant growth opportunities across the portfolio Upstream and downstream integration Delivering outstanding financial performance Unique culture with a commitment to our people and the c
Slide 18: Making a Difference
Making a We believe in a world where people power makes How? Developments in battery storage technology amazing things happen. are enabling the full potential of renewable energy to be realised, by allowing energy produced from the Where technology opens up new horizons and clean sun, wind and other
IGO — BofA Global Metals, Mining & Steel Conference 2023 on 6ix