Pt Merdeka Battery Materials Tbk · IDX:MBMA
Pt Merdeka Battery Materials Tbk — Merdeka Battery Materials — Investor Presentation (October 2023)
21 slides from Pt Merdeka Battery Materials Tbk's investor presentation, October 2023
Slide 1: Merdeka Battery Materials: Supporting the Global Energy Transformation
Merdeka Battery Materials Supporting the Global Energy Transformation October 2023 IDX: MBMA I www.merdekabattery.com
Slide 2: Disclaimer
Disclaimer The information in this presentation has been prepared by representatives of PT Merdeka Battery Materials Tbk (the "Company") for use in presentations by the Company and does not constitute a recommendation regarding the securities of the Company. No representation or warranty, express or
Slide 3: MBM in Numbers
Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan, or the Republic of Indonesia in a manner which constitutes a public offering under the laws of the Republic of Indonesia MBM in Numbers 88,000 tonnes p.a. US$5.2 billion Nick
Slide 4: Portfolio Overview
Portfolio Overview Merdeka Group controls a portfolio of globally significant assets across Indonesia with mineral resources of 35.2Moz of gold, 8.4Mt of copper, 13.8Mt of nickel and 1.0Mt of cobalt Legend: Mine & Downstream Processing1 Acid Iron Metal (AIM) Project : Merdeka Copper Gold assets Owne
Slide 5: Corporate Structure
Corporate Structure MBM is supported by reputable Indonesian shareholders via parent company Merdeka Copper Gold (IDX: MDKA) and has established strong strategic relationships with global leaders in the EV battery value chain Key Indonesian Shareholders Other Merdeka Thohir Copper Gold Group Shareho
Slide 6: Major Shareholders
Major Shareholders Provident, Saratoga and the Thohir Group have an established history of co-investment with a distinguished track record in building value through multi-billion dollar companies and attracting blue chip international investors Edwin Soeryadjaya Michael Soeryadjaya Winato Kartono Ha
Slide 7: MBM Assets Overview
Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan, or the Republic of Indonesia in a manner which constitutes a public offering under the laws of the Republic of Indonesia MBM Assets Overview MBM’s assets are strategically lo
Slide 8: SCM Mine
SCM Mine The SCM Mine was discovered by Rio Tinto in 2000 and is regarded as one of the world’s largest nickel deposits SCM Mine Snapshot Mining Concession 1.1 billion dmt containing 13.8Mt of Resources1 nickel and 1.0Mt of cobalt 188 million dmt containing 2.4Mt of Reserves2 nickel and 0.2Mt of cob
Slide 9: SCM Mine Haul Road
SCM Mine Haul Road The dedicated haul road upgrade linking the mine site to IMIP is now complete and saprolite ore haulage has commenced 9
Slide 10: SCM Mine Haul Road (cont.)
SCM Mine Haul Road (cont.) In mid August, MBM loaded the first shipment of saprolite ore onto haulage trucks for delivery to IMIP RKEF plants 10
Slide 11: RKEF Plants
RKEF Plants CSI and BSI plants have been fully operational since late 2019 and a larger third plant, ZHN, was commissioned in June 2023 Summary CSI BSI ZHN • ZHN has more than doubled MBM’s RKEF processing capacity from 38,000 to 88,000 tonnes per annum of nickel in NPI • ZHN will deliver 21,000 to
Slide 12: Nickel Matte Overview
Nickel Matte Overview HNMI produces a high-grade nickel matte product with nickel content >70%. MBM is expected to produce 28,000 to 31,000 tonnes of nickel in nickel matte, following acquisition completion in 2Q 2023 Simplified Flow Diagram 60% 40% RKEFs Converter Nickel matte is an intermediate pr
Slide 13: HPAL Development Plan
HPAL Development Plan MBM plans to develop multiple HPAL processing plants in partnership with leading battery material companies Partner CATL GEM • Nameplate capacity of 30ktpa of nickel in MHP, to be developed in two stages: Stage 1 at 20ktpa and Stage 2 Capacity • Nameplate capacity of 60ktpa of
Slide 14: AIM Project Overview
AIM Project Overview AIM will begin operations in Q4 2023 and ramp up towards nameplate acid production of 1.2Mtpa Wetar Copper AIM Project Mine Raw Material (80%) (20%) AIM High-grade pyrite (FeS2) feedstock from Wetar 1. Crush/Grind/ 2. Roast and 3. Chloridising 4. Metal Process sufficient to supp
Slide 15: AIM Project Overview (cont.)
AIM Project Overview (cont.) AIM is a significant growth opportunity for MBM and is well positioned to benefit from the growth in acid demand expected as additional HPAL plants are constructed at IMIP and across Indonesia 15
Slide 16: Capturing the Entire Battery Value Chain
Capturing the Entire Battery Value Chain MBM is a vertically integrated operation with existing profitable nickel processing facilities and planned HPAL plants to capture the full battery materials value chain Limonite, Acid, AIM Limestone Steam, Limestone 3rd Party HPAL SCM Mine Projects Mine Plant
Slide 17: ESG is Central to MBM's Long-term Strategy
ESG is Central to MBM’s Long-term Strategy Merdeka has been working diligently on its ESG practices. MBM has its own ESG focus and is monitored as a subsidiary of Merdeka, thus the shareholders are aligned to ensure world-class ESG performance MBM’s ESG Vision Select Merdeka ESG Achievements • To be
Slide 18: Corporate Milestones
Corporate Milestones MBM OpCos’ Milestones Over Time (Illustrative) AIM project to produce first AIM project achieving Signed a JV acid in 4Q 2023 nameplate capacity agreement with Acquired Tsingshan for majority stake in ZHN entered Other potential construction of ZHN commissioning in June Advance
Slide 19: Experienced Management Team
Experienced Management Team Highly Experienced Management Team Key Personnel / Biography Track Record Previous Experience Jason Greive • Qualified metallurgist with a strong track record in driving value Director and CEO through operational improvement 29+ years of international mining experience Ma
Slide 20: Investment Highlights
Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan, or the Republic of Indonesia in a manner which constitutes a public offering under the laws of the Republic of Indonesia Investment Highlights Globally Significant Resource T
Slide 21: PT Merdeka Battery Materials Tbk
Not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia, Japan, or the Republic of Indonesia in a manner which constitutes a public offering under the laws of the Republic of Indonesia PT Merdeka Battery Materials Tbk Treasury Tower 69th
Merdeka Battery Materials — Investor Presentation (October 2023) on 6ix