Wa1 Resources Ltd · ASX:WA1
Wa1 Resources — Fastmarkets International Ferroalloys Conference 2024
22 slides from Wa1 Resources's conference presentation, Nov 11, 2024
Slide 1: A New Source of Niobium
Nb For personal use only WESTERN AUSTRALIA A NEW SOURCE OF NIOBIUM FASTMARKETS INTERNATIONAL Investors Product Marketing FERROALLOYS CONFERENCE Paul Savich Gustavo Macedo Managing Director Niobium Marketing Advisor NOVEMBER 2024 E: psavich@wa1.com.au E: gmacedo@wa1.com.au
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER Nature of Document: This presentation has been prepared and issued by WA1 Resources Not an offer: This presentation and its contents are not an invitation, offer, solicitation or Ltd (WA1, the Company) to provide general information about the Company. The recommendat
Slide 3: West Arunta Project
WEST ARUNTA PROJECT Luni niobium deposit was discovered in 2022 and is located in Western Australia, For personal use only a tier-1 mining jurisdiction 100% owned by WA1 Luni niobium deposit Most significant niobium discovery since CBMM’s Araxá mine in 1953 The niobium market is highly concentrated
Slide 4: Luni Mineral Resource
LUNI MINERAL RESOURCE1 Inferred Mineral Resource estimate (MRE) contains world-class grade and scale: 2.1% 200 Mt @ 1.0% Nb2O5 For personal use only The MRE contains a significant high-grade subset of: 53 Mt at 2.1% Nb2O5 Deposit characteristics indicate Luni may be amenable to open pit mi
Slide 5: CBMM's Araxá Deposit
CBMM’S ARAXÁ DEPOSIT GRADE OF KEY NIOBIUM PRODUCERS2 (Nb2O5) The Araxá niobium deposit was discovered in 1953 and is in 2.5% the state of Minas Gerais, Brazil1 80% GLOBAL SUPPLY BY PRODUCER3 For personal use only Supply’s over 80% of the world's niobium The carbonatite complex is circular in s
Slide 6: Niobium Industry Process Flowsheets
NIOBIUM INDUSTRY PROCESS FLOWSHEETS1 The three existing niobium mines follow a similar flowsheet to produce a ferroniobium end-product for direct use in the steelmaking process For personal use only WA1 is testing a conventional flowsheet utilising similar steps to the three existing mines Dif
Slide 7: Initial Process Testwork Results for Luni
INITIAL PROCESS TESTWORK RESULTS FOR LUNI1 1 2 3 REFINING CONVERSION TO BENEFICIATION (Pyrometallurgy or FERRONIOBIUM For personal use only Hydrometallurgy) (Pyrometallurgy) Crushing and Grinding Calcining Future Testwork Programs FEED GRADE ~4.15% Nb2O5 Desliming HCl Leach Phosphate Flotation Refin
Slide 8: Niobium – A Globally Critical Mineral
NIOBIUM – A GLOBALLY CRITICAL MINERAL FeNb supply1 For personal use only FeNb demand2 CANADA 8% Listed as critical3 EUROPE 20% NORTH AMERICA 18% JAPAN S. KOREA CHINA 13% 35% Identified by many countries as a critical mineral due to 11% supply concentration BRAZIL 91% EU Critical Mineral Rankings - 2
Slide 9: Corporate Snapshot
CORPORATE SNAPSHOT CAPITAL STRUCTURE BOARD OF DIRECTORS SHARE PRICE (8 NOVEMBER 2024) A$13.27 Gary Lethridge Paul Savich Non-Executive Chairperson Managing Director For personal use only SHARES ON ISSUE 67.7M Significant corporate experience from Diverse experience from project OPTIONS1 AND PERF
Slide 10: Advancing an Essential Critical Mineral Project
For personal use only ADVANCING AN ESSENTIAL CRITICAL MINERAL PROJECT FOR THE CONSTRAINED, HIGH-VALUE NIOBIUM MARKET Investors Product Marketing Media Paul Savich Gustavo Macedo Michael Vaughan Managing Director Niobium Marketing Advisor Fivemark Partners WA1 Resources Ltd E: psavich@wa1.com.au E: g
Slide 11: Appendix A - Project
APPENDIX A - PROJECT For personal use only 11 |
Slide 12: Key Project Workstreams
KEY PROJECT WORKSTREAMS Drilling Process Testwork Environmental For personal use only Metallurgical, hydrogeological, Optimisation and variability Baseline surveys and infill and extensional drilling testwork is ongoing to support studies underway underway flowsheet development Logistics Power & Wat
Slide 13: Pre-Development Activities
PRE-DEVELOPMENT ACTIVITIES Key infrastructure established to support ongoing exploration and pre-development activities For personal use only Long lead time de-risking studies and activities are underway, including environment, community, hydrogeology, geotechnical, infrastructure and transport
Slide 14: Community & Sustainability
COMMUNITY & SUSTAINABILITY The West Arunta Project is located on the lands of two native title groups: Parna Ngururrpa (Luni niobium deposit, non-process infrastructure) For personal use only Tjamu Tjamu (project access, NPI and transport corridor) Negotiation Protocols are in place with bot
Slide 15: Project Delivery Team
PROJECT DELIVERY TEAM PROJECT DEVELOPMENT GEOLOGY METALLURGY David English, Project Director Stephanie Wray, GM Exploration & Geology Roy Gordon, Metallurgical Manager Experienced mining professional with over 30 years Planned and executed WA1’s maiden drill program and has Metallurgical exper
Slide 16: Appendix B – Niobium Industry
APPENDIX B – NIOBIUM INDUSTRY For personal use only 16 |
Slide 17: Ferroniobium Demand
FERRONIOBIUM DEMAND NIOBIUM DEMAND BY TYPE1 Global ferroniobium production is approximately 115ktpa and For personal use only sells for ~US$30,000/t1 Micro-alloyed steels using OIL & GAS STRUCTURAL niobium increase the efficiency PIPELINES of the steel industry Strength improvements allow ligh
Slide 18: The Only Replacement for Steel Is Better Steel
THE ONLY REPLACEMENT FOR STEEL IS BETTER STEEL For personal use only MARINA BAY SANDS - SINGAPORE OPTUS STADIUM - PERTH 130,000t total steel used in construction Adding 0.02% Nb to steel componentry resulted in a total steel saving of 12,000t while improving build quality Utilised 40t of FeNb 65% co
Slide 19: Niobium Oxide Demand
NIOBIUM OXIDE DEMAND Niobium oxide is predominately NIOBIUM DEMAND BY TYPE3 produced through additional For personal use only treatment applied to refined ferroniobium1 NIOBIUM OXIDE 12% Key established and high-growth markets include2: AEROSPACE SUPERCONDUCTORS Superconductive magnets and cap
Slide 20: Niobium Oxide Demand – Batteries
NIOBIUM OXIDE DEMAND – BATTERIES NIOBIUM BATTERY TECHNOLOGY NIOBIUM BATTERY LEADERS • Up to 10x longer life than traditional batteries – For personal use only significantly reducing e-waste1,2 • Ultra-fast charging – full charge in 6 minutes or less2 • Increased stability – up to 20,000 fast charge
Slide 21: Appendix C - References and Notes
APPENDIX C - REFERENCES AND NOTES SLIDE 3 SLIDE 17 1. For full details refer to WA1 website and previous ASX announcements 1. Mordor Intelligence, Global Niobium Market, 2022 2. Source: Niobium Tech presentation “Niobium solutions for a sustainable future” viewed at <https://niobium.tech/- SLIDE 4 /
Slide 22: Appendix D – Mineral Resource & Competent Person Statement
APPENDIX D – MINERAL RESOURCE & COMPETENT PERSON STATEMENT Tonnes Nb₂O₅ (%) Nb₂O₅ (kt) P₂O₅ (%) P₂O₅ (kt) For personal use only (Mt) Inferred 200 1.0 1,900 8.8 17,000 1. Mineral Resources are classified and reported in accordance with JORC Code (2012). Competent Person Statements: 2. The effective d
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