Hastings Technology Metals Limited · ASX:HAS
Hastings Technology Metals — Investor Presentation (August 2022)
13 slides from Hastings Technology Metals's investor presentation, Aug 26, 2022
Slide 1: Australia's Next Rare Earths Producer - Corporate Presentation
AUSTRALIA’S NEXT RARE EARTHS PRODUCER CORPORATE PRESENTATION | 26 August 2022 Begin the Future HASTINGS TECHNOLOGY METALS LIMITED | ASX : HAS | Hastings Technology Metals Limited | ASX : HAS Corporate Presentation, 26 August 2022
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer All currency amounts are in A$ unless stated otherwise. Disclaimer This presentation has been prepared by Hastings Technology Metals Limited (“Company” or “Hastings”). It does not purport to contain all the information that a prospective investor may require in conne
Slide 3: Transaction Highlights
Transaction Highlights Definitive agreement to acquire a 22.1% stake in Neo Performance Materials to be funded by A$150m investment from Wyloo Metals • Hastings Technology Metals Limited (“HAS”) has entered into a binding Share Purchase Agreement with an affiliate of Oaktree Capital Management, L.P.
Slide 4: Mine-to-Magnet Value Chain
Mine-to-Magnet Value Chain Hastings is focused on the delivery of the Yangibana Project spanning steps 1-3 (upstream). Neo’s operations span steps 4-7 (downstream) of the mine-to-magnet supply chain Current Focus for Current Focus for 1 2 3 4 5 6 7 Mining Beneficiation Hydrometallurgy Oxide Separati
Slide 5: Strategic Purpose
Strategic Purpose Hastings sees the acquisition of the stake in Neo as an exciting first step in the Hastings 2.0 Strategy, to create a fully-integrated mine-to-magnet supply chain Yangibana Rare Yangibana Hastings 2.0 Earths Project Expansion 1 Deliver Mixed Rare Earth Accelerate newly Partner with
Slide 6: Europe to be a Key Market for EVs
Europe to be a Key Market for EVs Europe is expected to be a major hub for the production of EVs and therefore a key source of demand for NdFeB permanent magnets European Gigafactories1 “Volkswagen’s product portfolio is focused on electric mobility. The last purely combustion-driven platform will b
Slide 7: Global Supply Deficit Approaching Reality
Global Supply Deficit Approaching Reality Market for NdPr will be in deficit over coming decade, largely due to strong demand growth for NdFeB permanent magnets NdFeB projected demand NdPr market imbalance Global NdFeB demand expected to increase 3.9x over the Sizeable supply gap emerges in later pa
Slide 8: Corporate Overview - Neo Performance Materials
Corporate Overview - Neo manufactures advanced materials, including magnets, that incorporate rare earth and rare metal elements Corporate snapshot (24 August 2022) TSX: NEO Tier 1 Customers Market Cap. Share price ($/s) C$583m C$14.33 52-week high: C$22.74 52-week low: C$10.64 Shares on issue Major
Slide 9: Business Units Overview - Neo
Business Units Overview - Neo is organised into three operating business segments (in addition to a corporate segment) which have collectively generated revenue of US$608m over the last twelve months LTM revenue: US$223m LTM revenue: US$283m LTM revenue: US$102m (revenue share 37%)1,2 (revenue share
Slide 10: Global Operating Footprint - Neo
Global Operating Footprint - Neo owns the only commercial rare earth separation and rare metals facility in Europe REE Separation • Sillamäe, Estonia • Zibo, China Neo is accelerating plans to • Jiangyin, China expand its separation plant and construct a new sintered REE Metal Production NdFeB magne
Slide 11: Historical Financial Performance - Neo
Historical Financial Performance - Neo has delivered strong growth in earnings and returned US$48m in dividends to shareholders since FY19 Q2 FY22 Commentary1 Annual Revenue (US$m)1,2 • Record revenue, net income and adjusted EBITDA for the 800 six months ended 30 June 2022 since re-emerging as a 60
Slide 12: Transaction Funding - Exchangeable Notes
Transaction Funding - Exchangeable Notes The acquisition of the Neo stake will be funded by Wyloo subscribing for A$150m exchangeable notes Overview of Wyloo Metals Key Terms • Wyloo Metals is a privately-owned Term • 3 years metals company with a focus on investing in the critical mineral supply Fa
Slide 13: Begin the Future - Enabling Green Technologies
Begin the Future Enabling Green Technologies PERTH SINGAPORE CONTACT INFO Level 3, 5 Mill Street 10 Anson Road T: +61 8 6117 6118 Perth WA 6000 #19-02 International Plaza E: info@hastingstechmetals.com Australia Singapore 079903 W: hastingstechmetals.com
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