Syrah Resources Limited · ASX:SYR
Syrah Resources — Q3 2020 Earnings Presentation
16 slides from Syrah Resources's earnings presentation, Oct 21, 2020
Slide 1: Q3 2020 Quarterly Activities Report
For personal use only Q3 2020 Quarterly Activities Report 21 October 2020 Shaun Verner – Managing Director & CEO -
Slide 2: Important notice and disclaimer
Important notice and disclaimer For personal use only This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction.
Slide 3: Syrah's Value Proposition
Syrah’s Value Proposition For personal use only ● Electric Vehicle (EV) adoption is gaining momentum Electric Vehicles require graphite ● Anodes in lithium-ion batteries used in EVs are made of graphite ● Global anode supply chain is currently 100% reliant on China Graphite is a strategic critical m
Slide 4: Positive ESG Profile
Positive ESG Profile For personal use only ISO:45001 and ISO:14001 certification at Balama Leading health and safety standards Vidalia battery anode project being developed to ISO operating standards Sustainability frameworks based on: Global Reporting Initiative (GRI) Best practice sustainabi
Slide 5: Q3 2020: Key Points
Q3 2020: Key Points For personal use only • First production of Active Anode Material (“AAM”) via toll treatment of anode precursor from Vidalia achieved post quarter end - excellent electrochemical characteristics demonstrated Vidalia Battery Anode • Product optimisation via toll production is ongo
Slide 6: Global EV sales recovery indicates increased natural graphite demand
Global EV sales recovery indicates increased natural graphite demand For personal use only H1 2020 EV Sales Down 17% YoY Q3 2020 EV Sales Up 69% YoY +85% 300 -13% +67% +53% Global EV Sales (thousand units) -14% -19% -34% -2% +4% 0 Jan Feb Mar Apr May Jun Jul Aug Sept 2018 2019 2020 Source: All data
Slide 7: Governments rush to secure critical mineral supply chains; move towards electric transport options
Governments rush to secure critical mineral supply chains; move towards electric transport options For personal use only Government announcements during Q3 2020: • Executive Order declaring a national emergency in relation to critical minerals supply: Quote: “United States is 100 percent reliant on
Slide 8: USA and Europe are significantly underinvested in anode capacity
USA and Europe are significantly underinvested in anode capacity For personal use only 1 2 3 Supply Chain Mining / Ore Processing Active Anode Material Precursor Active Anode Material Stages Value Add Processing Steps MILLING/ CARBON THERMAL MINING CONCENTRATION PURIFICATION COATING TREATMENT SHAPIN
Slide 9: Syrah progressing vertically integrated natural graphite anode supply ex-China
Syrah progressing vertically integrated natural graphite anode supply ex-China For personal use only ESG1 Auditable & Verifiable Back to Source Balama Natural Graphite Operation Vidalia Battery Anode Material Project2 MILLING/ CARBON THERMAL MINING CONCENTRATION PURIFICATION COATING TREATMENT SHAPIN
Slide 10: Syrah is a near term anode supply option for USA and European markets
Syrah is a near term anode supply option for USA and European markets For personal use only Vidalia Battery Anode Material Project Export Markets • Planning to establish USA based anode • Potential for Syrah to export from USA to ex-USA markets. Potentially providing ex-China material production ver
Slide 11: Syrah on track to supply natural graphite anode to ex-Asia markets
Syrah on track to supply natural graphite anode to ex-Asia markets For personal use only Note: AAM = Active Anode Material 11
Slide 12: Summary and Outlook
Summary and Outlook For personal use only • Syrah remains on track to become the first vertically integrated producer of natural graphite active anode material outside China • Planned milestones during Q4 2020 include: Vidalia Battery Anode Material Project • Commencement of product qualification wi
Slide 13: Appendix
For personal use only Appendix 13
Slide 14: Syrah's global business to supply growing battery anode demand
Syrah’s global business to supply growing battery anode demand For personal use only Contract Sales Liaison, Sales & Shanghai Marketing Hub, UAE Balama Graphite Vidalia Battery Anode Operation, Material Mozambique Project, Louisiana USA Head Office, Australia 14
Slide 15: Balama Graphite Operation – a Tier 1 asset
Balama Graphite Operation – a Tier 1 asset For personal use only Operation Summary Graphite Mineral Resources and Ore Reserves Location Cabo Delgado Province, Mozambique Classification Tonnes (Mt) TGC3 (%) Graphite (Mt) Life of Mine1 ~50 years Total Resources 1,422 10.0 146.4 Mining Simple open pit
Slide 16: Material Project
Vidalia Battery Anode Material Project For personal use only Project Location: Vidalia (Louisiana, USA) Project History Oct 2020 First production of AAM (toll treated) using anode precursor from Vidalia Proximity to potential customers Access to key utilities First production of purified spheric