Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Diggers & Dealers (October 2024)
23 slides from Centaurus Metals's conference presentation, October 2024
Slide 1: Unleashing Jaguar: Developing the world's next significant nickel sulphide mine
Unleashing Jaguar: Developing the world’s next significant nickel sulphide mine Darren Gordon, Managing Director
Slide 2: Disclaimer
Disclaimer ● This presentation does not constitute investment advice. 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. This presentation does not take into
Slide 3: Centaurus Metals Investment Overview
Centaurus Metals Key Asset Jaguar Nickel Sulphide Project Investment overview World-class nickel Resource of 1.2Mt contained nickel First quartile capital and FS shows production of operating costs 18.7ktpa of nickel over +18 year mine life Favourable Extremely low carbon infrastructure-rich footpri
Slide 4: Corporate Summary
Corporate Summary 496m Experienced leadership team, clean corporate structure and strong balance sheet with clear a pathway to value growth as project development advances. Shares on issue A$183m Market cap at A$0.37 66.3% Highly Experienced Board Top-20 holders ~A$25m Cash (30/6/24) 7.1m Broker Cov
Slide 5: Western Gigafactory Development Pipeline
Western Gigafactory Development Pipeline Over ~2,350GWh of capacity growth in the pipeline with ~1,950GWh Ni-based North American & European Gigafactory Pipeline (1) Gigafactory Capacity (GWh) (2) Europe North America 3,000 N O 2,500 L L N N 2,000 N N O N 1,500 N N N L N N O N N N 1,000 L N N L N N
Slide 6: Brazil – A Tier-1 Mining Location
Brazil – A Tier-1 Mining Location Responsible mining in an emission-friendly jurisdiction STRATEGIC MINERALS POLICY ENVIRONMENTAL ROAD MAP TO MINING Recently created to assist in the Approval process clearly defined Well-established mining regulation approval process for strategic with Jaguar EIA Ap
Slide 7: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province A Tier-1 global mining province – “land of the giants” The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 7
Slide 8: Brazil's Carajás Mineral Province: Outstanding infrastructure and logistics
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (230kV) grid power runs within 40km of the Project ● Brazil’s national power grid runs on +80% renewables ● Low cost, clean power ● Project located 40km north of Tucumã and Ourilândia do Norte (pop +70,000) – m
Slide 9: The New Nickel Sulphide Powerhouse on the ASX
The New Nickel Sulphide Powerhouse on the ASX Positive Feasibility Study a key investment catalyst Ready to go FS complete, Key Environmental Licence issued FID targeted for Q2 2025 Scale 18,700tpa Ni production, 18-year life Ore Reserve: 63Mt at 0.73% Ni – 459,200t Ni Low costs Low up-fro
Slide 10: Jaguar – Low Operating Costs to Drive Strong Margins
Jaguar – Low Operating Costs to Drive Strong Margins Open pit mining supported by low-cost, low-emission power US$0.035/kWh via 230kV Brazilian national grid powered by renewables Conventional open-cut mining and processing US$/lb of Nickel US$/t of ore Cost in Concentrate milled Produced Mining $18
Slide 11: Jaguar – Low Operating Costs to Drive Strong Margins
Jaguar – Low Operating Costs to Drive Strong Margins First quartile AISC amongst global operators and developers Life-of-mine AISC of US$3.57/lb (Contained Basis) = US$4.70 Payable Basis Low AISC driven by US$0.035/kWh grid power – 100% renewables 11
Slide 12: Jaguar – Long Life with Low Capital Intensity
Jaguar – Long Life with Low Capital Intensity Conventional nickel flotation plant Capital payback of 2.7 years from first nickel concentrate production Total Description USD$M Pre-Strip Mining (incl waste for IWL Construction) 67.8 Process Plant 101.0 Tailings and Water Management 18.5 Non-Process I
Slide 13: Jaguar – Long Life with Low Capital Intensity
Jaguar – Long Life with Low Capital Intensity First quartile capital intensity amongst global undeveloped projects Pre-production Capex of US$371 million Capital Intensity Curve (US$ Pre-Production Capital/tpa Ni payable, 2024 real) Conventional Ni-float plant to be built in established mining juris
Slide 14: Jaguar – A Class Leader in GHG Emissions
Jaguar – A Class Leader in GHG Emissions Poised to deliver high-quality, low-emission nickel to global markets Jaguar is currently net sequester of Carbon CO2 footprint forecast to be lower than 94% of global nickel production GHG Intensity Curve – Nickel (E1 GHG Emission Metrics®) Scope 1 1.55t Sco
Slide 15: Jaguar – A World Class Nickel Deposit
Jaguar – A World Class Nickel Deposit Large-scale Tier-1 Resource with further exceptional growth potential JORC MRE: 138.2Mt @ 0.87% Ni for 1.20 million tonnes of contained nickel The highest-grade undeveloped nickel sulphide deposit globally with +1Mt of contained nickel metal and completely unenc
Slide 16: Jaguar – a near surface high-grade opportunity
Jaguar – a near surface high-grade opportunity Optimised mine plan to support early capital payback HIGH-GRADE: 36.1Mt @ 1.49% Ni for 537,900 tonnes of contained nickel (1.0% nickel cut-off ) 8.3Mt @ 1.52% Ni for 125,400 tonnes of contained nickel sits less than 100m from surface – fresh sulphide mi
Slide 17: Jaguar – Upside and Growth Opportunities
Jaguar – Upside and Growth Opportunities Improvement opportunities to be pursued ahead of FID Resources of 21.5Mt at 1.46% Ni for 313kt of contained nickel metal sits below the current FS pit designs – strong underground opportunity ● Re-optimise and re-schedule the open pits; allowing for 30% inc
Slide 18: Project Funding Overview
Project Funding Overview Centaurus is actively advancing discussions to secure project level equity and debt funding ahead of a Final Investment Decision in Q2 2025 Strategic Partnering & Equity Debt • Preliminary engagement with potential partners in recent months has • Debt funding discussions to
Slide 19: Jaguar Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline H2/2027 – First Production H2/2025-H1/2027 – Construction Phase Q2/2025 – Final Investment Decision - FID Q3/2024 – Definitive Feasibility Study Q1/2024 – Preliminary Licence (LP) Issued Q1/2024 – Mining Lease Application Approved Q2/2023 – 100% Offtake R
Slide 20: Key investment takeaways
Centaurus Metals Key Asset Jaguar Nickel Sulphide Project Key investment takeaways World-class nickel Resource of 1.2Mt contained nickel Low capital – US$371M FS shows production of First quartile AISC – US$3.57/lb 18.7ktpa of nickel over +18 year mine life Favourable infrastructure- Extremely low c
Slide 21: Unleashing Jaguar: Developing the world's next significant nickel sulphide mine
Unleashing Jaguar: Developing the world’s next significant nickel sulphide mine Authorised for release by Darren Gordon – Managing Director +61 8 6424 8420 : office@centaurus.com.au : Centaurus Metals : @CentaurusMetals
Slide 22: Jaguar Nickel Sulphide Project Resource and Reserve Estimates
Jaguar Nickel Sulphide Project August 2024 MRE & July 2024 Ore Reserve Estimates * Within pit limits cut-off grade 0.3% Ni; below pit limits cut-off grade 0.7% Ni; Totals are rounded to reflect acceptable precision; subtotals may not reflect global totals. All oxide material is considered as waste a
Slide 23: Data and references for comparison of global nickel sulphide deposits
Centaurus Data and references for comparison of pre-mined resources of global nickel sulphide deposits and camps Pre-Mined Resource MI&I Ni Metal Camp / Deposit Country Deposit Type Resource Date Mt Ore % Ni Mt Norilsk (Talnakh Camp) Russian Federation Low-MgO NiS 31-Dec-19 2,433 1.02 24.7 Sudbury C