Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — The BMO 28th Global Metals and Mining Conference (February 2019)
19 slides from Pls's conference presentation, Feb 26, 2019
Slide 1: Pilgangoora: one of the world's leading lithium and tantalum production centers
Pilgangoora: one of the world’s leading For personal use only lithium and tantalum production centers The BMO 28th Global Metals and Mining Conference Ken Brinsden, Managing Director/CEO 26 February 2019 ASX: PLS
Slide 2: Pilgangoora Lithium-Tantalum Project
Pilgangoora Lithium-Tantalum Project One of the largest spodumene-tantalite resources in the world For personal use only • 100% owned by Pilbara Minerals (ASX200, market cap $1.2B) • 23 year mine life • Established transport and port infrastructure • Stage 1, 2Mtpa processing plant • LOM Stage 1 pro
Slide 3: Pilbara Minerals: delivering on project execution
Pilbara Minerals: delivering on project execution Pilgangoora Lithium-Tantalum Project: from first drill hole to product shipment in under four years For personal use only Exploration Production Stage 2 expansion- PFS, DFS, design DFS and FID / resource Project execution and product and engineering
Slide 4: What sets us apart?
What sets us apart? A low cost, long life and high quality operation makes Pilgangoora one of the best lithium raw material projects in the world For personal use only - High grade lithium resources LOW COST - Valuable tantalum bi-product - Significant project size and processing capacity - Expected
Slide 5: Exceptional growth opportunity
Exceptional growth opportunity A clear expansion pathway to meet customer growth requirements For personal use only * STAGE 1: 2MTPA STAGE 2: 5MTPA STAGE 3: UP TO 7.5MTPA STAGE: Operations STAGE: DFS and FID complete STAGE: Proposed STATUS: Strong production STATUS: Financing completion STATUS: Eval
Slide 6: Pilbara Minerals - connected to the entire supply chain
Pilbara Minerals - connected to the entire supply chain For personal use only Chemical Pre-Cursor Converters Cathode Cells & Li Resource EVs Cathode Material Battery Packs Battery Grade Material LiOH / LC * * 6 *Potential PLS JV partners
Slide 7: Pilgangoora - a new hard rock lithium supply chain to feed the growing Korean market
Pilgangoora - a new hard rock lithium supply chain to feed the growing Korean market KOREAN COMPANIES BATTERY PLANT EXPANSIONS (INCLUDING PLANTS PLANNED FOR EUROPE & CHINA) For personal use only 300 7 X GROWTH 250 200 Capacity GWh 150 240- 285 600ktpa 315ktpa 100 185 50 40 0 2017 2023 2028 Source: B
Slide 8: Optimisation, expansion and diversification
Optimisation, expansion and diversification Pilbara Minerals’ strategy to securing its position as one of the largest, lowest cost lithium-tantalum producers in the world is the focus of 2019 For personal use only OPTIMISATION Continue Stage 1 optimisation works to achieve name-plate capacity, inclu
Slide 9: pilbaraminerals.com.au
For personal use only ASX: PLS pilbaraminerals.com.au Follow us on
Slide 10: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara”) and is dated 26/2/2019. This document is provided for informational purposes and does not constitute or contain an offer, invitation, sol
Slide 11: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not Financial Product Advice This document does not constitute financial product advice or take into account your investment objectives, taxation situation, financial situation or needs. This document consists purely of factual information and does n
Slide 12: Additional Information
For personal use only Additional Information 12
Slide 13: Corporate overview
Corporate overview CAPITAL STRUCTURE ASX: PLS Current share price1 A$0.677 For personal use only Shares on issue 1,745 million Options on issue2 60 million Market capitalisation1 A$1.18 billion Cash at bank3 A$70.2M Top 20 shareholders (as at 16 January 2018) 32% 3 month average daily volume4 ~9.1M
Slide 14: Experienced board of directors
Experienced board of directors For personal use only Tony Kiernan Ken Brinsden Nick Cernotta Sally-Anne Layman Steve Scudamore Non-Executive Chairman Managing Director & CEO Non-Executive Director Non-Executive Director Non-Executive Director Highly experienced company Mining engineer with over 25 y
Slide 15: Resources and reserves
Resources and reserves For personal use only JORC Mineral Resource Estimate - September 2018 (using 0.2% Li2O cut off grade) Tonnage Li2O Ta2O5 Li2O Ta2O5 Factored Category (Mt) (%) (ppm) (T) (Mlbs) Fe2O3 (%) Measured 22.8 1.38 145 314,000 7.3 0.44 Indicated 112.8 1.29 119 1,456,000 29.5 0.57 Sub-to
Slide 16: Pilgangoora processing
Pilgangoora processing Spodumene and tantalite concentrate recovery For personal use only • Spodumene concentrate contains lithium in the form of lithia (Li2O), recovered at the mine via the concentrator: • 2-stage heavy media separation for coarse spodumene concentrate, • oxide flotation for fine s
Slide 17: Pilgangoora – a globally significant hard rock lithium resource
Pilgangoora – a globally significant hard rock lithium resource For personal use only 17
Slide 18: Offtake for up to 100% of stage 1 and 2 of Pilgangoora
Offtake for up to 100% of stage 1 and 2 of Pilgangoora Pilbara Mining Minerals For personal use only (SC 6.0) Stage 1 Stage 1 = ≈43Ktpa LCE Stage 2 Spodumene 300kt-350ktpa 500kt-550ktpa Production Stage 1+2 = >110ktpa LCE 2018 2020 General Ganfeng Ganfeng Lithium Great Wall POSCO Spodumene Lithium M
Slide 19: Joint venture with POSCO
Joint venture with POSCO Positioning Pilbara Minerals at the forefront of the rapidly growing South Korea battery market For personal use only • Provides a strategic link to lithium battery and EV Pilbara Minerals POSCO manufacturers • Expands access to the battery industry and PosLX JV Zhejiang Hua
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