Niobay Metals Inc. · TSXV:NBY
Niobay Metals — Investor Presentation (May 2021)
35 slides from Niobay Metals's investor presentation, May 2021
Slide 1: Corporate Presentation May 2021
Corporate Presentation May 2021
Slide 2: Forward Looking Statements
Forward Looking Statements The reader is advised that the PEA summarized in this presentation is preliminary in nature and is intended to provide an initial, high-level review of the project’s economic potential and design options. The PEA mine plan and economic model includes numerous assumptions a
Slide 3: Disclaimer
Disclaimer NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Unless otherwise indicated, all reserve and resource estimates referred to or c
Slide 4: About Us
About Us
Slide 5: Corporate Overview
Corporate Overview • NioBay is a public company developing the Corporate Structure world-class James Bay Niobium project and Share Price $0.95 Crevier Niobium and Tantalum Project Shares Outstanding 70 M • Our vision is to become a niobium producer Fully Diluted 83 M that applies leading ESGI practi
Slide 6: Board of Directors
Board of Directors Claude Dufresne, P. Eng. - President, CEO Dawn Madahbee Leach - Director and Director General Manager Waubetek Business + 20 years Nb business: Iamgold, Camet, Cambior Development/First Nations Serge Savard - Chairman Jean-Sebastien David - Director Former NHL player, Businessman,
Slide 7: Management
Management Claude Dufresne, P. Eng. - President, CEO Derek Teevan, MES - VP ESGI & Community and Director + 20 years permitting: Detour Gold, De + 20 years Nb business: Iamgold, Camet, Cambior Beers Jacquelin Gauthier, P. Geo. - VP Geology Anthony Glavac, CPA, CA - CFO + 30 years exploration: Falcon
Slide 8: James Bay Niobium Project
James Bay Niobium Project NioBay’!
Slide 9: James Bay Niobium Overview
James Bay Niobium Overview • Located 42 km south of Moosonee in the James Bay Lowlands, Ontario, Canada • Leading mining jurisdiction • Access to high quality infrastructure • Protection agreement in place with Moose Cree First Nation James Bay Niobium • Mineral Resource Estimate → NSR US$184/t • In
Slide 10: Resources Classification
Resources Classification Unexplored area TSXV:NBY 10
Slide 11: Trend Analysis
Trend Analysis % Nb2O5 Unexplored area TSXV:NBY 11
Slide 12: James Bay Niobium PEA Highlights
James Bay Niobium PEA Highlights Production limited to <5% world demand Scenario Mine Life Nb Production Post-Tax NPV8% Post-Tax IRR Open pit 30 Years 5,470 tpa C$1,008 M 27.5% Open pit & C$856 M 27.0% 23 years 6,213 tpa underground Underground 23 years 6,283 tpa C$733 M 21.6% TSXV:NBY OTCQB:NBYCF 1
Slide 13: James Bay Niobium Economic Impact
James Bay Niobium Economic Impact • C$500 M capital investment • C$3.8 B operating costs • C$300-$400 M sustaining capital • C$7 B GDP impact • 400 high-paying jobs • 23-30 years of mine life • High potential to extend mine life • C$718 M federal taxes • C$479 M provincial taxes • C$226 M mining tax
Slide 14: Project Development
Project Development Completed Updated Protection Completed 3 090 m phase 1 mineral Delivered Agreement drilling program metallurgical resource positive PEA with MCFN test work estimate Environment Initiate pre- Development 12 000 m infill drilling Metallurgical baseline feasibility Protocol/JV progr
Slide 15: Crevier Project
Crevier Project NioBay! METALS
Slide 16: Crevier Overview
Crevier Overview • Located 50 km north of Girardville in the Lac Saint-Jean Region, Quebec, Canada • Leading mining jurisdiction • Access to high quality infrastructure • Near a producing niobium mine • Mineral Resource Estimate→ NSR US$100/t • M & i: 25.4 Mt at 0.20% Nb2O5 for 49.7 Mkg and 234 ppm
Slide 17: Crevier PEA/Scoping Highlights
Crevier PEA/Scoping* Highlights Scenario Mine Life CAPEX Pre-Tax NPV8% Pre-Tax IRR 4,500 tpd 18 Years C$262 M C$322 M 24.3% 70% Recovery 2021 Objectives Metallurgical / Nb2O5 TSXV:NBY * 2019 Scoping based on 2011 PEA OTCQB:NBYCF 17
Slide 18: Niobium & The Market
Niobium & The Market Photo by RHJ
Slide 19: Niobium
Niobium • Niobium is a naturally occurring refractory transition metal with impressive characteristics • Niobium is used in alloys to make steel usage more efficient • Stronger, lighter and corrosion resistant • Niobium is now being utilized as a battery metal Primary markets Structures Wind Turbine
Slide 20: 2019 Niobium Supply
2019 Niobium Supply Capacity 100,000 tpy Nb Capacity 7,000 tpy Nb 8% +500M t @ 2.5% Nb2O5 +75M t @ 0.56% Nb2O5 Cost: <10$/kg Nb (price setter) Cost: 19$/kg Nb 11% Araxa, Brazil Quebec, Canada 80% Others Capacity 8,500 tpy Nb Capacity estimated 1,500 tpy 50M t @ 1% Nb2O5 Poorer quality Cost: +12$/kg
Slide 21: Niobium Demand
Niobium Demand Steel Grade Niobium only 170,000 150,000 130,000 Tonnes Nb 110,000 90,000 70,000 Financial Crisis COVID-19 6% CAGR 50,000 Actual Capacity 30,000 Source: HIS Markit / Company forecasts TSXV:NBY OTCQB:NBYCF 21
Slide 22: Niobium Prices
Niobium Prices 50 45 40 Financial Crisis USD / kg Nb COVID-19 35 30 Forecasts 25 Source: HIS Markit / Company forecasts TSXV:NBY OTCQB:NBYCF 22
Slide 23: Marketing Strategy
Marketing Strategy Sale FeNb (t Nb) James Bay Project aims to produce 5% of world supply 250,000 200,000 CBMM sales continue to grow – No action anticipated 150,000 100,000 50,000 - 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 World James Bay CBMM Source: Came
Slide 24: Niobium A Green Metal
Niobium A Green Metal NioBay!
Slide 25: A Green Metal
A Green Metal • Lighter and stronger components for vehicles - Niobium is playing a key role in advanced materials in the transportation sector and reduction of GHGs • Cost effective and efficient - Niobium is reducing input consumption of the construction industry by transforming materials • Safer
Slide 26: Niobium - A battery Metal
Niobium - A battery Metal • Niobium-based batteries will revolutionize the Battery market • Super-Fast charging and discharging rate ( <6 minutes) • Increased energy density of batteries • More power and increased range 6 minutes charge • Improves performance at low temperatures • Increased stabilit
Slide 27: A battery Metal
A battery Metal Niobium is being used to develop cobalt-reduced or cobalt-free, lithium-rich and manganese-based new cathode materials with higher energy density and longer-term stability Fast charging, safer and higher energy capacity batteries are being made possible by the use of Niobium in the f
Slide 28: Material Chemistry is Key to Technology
Material Chemistry is Key to Technology [1] SAFETY [2] HIGH #1 CONCERN ENERGY OF THE EXTENDING INDUSTRY DRIVING RANGE AND LIGHTWEIGHT [4] LONG [5] RAW MATERIALS PRICE [3] HIGH LASTING STABILITY? POWER FAST CHARGING TOTAL COST OF AFFORDABILITY OWNERSHIP FOR MASS COMMERCIALIZATION TSXV:NBY OTCQB:NBYCF
Slide 29: Niobium Battery – Targeted Market
Niobium Battery – Targeted Market 2020 2025 2030 Volume (tonnes) Volume (tonnes) Volume (tonnes) Overall Battery Market 274.088 465,057 678,711 Targeted Market 17,540 60,633 129,889 Potential Market 0 1,363 7,766
Slide 30: Value Proposition
Value Proposition NioBay! METALS
Slide 31: Niobium Peer Comparison
Niobium Peer Comparison James Bay has established resources and distinguishes itself with high recoveries and low OPEX Ressources (Mt) Recoveries (%) OPEX (US$/kg Nb) 90 85% 84Mt2 82%1 80 80% 78% 75Mt4 72Mt3 71Mt 70 75% 60 70% 65%4 50 65% 63%2 61%3 40 60% 36Mt1 30 55% Elk Creek, James Bay, Panda Hil
Slide 32: Niobium Peer Comparison
Niobium Peer Comparison James Bay PEA shows robust economic metrics Ressources (Mt) Recoveries (%) CAPEX (US$/kg Nb) $6.881 2,500 $7.00 Elk Creek, NioCorp 12.6 1 $6.00 Niocorp1 2,000 $5.00 1,500 James Bay OP, NioBay 9.4 NPV (C$ M) $4.00 US$/ kg Nb $3.572 $2.943 $2.884 1,000 $3.00 Niobay $2.39 Panda
Slide 33: Rerating Potential
Rerating Potential 1200 No Value attached to Battery Grade Niobium Value enhancement potential 1000 • Increased production • Exploration upsides 800 • Battery demand C$ (Million) 600 Niobay James Bay James Bay James Bay Market Cap Open Pit Open Pit & UG UG C$67M NPV8% NPV8% NPV8% Value realization p
Slide 34: Claude Dufresne, P.Eng. President, CEO & Director
Claude Dufresne, P.Eng. President, CEO & Director NioBay Metals Inc . cdufresne@niobaymetals.com
Slide 35: Technical Information
Technical Information Mr. Claude Dufresne, P. Eng., President, CEO and director of the Company, is the Qualified Person (as defined in National Instrument 43-101) who has reviewed this presentation and is responsible for the technical information reported herein, including verification of the data d