Australian Strategic Materials Ltd · ASX:ASM
Australian Strategic Materials — Australian Critical Minerals Conference 2023
14 slides from Australian Strategic Materials's conference presentation, Jun 1, 2023
Slide 1: ASM development update
ASM development update Australian Critical Minerals Conference 2023 Rowena Smith, Managing Director & CEO Rare Earths. 1 June 2023 Critical Minerals. High-tech Metals.
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement Forward Looking Statements This presentation contains certain statements which constitute “forward looking statements”. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “
Slide 3: ASM
ASM Building a global rare earths and critical minerals business to provide the high-tech metals needed to solve the challenges of today and the future. © 2022 p. 3
Slide 4: From mine to metals
From mine to metals DUBBO PROJECT GLOBAL CUSTOMERS la a / \ KOREAN METALS PLANT y \ \ y [ \ - 3rd Party \ Oxide > ex. Vietnam: L> Mining — OQu©) fA _ | Separating : Metallising 4 0) [al (s| and Refining es (} Advanced New growth q. Sustainable ion?) Nv (oY manufacturing industries ZA! energy industr
Slide 5: Korean Metals Plant
Korean Metals Plant Providing an alternative integrated supply chain for high-tech metals. © 2022 p. 5
Slide 6: Korean Metals Plant key facts
Korean Metals Plant key facts Neodymium production Ramp up aligned to Commenced July 2022 customer demand NdPr metal sales to Korea Initially towards 600tpa NdFeB alloy sales to US ISO 45001, 9001 and 14001 Titanium alloys Accreditations in development CuTi alloy using LK Process Located in Ochang F
Slide 7: Dubbo Project
Dubbo Project The right project, in the right place, at the right time. © 2022 p. 7
Slide 8: Dubbo Project key facts
Dubbo Project key facts Rare earths and critical 20-year life of mine Construction readiness minerals resource Further 50 years of All major approvals in place Neodymium, praseodymium, resource1 Land and water licences owned dysprosium, terbium, EPC Definition commenced zirconium, hafnium, niobium A
Slide 9: Dubbo Project delivers strong financials
Dubbo Project delivers strong financials Revenue1 23.5% AUD 840m Pre-tax IRR > 60% margin2 AUD 2,361 million 44% Forecast pre-tax NPV Rare Earths Zirconium Hafnium Opex AUD 425 million Niobium AUD 287m 33% Annual Free cash flow3 4% 34% AUD 1,678 million 19% Capital cost estimate including contingenc
Slide 10: Dubbo Project milestones and targets
Dubbo Project milestones and targets June Jan 2H ’23 Received AUD 200m HEC began Secure 2H ‘24 Letter of Dec Phase 1 of bankable 2027 Support EPC Definition offtakes Finalise early from Export Awarded establishment First Finance $10.5m grant Equity from activities & 2H ‘26 funding from production Au
Slide 11: Sustainability
Sustainability ASM wants to leave a legacy that delivers enduring benefits to the communities and regions where it operates. © 2022 p. 11
Slide 12: ESG credentials
ESG credentials Environmental Social Targeting net zero carbon by 2050 Community outreach programs in place Targeting 100% renewable energy at Dubbo Indigenous engagement Developing innovative low emission technology to protect cultural heritage at Korean Metals Plant sites Reduced water requirement
Slide 13: Questions?
Questions ? © 2022 p. 13
Slide 14: info@asm-au.com asm-au.com
+61 8 9200 1681 info@asm-au.com asm-au.com Rare Earths. Critical Minerals. High-tech Metals.
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