Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Shareholder Meeting (October 2022)
15 slides from Sunrise Energy Metals's shareholder meeting presentation, Oct 21, 2022
Slide 1: ASX Announcement
ASX Announcement 21 October 2022 Sunrise Energy Metals Annual General Meeting MELBOURNE, Australia – Sunrise Energy Metals Limited (Sunrise Energy Metals or Company) (ASX: SRL) will, today, at 1.00pm (AEDT) hold its 2022 Annual General Meeting (AGM). Shareholders and guests are able to register and
Slide 2: The Future of Battery Metals
The Future of Battery Metals Annual General Meeting October 2022
Slide 3: Cautionary statement
Cautionary statement Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, pe
Slide 4: Corporate snapshot
Corporate snapshot Board Senior Management Robert Friedland Jiang Zhaobai Sam Riggall Eric Finlayson Stefanie Loader Trevor Eton Ben Stockdale Melanie Leydin Co-chair & Non- Co-Chair and Non- Managing Director Non-Executive Lead Independent Non-Executive Chief Financial Company Secretary Executive D
Slide 5: FY22 Highlights
FY22 Highlights Continued to advance workstreams at the Sunrise Battery Material Project Conditional financing support from EFA for up to A$400M - additional debt support offered by other export credit agencies Major Project Status received in 2021 from Australian Government Ongoing discussions with
Slide 6: Sunrise is development-ready
Sunrise is development-ready Sunrise • Location: 350km west of Sydney in an Ni-Co-Sc established mining district deposit • Development-ready: A$250M invested and all key permits and land secured • Extensive test work: FEED, piloting and hydromet test work completed - significantly de-risked flowshee
Slide 7: Tier 1 ore body with low mining risk
Tier 1 ore body with low mining risk • Shallow, simple, free-dig strip mining • Enough nickel and cobalt to convert ~30% of the current US light vehicle passenger fleet to electric • Flexibility to tailor production plans to accommodate varying nickel-cobalt chemistries 6
Slide 8: Focus on sustainability in mining design
Focus on sustainability in mining design Carbon intensity of nickel production • Key design features of the Sunrise Project include: (kg CO2/Kg Nickel in sulphate) ✓ 100% renewable power for mine and processing plant Nickel Pig Iron (EAF) ✓ Use of co-gen to reduce electricity demand Nickel Pig Iron
Slide 9: Project economics
Project economics Strong Annual Production1 Robust Economics Capex and Payback Nickel: 21.3 ktpa NPV8: US$1.2 billion US$1.8 billion Cobalt: 4.4 ktpa IRR: 15.4% 5 years Exceptional Cash Flow Negative Nickel Cash Cost Long Life with Options LOM EBITDA: US$10.8 billion Negative US$0.80/lb Ni after 50-
Slide 10: Building a stable financing platform
Building a stable financing platform Large resource and strong economics support a conventional project debt financing package, whilst ESG credentials and geographic location are attractive to OECD governments and OEM players ➢ Leading global banks appointed to arrange the project debt facility, tar
Slide 11: Exploration
Exploration Over the past year we continued to expand our exploration footprint and completed the acquisition of the Hylea Project. We undertook exploration drilling at Sunrise East and Boona Gap, and acquired new tenements at Burra Creek, Sunrise North and Nyngan. Recent drilling has continued to i
Slide 12: When automotive meets mining
When automotive meets mining • The Ukraine War has forced a global reassessment of supply chain risk for all metals • Russia accounts for ~7% of world nickel production but ~20% of Class 1 nickel • So far Russian nickel remains unsanctioned, but the LME is reviewing its position 11
Slide 13: The first gigafactory
The first gigafactory Déjà vu? Sometimes vertical integration is the only way to manage business risk “Henry Ford’s ultimate goal was to achieve total self-sufficiency by owning, operating and coordinating all the resources needed to produce complete automobiles…no one has ever come so close on such
Slide 14: Investment summary
Investment summary The Sunrise Project is Australia’s largest and most advanced battery materials project with a 50-year mine life Fully integrated from mine to battery chemicals with an average annual metal- equivalent production of 21.3kt of nickel and 4.4kt of cobalt as sulphate Sustainably desig
Slide 15: Corporate Investors
Corporate Investors Ben Stockdale (CFO) Craig Sainsbury +61 3 9797 6700 craig.sainsbury@automiocgroup.com.au
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