Giyani Metals Corp · TSXV:EMM
Giyani Metals — Investor Presentation (December 2023)
27 slides from Giyani Metals's investor presentation, December 2023
Slide 1: Developing Low Carbon Battery Grade Manganese
DEVELOPING LOW CARBON BATTERY GRADE MANGANESE Building a global battery metals supplier DECEMBER 2023
Slide 2: Disclaimer
DISCLAIMER This This presentation contains certain forward-looking information and Forward-looking statements involve known and unknown risks, uncertainties Qualified Persons forward-looking statements, as defined in applicable securities laws (collectively and other factors that may cause the Compa
Slide 3: Giyani: Battery Grade Manganese Project
GIYANI: BATTERY GRADE MANGANESE PROJECT • HPMSM(1) is an essential raw material in most lithium-ion battery types Location of Botswana within Africa HPMSM MARKET • HPMSM market forecast to develop rapidly as demand for EV cars grows • Global legislation (IRA) driving demand for alternative sources a
Slide 4: Market Overview
MARKET OVERVIEW
Slide 5: EV Market Is Driving Demand for HPMSM
EV MARKET IS DRIVING DEMAND FOR HPMSM EV Market driving demand for battery metals HPMSM is needed for safety and range • Manganese improves safety by stabilizing other metals • Global EV Sales expected to increase to 73 million units in 2040 up from 2 million in 2020 • Stabilizes nickel in NMC batte
Slide 6: Legislation Driving Demand for Western Supply
LEGISLATION DRIVING DEMAND FOR WESTERN SUPPLY China currently produces over 90% of global HPMSM. The US and EU are mandating that critical minerals be increasingly sourced from domestic or ex-China sources INFLATION REDUCTION ACT CRITICAL RAW MATERIALS ACT • HPMSM identified as a strategic raw mater
Slide 7: HPMSM Is Not a Candidate for Substitution
HPMSM IS NOT A CANDIDATE FOR SUBSTITUTION Manganese has a lower impact on cell cost compared to lithium, nickel or cobalt Unlikely to be thrifted out of the cathode making forecasting its use in future chemistries more stable • HPMSM is 17% of the material within a battery CASE STUDY: ESTIMATED NMC-
Slide 8: HPMSM: Exceptional Market Dynamics
HPMSM: EXCEPTIONAL MARKET DYNAMICS Global HPMSM Production vs Demand • Global 2022 HPMSM production totaled 5,500 400,000t(1) 5,000 • China controls over 90% of global supply – 4,500 Global Production (kt HPMSM) not sustainable with IRA and CRMA 4,000 3,500 • Currently, there are limited new project
Slide 9: Asset Overview
R& GIYANI METALS CORP. ASSET OVERVIEW
Slide 10: Battery Metal Developer
BATTERY METAL DEVELOPER Fully Beneficiated Product • Giyani’s has 100% interest in multiple manganese oxide prospects which can be used to produce HPMSM Europe and North America • K Hill is the flagship asset: Base Case NPV8% of nearly Asia US$1bn(1) with potential to grow resources and reduce opera
Slide 11: K.Hill – At Surface, Low Impurity, Long Life Project
K.HILL – AT SURFACE, LOW IMPURITY, LONG LIFE PROJECT Resource Open To South-West MRE: 2023 showed 310% Increase In • 2023 MRE resulted in a 310% increase in Indicated Resources vs. 2022 Indicated Mineral Resources • Giyani has demonstrated that it can produce a low impurity, low carbon, battery grad
Slide 12: ESG Responsibility Central to Giyani Mindset
ESG RESPONSIBILITY CENTRAL TO GIYANI MINDSET Studies Being Undertaken Giyani HPMSM will have c.30% lower • Initial Environmental Impact Study (EIS) submitted to the Botswana Scope 1, 2 and 3 emissions than “Responsibility Chinese production(1) Department of Environmental Affairs (DEA) in March 2023
Slide 13: Scope 2 and 3 Reductions Possible
SCOPE 2 AND 3 REDUCTIONS POSSIBLE Giyani LCA Carbon Emissions Per Tonne HPMSM Scope Emission Reduction Potential • Scope 2 emissions are the result of grid energy - 91% fossil fuel based Global warming potential • K.Hill project plans to reduce emissions by switching to solar power (kg CO2 eq. per k
Slide 14: Processing
TIN. HE \ I il is ms eS J | i ? a i
Slide 15: Proven Direct Route to Battery-Grade Manganese
PROVEN DIRECT ROUTE TO BATTERY-GRADE MANGANESE GIYANI PROCESS TO PRODUCE HPMSM DIRECTLY FROM K.HILL ORE ROM 3 Stage Crushing Grinding Acid • Hydrometallurgical process developed Leaching Lime & Limestone NaHS through extensive test work • Optimisation ongoing to further reduce operating costs Fe & A
Slide 16: Demo Plant Supplying HPMSM for Offtakers in 2024
DEMO PLANT SUPPLYING HPMSM FOR OFFTAKERS IN 2024 • Contract with MET63 for the construction and operation of the demo plant in 2 Johannesburg, South Africa 1 • Replicating K.Hill’s hydrometallurgical process, the demo plant will: • Produce up to 600kg of HPMSM per day for offtakers and potential cus
Slide 17: Corporate
CORPORATE
Slide 18: Funding Secured – Package from IDC
FUNDING SECURED – PACKAGE FROM IDC Funding secured with Industrial Development Corporation of South Africa US$16m secured with IDC IDC Overview • Long term convertible loan facilities – repayment 48 months from the • IDC is a major South African development financing institution first draw down date
Slide 19: Clear Development Runway
CLEAR DEVELOPMENT RUNWAY Development plan to deliver Final Investment Decision and Optimised Feasibility Study within 15 months Completion of PEA for K.Hill project Regulatory review of EIS and with 300% increase in Resources Mine Licence applications FID target 2022 2023 2024 2025 2026 2027 Feasibi
Slide 20: Well Funded Battery Metals Developer
WELL FUNDED BATTERY METALS DEVELOPER LOW CARBON TOP TIER MARKET CAP CASH Major Shareholders(2) FOOTPRINT JURISDICTION C$27m C$4.9m RAB Capital, 9% MMCAP Asset Management, 2.90% As of September 30 2023 Directors & Management, 1.80% Float DEBT SHARE PRICE 81% APAC Resources, 1.30% Zero C$0.12 15 MONTH
Slide 21: Track Record of Project Development & Delivery
TRACK RECORD OF PROJECT DEVELOPMENT & DELIVERY MANAGEMENT TEAM Danny Keating Eugene Lee Elisa Kgomotso Davis Justin Taylor President & CEO Chief Financial Officer Country Manager Process Engineering Manager Mining engineer with 30 years of Mining executive, Canadian CPA Geologist with 15 years of Hy
Slide 22: Investment Thesis
INVESTMENT THESIS • K. Hill project located in mining • HPMSM market forecast to • Base Case Scenario has US$1bn • IDC is a major South African friendly Botswana develop rapidly as demand for EV NPV8% and 29% IRR development financing cars grows institution with over 80 years • Excellent infrastruct
Slide 23: For More Information
FOR MORE INFORMATION Danny Keating President & CEO Charles FitzRoy Head of Corporate Development & Strategy Mike Murphy Business Development Manager info@giyanimetals.com @GiyaniMetals Giyani-metals giyanimetals.com
Slide 24: Appendix
APPENDIX
Slide 25: Significant Progress Towards Commercial Development of Battery Grade Manganese
SIGNIFICANT PROGRESS TOWARDS COMMERCIAL DEVELOPMENT OF BATTERY GRADE MANGANESE Sep. 2021 New MRE of 1.6Mt in Indicated Category and RESOURCE MILESTONES Feb. 2022 Nov 2023 1.4Mt in Inferred Mar. 2021 New MRE of 2.1Mt in Indicated US$16m funding Completed Category and 3.1Mt in Inferred Jul. 2023 agree
Slide 26: Exploration Upside on 1,960km2 Land Package
EXPLORATION UPSIDE ON 1,960KM2 LAND PACKAGE • Giyani has licence areas covering a total of 1,960km2 in south-eastern Botswana • In addition to K.Hill the Company has other manganese projects in Otse, Lobatse and Mogobane which could provide further nearby resource upside to feed the K.Hill operation
Slide 27: Building Strong Stakeholder Relations
BUILDING STRONG STAKEHOLDER RELATIONS Giyani conducted a courtesy call to the Paramount Chief of the Bangwaketsi in Kanye, Kgosi Kgolo Malope II Mining Indaba, Cape Town (L to R) The Honourable Lefoko Maxwell Moagi, Minister of Mineral Resources and Energy Elisa Davis, Giyani Country Manager His Exc
Giyani Metals — Investor Presentation (December 2023) on 6ix