Renascor Resources Ltd · ASX:RNU
Renascor Resources — International Mining & Resources Conference 2022
32 slides from Renascor Resources's conference presentation, Nov 3, 2022
Slide 1: Siviour Battery Anode Material Project – 100% Australian-Made Spherical Graphite
Siviour Battery Anode For personal use only Material Project – 100% Australian-Made Spherical Graphite 3 November 2022 David Christensen Managing Director
Slide 2: Section 1: Executive Summary
Section 1: Executive Summary For personal use only
Slide 3: Project Highlights
Project Highlights Renascor’s Competitive Advantages: Electric Vehicle For personal use only ü Vertically integrated operation to produce uncoated Purified Spherical Graphite (PSG) located wholly within South growth is Australia. driving annual ü World’s 2nd largest Proven Graphite Reserve and large
Slide 4: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Share Chart – ASX code: RNU Capital Structure For personal use only 0.400 90 Shares on issue (31 Oct 2022) 2,177M 0.350 80 70 Listed Options (31 Oct 2022) 108M Volume (Million Shares) Share Price (A$/share) 0.300 0.250 60 Share price (31 Oct 2022) A$0.215/sh 50
Slide 5: Renascor's Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation within South Australia consisting of a mine, concentrator For personal use only and downstream manufacturing facility to produce Purified Spherical Graphite (PSG) via eco-f
Slide 6: Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market For personal use only
Slide 7: Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event
Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event Electric vehicle adoption is creating unprecedented global demand for batteries. For personal use only Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 7
Slide 8: Anode and Graphite Demand are Directly Linked to Battery Growth
Anode and Graphite Demand are Directly Linked to Battery Growth Graphite is the fundamental raw material in lithium-ion battery anodes. For personal use only Share of Mineral Demand from Energy Storage Anode Demand Forecast 2018 to 2040 Lead 6% EV sales as share 8,000 of total cars Lithium 4% Mangan
Slide 9: Strong Demand Growth for Purified Spherical Graphite
Strong Demand Growth for Purified Spherical Graphite The projected growth rate in the demand for Purified Spherical Graphite will put graphite mining and For personal use only graphite refining under increasing pressure to expand supply to meet demand. EV sales as share of total cars 90x Siviour Sou
Slide 10: Graphite Flake Market Balance Moving to Undersupply
Graphite Flake Market Balance Moving to Undersupply Significant new production is required to meet projected demand for graphite flake concentrates For personal use only EV sales as share of total cars Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 10
Slide 11: Global Anode Supply is Centered in Northeast Asia
Global Anode Supply is Centered in Northeast Asia China, Japan and South Korea will remain the center of anode production in the near-term before For personal use only expanding over time into European, US and other markets. EV sales as share of total cars Future supply Current Production Future sup
Slide 12: China Currently Controls 100% of the Market for Purified Spherical Graphite
China Currently Controls 100% of the Market for Purified Spherical Graphite All anode producers (including manufacturers in South Korea and Japan) are currently dependent For personal use only on China for Purified Spherical Graphite. Europe Renascor will provide a reliable source of PSG to PSG the
Slide 13: Section 3: The Siviour Battery Anode Material Project
Section 3: For personal use only The Siviour Battery Anode Material Project
Slide 14: Prime Australian location offers mine to market supply chain security
Prime Australian location offers mine to market supply chain security The Siviour Graphite Deposit is located in coastal South Australia, with nearby access to major For personal use only highway for delivery to state-of-the-art Battery Anode Material Plant located with 20km of port Renascor Resourc
Slide 15: Section 3-A: Siviour Upstream Mining Operation
Section 3-A: Siviour Upstream Mining For personal use only Operation
Slide 16: The Siviour Graphite Deposit is amongst the world's largest
The Siviour Graphite Deposit is amongst the world’s largest Siviour is the second largest Proven Reserve of graphite globally and the world’s For personal use only largest reported graphite Reserve outside of Africa. Global Graphite Proven Reserve Mineral Resource Estimate (August 2022)1 Category To
Slide 17: Siviour has potential to get even larger
Siviour has potential to get even larger Siviour remains open along-strike to both the north and the southeast For personal use only Renascor Resources Ltd | ASX: RNU renascor.com.au 17
Slide 18: The Siviour Graphite is unique in both its near-surface, flat-lying orientation
The Siviour Graphite is unique in both its near-surface, flat-lying orientation The deposit is flat, shallow and large, resulting in low-cost mining and consequently For personal use only low-cost production of Graphite Concentrate world’s largest reported graphite Reserve outside of Africa. Cross-s
Slide 19: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production For personal use only Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Siviour Stage 2 (Year 5 –10) Siviour Stage 1 (Year 1– 4) DFS cost of US$325/t* DFS cost of US$345/t*
Slide 20: Section 3-B: Siviour Downstream Battery Anode Material Operation
Section 3-B: Siviour Downstream Battery For personal use only Anode Material Operation
Slide 21: Downstream site location
Downstream site location Site secured from South Australian Government For personal use only The site is ~20km from South Australia’s main shipping port at Port Adelaide. Close to SA Water’s Bolivar water treatment and industrial complex. 20 hectares site provides sufficient scale to permit both an
Slide 22: Production of Purified Spherical Graphite
Production of Purified Spherical Graphite Purified Spherical Graphite to be produced from Siviour Graphite Concentrates in two-step process. For personal use only Step One: Milling § Micronisation and spheronisation using Purification Plant conventional cascading milling equipment. § Production of p
Slide 23: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical integration underpins low-cost PSG production. For personal use only § Graphite Concentrate feedstock a significant cost input to the PSG manufacturing process. § Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate fee
Slide 24: Battery Anode Material Study Results – Stage 1 PSG Production
Battery Anode Material Study Results – Stage 1 PSG Production1 Low graphite concentrate feedstock costs drives Renascor’s low For personal use only PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual
Slide 25: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials § South Australia is a Tier-1 jurisdiction with low sovereign risk and a Socially robust and transparent regulatory framework. For personal use only responsible § South Australia’s Minister for Energy and Mining granted a Mineral Lease for
Slide 26: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only q POSCO: Non-binding MOU with POSCO for the purchase of 20,000tpa to 30,000tpa of PSG. q This potentially represents up to 100% o
Slide 27: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only q Minguang: First stage product qualification achieved with Chinese anode company Minguang as part of non-binding PSG Off
Slide 28: $185 Million Conditional Loan Approval from Australian Government
$185 Million Conditional Loan Approval from Australian Government For personal use only The Australian Government has conditionally approved a A$185 million loan facility to support the development of the Siviour Graphite Project in South Australia.1 § This loan is approved under the Australian Gove
Slide 29: Renascor's Strategy
Renascor’s Strategy We aim to become a global leader in the supply of sustainable, For personal use only 100% Australian-made battery anode material Stage 3 Stage 2 Stage 1 Full Renascor Potential • Further expansion of mine and Purified Spherical Graphite manufacturing capacity Expand Manufacturing
Slide 30: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers § Siviour Battery Anode Material Project: Our goal is to For personal use only § Final regulatory approval for mine. become one of, § Optimised feasibility study assessing if not the expanded production. largest, global § Resource expansion drilli
Slide 31: Forward Looking Statements
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
Slide 32: Renascor Resources Limited contact details
Renascor Resources Limited 36 North Terrace For personal use only Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: 32
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