Giyani Metals Corp · TSXV:EMM
Giyani Metals — Investor Presentation (December 2022)
33 slides from Giyani Metals's investor presentation, December 2022
Slide 1: Developing Battery Grade Manganese for the EV Market
Developing battery Grade Manganese for the EV market BUILDING A GLOBAL BATTERY METALS PLAYER DECEMBER 2022 TSXV: EMM I OTC:CATPF Giyanimetals.com
Slide 2: Cautionary Note – Forward Looking Statements
Cautionary Note – Forward Looking Statements This presentation contains certain forward-looking information and forward-looking statements, as defined in applicable securities laws (collectively referred to herein as “forward-looking statements”). These statements relate to future events or the Comp
Slide 3: Building a Global Battery Metals Player
Building a Global Battery Metals Player Demand for battery-grade China currently* controls over EV companies are seeking No new ex-China sources of manganese is set to soar 30- 94% of the high-purity manganese responsible supply chains to HPMSM have been successfully fold by 2036 with a significant
Slide 4: Strong Asset Base in a Pivotal, Pro-mining Jurisdiction
Strong Asset Base in a Pivotal, Pro-mining Jurisdiction Beira Projects Maputo Giyani’s Kanye Basin prospects consist of eight prospecting licences, including three Walvis Bay brownfield manganese oxide assets: K.Hill: historic mine near the village of Kanye Otse: 2 km from the A1 highway and 50 km f
Slide 5: A Track Record of Successful Project Delivery
A Track Record of Successful Project Delivery Senior Management Jonathan Henry Derk Hartman Eugene Lee George Donne Dirk Geerligs Executive Chair President & COO VP Business VP Project CFO Development Development & Construction Jacques du Toit Marion Thomas Luhann Theron Elisa Davis Justin Taylor VP
Slide 6: Environmental & Social Responsibility Central to Giyani
Environmental & Social Responsibility Central to Giyani • Responsibility underpins our business, and we are committed to operating in an ethical, sustainable manner that is beneficial to all stakeholders • Our goal is to be a responsible, low-carbon producer, minimising our negative impacts and enha
Slide 7: The Market
RYAN » METALS CORP. | The Market
Slide 8: HPMSM Price is Not a Driver of Cathode Cost
HPMSM Price is Not a Driver of Cathode Cost Estimated NMC-622 Cathode Price Sensitivity • Batteries make up c.30% of the total cost of EVs • HPMSM is estimated to contribute approx. 1 – 2% of cathode cost • Lithium-ion batteries, therefore not sensitive to the Battery Cell Cost price of manganese (i
Slide 9: Battery Manganese Production Landscape
Battery Manganese Production Landscape • By 2036, HPMSM demand is expected to reach 5.5Mtpa, but supply is forecast to only be capable of producing 2.8Mtpa • China currently controls c.94% of the global supply market • Currently, there are only three new projects 94% supply from at feasibility stage
Slide 10: Giyani to be a Global HPMSM Producer in a Market Set For a Major Deficit
Giyani to be a Global HPMSM Producer in a Market Set For a Major Deficit Global HPMSM Production vs Demand (CPM Group) Major Global HPMSM Producers by Initial Capacity 300 (Current and Forecast) 5,500 5,000 250 4,500 Production Capacity (kt HPMSM) 4,000 200 3,500 (kt HPMSM) 3,000 150 2,500 2,000 100
Slide 11: Our Assets
P. METALS COR YANI [
Slide 12: K.Hill 2022 Feasibility Study Highlights
K.Hill 2022 Feasibility Study Highlights Project Economics US$481M 28% US$281M 3.6 years Post tax NPV8 Internal Rate of Initial capex incl Payback from first Return contingency of US$32M production Life of Project Financial Highlights US$2,993M US$1,369M US$1,624M US$1,093M Revenue Operating cost EB
Slide 13: A Fully-Integrated Battery Metals Operation
A Fully-Integrated Battery Metals Operation • All operations to be located on site in Kanye, FS pit shell Botswana • Uncomplicated operation through a combination of low impurity ore and overburden amenable to free dig mining • Plant will treat 200 kt of ROM ore per annum • Direct access to multiple
Slide 14: Sophisticated Battery-Grade Manganese Processing Flowsheet
Sophisticated Battery-Grade Manganese Processing Flowsheet Proven direct K.Hill Process Plant Infrastructure processing • Hydrometallurgical process developed over route to more than a year of testwork (optimisation ongoing) HPMSM • No energy-intensive calcining or electrowinning required • No addit
Slide 15: Focused on Creating a Positive Legacy
Focused on Creating a Positive Legacy Planning and development • Planning has focused mitigation hierarchy of avoid – minimise – mitigate Studies being undertaken 3.2kg CO2 eq. per kg HPMSM for • Environmental and Social Impact Assessment currently ongoing: no red flags identified to date Scope 1, 2
Slide 16: Material Upside in K.Hill Orebody
Material Upside in K.Hill Orebody Indicated Resource Inferred Resource 7,000 K.Hill Project Resource Growth 1,000 Resource Tonnage ('000t) 6,000 Contained MnO ('000t) 800 5,000 4,000 600 3,000 400 2,000 200 1,000 - - Apr-20 Apr-21 Sep-21 Feb-22 Indicated Inferred Cont MnO (RhS) Tonnage Grade MnO Con
Slide 17: Otse Prospect: Nearby Upside Potential
Otse Prospect: Nearby Upside Potential Otse South Pit • High-grade supergene podiform manganese oxide mineralisation from surface • Project lies 50 km from K.Hill with direct access to highway for ore trucking • Initial exploration completed in 2021 with several high-grade intersections • Maiden res
Slide 18: Demonstration Plant to De-Risk Production Process
Demonstration Plant to De-Risk Production Process • Contract signed with Met63 for the construction of the demonstration plant in South Africa • Replicating K.Hill’s proposed hydrometallurgical process, de- risking the commercial plant development and providing a platform for operational training •
Slide 19: The Opportunity
GIYANI METALS CORP. . Opportunity
Slide 20: FS Project Completion Timeline
FS Project Completion Timeline 2022 2023 2024 2025 2026 Feasibility 1 2 ESIA & permitting 3 4 Engineering Construction 5 6 1 Completion of metallurgical test work and confirmation of target high purity quality spec 2 Completion of feasibility study for K.Hill project 3 Regulatory review of Environme
Slide 21: Unlocking Overlooked Value in the Battery Metals Market
Unlocking Overlooked Value in the Battery Metals Market Near-Term Catalysts Submission of ESIA Q1 2023 Strong base case Operating in a Building a responsible Leadership team to supply a growing supplier of premium Commissioning of premier jurisdiction with a track record EV market, with with strong
Slide 22: For More Information
FOR MORE INFORMATION Jonathan Henry George Donne Executive Chair VP of Business Development info@giyanimetals.com @GiyaniMetals Giyani-metals TSXV: EMM I OTC:CATPF Giyanimetals.com
Slide 23: Appendix
Appendix
Slide 24: Strong Share Structure and Debt-Free
Strong Share Structure and Debt-Free TSXV: EMM I OTC: CATPF Share Price Cash CA$0.155 CA$16.1M 52 week - CAD0.155 - 0.44 As of Sept 30 2022 Shares in issue Debt 218M Zero Market Cap Last fundraising CA$34M CA$11.5M @ C$0.44/share (Dec 3, 2021) Major Shareholders RAB Capital 9.0% Sentry Resource Tota
Slide 25: Building Strong Stakeholder Relations
Building Strong Stakeholder Relations Site visit with Verkor and the Honourable Dr Kwape (MP for Kanye South and Minister of Foreign Affairs) and other leaders Giyani supporting Hope Worldwide – Giyani geologist Ilaki Tsabang Mining Indaba, Cape Town - Elisa Davis (Giyani Country Manager) and Thuso
Slide 26: Future Pointing to Mn-rich Batteries for the Mass Market Sector
Future Pointing to Mn-rich Batteries for the Mass Market Sector • Increasing numbers of original equipment manufacturers (OEMs) and battery companies are looking at manganese(Mn)-rich solutions to feed the mass market sector • Price and responsibility concerns are driving end-users away from cobalt
Slide 27: Opportunity to Establish Market Share with Major Customers
Opportunity to Establish Market Share with Major Customers • Giyani’s product can be sold to a wide range of consumers who demand traceable, responsible raw materials • Facility in Botswana to service both western and eastern markets • Targeting multiple international cathode active material (CAM),
Slide 28: EV Battery Metals Supply Chain
EV Battery Metals Supply Chain PROCESSED BATTERY RAW MATERIALS BATTERY PACKS EVS MATERIALS Mineral ores are mined and These metal salts are combined into Cathodes, anodes and other Completed battery packs inserted processed into battery-grade salts precursor materials components combined into batter
Slide 29: Feasibility Study: Upside Price Forecast Potential
Feasibility Study: Upside Price Forecast Potential FS Price Forecast vs CPM Group 6,000 • CPM projects demand for HPMSM in LI Batteries to grow by nearly 30 times between 2021 and 2036 5,000 • FS model uses CPM HPMSM forecast adjusted to run a flat price from Year 6 of the production period HPMSM Pr
Slide 30: Feasibility Study: Competitive Initial Capital Cost with Opportunity for Operating Cost Optimization
Feasibility Study: Competitive Initial Capital Cost with Opportunity for Operating Cost Optimization Initial Construction Capital Requirement Operating Cost Profile US$672/t milled Energy 10% Other Processing 5% reagent freight 26% Maintenance 12% Processing reagents 47% Operating Cost Mining G&A TM
Slide 31: Feasibility Study: K.Hill Operating Profile on 2Mt Probable Reserve
Feasibility Study: K.Hill Operating Profile on 2Mt Probable Reserve Life of Project (LOP) Mining Profile LOP Plant Operating Profile 400 12 250 25% 350 10 200 20% 300 Processed / Produced (kt) RoM Ore Mined (kt) 8 MnO Grade Strip Ratio 250 150 15% 200 6 100 10% 150 4 100 50 5% 2 50 0 0 0 0% 1 2 3 4
Slide 32: Feasibility Study: Robust K.Hill Project Economics
Feasibility Study: Robust K.Hill Project Economics LOP Post-Tax Net Free Cash Flow LOP Key P&L Results Profile 400 1,200 350 70% 1,000 300 300 60% 800 Net Free Cash Flow (US$M) Cumulative NFCF (US$M) 250 50% Revenue/Opex (US$M) 200 600 EBITDA Margin 200 40% 400 100 150 30% 200 0 0 100 20% -2 -1 1 2
Slide 33: Significant Progress Towards Development
Significant Progress Towards Development Feb. 2022: Resource Milestones Sep. 2021: New MRE of 2.1Mt New MRE of 1.6Mt in Indicated in Indicated Category and 3.1Mt Category and 1.4Mt in Inferred in Inferred Aug. 2021: Dec. 2021: Nov. 2020: Mar. 2021: Completed New discoveries Completion of initial Com
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