Aterian Plc · LSE:ATN
Aterian — Investor Presentation (October 2023)
35 slides from Aterian's investor presentation, October 2023
Slide 1: Unlocking the Potential of Critical & Strategic Metals in Africa
APPENDICES Unlocking the Potential of Critical & Strategic Metals in Africa Corporate Presentation Q4 2023 LSE : ATN Private & Confidential 1
Slide 2: Disclaimer
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Disclaimer Management Team The information contained in this confidential document (“Presentation”) has been prepared by Aterian plc (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. This P
Slide 3: Overview
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Team Overview Ethical exploration, development and trading Large portfolio of critical and strategic Rwanda JV with Rio Tinto allows of critical and strategic metals across Africa metals in Morocco and Rwanda for MRE for lithium, tantalum, niobi
Slide 4: Management Board & Management Team
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Board & Management Team Team Wide in-house Expertise and Experience: CHARLES BRAY SIMON ROLLASON LUKE ROGERS GRAHAM DUNCAN Chairman CEO & Director COO CFO Experience primarily focused in Simon has 30 years of Luke has over 14 years of Graham is
Slide 5: Critical & Strategic Metals
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Critical & Strategic Metals Critical and strategic raw material production and their supply is economically and strategically important globally Critical minerals such as copper, lithium, nickel, cobalt and rare earth elements are essential components in m
Slide 6: Strategy - From Exploration to Trading
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Strategy - From Team Exploration to Trading Aterian PLC 6
Slide 7: Delivering Critical & Strategic Metals with Low Impact
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Management Delivering Critical Team & Strategic Metals with Low Impact It is our responsibility and in our long-term interests to be a responsible investor Integrating ESG in investment decision-making and active ownership practices CONFLICT MINERAL POLICY
Slide 8: Morocco
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Morocco Tier One Investment Destination Aterian PLC 8
Slide 9: Morocco – Emerging African Mining Powerhouse
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Morocco – Emerging African Mining Powerhouse ATERIAN PORTFOLIO ESTABLISHED MINING INDUSTRY SUPPORTIVE GOVERNMENT 897 17 2nd 1st Attractive mining code and strong governmental Aterian mineral km² largest Africa’s backing behind a developing mining industry
Slide 10: Morocco – Strong Copper-Silver Portfolio
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Morocco – Strong Copper-Silver Portfolio 17 highly prospective exploration projects in Morocco Primarily targeting COPPER in addition to Ag, Sn, Zn, Pb, and Au Most projects are located close to historic and ongoing mining operations Projects located prima
Slide 11: Work Plan - Advance and Develop Key Copper Projects
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Work Plan - Advance and Develop 3 Key Copper Projects Located in the highly prospective Anti-Atlas mountain range which hosts numerous world-class mineral deposits, including: Imiter Ag mine (131 Moz at 500 g/t Ag) | Bouazzer Co mine (16 Kt at 1.0 % Co) |
Slide 12: AGDZ – Copper & Silver Potential
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES AGDZ – Copper & Silver Potential Land package of 34.36 km² located in the prospective Eastern Anti-Atlas of Morocco Mapping, rock chip sampling, ground geophysics and reconnaissance trenching completed to date Located in an active mining district, 14 km fr
Slide 13: AGDZ – Known Copper-Silver Prospects
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES AGDZ – Known Copper-Silver Prospects AMZWARO PROSPECT - Multiple zones up to 2 km long and 200 m wide - Individual alteration zones up to 33 m in width - Results include rock chip grades of 4.82 % Cu, 189 g/t Ag and 1.91 g/t Au Trenching at Amzwaro MINIERE
Slide 14: Rwanda
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda The Home of Critical and Strategic Metals Aterian PLC 14
Slide 15: Rwanda – A New African Lithium Province
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda – A New African Lithium Province EARN-IN JV TO DEVELOP THE LITHIUM OPPORTUNITY 16% of global ONE OF THE WORLD’S LARGEST PRODUCERS OF tantalum >3,000ha TIN, TUNGSTEN AND TANTALUM production prospective from Rwanda for critical & (2020) strategic meta
Slide 16: Rwanda Business Model
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda Business Model Near-term revenues from Mine Development and Trading to fund future exploration – An integrated, sustainable business model PARTNERSHIP & DEVELOPEMENT EARN-IN JOINT VENTURES TRADING Project pipeline growth through deal flow and Introd
Slide 17: Rwanda – Southern Li-Ta Exploration Targets
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda – Southern Li-Ta Exploration Targets 2 partnerships with projects covering 22 pegmatite occurrences identified; 3,150 hectares in southern Rwanda areas are not fully explored with more discoveries anticipated Highly prospective region for rare metal
Slide 18: Rwanda Metal Trading
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Rwanda Metal Trading Tin, tungsten, tantalum (3Ts) trading in Great Lakes Region Rwanda exports 16% of global tantalum market, with Kigali a regional hub for 3Ts trading Aterian holds Rwanda metal Trading License allowing purchase & export of all 3T metals
Slide 19: Summary
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Summary Aterian PLC 19
Slide 20: Summary
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Summary • EXPLORE MOROCCAN Cu-Ag (+ POLY-METALLIC) PROJECTS • PARTNER Multi-commodity & multi-jurisdiction • TRADE LARGE PORTFOLIO Opportunity for investors to participate in multiple discoveries PARTNERSHIP WITH GLOBAL TIER-1 MINING COMPANY Earn-in JV wit
Slide 21: Contacts
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Contacts 27-28 Eastcastle Street, London W1W 8DH, United Kingdom info@aterianplc.com www.aterianplc.com Aterian PLC 21
Slide 22: Appendices
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendices Aterian PLC 22
Slide 23: Appendix: Copper – Positive Long-Term Outlook
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: Copper – Positive Long-Term Outlook EV sales approaching 40 million in 2030, requiring 2 Mt of additional copper Near-term oversupply but structural deficit remains FUNDAMENTAL Use in energy generation, transmission infrastructure, energy storage
Slide 24: Appendix: Copper – Positive Long-Term Outlook
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: Copper – Positive Long-Term Outlook Theoretical Copper Supply Gap is forecast at 3.5 Mt by 2030 Aterian PLC 24
Slide 25: Appendix: Greener Metals in Rwanda
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: Greener Metals in Rwanda ROAD TO DECARBONISATION • Growth in renewable energy and electric vehicle sectors needed to reduce greenhouse gas emissions. • New green sectors extremely mineral intensive, relying on a small number of key metals. • Mini
Slide 26: Appendix: AGDZ – Amzwaro & Makarn Prospects
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – Amzwaro & Makarn Prospects Aterian PLC 26
Slide 27: Appendix: AGDZ – Miniere Prospect Historic Mining
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – Miniere Prospect Historic Mining Aterian PLC 27
Slide 28: Appendix: AGDZ – Geophysical Interpretation
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: AGDZ – Geophysical Interpretation 3 types of deformation elements are identified from the interpretation • Regional faults with a NE trend, forming a strike-slip (“horsetail”) structure; • Subordinate faults and/or shears also exhibiting a NE tre
Slide 29: TATA – Sedimentary hosted copper
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES TATA – Sedimentary hosted copper Aterian PLC 29
Slide 30: AZRAR – Sedimentary hosted copper
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES AZRAR – Sedimentary hosted copper Aterian PLC 30
Slide 31: Appendix: JEBILET EST
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: JEBILET EST Aterian PLC 31
Slide 32: HCK JV – Targets Ready for Drill Evaluation
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES HCK JV – Targets Ready for Drill Evaluation Part of the Earn-in JV with Rio Tinto targeting the lithium potential within the bedrock 18 zones of potentially mineralised pegmatite host rock discovered during exploration and prospecting The main target, HCK-
Slide 33: Appendix: HCK 1
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Appendix: HCK 1 Typical HCK Kaolinised Pegmatite Tantalum-Niobium (Coltan) Crystals Abandoned Artisanal Mine Workings on HCK-1 Aterian PLC 33
Slide 34: Musasa Project
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Musasa Project Upside through additional evaluation Sampling the Kassava Pegmatite Application for new 400-hectare, 100% owned exploration licence pending approval Exploration expenditure and operations to be undertaken by Rio Tinto Pegmatite-hosted Tantal
Slide 35: Corporate Structure
CORPORATE MOROCCO RWANDA SUMMARY APPENDICES Corporate Structure Aterian Plc 100% Eastinco ME Ltd (UK) 100% 100% Aterian Resources Ltd Eastinco Ltd (UK) Metal Trading Division (Rwanda) 50% Atlantic Minerals Ltd 70% Kinunga Mining Ltd (Seychelles) 50% HCK JV • 2,750 hectares • 18 large pegmatite zones