Environmental Clean Technologies Limited · ASX:ECT
Environmental Clean Technologies — Shareholder Meeting (November 2016)
25 slides from Environmental Clean Technologies's shareholder meeting presentation, Nov 24, 2016
Slide 1: Chairman's Address and Managing Directors Presentation
Annual General Meeting Thursday 24 November 2016 Chairman’s Address and Managing Directors Presentation Over the past year, we’ve focused our energy and attention on advancing those goals we outlined at last year’s AGM: There were two goals related to our India project which were: 1. Commence constr
Slide 2: Today’s announcement that we have submitted a new provisional patent application should be of
positive outcome and further reminded us of the need to continually protect our new knowledge in the pursuit of its monetisation. We still have much to do, as we enter the detailed design phase of the Indian project, and look forward to the exciting outcome of achieving a fully integrated set of des
Slide 3: Finally, I’d like to thank you, our shareholders, for your ongoing support which, along
A review and focus on internal capabilities has led us to structure duties along clear divisional lines and build an operational structure that can absorb the expected high growth in total resource requirements without losing its effectiveness. We now have a clear purpose, mission and vision. Our ob
Slide 4: AGM 2016 Presentation
AGM 2016 Presentation 24 November 2016 “Bridging the gap between today’s use of resources and tomorrow’s zero-emissions future”
Slide 5: Disclaimer
Disclaimer Environmental Clean Technologies Limited (“ECT” or “the Company” ) has taken all reasonable care in compiling and producing the information contained in this presentation. The Company will not be responsible for any loss or damage arising from the use of the information contained in this
Slide 6: Agenda
Agenda • India Update • Bacchus Marsh update • TEF / Corporate presentation review • HydroMOR AGM Presentation November 2016 | 3
Slide 7: India Update
Section 1 India Update ˃ Status ˃ Activity ˃ Ministerial support
Slide 8: India Project – Status today
India Project – Status today Joint development Milestones to date: project with significant ˃ Tripartite development agreement Indian Government ˃ High level Indian Government approvals in place owned Public Sector ˃ Sets in place structure to move ahead Undertakings (PSUs): ˃ Techno-Economic Feasib
Slide 9: India Project – Planning forward
India Project – Planning forward Joint development Detailed Design & Early works: Program commencing now project with significant • Scope split Indian Government owned Public Sector Undertakings (PSUs): NLC India: • Largest lignite miner • Power generator • Listed value ~$A2.6Bn NMDC: • Diversified
Slide 10: Indian Ministerial engagement
Indian Ministerial engagement Joint development • ECT presented to Minister Goyal again on 27th October 2016 in Sydney. project with significant Indian Government • Minister Goyal is the Minister of State with Independent Charge for owned Public Sector Power, Coal, New and Renewable Energy and Mines
Slide 11: Bacchus Marsh Update
Section 2 Bacchus Marsh Update ˃ Coldry ˃ Matmor
Slide 12: High Volume Test Facility (HVTF)
High Volume Test Facility (HVTF) This project is at the Summary of Project Drivers heart of our core • Enhanced R&D capability thanks to broader and more flexible operational values of Frugal parameters Innovation, where, in the process of • OHS&E improvements innovating and • Automation enhancement
Slide 13: Bacchus Marsh HVTF
Bacchus Marsh HVTF High Volume Test Facility • OHSE improvements • Improved flexibility and range of operation, allowing broader control of independent variables • Improved environmental performance • Enhanced capability to conduct fundamental and applied R&D across meaningful volumes AGM Presentati
Slide 14: Bacchus Marsh HVTF
Bacchus Marsh HVTF Isolation of top and bottom of PBD results in improved dust containment and lower maintenance requirements Modified cross-current open-circuit air Capacity and flexibility in operational parameters Increased output system capacity & flow system for greater simulation is enhanced b
Slide 15: Bacchus Marsh HVTF
Bacchus Marsh HVTF Coldry Primary Processing train, featuring (1) raw coal bunker, (2) surge hopper, (3) mill, (4) extruder and (5) conditioning belt Raw lignite receiving system improvements: ˃ All weather Motor upgrades capability ˃ Variable speed 1 ˃ Hopper and ˃ Capability improvements conveyor
Slide 16: Status Today
Status Today Equipment Final installation activities • Remaining works include portions of piping and final electrical tie-ins Mechanical Piping Commissioning works • Dry / Initial commissioning works commenced Electrical • Wet / Process fluid commissioning commenced in some areas of plant Process C
Slide 17: Market Opportunity: Victoria
Market Opportunity: Victoria • Closure of briquette factory • High cost of connection to gas network • High cost of gas • Australian Industry Group: • “…the long run wholesale average price has soared from $3 to $4 a gigajoule on average to around $6 or $7 a gigajoule, occasionally peaking at far hi
Slide 18: TEF Value Proposition
Section 3 TEF Value Proposition ˃ Steel Intensity Challenge ˃ India opportunity ˃ Benefits vs. Blast Furnace ˃ Commodity Drivers
Slide 19: The 'steel intensity' challenge
The ‘steel intensity’ challenge India is positioned to The most powerful forces driving steel demand are aligned. As substantially increase economies develop and modernise, steel consumption per capita its steel demand, yet grows, reflecting a wide range of growing applications – basic is heavily re
Slide 20: India Opportunity
India Opportunity India is positioned The opportunity is created at the intersection of several to substantially strategic issues India must face: increase its steel • The middle class ambition: demand, yet is • Moving hundreds of millions of their population into heavily reliant on the middle class
Slide 21: Benefits vs Blast Furnace
Benefits vs Blast Furnace Decoupling from traditional raw materials strengthens a business’ resistance to inherent price volatility • Critical Raw material prices have moved between early and late 2016; mainly Coking coal • Compared below is F2015/16 average (left) vs. mid October Spot (right) Tradi
Slide 22: Commodity Drivers
Commodity Drivers ˃ Coking coal price is highly sensitive to changes in supply and demand ˃ Low-rank coal pricing is comparatively stable ˃ Steel price doesn’t track coking coal prices, squeezing margin ˃ Matmor decouples steel making from the coking coal market AGM Presentation November 2016 | 19
Slide 23: HydroMOR
Section 4 HydroMOR ˃ Hydrogen Metal Oxide Reduction
Slide 24: HydroMOR
HydroMOR • Hydrogen Metal Oxide Reduction Hydrogen enhanced reduction process to make metal from ore • Australian Provisional Patent application has now been lodged (2016904806); 23rd Nov • Origins stem from Matmor technology • Further reductions in capital cost enabled 1 • Further reductions in ope
Slide 25: Thank you.
Thank you. Glenn Fozard Chairman glenn.fozard@ectltd.com.au +613 9939 4595 Ashley Moore Managing Director ashley.moore@ectltd.com.au +613 9939 4595
Environmental Clean Technologies — Shareholder Meeting (November 2016) on 6ix