Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Shareholder Meeting (May 2019)
19 slides from Waratah Minerals's shareholder meeting presentation, May 21, 2019
Slide 1: Battery Minerals Limited Annual General Meeting
Battery Minerals Limited Annual General Meeting 21 May, 2019 1 1
Slide 2: Battery Minerals - Strongly Positioned for Development & Growth
Battery Minerals - Strongly Positioned for Development & Growth ● Market ● Company & Projects ● Achievements & look forward
Slide 3: Graphite - a vital raw material
Graphite - a vital raw material Climate change and the shift to Clean Energy is real Battery Minerals is focused on the ‘battery’ minerals 2 x world class, advanced Graphite projects, located in Mozambique Source: World Bank-Climate Smart Mining- worldbank.org
Slide 4: Graphite - the anode in Li-ion batteries
Graphite - the anode in Li-ion batteries Typical EV Battery Li+ Ion Multiple Small Cells Discharging Electrolyte Charging Li+ Ion Micro- Aluminium Copper porosity Conductor Conductor Separator Graphite Li Metal Anode Complex Cathode
Slide 5: Graphite - largest contributor by weight in a Li-ion battery
Graphite - largest contributor by weight in a Li-ion battery Porsche Cayenne E-Hybrid 16.8kg Volvo XC 90 T8 PHEV 12.5kg Hyundai Kona 47kg Rivian 216kg Tesla Model X 120kg
Slide 6: It's more than Electric Vehicles
Refractory It’s more than +41% Electric Vehicles Friction & Lubricants +26% Even in the short-term to 2023, significant demand is forecast in traditional graphite sectors: refractories, expandables, friction and lubricants1. Expandables +49% 1. Benchmark Mineral Intelligence 6
Slide 7: Clean Energy Will Drive Battery Minerals
Clean Energy Will Drive Battery Minerals Battery Minerals’ product range, in terms of flake size distribution and carbon content, is an everyman product Graphite Demand by sector 2018-2035 Source: Benchmark Mineral Intelligence
Slide 8: Board and Executive Management
Board and Executive Management Share Price for last 12 months David Flanagan Ben Vanroon Executive Chairman Chief Operating Officer Jeremy Sinclair Nick Day Managing Director Chief Financial Officer Jeff Dowling Daniel Taylor Lead Independent Head of Marketing Director Paul Glasson Naomi Scott Capit
Slide 9: Leveraged to a Growing Market with World Class Assets
Leveraged to a Growing Market with World Class Assets 1. Exposure to growing traditional graphite markets, and unprecedented forecast demand growth driven by global transition to clean energy 2. 2 x world class graphite projects; Montepuez & Balama Central • Total JORC Resource of 152.5 at 8.5% TGC1
Slide 10: Montepuez Graphite Project - Phase 1
Montepuez Graphite Project - Phase 1 Montepuez Graphite Project 1 (First Module) Capex to complete 3 US$39.5 M C1 Opex (concentrate/t first 10yrs) US$361/t Grade processed 11% TGC (12% for first 18yrs) Plant Type and Scale Modular, ~500ktpa Projected Payback <2 years EBITDA per annum1 >US$30 Mpa Met
Slide 11: Plant Site Earthworks - Complete
Plant Site Earthworks - Complete Primary Crusher Mine Services Area Plant Offices, Workshops and Laboratory Milling Area Drying and Product Stores Process Plant 7
Slide 12: Tailings Storage Facility (TSF) - Wall Complete
Tailings Storage Facility (TSF) - Wall Complete
Slide 13: Montepuez Project Main Camp - Complete
Montepuez Project Main Camp - Complete 6
Slide 14: Community Engagement - on track
Community Engagement - on track 9 9
Slide 15: Balama Central Graphite Project - Feasibility Study
Balama Central Graphite Project - Feasibility Study Balama Central Graphite Project Feasibility Study Dec 2018 Annual graphite production 58,000pa Capex (pre-production) US$69.4 M Opex (concentrate/t first 8 yrs) US$363/t Grade Processed 12.5% TGC Plant Type and Scale Modular, ~550ktpa Projected Pay
Slide 16: Purification and Spheroidisation Testwork
Purification and Spheroidisation Testwork • Testwork programme undertaken by Urbix Montepuez flake identified with high crystallinity, ultra low Boron content, unique flake morphology and URBIX Purification technology together opening potential new markets • Progress to date • Nuclear, Concrete, Com
Slide 17: Positioned for Project Development & Sustainable Growth
Positioned for Project Development & Sustainable Growth Achievements Montepuez Construction - camp, TSF, Plant civil earthworks Balama Central Feasibility Study – completed December 2018 Project Finance progress • Extensive data room documentation established to support funding • Independent Technic
Slide 18: Looking forward - The Plan
Positioned for Project Development & Sustainable Growth Looking forward - The Plan ● Montepuez project finance ● Detailed engineering and procurement ● Award remaining construction contracts ● Construction of Montepuez within 15 months of project finance being finalised ● Urbix and other, downstream
Slide 19: Forward Looking Statements
Forward Looking Statements • Statements and material contained in this Presentation, particularly • The information in this report that relates to Battery Minerals’ • Battery Minerals confirms that it is not aware of any new those regarding possible or assumed future performance, resources or Minera