Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Noosa Mining Conference 2023
20 slides from Andromeda Metals's conference presentation, Jul 18, 2023
Slide 1: ASX Announcement: Presentation at Noosa Mining Conference
ASX ANNOUNCEMENT 18 July 2023 Andromeda Metals Limited ABN: 75 061 503 375 Presentation at Noosa Mining Conference Corporate details: ASX Code: ADN Andromeda Metals Limited (ASX: ADN) (Andromeda, the Company) is Cash (31 March 2023): $19.6m pleased to advise that its CEO & Managing Director, Bob Kat
Slide 2: About Andromeda
About Andromeda Andromeda Metals (ASX: ADN) is an ASX-listed emerging industrial minerals producer. Our vision is to lead the world in the sustainable supply of superior quality industrial minerals. We see 2023 as a transformational year for Andromeda. Following which we anticipate becoming a global
Slide 3: Noosa Mining Conference
For personal use only Noosa Mining Conference Noosa 20 July 2023 ASX:ADN www.andromet.com.au
Slide 4: Disclaimer and compliance statement
Disclaimer and compliance statement No investment advice and investment risk This Presentation has been prepared by Andromeda Metals Limited (ACN 061 503 375) (Andromeda or Company). The information contained in this Presentation does not constitute investment or financial product advice (nor taxati
Slide 5: Acknowledgement of Country
Acknowledgement of Country On behalf of Andromeda, I respectfully acknowledge that we are For personal use only meeting on Sunshine Coast Country, home of the Kabi Kabi peoples and the Jinibara peoples, the Traditional Custodians, whose lands and waters we all now share. Andromeda operates on the la
Slide 6: Our Vision and Strategic Intent
Our Vision and Strategic Intent To be The Great White Mineral Company For personal use only We are passionate about developing, commercialising and monetising The Great White Project We can be The The Great White “Best” white Project is our mineral economic company in the engine world 4
Slide 7: Go To Market Methodology – Strategy Map
Go To Market Methodology – Strategy Map Execute with a focus on Core and Complementary For personal use only 5
Slide 8: Our Products
Our Products Positioned to respond to megatrends For personal use only Adjacent HPA / Other Minerals Urbanisation Technology Core Great White CRMTM Ceramic tile bodies Ceramic glazes and engobes High end porcelain and tableware Decarbonisation Complementary Great White HRMTM Low carbon footprint cem
Slide 9: LOI received from IberoClays
LOI received from IberoClays1 Results confirm above market value-in-use for Great White CRM™ in fastest growing ceramics segments For personal use only Great White CRM™ properties and applications2 Top 3 Iron/Aluminium ratio High brightness is retained in high temperatures, Very high dry mechanic
Slide 10: Global Ceramic Tile Market
Global Ceramic Tile Market Asia-Pacific market to grow by over 3% CAGR1 For personal use only +3.3% +3.2% CAGR 2022-2026 CAGR 2022-2026 1 Compound Annual Growth Rate Figures shown are millions of square metres (mln sqm). 8 Source: Ceramic Tile Market Forecast Analysis – Trend 2022-2026, MECS, 2022
Slide 11: Global Ceramic Tile Market – Asia Pacific
Global Ceramic Tile Market – Asia Pacific Market driven by strong trends in growth drivers For personal use only Asia-Pacific 2022-26 CAGR1 Growth drivers: 4.0% Economic growth Increasing need for safe, hygienic 0.6% Population growth and durable building materials 1.5% Increasing urbanisation
Slide 12: Global Ceramic Tile Export Market
Global Ceramic Tile Export Market Top 4 export leaders are China, Spain, Italy and India, representing 76% of market at over 3 billion m2 of global exports For personal use only Average Export Price (€/m2) 1.2% 2.6% 0 5 10 15 1.3% China Spain, India and Italy represent: 5.2% Italy Over 86% of expo
Slide 13: Great White CRM – Key high value-in-use markets
Great White CRM™ – Key high value-in-use markets Focused on key markets in Asia that are growing and where our high-quality products are in demand For personal use only 130.0 Europe represents 35% of global exports, focused on high value-in-use segments 996.5 Asia accounts for 47% of global expo
Slide 14: Ceramics Tiles – Key Urban Trends
Ceramics Tiles – Key Urban Trends Increasing demand in Consumer & Commercial segments For personal use only Consumer Preferences Consumers are experimenting with design, colors, and patterns Looking for unique look to set themselves apart Ceramic Tiles Residential – Increasing adoption in hall
Slide 15: Interim Results received from ITC
Interim Results received from ITC Great White CRM™ validation program Stage 1: Basic Characterisation – COMPLETED For personal use only • Instituto de Tecnología Cerámica (ITC), located at the University of Castellón in Spain, is progressing with technical evaluation and formulation at pilot plant
Slide 16: Why now?
Why now? Forces making now the right time for developing GWP Geopolitical forces impacting access to historical supply The confluence of numerous forces means the time to develop The Great White Project is now! For personal use only Global depletion of high-quality kaolin deposits • Porcelain tablew
Slide 17: Stage 1A Processing Plant
Stage 1A Processing Plant Design and procurement readiness ahead of planned construction Long lead items - Procurement progress in line with first shipment in October 2024 Dryer – ordered Ordered For personal use only Thickener Ordered Drum washer Ordered Filter press Filter cake fee
Slide 18: The Mine-to-Market Response
The Mine-to-Market Response Ideal optionality to address and grow our our core segments aligned with our Commercial Strategy For personal use only Great White Deposit by Product Great White Deposit – Starter pit 16
Slide 19: Next Steps
Next Steps Activities For personal use only Commercial – ITC Stages 2 & 3 to be completed by end of July (Stage 1 was completed on time) – Follow-up on China demand and sample requests post-June trip – Spain/Italy trip for CERSAIE (22-25 Sept) and preparations for commercial discussions – Great Whit
Slide 20: The Great White Mineral Company
The Great White Mineral Company For personal use only ASX:ADN Level 10, 431 King William Street, Adelaide, South Australia 5000 +61 8 7089 9800 Authorised for release by the Board of Andromeda Metals Ltd andromet.com.au