Australian Vanadium Limited · ASX:AVL
Australian Vanadium — Mines and Money Hong Kong 2018
24 slides from Australian Vanadium's conference presentation, Apr 6, 2018
Slide 1: Retraction - Mines and Money Hong Kong Presentation
6 April 2018 ASX Market Announcements ASX Limited 20 Bridge Street SYDNEY NSW 2000 Retraction - Mines and Money Hong Kong Presentation Australian Vanadium Ltd (“AVL” or “the Company”) refers to the market release made on 5 April 2018 titled “Mines and Money Hong Kong Presentation”. The Company retra
Slide 2: The World's Next High Grade Vanadium Mine
The World’s Next HIGH GRADE Vanadium Mine Mines and Money Hong Kong April 2018
Slide 3: Disclaimer
Disclaimer The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. COMMENT It is common practice for a com
Slide 4: Australian Vanadium Limited
Australian Vanadium Limited | ASX: AVL australianvanadium.com.au 3
Slide 5: Project location in well developed mining region
Project location in well developed mining region Australian Vanadium Limited | ASX: AVL australianvanadium.com.au 4
Slide 6: Gabanintha on pathway to vanadium production
Gabanintha on pathway to vanadium production Company ▪ ASX listed company since 2007. Vanadium Markets ▪ Vanadium price on long term uptrend as traditional steel markets actively seek new sources of long term supply. ▪ Focus offers leverage to rising vanadium prices and new applications in energy st
Slide 7: Management
Management At Australian Vanadium Ltd our management is committed to fast-track this significant global resource. Our team brings together experts in geoscience, mining, chemical engineering, marketing and corporate governance and has an extensive vanadium network and knowledge. Within a reliable Au
Slide 8: Corporate Snapshot
Corporate Snapshot Key Statistics (as at 26-3-18) Ordinary shares on issue 1,527m Listed Options (ex at 2c exp Dec 2018) 393.46m AVLO Share price AUD $0.047 Market capitalisation (undiluted) A$72m (Cash ~A$3m) Shareholders 5,887 Substantial Shareholders % holding J P Morgan Nominees 3.38 % Managemen
Slide 9: Inclusion in Australian Clean Tech Index and Major contributor in last quarter
Inclusion in Australian Clean Tech Index and Major contributor in last quarter Australian Vanadium Limited | ASX: AVL australianvanadium.com.au 8
Slide 10: Vanadium Peer Comparison
Vanadium Peer Comparison Gabanintha a globally significant deposit on grade and tonnage basis Australian Vanadium Limited | ASX: AVL australianvanadium.com.au 9
Slide 11: Vanadium Markets
Vanadium Markets 10 Australian Vanadium Limited | ASX: AVL australianvanadium.com.au
Slide 12: Vanadium Markets - Steel
Vanadium Markets - Steel Despite reduced rate of steel production, demand for vanadium continues to grow. Steel remains a price driver for vanadium. ▪ Steel is the primary market (92% of vanadium consumption) ▪ Addition of up 0.1% vanadium increases steel strength up to Steel 100% and reduces weight
Slide 13: Vanadium Markets - Steel
Vanadium Markets - Steel Global inventory levels are decreasing as evidenced by rising prices over the past three years. Metal Bulletin V2O5 Monthly Midpoint Average Price ▪ Ferrovanadium prices have risen to US$70 inflated to Nov 2017 US$ per kilogram in both China and Europe $40.00 ▪ Vanadium pent
Slide 14: Vanadium Markets - Overview
Vanadium Markets - Overview In 2017 (based on three quarter actual results annualized) vanadium consumption exceeded production by more than 9,000 MTV, or over 10% of the market. Global Vanadium Production vs Consumption 95000 90000 85000 Shortage 9,309 MTV MTV 80000 75000 70000 65000 2011 2012 2013
Slide 15: Vanadium in electrolyte – Market implications
Vanadium in electrolyte – Market implications 145g/l V₂O₅ in H₂SO₄ at 1.6 molar Amount of V₂O₅ used in 1MWh 9.89t Projected global annual energy storage per year 11GWh Estimated VRFB installs @ 10% 1GWh V₂O₅ per year needed to supply VRFB demand 10kt Current annual global production of V₂O₅ equivale
Slide 16: Energy Storage Market Beckons in Australia
Energy Storage Market Beckons in Australia Can VRFBs be the ultimate grid energy storage solution for Australia? ▪ Rising power costs: VRFBs can reduce power bills by peak/off-peak shifting and demand management ▪ Australia has world’s most extended networks - many fringe-of-grid and off-grid opport
Slide 17: Globally Significant Project
Globally Significant Project Gabanintha Vanadium Project in Western Australia 16 Australian Vanadium Limited | ASX: AVL australianvanadium.com.au
Slide 18: Gabanintha Vanadium Project
Gabanintha Vanadium Project High-grade resource in favourable mining jurisdiction - Murchison, Western Australia ▪ The Mineral Resource One of the highest-grade vanadium deposits being advanced globally includes a distinct massive magnetite high-grade zone of 92.8 Mt at 0.96% V2O5 consisting of: • M
Slide 19: Gabanintha Vanadium Project
Gabanintha Vanadium Project Deposit identified over 11km drilled strike length | Good access to infrastructure. Australian Vanadium Limited | ASX: AVL australianvanadium.com.au 18
Slide 20: Gabanintha Vanadium Project
Gabanintha Vanadium Project Discrete high-grade zone, simple geometry, suitable for open pit mining ▪ Total Mineral Resource stands at 179.6Mt at 0.75% vanadium pentoxide (V2O5) consisting of: • Measured Mineral Resource of 10.2Mt at 1.06% V2O5 • Indicated Mineral Resource of 25.4Mt at 0.62% V2O5 •
Slide 21: Vanadium Resource
Vanadium Resource Resource Table Material JORC Resource Class Million Tonnes V2O5 % Fe% TiO2 % SiO2 % Al2O3 % LOI% High grade Measured 10.2 1.06 41.6 12 11.6 8.6 4.2 Indicated 4.8 1.04 41.9 11.5 12 8 3.6 Inferred 77.8 0.94 41.2 10.7 12.7 7.9 3.3 Subtotal High Grade 92.8 0.96 41.3 10.9 12.6 8 3.4 Low
Slide 22: Metallurgical Test Work
Metallurgical Test Work ▪ New test work delivering excellent early results – work ongoing ▪ Metallurgy and economics focused on opportunities presented by exceptional high grade ore horizon (92Mt at 0.96% V2O5, 15Mt at 1.05% V2O5 Measured and Indicated Ore) ▪ Fresh ore high mass recovery (73%), extr
Slide 23: Timelines
Timelines PFS Study Underway – Completion Mid Year 2018 DFS Study and Project Approvals Commence- 2018/9 Mine Finance, Construction and First Production of High Purity V2O5 Products 2020-2021 (subject to approvals, funding and market conditions) Marketing and Offtake Discussions – Ongoing Until Prod
Slide 24: The World's Next High Grade Vanadium Mine
The World’s Next HIGH GRADE Vanadium Mine Mines and Money Hong Kong April 2018