Slide 1: Pilgangoora: a world class lithium and tantalum project
Pilgangoora: a world class lithium and tantalum project Ken Brinsden, Managing Director/CEO March Quarterly Results Call 29 April 2019 ASX: PLS ACCESS THE QUARTERLY INVESTOR, ANALYST AND MEDIA WEBCAST HERE: https://webcasting.boardroom.media/broadcast/5caab20e7b79d12cecbb7af5
Slide 2: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara”) and is dated 29/04/2019. This document is provided for informational purposes and does not constitute or contain an offer, invitation, so
Slide 3: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not Financial Product Advice This document does not constitute financial product advice or take into account your investment objectives, taxation situation, financial situation or needs. This document consists purely of factual information and does n
Slide 4: Highlights March Quarter 2019
Highlights March Quarter 2019 Pilgangoora Lithium-Tantalum Project: from first drill hole to production in under four years • Declaration of commercial production 1 April 2019 • Quarterly sales: o 38,562dmt of spodumene concentrate (SC6.0) o 30,356lbs tantalite concentrate (+5% Ta2O5) • Steady produ
Slide 5: Production and sales
Production and sales Consistent production and customer sales for the March Quarter Production and sales Units Q3 FY18 Q4 FY18 Q1 FY19 Q2 FY19 Q3 FY19 Direct Shipping wmt - 145,974 205,766 02 02 Ore (DSO) sold Spodumene dmt - - 11,015 47,859 52,196 concentrate produced Spodumene dmt - - 0 46,5981 38
Slide 6: Production trend
Production trend Steady increase in spodumene concentrate production as processing plant is further optimised for lithia recovery and throughput Spodumene concentrate production (dmt) 25,000 20,000 15,000 dmt 10,000 5,000 0 Aug Sep Oct Nov Dec Jan Feb Mar Apr In-Spec Forecast Range Linear Trend (Sep
Slide 7: Corporate update
Corporate update Declaration of commercial production, option exercised to participate in POSCO downstream JV and receipt of customer equity funding underpins a strong quarter. Commercial production declared following sustained performance across: • Production – steady and trending towards design ca
Slide 8: Global lithium chemicals pricing
Global lithium chemicals pricing Source: FastMarkets MB, Friday April 26 2019 Lithium carbonate ex-works domestic China Lithium hydroxide ex-works China Lithium carbonate min 99.5% Li2CO3 battery grade, ex-works domestic China, yuan per tonne Lithium hydroxide monohydrate min 56.5% LiOH.H2O battery
Slide 9: Stage partnering process
Stage 3 partnering process Partners to be considered for Stage 3 offtake, chemical plant and project expansion Potential sale of Support funding Stage 3 offtake Fully integrated minority project package Stage 2 and further lithium raw level interest and 3 expansion diversification materials and 20 –
Slide 10: Exceptional growth opportunity
Exceptional growth opportunity A clear expansion pathway to meet customer growth requirements STAGE 1: 2MTPA STAGE 2: 5MTPA STAGE 3: UP TO 7.5MTPA STAGE: Operations STAGE: DFS and FID complete STAGE: Proposed STATUS: Production and STATUS: Financing underway STATUS: Scoping study complete shipments
Slide 11: What sets us apart?
What sets us apart? 1 World class lithium resource The Pilgangoora Project is one of the premier hard-rock lithium-tantalum resources globally (by size and grade) where there is both spodumene concentrate offtake and a joint venture position available, with Tantalite by-product credits. 2 Low cost o
Slide 12: ASX: PLS pilbaraminerals.com.au
ASX: PLS pilbaraminerals.com.au