Renascor Resources Ltd · ASX:RNU
Renascor Resources — Fastmarkets Asian Battery Materials Conference 2023
31 slides from Renascor Resources's conference presentation, May 3, 2023
Slide 1: Filling the Gap in Graphite Production: Australian Supply from Renascor's Battery Anode Material Project
Confidential Filling the Gap in Graphite Production: Australian Supply from Renascor’s Battery Anode Material Project For personal use only Fastmarkets Asian Battery Materials Conference 2023 Singapore, 1 – 3 May David Christensen Managing Director
Slide 2: Section 1: Executive Summary
Section 1: Executive Summary For personal use only
Slide 3: Project Highlights
Project Highlights Vertically integrated operation to produce uncoated Purified Spherical Electric Vehicle Graphite (PSG) located wholly within South Australia. growth is For personal use only World’s 2nd largest Proven Graphite Reserve and largest Graphite Reserve outside of Africa1. driving an
Slide 4: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Share Chart – ASX code: RNU Capital Structure Shares on issue (28 April 2023) 2,539M For personal use only 0.400 90 Share price (28 April 2023) A$0.21/sh 0.350 80 Share Price (A$/share) 0.300 70 Market Cap (at A$0.21/sh) A$533M 0.250 60 0.200 50 Cash (31 Mar202
Slide 5: Renascor's Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation within South Australia consisting of a mine, concentrator and downstream manufacturing facility to produce Purified Spherical Graphite (PSG) via eco-friendly chemical purif
Slide 6: Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market For personal use only
Slide 7: Anode and Graphite Demand are Directly Linked to Battery Growth
Anode and Graphite Demand are Directly Linked to Battery Growth Graphite is the fundamental raw material in lithium-ion battery anodes. For personal use only EV sales as share of total cars Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 7
Slide 8: Strong Demand Growth for Purified Spherical Graphite
Strong Demand Growth for Purified Spherical Graphite The projected growth rate in the demand for Purified Spherical Graphite will put graphite mining and graphite refining under increasing pressure to expand supply to meet demand. For personal use only EV sales as share of total cars Source: Benchma
Slide 9: Graphite Flake Market Balance Moving to Undersupply
Graphite Flake Market Balance Moving to Undersupply Significant new production is required to meet projected demand for graphite flake concentrates. For personal use only EV sales as share of total cars Source: Benchmark Mineral Intelligence (based on an average annual production capacity of 56,000t
Slide 10: Global Anode Supply is Centered in Northeast Asia
Global Anode Supply is Centered in Northeast Asia China, Japan and South Korea will remain the center of anode production in the near-term before expanding over time into European, US and other markets. For personal use only EV sales as share of total cars Future supply Current Production Future sup
Slide 11: China Currently Controls 100% of the Market for Purified Spherical Graphite
China Currently Controls 100% of the Market for Purified Spherical Graphite All anode producers (including manufacturers in South Korea and Japan) are currently dependent on China for Purified Spherical Graphite. For personal use only Europe Renascor will provide a reliable source of PSG to the glob
Slide 12: Section 3: The Siviour Battery Anode Material Project
Section 3: The Siviour Battery Anode Material Project For personal use only
Slide 13: Prime Australian location offers mine to market supply chain security
Prime Australian location offers mine to market supply chain security The Siviour Graphite Deposit is located in coastal South Australia, with nearby access to major highway for delivery to state-of-the-art Battery Anode Material Plant located with 20km of port. For personal use only Renascor Resour
Slide 14: Section 3-A: Siviour Upstream Mining Operation
Section 3-A: Siviour Upstream Mining Operation For personal use only
Slide 15: The Siviour Graphite Deposit is amongst the world's largest
The Siviour Graphite Deposit is amongst the world’s largest Siviour is the second largest Proven Reserve of graphite globally and the world’s largest reported graphite Reserve outside of Africa. For personal use only Global Graphite Proven Reserve Mineral Resource Estimate (August 2022)1 Category To
Slide 16: The Siviour Graphite is unique in both its near-surface, flat-lying orientation
The Siviour Graphite is unique in both its near-surface, flat-lying orientation The deposit is flat, shallow and large, resulting in low-cost mining and consequently low-cost production of Graphite Concentrate world’s largest reported graphite Reserve outside of Africa. For personal use only Cross-s
Slide 17: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. For personal use only Source: Benchmark Mineral Intelligence. Renascor Resources Ltd | ASX: RNU renascor.com.au 17
Slide 18: Approval of Program for Environmental Protection and Rehabilitation (PEPR)
Approval of Program for Environmental Protection and Rehabilitation (PEPR) Approval of PEPR PEPR approval from South Australian Department of Energy and Mining announced1 positions Renascor to Second stage (following previous grant of Mineral Lease2) in South Australia’s two-step For personal us
Slide 19: Section 3-B: Siviour Downstream Battery Anode Material Operation
Section 3-B: Siviour Downstream Battery Anode Material Operation For personal use only
Slide 20: Downstream site location
Downstream site location Secured from South Australian Government Utility SA Water For personal use only The site is ~20km from South Australia’s main shipping port at Port Adelaide. Close to SA Water’s Bolivar water treatment and industrial complex. 20 hectares site provides sufficient scale to per
Slide 21: Production of Purified Spherical Graphite
Production of Purified Spherical Graphite Purified Spherical Graphite to be produced from Siviour Graphite Concentrates in two-step process. For personal use only Step One: Milling Micronisation and spheronisation using conventional cascading milling equipment. Production of primary spheronised
Slide 22: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical integration underpins low-cost PSG production. Graphite Concentrate feedstock is a significant cost input in For personal use only the PSG manufacturing process Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate f
Slide 23: Battery Anode Material Study Results – Stage 1 PSG Production
Battery Anode Material Study Results – Stage 1 PSG Production1 Low graphite concentrate feedstock costs drives Renascor’s low PSG production costs, high margins and strong cash generation. Item Value For personal use only Average annual LOM production of Graphite Concentrate 105,000t Average annual
Slide 24: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials South Australia is a Tier-1 jurisdiction with low sovereign risk and a Socially robust and transparent regulatory framework. responsible Mine and concentrator have received regulatory approval For personal use only following +6 years of
Slide 25: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only POSCO: Non-binding MOU with POSCO for the purchase of 20,000tpa to 30,000tpa of PSG. This potentially represents up to 100% o
Slide 26: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa. Minguang: First stage product qualification achieved with Chinese anode company For personal use only Minguang as part of non-binding PSG Of
Slide 27: A$185 Million Conditional Loan Approval from Australian Government
A$185 Million Conditional Loan Approval from Australian Government The Australian Government has conditionally approved a A$185 million loan facility to support the development of the For personal use only Siviour Graphite Project in South Australia.1 This loan is approved under the Australian Gov
Slide 28: Renascor's Strategy
Renascor’s Strategy We aim to become a global leader in the supply of sustainable, 100% Australian-made battery anode material Stage 3 For personal use only Stage 2 Stage 1 Full Renascor Potential • Further expansion of mine and Purified Spherical Graphite manufacturing capacity Expand Manufacturing
Slide 29: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers Siviour Battery Anode Material Project: Our goal is to Optimised feasibility study assessing become one of, For personal use only expanded production. if not the Resource expansion recently completed. largest, global Advancing to binding o
Slide 30: Forward Looking Statements
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
Slide 31: Renascor Resources Limited contact details
Renascor Resources Limited 36 North Terrace Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 For personal use only Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: 31
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