Neometals Ltd · ASX:NMT
Neometals — Investor Presentation (March 2023)
17 slides from Neometals's investor presentation, Mar 10, 2023
Slide 1: Vanadium Recovery Project – Feasibility Study Results and Project Update
For personal use only Vanadium Recovery Project – Feasibility Study Results and Project Update 10 March 2023 Authorised for release by Christopher Reed, ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 Managing Director of Neometals ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 neometals.com.au
Slide 2: Disclaimer
Disclaimer For personal use only Summary information: Investment risk: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide An investment in securities in Neometals is subject to investment and other known and unknown risks, summary information about the Company
Slide 3: Executive Summary
Executive Summary For personal use only Neometals is an emerging, sustainable battery materials producer. 3 business units Underpinned by ESG commitment. Focus on continuous Strong, growing team supporting energy proprietary, green, Recycling and development and with track-record of transition in th
Slide 4: Core Battery Materials Business Snapshot
Core Battery Materials Business Snapshot For personal use only Lithium-ion Vanadium Lithium Battery Recovery Chemicals Business Unit Recycling 50:50 Incorporated JV Reed Advanced Materials (“RAM”) 70:30 50:50 Incorporated JV Incorporated JV Business Unit Partners 30% Co-operation Agreement for 50:50
Slide 5: Vanadium Recovery
For personal use only Vanadium Recovery Vanadium Recovery Process Technology 100% Neometals Vanadium Recovery Project 1 - Finland 50:50 Incorporated JV with Critical Metals Ltd, Recycling Industries Scandinavia AB (“RISAB”) ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 5 neometals.com.au
Slide 6: Vanadium Market Background
Vanadium Market Background For personal use only MAIN FINISHED VANADIUM PRODUCTS VANADIUM CONSUMPTION Vanadium (V) is a silvery-grey transition metal that has two main finished Vanadium redox flow batteries (VRFBs) vanadium products: • Vanadium pentoxide is used in VRFBs with need for high-purity (>
Slide 7: Growth Market Supported by Energy Transition
Growth Market Supported by Energy Transition For personal use only MARKET DYNAMICS VANADIUM DEMAND BY END USE, 2023-2040 CURRENT PRODUCTION BY COUNTRY • Vanadium consumption is primarily anchored to steel production with demand from energy storage (vanadium redox flow batteries) becoming dominant us
Slide 8: Extracting Vanadium from Industrial By-products
Extracting Vanadium from Industrial By-products INTRODUCTION TO THE FINNISH VANADIUM RECOVERY PROJECT (“VRP1”) For personal use only PLANT LOCATION AND KEY INFORMATION COMPANY DESCRIPTION AND BACKGROUND § RISAB (“Company”) is established by two green battery materials Location: Tahkoluoto Port, City
Slide 9: Carbon Negative Production Process to Extract Vanadium from Steel Slag
Carbon Negative* Production Process to Extract Vanadium from Steel Slag For personal use only CLOSED CYCLE VANADIUM PRODUCTION PROCESS Raw material (slag) Process End product & by-products Slag Inputs End product By-product: By-product: First contract with SSAB (Carbon dioxide, sodium High-purity St
Slide 10: RISAB – Promoting Circular Economics
RISAB – Promoting Circular Economics RISAB will be amongst the largest CO2 consumers in Finland promoting circular economics For personal use only CARBON FOOTPRINT* CLOSED CYCLE PRODUCTION PROCESS PROMOTING THE CIRCULAR ECONOMY kg CO2-e per kg CO 2 V 2 O 5 produced 4.5 -8.9 Total CO2 process emissio
Slide 11: Feasibility Study
Feasibility Study For personal use only For further information, refer to ASX release dated 8th March 2023 – Vanadium Recovery Project Delivers Strong Feasibility Results ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 11 neometals.com.au
Slide 12: Funding Structure and Strategy
Funding Structure and Strategy For personal use only ESTIMATED PROJECT COST (MEUR) • Total estimated construction cost of the plant 360-400 MEUR includes initial working capital and cash buffer reserves • Capital cost estimate from Sweco feasibility study (AACE Class 3 Study) for 300k tpa facility •
Slide 13: FY23 Workflow
FY23 Workflow For personal use only NEXT STEPS VRP CORPORATE STRUCTURE • Work with equipment vendors and engineering firms to continue advancing project engineering • Procure vanadium product and calcium carbonate by-product offtake agreements • Procure new equity investors into RISAB and credit app
Slide 14: Indicative Timeline
Indicative Timeline – Vanadium Recovery For personal use only KEY MILESTONES MarQ 2023 JunQ 2023 SepQ 2023 DecQ 2023 Q1 2026 Finalise New Term Sheets for RISAB pre-payment First slag being First production Supply Agreement Debt Financing for 700kt of slag transported to from the plant** with SSAB þ
Slide 15: Key People – Experienced Team Onboard
Key People – Experienced Team Onboard For personal use only Johanna Lamminen Darren Townsend Damian Hicks Irena Ivanova CEO COO Business Development GM – Project Development § Highly experienced business leader and board § Mining Engineer with 25+ years development, mining and § Strong background in
Slide 16: Investment Case – Highlights
Investment Case – Highlights SUPPLY CONSTRAINED CRITICAL BATTERY MINERALS WITHOUT MINING RISK For personal use only ü Critical Raw Materials Act pending ü MoU signed with H2GS AB for a second larger Vanadium Recovery Project – ü No EU primary production / resilience gap Boden, Sweden. Significant Gr
Slide 17: Thank you.
For personal use only Thank you. neometals.com.au ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 neometals.com.au