Element 25 Limited · ASX:E25
Element 25 — Diggers and Dealers August 2018
23 slides from Element 25's conference presentation, August 2018
Slide 1: Element 25 Limited Investor Update
Element 25 Limited Investor Update Transitioning from a diversified explorer to the developer of a world class high purity manganese project to supply the battery revolution. - August 2018
Slide 2: Disclaimer
Disclaimer This presentation contains only a brief overview of Element 25 Limited and its associated entities (“Element 25") and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Element 25's projects, may rely on various assu
Slide 3: Corporate Overview
Corporate Overview Financial Information Share Price Performance ASX Ticker E25 Shares on Issue 83.5M Share Price $0.20 Market Capitalisation $16.7M Cash & Investments ( at 31 July ‘18) ~$9.8M Debt Nil Enterprise Value ~$6.9M Top 20 Shareholders ~67% 2017 2018 Board and Management Major Shareholders
Slide 4: The High Purity Manganese Market
The High Purity Manganese Market A hidden opportunity within the world’s fourth largest metal commodity segment.
Slide 5: What is High Purity (Class 1) Manganese?
What is High Purity (Class 1) Manganese? • High purity manganese is a premium product segment. Three main products: • It makes up about 14% of the global manganese market by volume; but • Electrolytic Manganese • It makes up about 40% of the global manganese market by value. Metal (“EMM”) • Electrol
Slide 6: High Purity Manganese Market Forecast = Strong Growth
High Purity Manganese Market Forecast = Strong Growth Reference: Metal Bulletin Commissioned Manganese Market Report April 2018 Element 25 Investor Update Diggers and Dealers August 2018 6
Slide 7: Costs Are Going Up in China
Costs Are Going Up in China And… quality domestic ore supplies are largely exhausted… Reference: https://www.crugroup.com/knowledge-and-insights/spotlights/2018/manganese-metal-price-hikes-a-storm-in-a-teacup/ 7
Slide 8: World Class Manganese Resource
World Class Manganese Resource Australia’s largest onshore manganese resource is ripe for development
Slide 9: The Butcherbird Manganese Project
The Butcherbird Manganese Project • Australia’s largest onshore manganese deposit. • Huge resource, currently >180 Mt of manganese ore in Indicated and Inferred JORC resources*. • Excellent local infrastructure (bitumen road and gas pipeline). • 100% owned by Element 25 Limited. • Located in WA, a l
Slide 10: Great Infrastructure Endowment
Great Infrastructure Endowment 550km PORT HEDLAND BITU M GOLDF EN H IG IELDS HWA Y GAS P TL T AN O R IPELIN E EM m P FR 5 0 k 10 8 August 2018 Element 25 Investor Update Resource Stocks Sydney May 2018 10 E
Slide 11: Simple Geology
Simple Geology • Flat lying stratiform ore body, very simple geology. • Ore zone starts at surface and is laterally continuous. Manganese orebody • Starts at surface • No selective mining required. • Low strip ratio • Low cost mining • Low strip ratio of 0.2:1 based on preliminary pit optimisations.
Slide 12: A Unique Processing Pathway
A Unique Processing Pathway “Every once in a while, a new technology, an old problem, and a big idea turn into an innovation.” Dean Kamen, Inventor.
Slide 13: Breakthrough Technology
Breakthrough Technology • CSIRO-developed flowsheet produces high purity battery grade manganese. • Potential products include manganese sulphate for NMC Li-Ion Batteries, Electrolytic Manganese Dioxide (“EMD”) and Electrolytic Manganese Metal (“EMM”). • High purity manganese is a high value product
Slide 14: A Simpler, Lower Cost, Cleaner Process
A Simpler, Lower Cost, Cleaner Process Current processing methods in China for oxide ores are high energy, high emissions, high cost and inefficient. 14 Element 25 Investor Update Diggers and Dealers August 2018
Slide 15: A Simpler, Lower Cost, Cleaner Process
A Simpler, Lower Cost, Cleaner Process The E25 process is better because: • It uses locally mined ore from the Butcherbird Project. • It is a simpler, single step leach process. • It can produce manganese sulphate directly from the leach solution rather than leaching metal. • It will use cheaper, lo
Slide 16: Next Steps for Element 25?
Next Steps for Element 25? Scoping Study complete and positive. What is the pathway to development…
Slide 17: Scoping Study Completed, PFS Underway
Scoping Study Completed, PFS Underway KEY FACTORS FOR OPTIMISATION: • SCALE: Very large resource means optimal scale is not limited by resource size. Pre-feasibility study will assess various production volumes to find the optimum start-up module size. • POWER SOLUTION: Electro-winning is a heavy po
Slide 18: Project Timeline Estimate
Project Timeline Estimate 2018 2019 2020 2021 A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D Scoping Study ü Decision to proceed to PFS PFS Decision to proceed to FS FS Decision to proceed to Construct Construct Commence Mining Commence Operations Estimated
Slide 19: Conclusion – why invest?
Conclusion – why invest? • World class, very large manganese deposit makes the project eminently scalable. • Technology breakthrough on processing. • Simple geology and flowsheet reduces technical risk. • Strong demand growth forecast from conventional end users and the battery revolution. • Multipl
Slide 20: Thank you.
Thank you. For more information, please contact Element 25 Limited: +61 6315 1400 admin@e25.com.au www.element25.com.au
Slide 21: Competent Person’s Statement
Competent Person’s Statement Note: The information in this presentation that relates to Exploration Results, Exploration Targets and Mineral Resources is based on information compiled by Mr Justin Brown who is a full-time employee of the Company and is a member of the Australasian Institute of Minin
Slide 22: Appendices
Appendices Element 25 Investor Update Diggers and Dealers August 2018 22
Slide 23: World Class Manganese Resource
World Class Manganese Resource Prospect Tonnes (Mt) Mn (%) SiO2 (%) Fe (%) P2O5 (%) Al2O3 (%) Yanneri Ridge Inferred 48.0 10.7 43.0 11.1 0.262 10.7 Indicated 22.5 12.0 43.8 11.6 0.297 10.6 Additional Deposits Inferred 110.3 10.6 44.4 11.9 0.3 11.0 Total 180.8 10.8 43.9 11.7 0.3 10.9 • Inferred and I