Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Shareholder Meeting (October 2024)
20 slides from Sunrise Energy Metals's shareholder meeting presentation, October 2024
Slide 1: Annual General Meeting
Annual General Meeting October 2024
Slide 2: Cautionary statement
Cautionary statement Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, pe
Slide 3: Sunrise: Progressing an advanced portfolio of assets
Sunrise: Progressing an advanced portfolio of assets Sunrise Nickel-Cobalt Project A large, long-life, low-cost and development-ready asset targeting growth in global automotive electrification technologies Syerston Scandium Project A low-capex, high-value, stand-alone mine/refinery targeting scandi
Slide 4: Sunrise Nickel-Cobalt Project
Sunrise Nickel-Cobalt Project 4
Slide 5: Project summary
Project summary Sunrise • Value. A large, low-cost, permitted nickel- Ni-Co-Sc cobalt development in a safe jurisdiction deposit • Opportunity. Strategic value evident as tensions in US-China relations increase: major Inflation Reduction Act credits • Market. Ni/Co oversupplied due to a flood of new
Slide 6: Sustainability in design
Sustainability in design Carbon intensity of nickel production • Key design features of the Sunrise Project include: (kg CO2/Kg Nickel in sulphate) Nickel Pig Iron (EAF) ▪ 100% renewable power for mine and processing plant ▪ Use of co-gen to reduce electricity demand Nickel Pig Iron (RKEF) ▪ Water r
Slide 7: Pre-construction activities
Pre-construction activities • Recent work has focused on pre-construction activities: • Installation and pump testing of water bores completed • Design and engineering for electrical connection delivered • Engineering for oversize transport route completed • Periodic monitoring and reporting of envi
Slide 8: Syerston Scandium Project
Syerston Scandium Project 8
Slide 9: Syerston Scandium Project - Updated Feasibility Study
Syerston Scandium Project - Updated Feasibility Study GR Engineering Services is appointed to update the cost basis from the 2016 Syerston Scandium Project Feasibility Study1 The current scope assumes a stand-alone mine and processing plant to produce scandium-containing materials Optimization work
Slide 10: Comparing scandium sources
Comparing scandium sources Comparing Scandium-Bearing Feedstocks • A large part of the world’s scandium 100% comes from reprocessing acidic Sunrise TiO2 waste in China, where there 80% are significant environmental Ni-Co By-Product legacies with waste disposal Sc Recovery 60% Zircon Sand Waste • Sca
Slide 11: Scandium markets
Scandium markets • Three strategic markets – high performance military and civilian alloys; semiconductors; low-emission technologies HIGH-PERFORMANCE SEMICONDUCTORS / FUEL CELLS / ALLOYS MICROELECTRONICS HYDROGEN • The alloy market presents the largest Potentially the largest use case in automotive
Slide 12: Exploration
Exploration 12
Slide 13: Clonagh Trend, Cloncurry (Qld)
Clonagh Trend, Cloncurry (Qld) • Six Exploration Permits (EPMs) covering 912 km2 in the world-class Cloncurry district in Queensland, Australia. • Sunrise Energy Metals has optioned these tenements via a conventional earn-in arrangement – sole funding $3M for 51% or $8M for 75% • Located in proximit
Slide 14: Lachlan Fold Belt (NSW)
Lachlan Fold Belt (NSW) • Over 3,400km2 of exploration acreage across the highly prospective Lachlan Fold Belt • Recent exploration activities have targeted shallow limestone for Sunrise, with reverse circulation (RC) drilling programs completed on the Boona Gap and Meloola licenses over the first h
Slide 15: FY25 targets and investment thesis
FY25 targets and investment thesis 15
Slide 16: Targets for FY2025
Targets for FY2025 Sunrise Nickel-Cobalt • Continue engagement on offtake / funding, particularly in the US • Complete pre-construction activities and preserve options for re-start • Minimal spend anticipated Sunrise Scandium • Complete update on capital estimate and schedule • Undertake optimizatio
Slide 17: Investment thesis
Investment thesis Strategic positioning Development-ready Exploration Sustainability 1. A portfolio of large, low cost 1. Key permits and approvals 1. Large land positions held in 1. Projects have been designed assets secured two of the world’s most with strong sustainability prospective geological
Slide 18: Appendix
Appendix 18
Slide 19: Corporate snapshot
Corporate snapshot Board Robert Friedland Jiang Zhaobai Sam Riggall Eric Finlayson Stefanie Loader Trevor Eton Co-chair and Co-Chair and Managing Director Non-Executive Lead Independent Non-Executive Non-Executive Non-Executive and Chief Director Non-Executive Director Director Director Executive Of
Slide 20: Corporate Investors
Corporate Investors Sam Riggall Craig Sainsbury +61 3 9797 6777 craig.sainsbury@automiocgroup.com.au
Sunrise Energy Metals — Shareholder Meeting (October 2024) on 6ix