Australian Vanadium Limited · ASX:AVL
Australian Vanadium — Investor Presentation (July 2019)
27 slides from Australian Vanadium's investor presentation, July 2019
Slide 1: Australian Vanadium Limited Corporate Presentation
Australian Vanadium Limited Corporate Presentation July 2019 | ASX: AVL
Slide 2: Disclaimer
Disclaimer The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Competent Person References Competent P
Slide 3: Executive Summary
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Executive Summary The Australian Vanadium Project is a high-grade Vanadium Titanium Magnetite (VTM) deposit located in the Murchison Province approximately 43kms south of the mining town Meekath
Slide 4: Corporate Snapshot
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Corporate Snapshot AVL Share Price History Key Statistics (26/06/19) $0.080 45,000,000 Ordinary shares on issue 1.97b $0.070 40,000,000 Share price A$0.013 $0.060 35,000,000 $0.050 30,000,000 Ma
Slide 5: AVL's Team of Experts
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward AVL’s Team of Experts Vincent Algar Daniel Harris Todd Richardson Managing Director Technical Director Chief Operating Officer Geologist with over 25 years’ Over 40 years of global Over 20 years
Slide 6: Vanadium Market Overview
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Vanadium Market Overview Vanadium Production and Consumption Global Vanadium Production vs Consumption 100000 90% of vanadium consumption 95000 90000 occurs in the steel industry 85000 MTV 80000
Slide 7: Steel Market
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Steel Market Primary Market for Vanadium • Steel remains vanadium’s primary market and price driver • Chinese rebar consumption a key metric • New standards require increased vanadium use in gra
Slide 8: Steel Market
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Steel Market Primary Market for Vanadium • Historically, vanadium has experienced long periods of low prices, followed by periods of high prices • Lowest quartile producers best positioned to su
Slide 9: Energy Storage Market
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Energy Storage Market Emerging Market for Vanadium What is a VRFB? • A redox flow battery is made up of two tanks filled with electrolyte fluid – the electrolyte acts as cathode and anode and ta
Slide 10: Energy Storage Market
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Energy Storage Market Emerging Large Consumption Markets for Vanadium in Energy Storage Vanadium Consumption in Energy Storage (Li-ion and VRFB) 35000 30000 145g/l 25000 V₂O₅ in H₂SO₄ at 1.6 mol
Slide 11: The Australian Vanadium Project
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward The Australian Vanadium Project ASX: AVL 11
Slide 12: Project Location
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Project Location Project in active mining region, close to road, rail, port and natural gas WA ranked 2nd best mining investment location globally 11.5km of known mineralisation under 100% AVL c
Slide 13: Resource Table
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Resource Table Material JORC Resource Class Million Tonnes V2O5% Fe% TiO2% SiO2% Al2O3% LOI% Measured 10.2 1.11 42.7 12.6 10.2 8.0 3.9 Indicated 12.1 1.05 43.8 11.9 10.6 7.6 3.5 High Grade Infer
Slide 14: Project Geology
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Project Geology Bushveld-type VTM deposit Drilled over 11.5km of AVL controlled strike Significant ground position for project development Highly consistent geology over strike Massive magnetite
Slide 15: ASX: AVL
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward ASX: AVL 15
Slide 16: Planned Infrastructure
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Planned Infrastructure ASX: AVL 16
Slide 17: Model of Proposed Plant
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Model of Proposed Plant Open Pit CMB Plant Roaster & Refinery Section ASX: AVL 17
Slide 18: PFS Financial Model
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward PFS Financial Model V2O5 Product Pricing Scenarios Year 1–5 $8.67/lb V2O5 $13/lb V2O5 $13/lb V2O5 Year 6–17 $8.67/lb V2O5 $8.67/lb V2O5 $13/lb V2O5 Pre-tax NPV8% $230M $444M $912M Post-tax NPV8%
Slide 19: Benchscale Testwork
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Benchscale Testwork Key Findings High-Purity Product • High-purity 99.4% Vanadium Pentoxide (V2O5) produced from pre-pilot testwork • Expected to be AVL’s standard product • Better value per uni
Slide 20: Pilot Scale Testwork
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Pilot Scale Testwork AVL’s Definitive Feasibility Study is Underway Pilot Scale Testing is Crucial • Testwork at scale is a key differentiator of successful projects • At-scale testing of circui
Slide 21: Social Responsibility
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Social Responsibility Community Support and Environmental Protection Providing Benefits to the Meekatharra Community • AVL sponsors the Stephen Michael Foundation • Helping to engage children in
Slide 22: The Path Forward
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward The Path Forward The Australian Vanadium Project Dec 2018: Completion of PFS, option studies, Mineral Reserve ✓ Jan 2019: Commencement of pilot study sample collection (30t) ✓ Aug to Pilot study
Slide 23: The Path Forward
The Path Forward The Australian Vanadium Project Completion of PFS/Options Studies (±25%) costing ✓ Commence Order long lead work on PFS ✓ Ongoing work on Pilot Study time equipment Commence and DFS components construction 2018 2019 2020 2021 Commence discussions to EPC/EPCM contract obtain financia
Slide 24: Permitting
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Permitting Finalised Water impact assessment ✓ Flora and fauna field assessments ✓ Heritage access agreements ✓ Stygofauna/troglofauna sampling ✓ Mining licence application ✓ In Progress Mining
Slide 25: Project Summary
Corporate Vanadium About the Social The Path Introduction Overview Markets Project Responsibility Forward Project Summary Completed Ongoing Planned • Exploration success – large high • Large scale pilot testing and DFS • DFS completion quality VTM resource defined underway • Key funding partner sele
Slide 26: Contact Us
Contact Us +61 (08) 9321 5594 info@australianvanadium.com.au Level 1, 85 Havelock Street West Perth, Western Australia 6005 www.australianvanadium.com.au Australian Vanadium Limited | ASX: AVL ASX: AVL 26
Slide 27: Australian Vanadium Limited
Australian VANADIUM LIMITED V Vv australianvanadium.com.au
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