Australian Vanadium Limited · ASX:AVL
Australian Vanadium — International Mining and Resources Conference (IMARC) 2018
16 slides from Australian Vanadium's conference presentation, November 2018
Slide 1: The World's Next High Grade Vanadium Mine
The World’s Next High Grade Vanadium Mine IMARC November 2018 | ASX: AVL 1
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. COMMENT It is common practice for a com
Slide 3: Cautionary Statements
Cautionary Statements The base case PFS results referred to in this presentation are based on a preliminary technical and economic study of the potential viability of developing an open pit mine and standalone vanadium plant to be constructed onsite at Australian Vanadium Limited’s Gabanintha Vanadi
Slide 4: Gabanintha Project
Gabanintha Project Globally significant vanadium resource 175.5Mt at 0.77% V₂O₅ Massive high-grade zone 93.6Mt at 1% V₂O₅ PFS base case (± 35%) Capex US$360m Opex US$4.28/lb Feed 900,000 tonnes p/a Mag Con 1.39% V2O5 10,100 tonnes p/a Mine life 17 years At US$20/lb the project has an NPV of ASX: AVL
Slide 5: Expert Vanadium Team
Expert Vanadium Team Vanadium expertise separates AVL from other explorers At Australian Vanadium Ltd our management is committed to fast-track this significant global resource. Our team brings together experts in geoscience, mining, chemical engineering, marketing and corporate governance and has a
Slide 6: Vanadium Markets: Steel
\/ y Australian VANADIUM LIMITED Vanadium Markets Steel
Slide 7: Vanadium Markets - Steel
Vanadium Markets -Steel Steel remains the price driver and primary market for vanadium (92% of vanadium consumption) ▪ Key metric is Chinese rebar consumption Steel ▪ increased New standards for Chinese rebar require vanadium use, doubling to rest-of-world standards (implemented today) ▪ Risk of sub
Slide 8: Vanadium V2O5 price history (US$/pound)
(US$/pound V2O5) $- $10.00 $15.00 $20.00 $30.00 $35.00 $40.00 $25.00 $5.00 Nov-02 May-03 Nov-03 May-04 Nov-04 May-05 Nov-05 May-06 Nov-06 May-07 Nov-07 May-08 Nov-08 May-09 Nov-09 May-10 Nov.-10 May-11 Nov 2002 - Nov 2018 Nov-11 inflated to current US$ May-12 Nov-12 May-13 Nov-13 May-14 Nov.-14 Meta
Slide 9: Vanadium Markets: Energy Storage
Vanadium Markets Energy Storage
Slide 10: Vanadium Markets – Energy Storage
Vanadium Markets –Energy Storage Unique characteristics of Vanadium Redox Flow Batteries (VRFBs) ▪ VRFBs provide a way to store and re-supply renewable energy. Their very high capacity is ideal for large-scale energy storage applications, unlocking the full potential of renewables while maintaining
Slide 11: VRFB Manufacturers
4 VRFB Manufacturers Australian Yanagi ES i y. 7 UniEnergy snc at UE T rechnoteties {38 | 0 RI 0 N Jen Kd Pa i} fi Be Pee RONGKE POWER @ thyssenkrupp SUMITOMO ; ELECTRIC \\\volterion He visblue O vourstoRAGE Bes, celicuve aan redr 26 iiicy energy storage VRB © WattJoule fs PROTEAN ENERGY
Slide 12: Vanadium Market Future
Vanadium Market Future Vanadium supply currently in deficit • Current global producers can increase their supply to provide up to half of the supply deficit • Increased demand from VRFB and tightened environmental controls in China mean a change from the previous cycle- new supply is required • Depo
Slide 13: Gabanintha Investment Summary
Gabanintha Investment Summary Globally significant vanadium resource with a team of experts experienced in the extraction of vanadium using convention processing of vanadium magnetites AVL Share Price History • $0.080 100,000,000 Significant project with high-grade Measured, 90,000,000 Indicated and
Slide 14: Contact Us
Contact Us +61 (08) 9321 5594 info@australianvanadium.com.au Level 1, 85 Havelock Street West Perth, Western Australian 6005 australianvanadium.com.au Australian Vanadium Limited | ASX: AVL
Slide 15: Resource Table
Resource Table Material JORC Resource Class Million Tonnes V2O5% Fe% TiO2% SiO2% Al2O3% LOI% High Grade Measured 10.1 1.1 42.7 12.6 10.3 8.0 4.0 Indicated 4.9 1.09 43.3 12.1 10.5 7.8 3.7 Inferred 78.6 0.98 42.4 11.2 11.4 7.6 3.4 Sub Total High Grade 93.6 1.00 42.50 11.4 11.30 7.6 3.50 Low Grade Indi
Slide 16: Production Information
Production Information NPV and IRR are reported at various V O pricing assumptions 2 5 Price US$/lb V2O5 Year 1-5 $8/lb $13/lb $13/lb $20/lb Year 6-17 $8/lb $8/lb $13/lb $20/lb NPV8% US$M 191 575 1099 2370 IRR % 0.145 0.336 0.395 0.698 Opex US$/lb 4.28 4.28 4.28 4.28 1. Opex (V2O5 Equiv) US$/lb 4.13
Australian Vanadium — International Mining and Resources Conference (IMARC) 2018 on 6ix