Ecograf Ltd. · ASX:EGR
Ecograf — Kibaran Resources — Resources Rising Stars Conference 2016
23 slides from Ecograf's conference presentation, May 25, 2016
Slide 1: Kibaran Resources Investor Presentation (ASX Announcement)
ASX Announcement 25 May 2016 KIBARAN RESOURCES INVESTOR PRESENTATION Kibaran Resources Limited (ASX: KNL), (‘Kibaran’ or the ‘Company’) is pleased to advise that Managing Director, Andrew Spinks will be presenting today at the Resources Rising Stars Conference, Gold Coast, Queensland. The presentati
Slide 2: Development of the Epanko Graphite Project for the high growth Battery Market
PREMIUM QUALITY GRAPHITE IN TANZANIA Development of the Epanko Graphite Project for the high growth Battery Market Resources Rising Stars Conference - May 2016 ASX: KNL
Slide 3: Disclaimer
D I S C L A I M E R Securities Disclaimer This presentation is for informational purposes only and does not constitute an offer to sell, or solicit to purchase, any securities. Such offer can be made only through proper subscription documentation and only to investors meeting strict suitability requ
Slide 4: Company Overview: Capital Structure
C O M P A N Y O V E R V I E W Capital Structure KNL:ASX Shares on Issue 182.4m Share Price (5 May 2016) $0.22 Market Capitalisation $40.1m Net Cash (31 March 2016) $2.3m Enterprise Value $37.8m Options Unlisted Options Various Exp, Various Ex Prices 18m Shareholders 18% Directors & Management 17% Ot
Slide 5: Key Highlights
K E Y H I G H L I G H T S Epanko Graphite Project - Feasibility Study Ore Reserve supporting 25 year mine life with contained resource of 2,194,600 tonnes 75% of forecast annual production of 40,000 tonnes supported by binding off-takes ThyssenKrupp 20,000tpa to be sold to steel industry and 1
Slide 6: Strategic Long Term Partnerships: Binding Offtake Agreements
S T R A T E G I C L O N G T E R M P A R T N E R S H I P S Binding Offtake Agreements Traditional Refractory Market Epanko High Value Expanded Market (Large Flake) MoU Agreement High Growth Battery Market 5
Slide 7: Strategic Long Term Partnerships: Debt Financing
S T R A T E G I C L O N G T E R M P A R T N E R S H I P S Debt Financing World’s Safest Bank GermanEpanko Gov’t Loan Guarantee (Large Flake) Africa’s Largest Investment Bank 6
Slide 8: Why Tanzania
W H Y T A N Z A N I A Low Sovereign Risk Corporate Tax (30%) Royalty (3%) New Road and Bridge Construction on route to Epanko Mature mining sector Skilled workforce Access to grid power Well developed infrastructure network 7
Slide 9: Project Overview
P R O J E C T O V E R V I E W Completed Bankable Feasibility Study Simple open cut mine and conventional flotation processing plant Ore Reserve supporting 25 year mine life with contained resource of 2,194,600 tonnes Capex of US$77.5m Annual EBITDA of US$33.6m for 15 years with 40,000tpa P
Slide 10: Project Location and Infrastructure
P R O J E C T L O C A T I O N A N D I N F R A S T R U C T U R E 9
Slide 11: Epanko Processing Plant
E P A N K O P R O C E S S I N G P L A N T Production of Natural Flake Graphite Simple flowsheet design Double Initial Production Production 80ktpa 40ktpa +$30m EPANKO FLAKE SIZE DISTRIBUTION Microns Portion Retained Carbon Grade Double Name (µm) Mesh Size (%) (%) Production Jumbo >300 >48 20.0 97.
Slide 12: About Graphite
A B O U T G R A P H I T E An industrial mineral with unique Battery Grade Graphite physical properties: Superior thermal/electrical conductivity Stable wide temperature range High melting point Lithium-Ion Excellent lubrication Malleable Resistant to chemical attack Fuel-Cell Redox-Flow
Slide 13: Global Production and Demand
G L O B A L P R O D U C T I O N A N D D E M A N D China is the largest producer (~600ktpa) of natural graphite Half of China’s production is consumed by USA, Europe, Japan and Korea 12
Slide 14: Kibaran's Graphite Sales
K I B A R A N ’ S G R A P H I T E S A L E S Europe is the largest refractory market outside China Japan and Korea is largest battery grade graphite market 13
Slide 15: Global Demand for Flake Graphite
G L O B A L D E M A N D F O R F L A K E G R A P H I T E Epanko annual production of 40,000 tonnes is 7% of global demand REGION North South END-USE Asia Europe Others TOTAL America America Refractories 225 46 15 30 8 324 Foundries 28 20 15 12 4 79 Batteries 57 4 5 4 1 71 Friction 10 5 3 1 1 20 Lub
Slide 16: World's Largest Gigafactories
W O R L D ’ S L A R G E S T G I G A F A C T O R I E S Gigafactories will drive future graphite demand 7GWh 35GWh “Panasonic (Japan) and LG Chem (Korea) are developing the world’s largest gigafactories for the 20GWh growing EV battery market” 15 Source: Schematic Interpretation of Benchmark Mineral I
Slide 17: Current Global Battery Demand
C U R R E N T G L O B A L B AT T E R Y D E M A N D ELECTRIC VEHICLES (‘EV’) ENERGY STORAGE SYSTEMS (‘ESS’) Number of electric cars worldwide on January 1, 2015 “Tesla’s 2016 production of its lithium- based Powerwall sold out in August 2015” 16 Source: Outlook for EV’s & Future Potential Demand for
Slide 18: Kibaran – Vertically Integrated
K I B A R A N – V E R T I C A L LY I N T E R G R AT E D EPANKO GRAPHITE MINE Production of Natural Flake Graphite 40,000 tpa of Graphite NPV - US$197.4m PRODUCTION OF BATTERY GRAPHITE Mechanical Shaping and Purification 5,000 tpa of Spherical Graphite NPV - US$115m PRODUCTION OF LIB ANODE Coating of
Slide 19: Production of Battery Grade Graphite
P R O D U C T I O N O F B A T T E R Y G R A D E G R A P H I T E Scoping Study Completed Superior quality confirmed by end users Initial production 15,000tpa NPV US$115m Capital Expenditure US$30m Next Step - Feasibility Study Production scale test on bulk sample commenced Finalising bind
Slide 20: Board & Management Team
B O A R D & M A N A G E M E N T T E A M Robert Pett – Non-Executive Chairman Minerals Economist with over 30 years experience in developing resources and mines in Australia and Africa. Founding Chairman of Resolute Mining. Andrew Spinks - Managing Director Geologist with over 25 years experience
Slide 21: Our Study Team
O U R S T U D Y T E A M “All study consultants are considered leading experts with a proven history of developing projects in Tanzania” 20
Slide 22: In Summary
I N S U M M A R Y Well Positioned to be a Producer Bluechip strategic partners – ThyssenKrupp AG + Sojitz + EGT Debt finance – KfW-IPEX Bank + German Gov’t + Nedbank Access Japanese and Korean battery market Value add strategies to create further value Strong on-market support from Germany
Slide 23: Kibaran Resources Limited
Kibaran Resources Limited 338 Hay Street, Subiaco WA 6008 Phone: + 61 8 6380 1003 Email: info@kibaranresources.com www.kibaranresources.com 22
Kibaran Resources — Resources Rising Stars Conference 2016 on 6ix