Nordic Mining Asa · OSL:NOM

Nordic Mining Asa — Keliber Oy — Investor Presentation (February 2017)

14 slides from Nordic Mining Asa's investor presentation, Feb 16, 2017

  1. Slide 1: High purity lithium carbonate

    High purity lithium carbonate Targeting fast growing lithium-ion battery markets and other advanced applications Pertti Lamberg Chief Executive Officer Jaakko Vilponen Chief Financial Officer February 2017

  2. Slide 2: Disclaimer

    Disclaimer This document will be used by Keliber Oy for supporting additional information like www.keliber.fi and oral presentation. Therefore, this document is incomplete without the oral explanations, comments and supporting instruments that were submitted during the referred presentation. To the

  3. Slide 3: Ideal geographical location

    Ideal geographical location Mining friendly jurisdiction and strong infrastructure Keliber production plant and key transport hubs • Well positioned for European markets • Strong, existing infrastructure • Valid permits, claims and Port of Railway Airpor Production reservations Kokkola station t pla

  4. Slide 4: Reserves

    Reserves Sufficient for production of 9,000 tons of lithium carbonate per annum for +11 years Latest estimate of mineral resources and ore reserves (million metric tonnes) Mt Länttä Syväjärvi Outovesi Rapasaari (Leviäkangas) (Emmes) Total Resources: Measured 0.437 - - - - 0.437 Indicated 0.910 1.530

  5. Slide 5: Excellent exploration potential

    Excellent exploration potential One of the most significant lithium-bearing areas in Europe Overview of concession areas • The lithium-rich province of Central Ostrobothnia covers over 500 sq. km • A number of unexplored areas and excellent potential for further discoveries • More than 1400 erratic

  6. Slide 6: Innovative Process

    Innovative Process Efficient and environmentally sound production of high purity lithium carbonate Customized process developed together with Outotec Columbite Pre-float Qtz-Fsp Rejects concentrat (apatite Sand & • Optical sorting e conc) Fines • Valuable by- products • Concentrate grade Spodume ne

  7. Slide 7: Strong commitment to environmental responsibility

    Strong commitment to environmental responsibility Valid environmental permits and ongoing EIA processes Key environmental aspects • Operations in a sparsely populated area • Efficient use of natural resources • Minimizing damage to the environment • Valid environmental permit for Länttä deposit and

  8. Slide 8: Mines and production plant

    Mines and production plant Easy access between sites Overview of mines and production site • Short distances between sites • Production site has good existing infrastructure (water, sewage, power and electricity) • No restrictions on layout planning 16 February 2017 High purity lithium carbonate

  9. Slide 9: Clearly profitable project

    Clearly profitable project Pre-feasibility study conducted by Sweco Industry Oy Key figures of pre-feasibility study and latest management case Pre-feasibility study Latest management case Li2CO3 production (9,000 t/a) Li2CO3 production (9,000 t/a) Ore reserves (Mt) 4.5 5.4 Plant capacity ore (t/a)

  10. Slide 10: Project timeline

    Project timeline Continuing to definitive feasibility study and preparation for production Tentative timeline for the next stages (2016-2020) • Definitive feasibility study is on-going • Basic engineering is on-going • EIA and permit processes are on-going • Further drilling and exploration 2017– 20

  11. Slide 11: Significant upside potential

    Significant upside potential Further process efficiency, exploration and commercialization of by- products Management estimate of the upside potential of value creation initiatives 350 22 300 19 30 250 81 200 NPV (€m) 30 329 150 100 148 50 0 NPV @ Increase Columbite Total NPV 8.0% (EURm) reserves co

  12. Slide 12: Summary

    Summary Lithium carbonate production with high value creation potential Production of • 9,000 tonnes of lithium carbonate per annum for +11 high purity years lithium carbonate • Attractive market driven by EV industry Innovative process • Efficient and environmentally sound production developed with

  13. Slide 13: World around

    World around 16 February 2017 High purity lithium carbonate

  14. Slide 14: Slide 14

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