Environmental Clean Technologies Limited · ASX:ECT
Environmental Clean Technologies — Shareholder Meeting (November 2017)
19 slides from Environmental Clean Technologies's shareholder meeting presentation, Nov 22, 2017
Slide 1: AGM Presentation
AGM Presentation Wednesday 22 November 2017 “Bridging the gap between today’s use of resources and tomorrow’s zero-emissions future”
Slide 2: Disclaimer
Disclaimer Environmental Clean Technologies Limited (“ECT” or “the Company” ) has taken all reasonable care in compiling and producing the information contained in this presentation. The Company will not be responsible for any loss or damage arising from the use of the information contained in this
Slide 3: Overview
Overview Section 1 Section 2 Domestic Activity India Activity • Organisational changes • TEF Study • Bacchus Marsh • MPA • Latrobe Valley • NITI Aayog • New IP • External Financial Review • Capital Management • Current Status • Path ahead
Slide 4: Organisational Changes
Organisational Changes Environmental Clean Technologies Limited ECT Finance Board of Directors ECT India • Glenn Fozard (Chair) • Barry Richards (NED) • David Smith (NED) Board of Directors ECT Executive Committee Board of Directors • Ashley Moore (Chair) • Jim Blackburn (ECTL) • Ashley Moore (CMD)
Slide 5: Bacchus Marsh Summary of Project Drivers
Bacchus Marsh Summary of Project Drivers • Enhanced R&D capability thanks to broader and more flexible operational parameters • OHS&E improvements • Automation enhancements • Maintenance improvements • Technology scale-up testing & de-risking and process parameter optimisations • Enhanced drying tem
Slide 6: Bacchus Marsh
Bacchus Marsh High Volume Test Facility Stage 1 Jun 2016 – Jan 2017 • Target Capacity Up to 10,000 tpa • Budget ~$875,000 • Status Complete Stage 2 Jan 2017 – June 2017 • Target Capacity Up to 15,000 tpa • Budget ~$500,000 • Status: Complete Next Steps Stage 3 Dec 2017 – Feb 2018 • Target Capacity U
Slide 7: Sales Strategy
Sales Strategy Future Use • Innovation collaboration facility – Industry/Universities/Government • Knowledge centre for continuous improvement of Coldry and Matmor • Commercial Sales potential 35,000 tonnes per annum following completion of upgrades Strategic partnerships • Jebsens – sales & logisti
Slide 8: Latrobe Valley
Latrobe Valley Coldry large-scale demonstration plant • Capacity - up to 170,000 tonnes per annum • Solid Fuel Alternative to high priced gas • Steering committee established • Feasibility program commenced: • Scoping study and selection phase • Pre-feasibility study • Feasibility study and funding
Slide 9: Latrobe Valley Markets
Latrobe Valley Markets Small to medium volume: • Consumers who need affordable utility grade heat to run their business. • Timber, dairy and agriculture. • Many switched to gas when the Morwell briquette plant closed, but with the increasing gas price, they need an alternative. • Coldry is an ideal
Slide 10: Latrobe Valley Project Pathway
Latrobe Valley Project Pathway Prefeasibility Feasibility Study Implementation Operation Closure & Scoping Study Study & Funding and start up (20-30 years) Decommissioning Determine what it Determine what it Determine what it Deliver the Extract the value Return to the could be should be will be pro
Slide 11: New IP
New IP HydroMOR: • Provisional patent application lodged last November progressed to formal PCT application today • Hydrogen-based • Lower temperature • Lower cost • Lower CO2 COHgen: • Experimental activity has confirmed the increased yield of hydrogen gas from brown coal via this new process • Pro
Slide 12: Capital Management
Capital Management R&D Tax incentive • Positive ruling received for the Coldry project in India • Allows financing of 43.5% of the eligible R&D expenditure, estimated to be approx. A$10 million • Matmor ‘Advance Finding and Overseas Ruling’ application submitted and under review, results expected be
Slide 13: Section 2: India Activity
Section 2: India Activity Overview • TEF Study • MPA • NITI Aayog • External Financial Review • Current Status • Path ahead
Slide 14: India Activity: TEF Study
India Activity: TEF Study Benefit vs Blast Furnace Decoupling from traditional raw materials strengthens a business’ resistance to inherent price volatility: • Critical Raw material prices have moved between early and late 2016; mainly Coking coal • Compared below is F2015/16 average (left) vs. mid
Slide 15: India Activity: MPA
India Activity: MPA Master Project Agreement • Coldry Demonstration Plant • Matmor Pilot Plant In partnership with: • NLC India – Indian Government owned lignite authority and power generator • NMDC – Indian Government owned iron ore authority • Located next to NLC mine and power station complex • ~
Slide 16: India Activity: NITI Aayog
India Activity: NITI Aayog • NITI Aayog – National Institute for the Transformation of India • Formerly; National Planning Committee • Chaired by Prime Minister Modi • Technical review completed prior to 30 June 2017 • Extensive support provided by Australian High Commission • Nature and importance
Slide 17: India Activity: External Financial Review
India Activity: External Financial Review • Program expected the draft report to be submitted yesterday or today (i.e. 21 or 22 Nov). • ECT understands this to continue to be the case, and will confirm as soon as we have been advised by NLC. Financial Review: • Complete analysis of ECT’s annual fina
Slide 18: India Activity: Path Ahead
India Activity: Path Ahead • Conclusion of external review within 4 weeks of submission of draft report (due now) • Formal presentation to NLC & NMDC by consultants • Issue resolution & MPA amendments (if any) • NLC submits to Ministry of Coal • Ministry of Coal submits to NITI Aayog • Approvals • B
Slide 19: Thank you.
ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED Thank you.
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