Globe Metals & Mining Limited · ASX:GBE
Globe Metals & Mining — Shareholder Meeting (November 2020)
39 slides from Globe Metals & Mining's shareholder meeting presentation, Nov 25, 2020
Slide 1: Niobium – Celebrating Excellence in Engineering: AGM Presentation
For personal use only Niobium Celebrating Excellence in Engineering AGM Presentation ASX: GBE Unit 1, 26 Elliott Street, Midvale Western Australia 6056 www.globemm.com P: +61 (8) 6118 7240
Slide 2: Disclaimer
Niobium – Celebrating Excellence in Engineering Disclaimer For personal use only This Presentation has been prepared by Globe Metals & Mining Limited ABN 33 114 400 609 (Globe). The information in this presentation is an overview and does not contain all information necessary for making investment d
Slide 3: About Globe
Niobium – Celebrating Excellence in Engineering About Globe For personal use only Who we are Publicly listed company working to produce superalloy materials niobium and tantalum for engineering applications in a range of industries. Local Exchange Australian Stock Exchange (ASX: GBE) Project Kanyika
Slide 4: Board & Management
Niobium – Celebrating Excellence in Engineering Board & Management For personal use only Alice Wong Bo Tan Chairperson Non-Executive Director • Apollo Nominee • MBA and CFA • Hon. Business Administration Accounting; AICPA • Over 15 years experience in finance and investment • Extensive career in inv
Slide 5: Presentation Outline
Niobium – Celebrating Excellence in Engineering Presentation Outline For personal use only 1. INDUSTRY AND THE PRODUCTS ❖ Niobium and Tantalum – Strategic Appeal ❖ Niobium and Tantalum Pricing ❖ Competitors and New Projects Landscape 2. THE PROJECT ❖ Overview ❖ Project Benefits 3. MALAWI OVERVIEW 4.
Slide 6: Industry and Products
For personal use only Section 1 Industry and Products
Slide 7: Strategic Appeal of Niobium
Niobium – Celebrating Excellence in Engineering Strategic Appeal of Niobium For personal use only Niobium makes Critical in high strength low alloy (HSLA) steels for construction and stronger, lighter & How substitutable is Niobium in each industry? automotive industries, in superalloys for aerospac
Slide 8: Conventional Use - by Industry
Niobium – Celebrating Excellence in Engineering Niobium: Conventional Use - by Industry For personal use only Current Future Trends Source: Mordor Intelligence (www.mordorintelligence.com/industry-reports/niobium-market) Source: businesswire (www.businesswire.com/news/home/20171116005924)
Slide 9: Conventional Use - Applications
Niobium – Celebrating Excellence in Engineering Niobium: Conventional Use - Applications For personal use only High-Rise Construction Automobile Super & Master Alloys Oil and Gas Pipeline Military & Aerospace
Slide 10: Conventional Use - Example Applications
Niobium – Celebrating Excellence in Engineering Conventional Use - Example Applications For personal use only The Millau Viaduct in southern France was Construction of the Eiffel Tower in Paris used Most of the world’s 3.5m kms of high constructed using HSLA Steel containing 7,300t of wrought iron.
Slide 11: Conventional Use – Structural Steel
Niobium – Celebrating Excellence in Engineering Conventional Use – Structural Steel For personal use only Use of niobium for structural steel is forecast to continue to grow due to increasing rate of urbanisation and the expected growth in the number of cities, with HSLA steels integral to high-rise
Slide 12: Conventional Use – Structural Steel
Niobium – Celebrating Excellence in Engineering Conventional Use – Structural Steel For personal use only Cities are not only increasing in number they are getting larger and taller. 2017 was a record year for skyscraper construction with 144 built. Over half were built in China. The Burj Khalifa is
Slide 13: Conventional Use – Automotive
Niobium – Celebrating Excellence in Engineering Conventional Use – Automotive For personal use only The use of niobium to create stronger and lighter vehicles has and continues to change the face of the automobile industry. $9 of Niobium added to a mid-sized automobile reduces its weight by 100kg, i
Slide 14: Emerging Uses for Niobium
Niobium – Celebrating Excellence in Engineering Emerging Uses for Niobium For personal use only Electric Vehicles Electronics Medical Imaging Superconducting Magnets High-Rise Construction Automobile
Slide 15: Emerging Use – Electric Vehicle Batteries
Niobium – Celebrating Excellence in Engineering Emerging Use – Electric Vehicle Batteries For personal use only Niobium addresses almost all of the major barriers to electric vehicle adoption. Niobium market controlled by 3 producers, collectively producing 99% of current supply Source: www.deq.ufv.
Slide 16: Emerging Use – Superconducting Magnets
Niobium – Celebrating Excellence in Engineering Emerging Use – Superconducting Magnets For personal use only Niobium’s unique combination of physical and chemical elements makes it a material of choice in a myriad of challenging high technology electronic applications Source: www.apogeeweb.net Sourc
Slide 17: Supply: Only A few Suppliers
Niobium – Celebrating Excellence in Engineering Niobium Supply: Only A few Suppliers For personal use only The Herfindahl-Hirschman Index, pictured right, is a commonly accepted measurement of market concentration, and in this case, it shows which mineral sectors have healthy competition between cou
Slide 18: Supply: Brazil Dominant
Niobium – Celebrating Excellence in Engineering Niobium Supply: Brazil Dominant For personal use only CBBM, Brazil Niobec, Canada Catalao, Brazil (70% privately held, 15% each by Chinese SOEs and Japanese steel mills) (100% privately owned - Magris Resources) (100% privately owned – China Molybdenum
Slide 19: Demand
Niobium – Celebrating Excellence in Engineering Demand For personal use only Growth in demand for steel and for Niobium demand v Global Steel Forecasts higher quality steel products forecast 2,500 175,000 World Steel Prod (Mt) Global Nb Consumption (t) to drive consumption of niobium. 2,250 155,000
Slide 20: Demand Driver – Structural Steel
Niobium – Celebrating Excellence in Engineering Demand Driver – Structural Steel For personal use only Short Term In October 2020, Worldsteel (the World Steel Association) released its Short Range Outlook for steel demand for 2020 and 2021. Worldsteel is predicting global steel demand will contract
Slide 21: Demand Driver – Increased Intensity of Use
Niobium – Celebrating Excellence in Engineering Demand Driver – Increased Intensity of Use For personal use only Overall intensity of use of ferro-niobium (FeNb) in steel is at its greatest in highly developed countries (eg Germany, USA) and averages in excess of 100g/t. Overall intensity of use of
Slide 22: Pricing – Concentrate and finished product
Niobium – Celebrating Excellence in Engineering Niobium Pricing – Concentrate and finished product For personal use only Nb metal US$/tonne Concentrate 50,000 • Nb2O5 concentrate is rarely sold or in very low volumes 45,000 • Typically a by-product from tantalum production 40,000 • Pricing: $25/kg ±
Slide 23: Kanyika Project
For personal use only Section 2 Kanyika Project
Slide 24: Project Overview
Niobium – Celebrating Excellence in Engineering Project Overview For personal use only ❖ 28,603m of RC and 5,162m of core drilling completed ❖ Mineral resource (JORC 2012) defined, consisting of 68.3 million tonne of mineralisation with a grade of 2,830 ppm Nb2O5 and 135 ppm Ta2O5 ❖ Engineering flow
Slide 25: Project Location
Niobium – Celebrating Excellence in Engineering Project Location For personal use only Well located ✓ ~250kms N of capital city of Lilongwe ✓ ~800kms WNW of Nacala Port, Mozambique Proximity to good infrastructure ✓ Rail ✓ Airport ✓ Sea port ✓ Telecommunications Low infrastructural demand ✓ 1,000t p
Slide 26: Mineral Resource Estimate
Niobium – Celebrating Excellence in Engineering Mineral Resource Estimate For personal use only Tonnes Nb2O5 Contained Ta2O5 Contained Classification (Mt) (ppm) Nb2O5 (t) (ppm) Ta2O5 (t) Measured 5.3 3,770 19,981 180 954 Indicated 47 2,860 134,420 135 6,345 Inferred 16 2,430 38,880 120 1,920 Total 6
Slide 27: Infrastructure Plan & Processing Plan Layout
Niobium – Celebrating Excellence in Engineering Infrastructure Plan & Processing Plan Layout For personal use only Niobium market controlled by 3 producers, collectively producing 99% of current supply
Slide 28: Processing Plant Layout
Niobium – Celebrating Excellence in Engineering Processing Plant Layout For personal use only Niobium market controlled by 3 producers, collectively producing 99% of current supply
Slide 29: Kanyika Project Environmental Certification
Niobium – Celebrating Excellence in Engineering Kanyika Project Environmental Certification For personal use only Niobium market controlled by 3 producers, collectively producing 99% of current supply
Slide 30: Malawi Overview
For personal use only Section 3 Malawi Overview
Slide 31: Malawi Country Facts
Niobium – Celebrating Excellence in Engineering Malawi Country Facts For personal use only Capital: Lilongwe Population: 18 million, 90% in rural areas (estimated) Located in Central Africa, bordered by Tanzania (north), Stable government and a democratic multi-party, system Zambia (west) and Mozamb
Slide 32: Infrastructure
Niobium – Celebrating Excellence in Engineering Infrastructure For personal use only • Government initiatives targeting improvements in road, railroad, electricity and telecommunications infrastructure to assist industrial development. • Kachasu Nkaya section of US$4.9 billion Nacala Railroad Corrid
Slide 33: Pathway to Production
For personal use only Section 4 Pathway to Production
Slide 34: Pathway to Production Timeline
Niobium – Celebrating Excellence in Engineering Processing Plant Layout For personal use only If the Development Agreement is signed/finalised then…… • AML reissued to DoM • MRC has 190 days review period Commence early works Commissioning Community relocation Production • +45 days Mining Licence &
Slide 35: Summary
For personal use only Section 5 Summary
Slide 36: Summary
Niobium – Celebrating Excellence in Engineering Summary For personal use only Kanyika is a development ready project Compelling Development Product Sales Economics Agreement and (NPV = tba) (currently with Malawi Government for execution) Funding ready Engineering studies Community, Strong Strongout
Slide 37: For personal use only
For personal use only ASX: GBE Unit 1, 26 Elliott Street, Midvale Western Australia 6056 www.globemm.com P: +61 (8) 6118 7240 Alistair Stephens Michael Fry Managing Director Company Secretary E: michael.fry@globemm.com E: michael.fry@globemm.com M: 0417 996 454 M: 0417 996 454
Slide 38: Competent Persons Statement
Niobium – Celebrating Excellence in Engineering Competent Persons Statement For personal use only Competent person: ‘The information in the report to which this statement is attached that relates to Exploration Targets, Exploration Results, and Mineral Resources is based on information compiled by M
Slide 39: Mineral Resources Estimate
Niobium – Celebrating Excellence in Engineering Mineral Resources Estimate For personal use only The information in this report that relates to Mineral Resources is extracted from the report titled “Kanyika Niobium Project – Updated JORC Resource Estimate” released to the Australian Securities Excha
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