Renascor Resources Ltd · ASX:RNU
Renascor Resources — Investor Presentation (February 2022)
29 slides from Renascor Resources's investor presentation, Feb 4, 2022
Slide 1: Siviour Battery Anode Material Project
For personal use only Siviour Battery Anode Material Project Conditional approval received from Australian Government for A$185 million loan under the Critical Minerals Facility 4 February 2022
Slide 2: Section 1: Executive Summary
Section 1: Executive Summary For personal use only
Slide 3: $185 Million Conditional Loan Approval from Australian Government
$185 Million Conditional Loan Approval from Australian Government Conditional Approval The Australian Government has conditionally approved a A$185 million loan facility For personal use only to support the development of the Siviour Graphite Project in South Australia.1 for A$185m Loan § Conditiona
Slide 4: Project Highlights
Project Highlights Electric Vehicle growth is driving annual increases of 29% in demand for PSG for use in Ethically-sourced For personal use only lithium-ion battery anodes. and globally Renascor’s Competitive Advantages: ü Vertically integrated operation to produce PSG located wholly within South
Slide 5: Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market For personal use only
Slide 6: Renascor's Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation within South Australia consisting of a Mine, Concentrator For personal use only and downstream manufacturing facility to produce Purified Spherical Graphite (PSG) via eco-f
Slide 7: Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event
Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event Electric vehicle adoption is creating unprecedented global demand for batteries. For personal use only Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 7
Slide 8: Anode and Graphite Demand are Directly Linked to Battery Growth
Anode and Graphite Demand are Directly Linked to Battery Growth Graphite is the fundamental raw material in lithium-ion battery anodes. For personal use only Share of Mineral Demand from Energy Storage Anode Demand Forecast 2018 to 2040 Lead 6% EV sales as share 8,000 of total cars Lithium 4% Mangan
Slide 9: Global Anode Supply is Centered in Northeast Asia
Global Anode Supply is Centered in Northeast Asia China, Japan and South Korea will remain the center of anode production in the near-term before For personal use only expanding over time into European, US and other markets. EV sales as share of total cars Future supply Current Production Future sup
Slide 10: China Currently Controls 100% of the Market for Purified Spherical Graphite
China Currently Controls 100% of the Market for Purified Spherical Graphite All anode producers (including manufacturers in South Korea and Japan) are currently dependent For personal use only on China for Purified Spherical Graphite. Europe Renascor will provide a reliable source of PSG to a PSG gl
Slide 11: Strong Demand Growth for Purified Spherical Graphite
Strong Demand Growth for Purified Spherical Graphite The projected growth rate in the demand for Purified Spherical Graphite will put graphite mining and For personal use only graphite refining under increasing pressure to expand supply to meet demand. EV sales as share of total cars 90x Siviour G P
Slide 12: Graphite Prices Are Increasing
Graphite Prices Are Increasing The prices of Purified Spherical Graphite and Graphite Concentrates are rising. For personal use only Purified Spherical Graphite Price Index Graphite Concentrates Prices (-194 and -195) 40 Flake (94-95% C -100 mesh) +40% +10% 38 35 33 30 USD/Tonne Change 28 25 23 20 1
Slide 13: The Siviour Graphite Deposit is World-Class
The Siviour Graphite Deposit is World-Class Global Graphite Proven Reserves1 Siviour is unique - in both its near-surface, flat-lying For personal use only orientation and its scale as the world’s largest Global Graphite Proven Reserve1 reported graphite Reserve outside of Africa. § The deposit is f
Slide 14: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production For personal use only Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Siviour Stage 2 (Year 5 –10) Siviour Stage 1 (Year 1– 4) DFS cost of US$325/t* DFS cost of US$345/t*
Slide 15: Section 3: The Siviour Battery Anode Material Project
Section 3: For personal use only The Siviour Battery Anode Material Project
Slide 16: Mine to Market Supply Chain Security
Mine to Market Supply Chain Security South Mine to Market supply chain located from South Australia Potential Australia PSG Facility For personal use only lowers lowers logistics costs and ensures security of supply. . Port Augusta location § Renascor’s vertically integrated operation offers global
Slide 17: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical integration underpins low-cost PSG production. For personal use only § Graphite Concentrate feedstock a significant cost Siviour PSG cost saving of US$1,154/t input to the PSG manufacturing process. 3,500 over life of operation Siviour PSG cost
Slide 18: Battery Anode Material Study Results – Stage 1 PSG Production
Battery Anode Material Study Results – Stage 1 PSG Production1 Low graphite concentrate feedstock costs drives Renascor’s low For personal use only PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual
Slide 19: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials § South Australia is a Tier-1 jurisdiction with low sovereign risk and a Socially robust and transparent regulatory framework. For personal use only responsible § South Australia’s Minister for Energy and Mining granted a Mineral Lease for
Slide 20: Renascor's Strategy
Renascor’s Strategy We aim to become a global leader in the supply of sustainable, For personal use only 100% Australian-made battery anode material Stage 3 Stage 2 Stage 1 Full Renascor Potential • Further expansion of mine and Purified Spherical Graphite manufacturing capacity Expand Manufacturing
Slide 21: Australian Government Support
Australian Government Support § Australian Government conditionally approves A$185 million Loan Facility to fund the For personal use only development of the Siviour Graphite Project. 1 § “Major Project Status” awarded by Australian Government.2 § Identified by Australian Government as a “Selected A
Slide 22: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers § Siviour Battery Anode Material Project: For personal use only § Progressive satisfaction of terms of $185 Million conditional loan approval. § Advancing to binding offtakes with existing offtake and potential new offtake partners. § Increasing d
Slide 23: Renascor Resources Limited contact details
Renascor Resources Limited 36 North Terrace For personal use only Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: 23
Slide 24: Appendix
For personal use only Appendix
Slide 25: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Share Chart – ASX code: RNU Capital Structure For personal use only 0.350 300 Shares on issue (3 Feb 2022) 1,894M 0.300 250 Listed Options (3 Feb 2022) 148M Volume (Million Shares) Share Price (A$/share) 0.250 200 Performance rights (3 Feb 2022) 6M 0.200 150 Sh
Slide 26: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only q POSCO: Non-binding MOU with POSCO for the purchase of 20,000tpa to 30,000tpa of PSG. q This potentially represents up to 100% o
Slide 27: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only q Minguang: First stage product qualification achieved with Chinese anode company Minguang as part of non-binding PSG Off
Slide 28: Siviour Mineral Resources and Ore Reserves
Siviour Mineral Resources and Ore Reserves For personal use only Mineral Resource Estimate (April 2019)1 Category Tonnes (Mt) Grade (% TGC) Graphite (Mt) Measured 15.8 8.8% 1.4 Indicated 39.5 7.2% 2.8 Inferred 32.1 7.2% 2.6 Total 87.4 7.5% 6.6 Ore Reserve Estimate (July 2020)2 Category Tonnes (Mt) G
Slide 29: Forward Looking Statements
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
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