Australian Vanadium Limited · ASX:AVL
Australian Vanadium — Benchmark World Tour 2019
24 slides from Australian Vanadium's conference presentation, September 2019
Slide 1: Australian Vanadium Limited – Benchmark World Tour
Market Steel Energy About Introduction Overview Market Storage Market The Project Australian Vanadium Limited Benchmark World Tour September 2019 | ASX: AVL ASX: AVL 1
Slide 2: Disclaimer
Market Steel Energy About Introduction Overview Market Storage Market The Project Disclaimer The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, compl
Slide 3: Company Overview
Market Steel Energy About Introduction Overview Market Storage Market The Project Company Overview AVL is a Perth-based mineral exploration company with a focus on vanadium exploration in WA. The Australian Vanadium Project is one of the highest-grade vanadium projects currently being developed in t
Slide 4: Corporate Snapshot
Market Steel Energy About Introduction Overview Market Storage Market The Project Corporate Snapshot Key Statistics (26/06/19) Ordinary shares 1.97b on issue Share price A$0.013 Average Daily 5,516,927 Traded Volume Market cap A$26m (undiluted) Cash ~A$4.4m Shareholders 6,667 Enterprise value A$22m
Slide 5: Experienced Management Team
Market Steel Energy About Introduction Overview Market Storage Market The Project Experienced Management Team Vincent Algar – Managing Director Geologist with over 25 years’ experience in the mining industry spanning underground and open cut mining operations, greenfields exploration, project develo
Slide 6: Vanadium Market Overview
Market Steel Energy About Introduction Overview Market Storage Market The Project Vanadium Market Overview Primary: Steel Accounts for 90% of current M global vanadium consumption. Vanadium Redox Flow Batteries (VRFB) A Vanadium electrolyte is used in VRFBs, where it R Emerging: Energy Storage funct
Slide 7: Vanadium Production
Market Steel Energy About Introduction Overview Market Storage Market The Project Vanadium Production ASX: AVL 7
Slide 8: Production vs Consumption
Market Steel Energy About Introduction Overview Market Storage Market The Project Production vs Consumption Production/consumption in balance in late 2018. Chinese production capacity at limits. 3,000 MTV shortfall in 2018 14% of world production from 3 primary mines (Brazil, South Africa). 60% from
Slide 9: Steel Market
Market Steel Energy About Introduction Overview Market Storage Market The Project Steel Market Primary Market Chinese Rebar Steel is the primary market Chinese rebar consumption is and price driver of vanadium a key metric – new standards – accounting for 90% of require increased vanadium global con
Slide 10: Steel Market
Market Steel Energy About Introduction Overview Market Storage Market The Project Steel Market Vanadium has historically experienced long periods of low prices, followed by periods of high prices – lowest quartile producers are best positioned to survive and benefit. Recent price drop due to niobium
Slide 11: Energy Storage Market
Market Steel Energy About Introduction Overview Market Storage Market The Project Energy Storage Market Emerging Market Energy storage is an emerging market for vanadium, accounting for around 2% of global vanadium consumption. Vanadium in Batteries Vanadium electrolyte is used in vanadium redox flo
Slide 12: Vanadium Redox Flow Batteries
Market Steel Energy About Introduction Overview Market Storage Market The Project Vanadium Redox Flow Batteries Redox Flow Batteries A redox flow battery is made up of two tanks filled with electrolyte fluid – the electrolyte acts as cathode and anode and tank size determines battery capacity. In a
Slide 13: VRFB Characteristics
Market Steel Energy About Introduction Overview Market Storage Market The Project VRFB Characteristics The VRFB is non-flammable, An energy battery, able to making it safer than other store large amounts of batteries on the market. energy for later use V Can charge and discharge R It’s easy to scale
Slide 14: VSUN Energy
Market Steel Energy About Introduction Overview Market Storage Market The Project VSUN Energy About VSUN Energy VSUN Energy is AVL’s fully owned subsidiary. VSUN was launched by AVL in 2016 to drive growth of the VRFB market in Australia. Its first VRFB installation was at a native tree nursery in B
Slide 15: Global VRFB Update
Market Steel Energy About Introduction Overview Market Storage Market The Project Global VRFB Update ASX: AVL 15
Slide 16: VRFB Installations in China
Market Steel Energy About Introduction Overview Market Storage Market The Project VRFB Installations in China A new 5MW/20MWh vanadium redox flow battery project was announced at the vanadium and titanium conference in China, Sept 2019. China committed to significant new VRFB installations in the ne
Slide 17: Leasing Vanadium Electrolyte
Market Steel Energy About Introduction Overview Market Storage Market The Project Leasing Vanadium Electrolyte Vanadium Direct Model In the direct model for leasing vanadium Supplier electrolyte, the vanadium supplier sells the electrolyte directly to the VRFB company. Sells electrolyte to The VRFB
Slide 18: Leasing Vanadium Electrolyte
Market Steel Energy About Introduction Overview Market Storage Market The Project Leasing Vanadium Electrolyte Indirect Model Vanadium The vanadium supplier sells the vanadium electrolyte to a Supplier financial intermediary. The financial intermediary leases Sells electrolyte to financial intermedi
Slide 19: Li-Ion and Hybrid Systems
Market Steel Energy About Introduction Overview Market Storage Market The Project Li-Ion and Hybrid Systems Source: RedT Energy Hybrid Systems A hybrid setup incorporates a VRFB and a Li-ion battery within the same system, for complex energy requirements – the VRFB is used as the ‘workhorse’ while t
Slide 20: The Australian Vanadium Project
Market Steel Energy About Introduction Overview Market Storage Market The Project The Australian Vanadium Project Awarded Major Project Status PFS opex of US$4.15/lb V2O5 in September 2019. with potential to be the world’s lowest cost vanadium producer. Bushveld-type VTM deposit amenable to conventi
Slide 21: The Path Forward
Market Steel Energy About Introduction Overview Market Storage Market The Project The Path Forward The Australian Vanadium Project Completion of PFS/Options Order long lead Studies (±25%) costing ✓ time equipment Commence Commence discussions to Commence work on PFS ✓ obtain financial partnerships c
Slide 22: Contact Us
Market Steel Energy About Introduction Overview Market Storage Market The Project Contact Us Australian Vanadium Limited | ASX: AVL +61 (08) 9321 5594 info@australianvanadium.com.au Level 1, 85 Havelock Street West Perth, Western Australia 6005 www.australianvanadium.com.au ASX: AVL 22
Slide 23: ASX: AVL
Market Steel Energy About Introduction Overview Market Storage Market The Project ASX: AVL 23
Slide 24: ASX: AVL
Market Steel Energy About Introduction Overview Market Storage Market The Project ASX: AVL 24