Australian Vanadium Limited · ASX:AVL
Australian Vanadium — Technology and Low Emission Minerals Conference 2018
20 slides from Australian Vanadium's conference presentation, Nov 14, 2018
Slide 1: The World's Next High Grade Vanadium Mine
For personal use only The World’s Next High Grade Vanadium Mine Technology and Low Emission Minerals Conference November 2018 | ASX: AVL 1
Slide 2: Disclaimer
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, completeness or reliability of the information. For personal use only COMMENT It is com
Slide 3: Cautionary Statements
Cautionary Statements The base case PFS results referred to in this presentation are based on a preliminary technical and economic study of the potential viability of For personal use only developing an open pit mine and standalone vanadium plant to be constructed onsite at Australian Vanadium Limit
Slide 4: Expert Vanadium Team
Expert Vanadium Team For personal use only Vanadium expertise separates AVL from other explorers At Australian Vanadium Ltd our management is committed to fast-track this significant global resource. Our team brings together experts in geoscience, mining, chemical engineering, marketing and corporat
Slide 5: Gabanintha Project
Gabanintha Project For personal use only Globally significant vanadium resource 175.5Mt at 0.77% V₂O₅ Massive high-grade zone 93.6Mt at 1% V₂O₅ PFS base case (± 35%) Capex US$360m Opex US$4.28/lb Feed 900,000 tonnes p/a Mag Con 1.39% V2O5 10,100 tonnes p/a Mine life 17 years At US$20/lb the project
Slide 6: Gabanintha Project
For personal use only Gabanintha Project Vanadium deposit drilled over 11km of AVL controlled strike AVL holds significant ground position for project development 6
Slide 7: Gabanintha Project Planned Infrastructure
For personal use only Gabanintha Project Planned Infrastructure 7
Slide 8: For personal use only
• Consistent geology over For personal use only 11km of AVL controlled strike • Magmatic layered intrusion • Bushveld Complex analogue • Massive magnetite averaging 15-20m in true thickness 8
Slide 9: Vanadium Markets Steel
For personal use only Vanadium Markets Steel
Slide 10: Vanadium Markets - Steel
Vanadium Markets -Steel For personal use only Steel remains the price driver and primary market for vanadium (92% of vanadium consumption) ▪ Key metric is Chinese rebar consumption Steel New standards for Chinese rebar require ▪ increased vanadium use, doubling to rest-of-world standards (implemente
Slide 11: Vanadium V2O5 price history Nov 2002 - Nov 2018
For personal use only (US$/pound V2O5) $- $10.00 $15.00 $20.00 $30.00 $35.00 $40.00 $25.00 $5.00 Nov-02 May-03 Nov-03 May-04 Nov-04 May-05 Nov-05 May-06 Nov-06 May-07 Nov-07 May-08 Nov-08 May-09 Nov-09 May-10 Nov.-10 May-11 Nov 2002 - Nov 2018 Nov-11 inflated to current US$ May-12 Nov-12 May-13 Nov-
Slide 12: Vanadium Markets Energy Storage
For personal use only Vanadium Markets Energy Storage
Slide 13: Vanadium Markets – Energy Storage
Vanadium Markets –Energy Storage For personal use only Unique characteristics of Vanadium Redox Flow Batteries (VRFBs) ▪ VRFBs provide a way to store and re-supply renewable energy. Their very high capacity is ideal for large-scale energy storage applications, unlocking the full potential of renewab
Slide 14: VRFB Manufacturers
For personal use only VRFB Manufacturers 14
Slide 15: Vanadium in electrolyte – Market implications
Vanadium in electrolyte –Market implications V₂O₅ in H₂SO₄ at 1.6 molar 145g/l For personal use only Amount of V₂O₅ used in 1MWh 9.89t Projected global annual energy storage per year 11GWh Estimated VRFB installs @ 10% 1GWh V₂O₅ per year needed to supply VRFB demand 10kt Current annual global produc
Slide 16: Vanadium Market Future
For personal use only Vanadium Market Future Vanadium supply currently in deficit • Current global producers can increase their supply to provide up to half of the supply deficit • Increased demand from VRFB and tightened environmental controls in China mean a change from the previous cycle - new su
Slide 17: Gabanintha Investment Summary
Gabanintha Investment Summary For personal use only Globally significant vanadium resource with a team of experts experienced in the extraction of vanadium using convention processing of vanadium magnetites AVL Share Price History • Significant project with high-grade Measured, $0.080 100,000,000 In
Slide 18: Contact Us
For personal use only Contact Us +61 (08) 9321 5594 info@australianvanadium.com.au Level 1, 85 Havelock Street West Perth, Western Australian 6005 australianvanadium.com.au Australian Vanadium Limited | ASX: AVL
Slide 19: Resource Table
Resource Table For personal use only Material JORC Resource Class Million Tonnes V2O5% Fe% TiO2% SiO2% Al2O3% LOI% High Grade Measured 10.1 1.1 42.7 12.6 10.3 8.0 4.0 Indicated 4.9 1.09 43.3 12.1 10.5 7.8 3.7 Inferred 78.6 0.98 42.4 11.2 11.4 7.6 3.4 Sub Total High Grade 93.6 1.00 42.50 11.4 11.30 7
Slide 20: Production Information
Production Information For personal use only NPV and IRR are reported at various V O pricing assumptions 2 5 Price US$/lb V2O5 Year 1-5 $8/lb $13/lb $13/lb $20/lb Year 6-17 $8/lb $8/lb $13/lb $20/lb NPV8% US$M 191 575 1099 2370 IRR % 0.145 0.336 0.395 0.698 Opex US$/lb 4.28 4.28 4.28 4.28 1. Opex (V
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