Slide 1: Clean Energy Minerals in Africa – Investor Presentation
For personal use only CLEAN ENERGY MINERALS IN AFRICA INVESTOR PRESENTATION ASX: NGX | ABN: 35 649 545 068 AUGUST 2024
Slide 2: Disclosure & Disclaimer
Disclosure & Disclaimer AUTHORISATION STATEMENT This presentation has been authorised for release by the Company’s Executive Director, Matt Syme. DISCLAIMER NOTICE This presentation has been prepared as a summary only and does not contain all information on NGX Limited’s (NGX) assets and liabilities
Slide 3: A Leading African Clean Energy Minerals Explorer & Developer
A LEADING AFRICAN CLEAN ENERGY MINERALS EXPLORER & DEVELOPER For personal use only Focus on clean energy minerals that are critical to decarbonising the globe – natural graphite for lithium-ion batteries & uranium for nuclear fuel High-quality assets located in premier locations that are amenable to
Slide 4: Sustainable Natural Graphite Explorer & Developer, Central Malawi
SUSTAINABLE NATURAL GRAPHITE EXPLORER & DEVELOPER CENTRAL MALAWI For personal use only Malawi NGX is the most sustainable choice for natural graphite utilising the advantages of saprolite; free-dig mining and simpler processing resulting in significant energy, cost and environmental benefits NANZEKA
Slide 5: Uranium Exploration in Namibia – The Premier African Jurisdiction
URANIUM EXPLORATION IN NAMIBIA – THE PREMIER AFRICAN JURISDICTION For personal use only Two highly prospective earn-in JVs in the Damara belt of Namibia, one of the world’s best known uranium districts Namibia is the world’s third largest uranium producer with operating uranium mines for +48 years A
Slide 6: Management with Track Record of Success
Management with Track Record of Success Experienced management team with a very successful track record Capital Structure 1 in African exploration, including energy minerals ASX Ticker NGX For personal use only Ian Middlemas • Highly respected Chairman of several listed companies in the resources Sh
Slide 7: Namibia Uranium
For personal use only NAMIBIA URANIUM 7
Slide 8: Two projects in Namibia, one of the world's best-known uranium districts
Two projects in Namibia, one of the world’s best-known uranium districts For personal use only • The Damara uranium belt of Namibia is one of the world’s best known uranium districts • Major uranium operations nearby including: o CNNC’s Rossing mine o CNG’s Husab mine o Paladin’s Langer Heinrich min
Slide 9: Tubusis – underexplored prospective uranium ground
Tubusis – underexplored prospective uranium ground For personal use only • Tubusis (EPL9629) is located north-east of Swakopmund in under explored region of TARGET the Damara belt AREA • 113km2 ground package with potential to expand TUBUSIS OUT-CROP • Intention to grant recently received with Envir
Slide 10: Channelling confirmed high-grade uranium potential
Channelling confirmed high-grade uranium potential • Uranium grades from surface +4,500ppm U3O8 For personal use only • Multiple sections of +10m at over 200ppm U3O8 Drone photo of the Tubusis outcrop from a recent site visit 10 Source: NGX’s ASX Announcement titled ‘Widespread Uranium Confirmed Acr
Slide 11: Rossingburg – in the heart of Namibia's uranium operating hub
Rossingburg – in the heart of Namibia’s uranium operating hub For personal use only • Rossingburg (EPL9921 application) is located in the main uranium production hub of the central Damara uranium belt, between the Rossing uranium mine and Etango uranium project • 15km from Rossing and Husab Mines an
Slide 12: Known widespread uranium mineralisation
Known widespread uranium mineralisation For personal use only 12
Slide 13: Malawi Graphite
For personal use only MALAWI GRAPHITE 13
Slide 14: Malingunde – a unique natural graphite project
Malingunde – a unique natural graphite project Malingunde is a unique, high-quality development project aiming to produce premium quality natural graphite with substantial environmental and cost advantages For personal use only • World’s largest saprolite dominant project 1 • Operation extracting pr
Slide 15: Saprolite Advantage – free-dig ore
Saprolite Advantage – free-dig ore Malingunde is hosted in saprolite, a soft, friable material enabling free-dig mining which results in significant environmental and cost advantages compared to hard-rock peers For personal use only NGX - SOFT SAPROLITE (CLAY) MATERIAL PEERS – HARD ROCK MATERIAL 15
Slide 16: PFS highlighted a scalable operation with low capital and operating costs
PFS highlighted a scalable operation with low capital and operating costs For personal use only LOW COST WITH HIGHLY SCALABLE COMPELLING INFRASTRUCTURE Modest initial thoughtput ECONOMICS 600,000tpa Capital to first production with optionality to scale Operation-ready High-grade reserve US$70.4m inf
Slide 17: Malingunde – world's largest graphite saprolite deposit
Malingunde – world’s largest graphite saprolite deposit For personal use only Malingunde – Mineral Resource Estimate (4% TGC cut-off) • Soft-saprolite hosted graphite deposits are highly sought after as they have distinct operating and capital cost advantages over hard-rock Tonnes Grade Contained Gr
Slide 18: High-quality feedstock able to supply the expanding Lithium-ion battery sector
High-quality feedstock able to supply the expanding Lithium-ion battery sector NGX has successfully produced Spheronised Purified Graphite (SPG) for Active Anode Material For personal use only (AAM) samples for initial end-user qualification UPSTREAM DOWNSTREAM MALINGUNDE AAM PROCESS Mining Concentr
Slide 19: Bulk testwork shows Malingunde graphite meets benchmark specifications
Bulk testwork has demonstrated Malingunde graphite meets benchmark specifications for Li-ion battery anodes, even before process optimisation For personal use only Malingunde Purity 99.9995% NGX Benchmark Parameter Measure Graphite in a Li-ION battery result value requires high purity (>99.95% TGC)
Slide 20: Led by the highest standards of ESG, driven by sustainability
Led by the highest standards of ESG, driven by sustainability ENGAGEMENT Clear, transparent and strong engagement with the Government of Malawi and Namibia, regulatory bodies, local authorities and communities For personal use only INCLUSION & DIVERSITY SOCIAL RESPONSIBILITY Promote and engage in Wo
Slide 21: Two Premier African Jurisdictions
Two Premier African Jurisdictions NAMIBIA MALAWI For personal use only Namibia a strong supporter of uranium mining with uranium mining Malawi is a stable, transparent jurisdiction encouraging foreign produced since 1976 under a stable regulation regime investment and targeting growth in their minin
Slide 22: Appendices
For personal use only APPENDICES 22
Slide 23: Malingunde PFS Outcomes
Malingunde PFS Outcomes PHYSICAL CAPEX For personal use only Average annual plant throughput tpa 600,000 Development Capital $USm 50.1 Average annual concentrate production tpa 52,000 Indirect & contingency $USm 20.3 LoM average feed grade % TGC 9.5% Mine life Years 16 Total Capital $USm 70.4 FINANC
Slide 24: Detailed Mineral Resource Statement
Detailed Mineral Resource Statement For personal use only Malingunde – Mineral Resource Estimate (4% TGC cut-off) Duwi – Mineral Resource Estimate (4% TGC cut-off) Tonnes Grade Contained Graphite Tonnes Grade Contained Graphite (Mt) (%C) (Mt) (Mt) (%C) (Mt) Measured 4.8 8.5% 0.4 Measured - - - Indic
Slide 25: Thank you.
Thank you. For personal use only Contact: Matt Syme – Executive Director +61 8 9322 6322 info@ngxlimited.com http://ngxlimited.com