Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Collerina Cobalt — Investor Presentation (March 2018)
28 slides from Alpha Hpa's investor presentation, Mar 5, 2018
Slide 1: Collerina Cobalt Ltd: Mining the Metals of the Future
COLLERINA COBALT LTD (ASX:CLL) MINING THE METALS OF THE FUTURE
Slide 2: Disclaimer
01 © Disclaimer COLLERINA This presentation has been prepared by Collerina Cobalt Limited (ABN 79 106 879 690) (“CLL’ or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation
Slide 3: Investment Highlights
02 Investment Highlights A unique HPA-nickel-cobalt project favourably located in one of Australia’s most prolific mining jurisdictions Proximal to CleanTeq’s Sunrise and Australian Mines’ Flemington projects Proprietary processing technology capable of delivering strong economics Exclusive IP appli
Slide 4: Corporate snapshot
02 Corporate snapshot TRADING INFORMATION ASX CODE CLL Share Price (1-Mar-18) 15.5¢ 52 week trading range 1.0c — 18.0c Issued Shares 508.3M Unlisted options (@2c) 8.0M (expiring 21 October 2018) Unlisted Options (@10c) 30.0M (expiry 31 October 2019) Market Cap (fully diluted) $84.6M Cash (1-Mar-18)
Slide 5: Corporate snapshot: shareholders and recent highlights
02 @ Corporate snapshot COLLERINA SUBSTANTIAL SHAREHOLDERS PT Rajawali Corpora Permgold Pty Ltd (N Seckold)’ Budworth Capital Pty Ltd BT Portfolio Service Limited TOP 20 SHAREHOLDERS RECENT { ® y HIGHLIGHTS 99.99% HPA © Successful Successful Recovery 4N (99.99%) Purity Successful Production $3.5M So
Slide 6: Board & Management
03 Board & Management W Norman Seckold Chairman 30+ years in the full time management of natural resource companies. Past Chairman and Director of listed companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Minerals NL, Palmarejo Silver and Gold Co
Slide 7: Collerina Project
04 Collerina Project The Collerina Project area (EL 6336 & ELA 5506) covers ~224km2 Drilling has defined discrete zones of high grade Co up to 0.70% Co over 4m including 1.02% Co over 2m Mineralisation lies between surface and ~60m. Deposit remains open at depth and along strike Unique serpentinite
Slide 8: Collerina Project location
04 q Collerina Project 0 Kilometres 200 e Cobar @ e a ~q Located in Australia’s ef New som Wales tech metals basin ° *) A com A Premier Address e © s, Copper, zinc, gold, silver and scandium 6 -M 3 projects/mines including NorthParkes (Cu-Au) and e ; ~ rane Cadia (Cu-Au). wy roney Established mining
Slide 9: High Purity Alumina (HPA) and Demand Outlook
05 © High Purity Alumina (HPA) HPA Demand Outlook (2016-2024) COLLERINA 100 4N fy SN&EN LA 2, = IN HI HPAis the pure form of aluminium oxide (Al,0.) HPA is the pre-cursor material for the manufacture of sapphire glass I ts value derives from its physical properties of extreme hardness & 2016 2017, 2
Slide 10: Demand for HPA — Sectors
06 Demand for HPA — Sectors Demand for HPA is primarily being driven by the increasing adoption of LED (Light Emitting Diode) products, separators in lithium ion batteries and scratch resistant artificial sapphire glass for smartphone screens and watches 4N HPA CONSUMPTION BY APPLICATION (2016) Grow
Slide 11: Demand for HPA — Regions
06 Demand for HPA — Regions Demand for HPA is primarily being driven by the increasing adoption of LED (Light Emitting Diode) products, separators in lithium ion batteries and scratch resistant artificial sapphire glass for smartphone screens and watches HPA DEMAND BY GEOGRAPHIC REGION (2016) Growth
Slide 12: Supply of HPA
07 Supply of HPA Sumitomo Chemicals Hebei Pengda New Material Japan South Korea 17% Sasol Vir 9% Zibo Xinfumeng Chemicals Hh Gina Balkowsk depan Xuan Cheng Jing Rui [ETE 4% BB North America Nippon Light Metal {1 4% South Korea Dalin Hiland Photoelectric France HMR Co Russia GLOBAL HPA SUPPLY DISTRIB
Slide 13: Peer Comparison - HPA Players
08 © Peer Comparison - HPA Players COLLERINA CLL plans to distinguish itself from its peers by producing 4N HPA from Laterite Ore G . aa. ‘iat Cova umd f yl HILL END GOLD LIMITED Orbite® FEEDSTOCK ERITE ORE KAOLIN KAOLIN KAOLIN KAOLIN Targeted Products 4N HPA 4N HPA rv] 4N HPA 4N HPA rv] 4N HPA rv)
Slide 14: A unique product offering
09 © A unique product offering COLLERINA Deposit geology and exclusive process flowsheet IP uniquely positions CLL for the production of multiple high value revenue products of HPA + nickel & cobalt + scandium oxide © NI-CO-SC PLAYERS COLLERINA ASX :ARL HPA PLAYERS ASX: ATC IN ASX: FYI Cobalt Limite
Slide 15: Peer Comparison - Nickel/Cobalt Players
10 ‘en Peer Comparison - Nickel/Cobalt Players COLLERINA © A am wiht CLEAN Cobalt Resources Limited EAAERED: PROJECT(S) COLLERINA KNP/COBALT ZONE SCONVFLEMINGTON CLEAN TEQ SUNRISE Ni/Co sulphate or MHP, Ni/Co Sulphate Ni/Co Sulphate Ni/Co Sulphate Targeted Products Scandium oxide + HPA Scandium Oxid
Slide 16: Metallurgical testwork — process flowsheet
11 Metallurgical testwork — process flowsheet CLL’s process flowsheet utilises a series of proprietary processes capable of delivering several high-end specialty product streams Aluminium Process ~10ktpa CCAL —_———_> > Proprietary BUSS Zoi Aluminium & RECOVERIES J coat Sear AN66.3% Solvent Extractio
Slide 17: Nickel-Cobalt Sulphates are in hot demand
12 Nickel-Cobalt Sulphates are in hot demand Cobalt © Nickel Lithium li Manganese Aluminium NMC NCA LiNiMnCo0,, LiNiMnAlO,, Apple iPhone Tesla Powerwall Tesla Model S
Slide 18: Indicative timetable
13 @ Indicative timetable GOLLERINA Jan Feb Mar Apr Jun Jul-Aug Sep Mar Apr May EASIBILITY STUDY RK Generation of Pregnant Leach Solution (PLS) Partial N utralisation and Mini-Rig Program” HPA Production Ni-Mn-Co-Sc Production Open Pit Optimisation and mine scheduling Process Design Mechanical & Ele
Slide 19: Collerina Cobalt — The value proposition
14 © Collerina Cobalt — The value proposition SouLRING QOOOOO Unique deposit geology Licensed proprietary Anticipated modest capex —_ Highly experienced Board Numerous milestones to highly amenable to processing technology to and high operating margins and management team _drive shareholder value ov
Slide 20: Contact details
Norman Seckold (@) Chairman — , COLLERINA nseckold@collerinacobalt.com.au Cobalt Limited Justin Werner Managing Director jwerner@collerinacobalt.com.au Rimas Kairaitis Technical Director rkairaitis@collerinacobalt.com.au Peter Nightingale Director/Chief Financial Officer nightingale@collerinacobalt.
Slide 21: Mining the Metals of the Future
M I N I N G T H E M E TA L S O F T H E F U T U R E
Slide 22: Li-Bs are driving nickel - cobalt demand
01 appendices Li-Bs are driving nickel - cobalt demand Cobalt is a critical component in the cathode of rechargeable lithium-ion batteries (Li-B’s), playing an important role in improving battery life, energy density and stability of world cobalt demand comes from the of all batteries are expected t
Slide 23: Li-Bs are driving nickel - cobalt demand (cobalt demand forecast)
01 appendices (er) Li-Bs are driving nickel - cobalt demand COLLERINA Cobalt Limited Annual Global Light Vehicle Sales (Million cars per year) Global demand forecast to |] ICE sales MEV sales increase > 90% to 203kt by 2025 Cobalt Demand (kt) = = = I J = Mass market penetration is still a decade awa
Slide 24: Cobalt - the supply equation
02 appendices Cobalt - the supply equation labour is also bringing increased scrutiny on the sector’s informal mining practices which serve as a threat to continued supply of global production comes Africa from the Democratic Republic of Congo (DRC) of which nearly half is thought to be via artisana
Slide 25: Source: Bloomberg and Canaccord Genuity
Source: Bloomberg and Canaccord Genuity 25
Slide 26: Source: Bloomberg New Energy Finance
Source: Bloomberg New Energy Finance 26
Slide 27: The CCAL / HPA process
05 appendices The CCAL / HPA process CCAL - Stage 1 Ore is leached in a lower concentrate free acid solution producing a pregnant leach solution (PLS) with relatively low residual acidity. The leach residue solids from the first Stage are then washed and forwarded to the second stage of leaching. CC
Slide 28: Statement of Compliance
06 appendices G Statementof Compliance COLLERINA Cobalt Information regarding the Mineral Resource at the Collerina project was prepared and first disclosed under the 2004 Edition of the ‘Australasian Code for Reporting of ‘Exploration Results, Mineral Resources and Ore Reserves’. See ASX announceme
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