Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Investor Presentation (October 2018)
25 slides from Pls's investor presentation, Oct 16, 2018
Slide 1: Pilgangoora: discovery to product shipment in under four years
Pilgangoora: discovery to product shipment in under four years For personal use only Corporate Presentation - October 2018 ASX: PLS
Slide 2: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara”) and is dated 16/10/2018. This document is provided for informational purposes and does not constitute or contain an offer, invitation, so
Slide 3: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not Financial Product Advice This document does not constitute financial product advice or take into account your investment objectives, taxation situation, financial situation or needs. This document consists purely of factual information and does n
Slide 4: Corporate overview
Corporate overview Capital structure ASX: PLS For personal use only Current share price1 A$0.79 Shares on issue 1,740 million Options on issue2 55 million Market capitalisation1 A$1.38 billion Cash at bank3 A$91M Top 20 shareholders (as at 29 June 2018) 37% 3 month average daily volume4 ~9.7M shares
Slide 5: What sets us apart
What sets us apart For personal use only LOW COST, LONG LIFE LITHIUM AND TANTALUM PRODUCER HIGH QUALITY PRODUCTS LEADING GLOBAL OFFTAKE PARTNERS COMMITTED TO 100% OF STAGE 1 AND 2 PRODUCTION PILGANGOORA COMMISSIONING IN UNDER 4 YEARS FROM FIRST DRILL HOLE LARGE RESOURCE, RESERVES AND PRODUCTION EXPA
Slide 6: Pilgangoora Lithium-Tantalum Project
Pilgangoora Lithium-Tantalum For personal use only Exploration Project One of the largest spodumene- tantalite resources in the world Construction • 100% ownership • Stage 1, 2Mtpa processing plant • LOM Stage 1 production of 330,000tpa concentrate • Established transport and port infrastructure • P
Slide 7: Pilgangoora - the journey so far
Pilgangoora - the journey so far For personal use only Click here Video to watch the Pilgangoora – Pilgangoora Projectproject timelapse video Development Timeline 7
Slide 8: Production and cash-flow today
Production and cash-flow today…. Flagship Pilgangoora Lithium-Tantalum Project – from For personal use only first drill hole to commissioning in under four years • Long project life • Low cost, high quality product • First concentrate shipped 6.256% lithia and 0.724% Fe2O3 • First tantalite delivery
Slide 9: Process Plant Performance
Process Plant Performance Throughput, actual vs design 350 300 For personal use only 250 200 150 100 50 0 Actual tph Design tph Poly. (Actual tph) Lithia recovery, actual vs design (% lithia) • Outstanding plant 80 70 commissioning and 60 ramp-up in capacity 50 40 30 • Spodumene concentrate 20 10 de
Slide 10: Pilgangoora Site - Production metrics
Pilgangoora Site - Production metrics For personal use only First shipment average grade: • Lithia = 6.223% • Fe2O3 = 0.724% Units Q2 FY18 Q3 FY18 Q4 FY18 Q1 FY19 Ore mined wmt 0 0 344,549 525,559 Waste mined wmt 151,812 1,832,205 2,851,161 1,884,335 Total material mined wmt 151,812 1,832,205 3,195,
Slide 11: Strong offtake partners committed to Stage 1 and 2 production
Strong offtake partners committed to Stage 1 and 2 production For personal use only Major producer of lithium chemicals in China Biggest steel producer in South Korea • Highly experienced with more than 15 years of • Listed on KSX, market cap US$29.5B operational and technical know how • Largest pro
Slide 12: Connected to the entire supply chain
Connected to the entire supply chain For personal use only Chemical Pre-Cursor Converters Cathode Cells & Li Resource EVs Cathode Material Battery Packs Battery Grade Material LiOH / LC * * * 12 *Potential PLS JV partners
Slide 13: With exceptional growth tomorrow
….with exceptional growth tomorrow Pilgangoora Lithium-Tantalum Project – a globally For personal use only significant hard rock lithium resource • Stage 2, 5Mtpa expansion DFS released, 150% increase in production • +100,000 tonnes LCE basis • Positioned to be in the top 3 lithium raw material prod
Slide 14: Stage 2, 5Mtpa expansion
Aerial photograph of current construction progress w/- Stage 2 3D model overlay Stage 2, 5Mtpa expansion For personal use only DFS results and offtake partner confidence support major expansion • Additional 3Mtpa processing circuit to increase processing capacity to 5Mtpa • Average annual production
Slide 15: One of the best lithium raw material projects in the world
One of the best lithium raw material projects in the world - High grade lithium resources For personal use only Low cost - Valuable tantalum bi-product - Project size and processing capacity - Stage 2 5Mtpa, 23 year mine life - Mineral Resource 226Mt grading 1.27% Li2O (spodumene) and 116ppm Ta2O5 L
Slide 16: Click here to watch processing at the Pilgangoora project
For personal use only Click here to watch processing at the Pilgangoora project 16
Slide 17: Additional Information
For personal use only Additional Information 17
Slide 18: Experienced board of directors
Experienced board of directors For personal use only Tony Kiernan Ken Brinsden Nick Cernotta Sally-Anne Layman Steve Scudamore Non-Executive Chairman Managing Director & CEO Non-Executive Director Non-Executive Director Non-Executive Director Highly experienced company Mining engineer with over 25 y
Slide 19: Resources and reserves
Resources and reserves For personal use only JORC Mineral Resource Estimate - September 2018 (using 0.2% Li2O cut off grade) Tonnage Li2O Ta2O5 Li2O Ta2O5 Factored Category (Mt) (%) (ppm) (T) (Mlbs) Fe2O3 (%) Measured 22.8 1.38 145 314,000 7.3 0.44 Indicated 112.8 1.29 119 1,456,000 29.5 0.57 Sub-to
Slide 20: Pilgangoora – a globally significant hard rock lithium resource
Pilgangoora – a globally significant hard rock lithium resource For personal use only 20
Slide 21: Offtake for 100% of stage 1 and 2 of Pilgangoora
Offtake for 100% of stage 1 and 2 of Pilgangoora Pilbara Mining Minerals For personal use only (SC 6.0) Stage 1 Stage 1 = ≈43Ktpa LCE Stage 2 Spodumene 300kt-350ktpa 500kt-550ktpa Production Stage 1+2= >110ktpa LCE 2018 2020 General Ganfeng Ganfeng Lithium Great Wall POSCO Spodumene Lithium Motors 8
Slide 22: Pilgangoora project overview
Pilgangoora project overview For personal use only Plant Commissioned Calindi Camp Monster Pit Central ROM 22
Slide 23: First spodumene concentrate shipment
First spodumene concentrate shipment For personal use only 23
Slide 24: Pilgangoora processing plant
Pilgangoora processing plant For personal use only 24
Slide 25: pilbaraminerals.com.au
For personal use only pilbaraminerals.com.au
Pilbara Minerals — Investor Presentation (October 2018) on 6ix