Beowulf Mining Plc · LSE:BEM

Beowulf Mining — Investor Presentation (June 2022)

27 slides from Beowulf Mining's investor presentation, June 2022

  1. Slide 1: Delivering Raw Materials Critical for the Transition to a Green Economy

    Delivering Raw Materials Critical for the Transition to a Green Economy June 2022 Presentation title | 01

  2. Slide 2: Disclaimer

    Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by Beowulf By their nature, forward-looking statements involve risks and uncertainties because they relate to events Mining Plc (the “Company”). It has not been fully verified and is subject to mate

  3. Slide 3: Contents

    Contents 03 About the Company 07 Iron Ore - Kallak / Sweden 13 Anode Production & Natural Flake Graphite - Grafintec / Finland 17 Base & Precious Metals - Vardar Minerals / Kosovo 21 Investment Case 22 Contacts 23 Appendices Contents 02

  4. Slide 4: Our Purpose

    Our Purpose To be a responsible and innovative company that creates value for our shareholders, wider society and the environment, through sustainably producing the raw materials critical for the transition to a Green Economy and to addressing the Climate Emergency. • Showing respect to all • Kunnio

  5. Slide 5: Three Business Areas

    Three Business Areas Primary Raw Materials needed to address the Climate Emergency An asset portfolio diversified by commodity, geography and the development stage of its various projects, focused on the metals required to facilitate the transition to a Green Economy High-quality iron ore – One of S

  6. Slide 6: Why these Metals are Critical

    Why these Metals are Critical Sustainable, transparent and secure supply chains The Climate Emergency demands immediate action. Society needs more raw materials from primary sources to enable its transition to a Green Economy. The EU is intending to tackle the Climate Emergency through its policies

  7. Slide 7: ESG

    ESG Sustainability and Innovation In its structure and systems, the Company is focused on four pillars in the construction of a sustainable organisation: 1. Corporate Governance; 2. Stakeholder Engagement; 3. Having a Long-term Time Horizon; and 4. Transparency and Accountability in our actions and

  8. Slide 8: High-grade Iron Ore for Fossil-Free Steelmaking

    High-grade Iron Ore for Fossil-Free Steelmaking Kallak / Sweden 07

  9. Slide 9: High-Grade Iron Ore

    High-Grade Iron Ore Increasing demand and the elimination of CO2 emissions from steelmaking • High-grade iron ores of over 65 per cent iron are expected to significantly outperform lower grade ores as the transition to green steel production is ramped up in Europe and China. • A 68 per cent iron con

  10. Slide 10: Kallak Iron Ore Project

    Kallak Iron Ore Project Future sustainable producer of high-grade iron concentrate to Swedish and European customers • Discovered by the SGU in the 1940s Section • First Exploration Permit awarded in 2006 • Designated an Area of National Interest by SGU in February 2013 • Drilling at Kallak North an

  11. Slide 11: Kallak: 3-4 years from production (2026)

    Kallak: 3-4 years from production (2026) The road ahead - Providing fossil-free iron concentrate into a growing market • Market Leading 71.5 per cent iron magnetite Market Leading concentrate with low levels of impurities. • Next best magnetite product on the market is LKAB's, which produces magneti

  12. Slide 12: Kallak North 'Only'

    Kallak North ‘Only’ Upside - 389 million tonnes of iron mineralisation defined in the Kallak area Iron Ore Concentrate Production • In 2021, the Company completed a concept Mining Study for Kallak 3,000,000 North showing that the mine could produce approximately 2.7 Mtpa 2,500,000 of concentrate (pr

  13. Slide 13: Kallak: Environment and Society

    Kallak: Environment and Society Partnership and Collaboration Environment • Sweden is a leader in sustainable mining. • Primary raw material production from mines is critical to ensuring secure supply chains, and the metals needed for the transition to a Green Economy. • Kallak is in the right place

  14. Slide 14: One of Europe's first Anode Materials Projects

    One of Europe’s first Anode Materials Projects Grafintec / Finland 13

  15. Slide 15: Lithium-ion Batteries

    Lithium-ion Batteries Regional, sustainable and secure supply chains, coupled with strategic manufacturing capability • Grafintec’s objective is be a European leader in the sustainable supply of anode material for lithium-ion battery manufacturing. • 100 per cent owned by Beowulf, Grafintec has take

  16. Slide 16: Grafintec

    Grafintec To be a European leader in the sustainable supply of anode material Anode Materials • Heads of Terms for a Joint Venture signed with Epsilon Advanced Materials. Production • Joint plans to establish anode materials production in the GigaVassa GVA10/50 area. Built in two phases, phase 1; “G

  17. Slide 17: Batteries from Finland

    Batteries from Finland Supported by Finnish and European Funding Grafintec is a recipient of Business Finland funding, which supports the development of anode material production within the Finnish battery cluster BATCircle • The development of a Finland-based Circular Ecosystem of Battery Metals. •

  18. Slide 18: Potential Regional Supplier of Metals for the European transition to a Green Economy

    Potential Regional Supplier of Metals for the European transition to a Green Economy Vardar Minerals / Kosovo 17

  19. Slide 19: State-of-the Art Exploration in the Tethyan Belt

    State-of-the Art Exploration in the Tethyan Belt Sustainable, transparent and secure base metals supply • The Tethyan Belt of south-east Europe can be regarded as the region’s chief copper-gold (lead-zinc-silver) province. • Beowulf has invested approximately £3.1 million and owns 59.5 per cent of V

  20. Slide 20: Mitrovica Project

    Mitrovica Project Building the picture – A large porphyry style mineralised system • Immediately west and northwest of the world-class Stan Terg lead-zinc-silver mine • Licence includes numerous base and Wolf Mountain : Pb-Zn-Ag precious metal soil sampling anomalies, gossans and extensive alteratio

  21. Slide 21: What Vardar gives Beowulf

    What Vardar gives Beowulf Base and precious metals exposure at the right address • In 2018, Beowulf invested in a highly experienced and technically competent team, which has gone on to deliver multiple compelling exploration targets for drilling at both Mitrovica and Viti projects. • Objective is t

  22. Slide 22: Delivering Raw Materials Critical for the Transition to a Green Economy

    Delivering Raw Materials Critical for the Transition to a Green Economy Commitment to ESG, Building an offer of Exposure to a Focus on collaboration Experienced sustainability, sustainable, diversified portfolio of to move downstream management team innovation, and transparent and essential metals a

  23. Slide 23: Contacts

    Contacts Kurt Budge Chief Executive Officer kurt.budge@beowulfmining.com https://beowulfmining.com Contacts 22

  24. Slide 24: Appendices

    Appendices Appendices 23

  25. Slide 25: Corporate Overview (3 June 2022)

    Corporate Overview (3 June 2022) Share price Share price Market cap Ticker Shares in issue/SDR’s 5.5p / 0.619 SEK £45.7 m/ SEK 514.8 million BEM/BEO 831,710,636 / 636,028,706* *31 March 2022 Appendices 24

  26. Slide 26: Board and Management

    Board and Management Sven Otto Littorin Christopher Davies BSc in Economics and Business MSc DIC in Mineral Exploration FAusIMM Non-Executive Chairman Non-Executive Director Former politician and Sweden's Minister for Employment Fellow of the Australasian Institute of Mining and Metallurgy, Chris is

  27. Slide 27: Beowulf Mining plc

    6) BEOWULF MINING plc

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