Cadoux Limited · ASX:CCM
Cadoux — FYI Resources — Mines and Money & IMARC Conference Sydney 2023
19 slides from Cadoux's conference presentation, Nov 2, 2023
Slide 1: Mines and Money & IMARC Conference Sydney
Mines and Money & IMARC Conference Sydney October 31st – November 2nd 2023 Innovation for a Sustainable Future ASX:FYI FSE:SDL OTC:FYIRF
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT This presentation is for information purposes only. Neither this presentation nor the information Such forward-looking statements are provided as a general guide only and should not be relied on contained in it constitutes an offer, invitation, solicitation or recommendation in
Slide 3: Competent Person's Statement
COMPETENT PERSON’S STATEMENT Ore Reserves Metallurgy The information in this report that relates to Ore Reserves is based on information compiled by Mr. Steve The information in this report that relates to metallurgy and metallurgical test work is based on information Craig, who is a Fellow of the A
Slide 4: Very simple and straightforward objective
Very simple and straightforward objective • FYI’s ambitions are to become a globally significant producer of high-quality critical minerals for use in the rapidly developing electric vehicles market and various high-tech applications • FYI’s objective is to deliver into the long-term value drivers f
Slide 5: FYI is developing two compelling critical minerals projects
FYI is developing two compelling critical minerals projects HIGH PURITY ALUMINA RARE EARTH AND MINERAL SANDS • HPA market is not well understood (no spot market) • Downstream rare earth production opportunity • Used in multiple consumer applications • Raw materials for the manufacturing of permanent
Slide 6: HPA and Rare Earths are enablers of many green technologies
HPA and Rare Earths are enablers of many green technologies RARE EARTHS HIGH PURITY ALUMINA WIND TURBINES High Performance offshore wind turbines use SEMI CONDUCTOR WAFER approximately 200Kg NdPr/MW installed power SMART PHONE AERONAUTICS MEDICINES COMPONENTS catalytic converters, sensors, actuators
Slide 7: Project development
2023 2024 Engineering design Preliminary design (June to November) completion SSP Final design Early procurement On-going product Phases 1 & 2 Site selection development Finalise Phase 1 Financial Finalise Phase 2 decision Site permitting SSP approvals SSP HPA (SSP) Shareholder Project development V
Slide 8: HPA
FYI - HPA
Slide 9: Navigating growth options
Navigating growth options • HPA volumes forecast to grow 300% in 5 years Batteries & E-Mobility Sapphire Glass & Ceramics from ~35,000t in 2023 to over 100,000tpa in 2028# • Carbon reduction and reduced global Established LED & emissions, e-mobility are driving demand Market Development Consumables
Slide 10: Global HPA markets are growing rapidly requiring high quality and reputable supply
Global HPA markets are growing rapidly requiring high quality and reputable supply • HPA growth has been invigorated in response to global Forecast global HPA demand forecast (tpa )* investment in EV’s as post COVID19 and critical minerals Mid-term – Market balance LED demand stimulus incentives ach
Slide 11: NPV Summary (Post Tax)
NPV SUMMARY (POST TAX) US$1,014m 55% US$186m US$131m AFTER-TAX NPV (@ 8%) IRR 25 YEAR AVG ANNUAL EBITDA NET CASH FLOW PER ANNUM 25 YEARS HPA CASH COST US$202m 3.2 YEAR US$6,661 DCF PROJECT FORECAST PROJECT CAPITAL PAYBACK PER TONNE PRODUCTION CAPEX ESTIMATE 10,000 tpa HPA production US$26,400/t HPA
Slide 12: Project value increase pathway has been demonstrated
Project value increase pathway has been demonstrated* NPV 8% Project Value US$1.01b* Commercial Production Plant Small-Scale Production / Demonstration (SSP) 4 Demonstrated HPA quality and Pilot Plant 1 purity. Market validated 3 2 Prove commercial production. Continue ongoing qualification 2 3 HPA
Slide 13: Rare Earth
FY! - RARE EARTH Rare Earth
Slide 14: Minhub Outline Summary
Ideal Darwin port Downstream business location - access model with clear to Asian markets commercial MINHUB OUTLINE SUMMARY advantages 1. FYI to acquire Minhub Operations Pty Ltd (MOPL). MOPL is Manager of the Minhub Project (Minhub) Australian/NT Growing demand 2. MOPL aims to develop, construct, a
Slide 15: Minhub collaboration and downstream model
INTERNATIONAL MARKETS 2. Mineral 3. Rare earths 1. Collaboration Separation Downstream Minhub Project Minhub Operations Pty Ltd Zircon, Rare Earth minerals • Minhub collaborates with • Minhub Project jointly • Arafura has first right to Mineral Sands developers funded by FYI and Arafura offtake mona
Slide 16: Integration With Nolans Project
Integration With Nolans Project The Minhub Project will be co-owned by Arafura will own and operate Arafura & Minhub jointly FYI & Arafura and managed by MOPL the Nolans Rare Earths Project investigating HRE downstream MOPL will collaborate with 50:50 emerging rare earth rich mineral sands projects
Slide 17: FYI is a member of the United Nations Global Compact (UNGC)
FYI is a member of the United Nations Global Compact (UNGC) “My decision to grant Major Project status is based on the opportunity your project offers to contribute to the growth of the clean energy sector in Australia.” Federal Minister for Industry, Science, Energy and Resources 17
Slide 18: FYI is working towards realising vast project value
FYI is working towards realising vast project value FYI’s is developing critical minerals projects with the core focus on HPA The HPA project metrics and market outlook is compelling. Minhub Feasibility Study due June Quarter 2024 The Minhub project is a significant opportunity to enter the downstre
Slide 19: For further information please contact
ASX:FYI FOR FURTHER DETAILS PLEASE CONTACT: ASX:FYI FOR FURTHER INFORMATION PLEASE CONTACT Roland Hill Managing Director info@fyiresources.com.au Unit 2, 49 Ord Street, West Perth WA 6005 www.fyiresources.com.au ASX:FYI
FYI Resources — Mines and Money & IMARC Conference Sydney 2023 on 6ix