Australian Strategic Materials Ltd · ASX:ASM
Australian Strategic Materials — Minerals Sands Conference 2024
16 slides from Australian Strategic Materials's conference presentation, Mar 20, 2024
Slide 1: An alternative supply chain for the clean energy transition
An alternative supply chain for the clean energy transition Rowena Smith Managing Director & CEO Rare Earths. 20 March 2024 Critical Minerals. High-tech Metals.
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement Forward Looking Statements This presentation contains certain statements which constitute “forward looking statements”. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as “may”, “will”, “
Slide 3: ASM
ASM Building a global rare earths & critical minerals business to provide the high-tech metals needed to solve the challenges of today and the future. © 2022 p. 3
Slide 4: From mine to metals
From mine to metals DUBBO PROJECT KOREAN METALS PLANT QUO Mining A (| Separating Metallising nh and Refining we “ Products Cs Products Bs Metal oxides and CAC High-tech metals mixed chlorides CALA) and alloys Shipped to Korean Metals Plant Shipped direct to » and global customers ») global customers
Slide 5: Corporate profile
Corporate profile Board of Directors Ordinary Shares (m) 166.8 Share Price AUD 1.02 Market Capitalisation AUD 180.9m 52 week low/high AUD 0.93 - 2.25 Ian Gandel Rowena Smith Gavin Smith Nic Earner Kerry Gleeson Non-Executive Chair Managing Director Non-Executive Director Non-Executive Director Non-E
Slide 6: Korean Metals Plant
Korean Metals Plant Providing an alternative integrated supply chain for high-tech metals. © 2024 p. 6
Slide 7: In production & ramping up
In production & ramping up Growing customer base NdPr metal sales to Korea NdFeB alloy sales USA Securing raw materials Production ramp-up Collaboration to Initially towards 600tpa strengthen supply chain Phase 2 expansion to 3,600tpa1 ISO 45001, 9001 & 14001 Metallisation technology Developing inno
Slide 8: Dubbo Project
Dubbo Project A unique ore body positioned to meet global demand. Nd Pr Tb Dy Zr Hf Hafnium Nb Niobium Neodymium Praseodymium Terbium Dysprosium Zirconium
Slide 9: A secure, sustainable source
A secure, sustainable source • 20-year life of mine based on reserves Long life of mine • Further 50 years of resource • 25kms from Dubbo, NSW Tier 1 jurisdiction • Close to established infrastructure • Within the Central-West Orana Renewable Energy Zone • All major approvals in place Construction r
Slide 10: Delivering strong financials
Delivering strong financials Revenue1 23.5% AUD 840m Pre-tax IRR > 60% margin2 AUD 2,361 million 44% Forecast pre-tax NPV Rare Earths Zirconium Hafnium Opex AUD 425 million Niobium AUD 287m Annual free cash flow3 33% 4% AUD 1,678 million 34% 19% Capital cost estimate including contingency 1Refer: AS
Slide 11: Major milestones & targets
Major milestones & targets Delivered in 2023 Focus for 2024 2021-2022 • Progress EPC Definition & • Completed Phase 1 of EPC • 200m Letter of Support Definition (HEC) NPI study work from Export Finance Australia • $6.5m grant funding from • Continue early • Finalised Optimisation Australian governme
Slide 12: Global support for an alternative supply chain
Global support for an alternative supply chain Australia Critical Minerals Facility National Reconstruction Fund Export Credit Agencies Australia, US, Korea, Canada, EU United States Inflation Reduction Act Defense Production Act Title III © 2024 p. 12
Slide 13: Sustainability
Sustainability ASM wants to leave a legacy that delivers enduring benefits to the communities and regions where it operates. © 2022 p. 13
Slide 14: ESG credentials
ESG credentials Environmental Social Top 10% best Targeting carbon net zero by 2050 performing & developing our pathway diversified metals-mining Developing innovative low emission technology & businesses commitment to offset carbon production at KMP Indigenous engagement protecting cultural heritag
Slide 15: ASM – mine to metals
ASM – mine to metals Building an alternative supply chain Producing high-tech metals & alloys Dubbo Project construction ready Strong ESG credentials Experienced Management & Board © 2023 p. 15
Slide 16: Thank you
Thank you asm-au.com Rare Earths. Critical Minerals. High-tech Metals.
Australian Strategic Materials — Minerals Sands Conference 2024 on 6ix