Latrobe Magnesium Limited · ASX:LMG
Latrobe Magnesium — Melbourne Mining Club March 2022
14 slides from Latrobe Magnesium's conference presentation, Mar 9, 2022
Slide 1: Melbourne Mining Club Presentation March 2022
For personal use only Melbourne Mining Club Presentation March - 2022 David Paterson CEO 1 ASX: LMG
Slide 2: Disclaimer
For personal use only Disclaimer ● This presentation may contain forward looking statements that are subject to risk factors associated with the magnesium business. ● It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables
Slide 3: LMG Capital Structure
LMG Capital Structure Following the completion of two capital raisings in the last quarter of 2021, LMG capital structure is summarized below together with its For personal use only ownership. LMG is an ASX listed public company. LMG Capital Structure Shares on issue 1,599 million 100,000 tpa Market
Slide 4: New Management Team
New Management Team During 2021, LMG recruited 4 new senior managers to its Ownership Team to oversee the developments of its projects. For personal use only Board of Directors Management Team Ronan Gillen – Chief Operating Officer Jock Murray - Non-executive Chairman Over 20 years experience in t
Slide 5: Investment Highlights
Investment Highlights Latrobe Magnesium constructs its 1,000tpa demonstration magnesium project LMG starts design and engineering work on its 1,000tpa demonstration plant in Australia to prove its hydromet technology works. Tendered the spray roaster For personal use only (long lead time item) world
Slide 6: Demonstration Plant Site
Demonstration Plant Site On 7 February 2022, LMG acquired the 320 Tramway Road site for its demonstration plant. It is located in the centre of Victoria’s For personal use only coal power generation precinct, in Hazelwood North, providing direct and constant access to fly ash resource. An 11-hectare
Slide 7: Demonstration Plant Funding
Demonstration Plant Funding LMG has raised sufficient funding to complete the demonstration plant For personal use only • The current capex estimate for the demonstration plant is $39M. LMG has spent some $4M to the end of December 2021 leaving some $35M to be paid. LMG is still working on some area
Slide 8: 10,000tpa Plant Funding
10,000tpa Plant Funding LMG to complete a bankable feasibility study for 10,0000tpa plant For personal use only • The current capex estimate for the 10,000tpa plant is $102M. • LMG has two government agencies interested in providing project funding for the 10,000tpa plant of up to $102M. Current off
Slide 9: 100,000tpa Plant Funding
100,000tpa Plant Funding Latrobe Magnesium Limited (LMG) is seeking a joint venture partner to participate in its $1B project For personal use only • The current estimate for the capex of the 100,000 tpa • The current revenue estimate for the 100,000 tpa plant is $1.01B plant is $915M with working c
Slide 10: LMG's pathway to 110,000 tpa of Magnesium Plus
LMG’s pathway to 110,000 tpa of Magnesium Plus Once the 10,000 tpa demonstration plant is constructed and in production in the middle of 2024 , Latrobe will commence construction on For personal use only its 100,000tpa plant and it expects it to be in production in 2026. 10,000 tpa 100,000 tpa Fly a
Slide 11: Magnesium Market is Set to Double Over Next Decade
Magnesium Market is Set to Double Over Next Decade • Magnesium is a light and strong ‘green metal’ and has the best high strength- For personal use only to-weight ratio of all common structural metals, being 75% lighter than steel and 33% lighter than aluminum & titanium. • In 2020, world Magnesium
Slide 12: Current Magnesium Prices
Current Magnesium Prices The chart below is in Chinese Yuan and for contracts of difference as recorded by Trading Economics. In Sept, 2021 magnesium For personal use only price hit a record high of US$11,200 to fall in Nov to US$4,700 and then a rebound to its current price of US$7,250 per tonne (2
Slide 13: Positioned to Take Advantage of Demand for ESG and EVs
For personal use only Positioned to Take Advantage of Demand for ESG and EVs Magnesium is the lightest, strongest common structural metal LMG is one of the lowest CO2 emitters in the world when it and allows all transport to go faster, quicker and use less fuel, treats fly ash using its acid hydrome
Slide 14: Why invest in the LMG plant
For personal use only Why invest in the LMG plant Magnesium plant provides strong revenue Proprietary Tech Magnesium is a growing market By June 2024, LMG’s 10,000tpa will be LMG’s hydromet technology is unique in With Magnesium demand set to grow over the providing a strong EBITDA of $42M: that it