Sarytogan Graphite Limited · ASX:SGA
Sarytogan Graphite — IPO Roadshow (July 2022)
21 slides from Sarytogan Graphite's IPO roadshow presentation, Jul 18, 2022
Slide 1: Giant Opportunity in Kazakhstan
GIANT OPPORTUNITY IN KAZAKHSTAN 1 8 J U LY 2 0 2 2 AS X L I S TI N G I N V E S TO R R OAD S H O W 1
Slide 2: Disclaimer & Competent Persons' Statement
Disclaimer & Competent Persons’ Statement Important Disclaimer Neither this Presentation nor anything contained in it forms the basis of any contract or commitment and it is not You must read this notice before reading or making any use of this Presentation (defined below) or any information intende
Slide 3: Sustainable Competitive Advantage
Sustainable Competitive Advantage The highest-grade and 2nd largest graphite deposit of ASX peers. Inferred Mineral Resource of 209 Mt @ 28.5% TGC. Graphite is un-substitutable in the rapidly growing battery market. Kazakhstan is an established mining jurisdiction ideally located between the largest
Slide 4: High Grade and Tonnage Versus ASX Peer Projects
High Grade and Tonnage Versus ASX Peer Projects 30% 25% Sarytogan (SGA) Grade (Total Graphitic Carbon) 20% 15% Other ASX listed graphite deposits 10% Balama (SYR) 5% 0% 0 20 40 60 80 100 120 140 160 Resource Size - Contained Graphite (Mt) Resource data is accurate as of 13 July 2022. Source: ASX com
Slide 5: Corporate Overview
Corporate Overview Stephen Penrose Non-Executive Chairman, LLB, J.D., Post IPO Capital Structure Lawyer and Managing Partner of Tottle Partners, specialising in corporate and commercial litigation. Gross Proceeds of Initial Public Offer $8.6M Sean Gregory Managing Director, B.Sc.(Hons), MBA Shares o
Slide 6: Environment Social Governance
Environment Social Governance Our future products will enable the decarbonisation of energy and transportation. We are committed to the highest standards in Environment Social Governance. Natural graphite has a 10x lower CO2 footprint than synthetic graphite 1% of annual geological expenses paid to
Slide 7: Kazakhstan – Mining on the One Belt, One Road
Kazakhstan – Mining on the One Belt, One Road • Mining in Kazakhstan • Similar semi-arid land area to West. Aust. • Mining code based on West. Aust. • 40% of global uranium supply1 • 12th in global mining value1 • 13th largest oil producer1 • Sarytogan is located close to infrastructure on China’s O
Slide 8: Regional Infrastructure Advantages
Regional Infrastructure Advantages 170km by highway to the large industrial city of Karaganda. Access to bitumen road is 6km by dirt road. 68km from nearest railway station. 2km from high-voltage power lines. Sufficient water supply available. 8
Slide 9: Graphite Market Overview
“Our cells should be called Nickel-Graphite, because primarily the cathode is nickel, and the anode side is graphite with silicon oxide” Graphite Market - Elon Musk, CEO Tesla Motors Overview 9
Slide 10: Electric Vehicle Batteries
Electric Vehicle Batteries Graphite is the major and un-substitutable raw material in all EV batteries Cobalt, 8% Cobalt, 14% Cobalt, 17% Manganese, 8% Cobalt, 27% Manganese, 24% Cathode Other, 83% Manganese, 29% Nickel, 68% Nickel, 73% Nickel, 43% Nickel, 29% Lithium, 17% Lithium, 15% Lithium, 16%
Slide 11: China and Europe lead rapid growth in the EV Market
China and Europe lead rapid growth in the EV Market EV’s are driving growth in battery demand Battery Anode Production is accelerating to meet demand Chinese Anode Production (kt) 1200 1000 800 600 1004 400 677 200 371 0 2020 2021 2022f Source: Bloomberg, 2021, Fast Markets May 2022 11
Slide 12: Graphite Uses
Graphite Uses Graphite Uses Market Jumbo Large Medium Small Fine Spherical1 1Requires additional Share2 Size (micron) >300 300-180 180-150 150-75 <75 50-5 processing 2020 Grade (% TC) 94% 94% 94% 94% 80% 99.95% Refractory and 50% Foundry Lithium Ion 30% Batteries Expanded Graphite 8% Carburisation 4
Slide 13: Graphite Pricing Continues to Surge
Graphite Pricing Continues to Surge Source: Fastmarkets May 2022 13
Slide 14: Sarytogan Graphite Project - Mineralisation from Surface
Sarytogan Graphite Project - Mineralisation from Surface 14
Slide 15: Sarytogan Graphite Project – Mineral Resource
Sarytogan Graphite Project – Mineral Resource JORC Inferred Graphite Mineral Resource TGC Cut-Off 15% Tonnes Contained Zone TGC (%) (Mt) Graphite (Mt) North 159 28.8% 46 Central 49 27.5% 14 Total 209 28.5% 60 • Carboniferous graphitic shales enriched by contact metamorphism from intrusion of graniti
Slide 16: Northern Graphite Zone Cross Section
Northern Graphite Zone Cross Section NW SE Variable Graphite Crystals Coarse Graphite Crystals ST-3 @ 16m (above) and ST-1 @ 60m (above) and ST-10 @ 6m (below) Fine Graphite Crystals ST-1 @ 65m (below) • Flake presentation in petrography is highly variable with graphite crystals from 5μm to 5mm obse
Slide 17: Metallurgy & Flake Size Distribution
Metallurgy & Flake Size Distribution Metallurgy • Previous metallurgical work has been limited, however historical results reported in the Prospectus are encouraging: • Flotation and leaching with 5% sulfuric acid solution has obtained 98.6% purity of TGC. • Graphite direct ore processing (without f
Slide 18: 2022 Drilling Now Underway
2022 Drilling Now Underway • 4,000m HQ3 diamond drilling now commenced to meet these objectives: • Infill Central Graphite Zone • Target Mineral Resource upgrade to JORC Indicated classification • Target areas of coarser graphite crystals within and beyond current footprint 2021 Drilling Highlights
Slide 19: Work Program Timetable
Work Program Timetable Apr-22 Jun-22 Aug-22 Oct-22 Dec-22 Feb-23 Apr-23 Jun-23 Infill & Extensional Drilling Mineralogical Analysis Metallurgical Test Work Updated JORC Resource Scoping Study Preliminary Offtake Discussions 19
Slide 20: ASX Graphite Peer Comparison
ASX Graphite Peer Comparison SGA will add value through developing its resources, projects, and products… $600 $60 EV / Cont. Graphite (A$/t) $500 $50 Enterprise Value (A$M) Enterprise Value (A$M) $400 $40 EV/Cont. $300 $30 Graphite (A$/t) $200 $20 $100 $10 $0 $0 BEM TON SGA GW1 IG6 MRC VRC EV1 EGR
Slide 21: Contact Sean Gregory
CONTACT Sean Gregory Managing Director E: admin@sarytogangraphite.com.au W: www.sarytogangraphite.com.au +61 08 9388 8290 21