Firebird Metals Ltd. · ASX:FRB
Firebird Metals — Investor Presentation (February 2024)
27 slides from Firebird Metals's investor presentation, Feb 12, 2024
Slide 1: Corporate Presentation February 2024
For personal use only CORPORATE PRESENTATION FEBRUARY 2024 ASX:FRB
Slide 2: Disclaimer
DISCLAIMER This presentation contains summary information about Firebird Metals Limited (Firebird) (ABN 24 610 035 535) and is current as of 9th February 2024. The information in this presentation is of a general background and does not purport to be complete. This presentation is not investment or
Slide 3: Cautionary Statement – China Based Battery Grade MnSO4 Scoping Study
CAUTIONARY STATEMENT – CHINA BASED BATTERY GRADE MNSO4 SCOPING STUDY The China-based Manganese Sulphate Scoping Study, announced to the ASX on the 21/11/2023 is a preliminary technical and economic study of the potential viability of the processing of part of the manganese concentrate to be produced
Slide 4: Cautionary Statement – DMS Concentrate Scoping Study
CAUTIONARY STATEMENT- DMS CONCENTRATE SCOPING STUDY The Updated Scoping Study announced to the ASX on 30th August 2024 has been undertaken for the purpose of initial evaluation of a potential development of the Oakover Manganese Project. The Scoping Study is a preliminary technical and economic stud
Slide 5: LMFP Strategy – Right Product, Right Market, Right Location
LMFP STRATEGY – RIGHT PRODUCT, RIGHT MARKET, RIGHT LOCATION For personal use only Manganese is becoming the low-cost strategic battery material solution, either through manganese rich nickel-based batteries (NCM) or manganese phosphate batteries, like Lithium Manganese Iron Phosphate (LMFP) Through
Slide 6: The Firebird Vision
THE FIREBIRD VISION COMPANY VISION For personal use only Become a global leader in the manganese industry by seamlessly combining mining and downstream processing, with a profound dedication to the advancement of Li-ion & Na-ion battery sectors. By harnessing the power of innovation and sustainabili
Slide 7: Delivering on Strategy - Building a Low-Cost Producer
DELIVERING ON STRATEGY - BUILDING A LOW-COST PRODUCER China Research and Development lab, including Pilot Plant design and construction complete – operations underway for production of battery grade MnSO4 For personal use only and Mn3O4 China-based Battery Grade MnSO4 Scoping Study generated excelle
Slide 8: Growing Importance and Use of Manganese in Batteries
For personal use only GROWING IMPORTANCE AND USE OF MANGANESE IN BATTERIES
Slide 9: Manganese Process for Batteries
MANGANESE PROCESS FOR BATTERIES Mn Concentrate Process - A proven metallurgical flow sheet In Australia For personal use only Mining Crushing, Screening, DMS Concentrate Scrubbing In China Value add: MnSO4 Battery Grade Crystallisation Purification Leaching MnSO4 powder Value add : Cathode material
Slide 10: Manganese Uses in Batteries
MANGANESE USES IN BATTERIES Traditional • Manganese has a long history of being a For personal use only Uses cathode material for batteries in the form of Electrolytic Manganese Dioxide (EMD) and in its natural form • Current production market sizes are 482kt in Manganese content (kg) in per battery
Slide 11: LMFP is the Future Cathode for EV Batteries
LMFP IS THE FUTURE CATHODE FOR EV BATTERIES EV manufacturers Using LFMP • Lithium Iron Phosphate (LFP) is the world’s most used Li-ion cathode material for EV batteries • Three critical key considerations for battery manufacturers when assessing and For personal use only developing a cathode mix is
Slide 12: China LMFP Battery Strategy
For personal use only CHINA LMFP BATTERY STRATEGY
Slide 13: Speed to Market – Delivery of the LMFP Battery Strategy
SPEED TO MARKET – DELIVERY OF THE LMFP BATTERY STRATEGY Since announcing the LMFP battery strategy in September 2023, Firebird has achieved rapid progress and delivered several key milestones 2023 SEPTEMBER LMFP battery strategy announced. Established to deliver the next phase of major growth for Fi
Slide 14: Globally Competitive Cost Advantages in China
GLOBALLY COMPETITIVE COST ADVANTAGES IN CHINA • Firebird has developed two major advantages through its LMFP battery strategy: • Company owned impurity removal process that easily meets For personal use only Chinese and European specification standards • Agreement to use 5th generation energy saving
Slide 15: Industry Leading Manganese Team
INDUSTRY LEADING MANGANESE TEAM • Firebird has recruited an industry leading, high-purity manganese team, with a proven track record across the development and operational lifecycle in China For personal use only • Team assembled to ensure Firebird develops into a long- term, low-cost MnSO4 producer
Slide 16: Hunan at the Epicentre of Chinese MnSO4 Demand
HUNAN AT THE EPICENTRE OF CHINESE MNSO4 DEMAND • Key factors for Firebird’s decision on sulphate plant location included proximity to and availability of: • Sulphuric acid, steam and key reagents For personal use only • Customers (within 150km radius of site) • Transportation routes; and • Factory r
Slide 17: Hunan at the Epicentre of Chinese MnSO4 Demand
HUNAN AT THE EPICENTRE OF CHINESE MNSO4 DEMAND For personal use only 17
Slide 18: R&D Lab Complete, Pilot Plant Trials Underway
R&D LAB COMPLETE, PILOT PLANT TRIALS UNDERWAY • Firebird completed construction of the Research and Development Lab in January 2024, ahead of schedule and under budget • Pilot Plant operational and will produce samples of MnSO4 and Mn3O4 for potential customers and offtake parties For personal use o
Slide 19: Platform Set for a Busy First Half 2024
PLATFORM SET FOR A BUSY FIRST HALF 2024 For personal use only Battery Grade Manganese Sulphate Feasibility Study at advanced stage – Completion in Q1 24 Investor and Customer Site Visits - March and May 2024 EPC discussions commenced and ongoing Finance discussions commenced and ongoing Permitting p
Slide 20: Firebird Project Portfolio
For personal use only FIREBIRD PROJECT PORTFOLIO
Slide 21: W.A. Project Portfolio
W.A. PROJECT PORTFOLIO OAKOVER (FLAGSHIP) For personal use only • Near-surface, gently dipping geology • Metallurgical test work demonstrated saleable 30 - 32% Mn Concentrate product achievable • Hydrometallurgy test work demonstrated Battery Grade MnSO4 achievable • Concentrate DMS Scoping Study –
Slide 22: Manganese Resources Snapshot
MANGANESE RESOURCES SNAPSHOT Significance of the Oakover Manganese Project cannot be underestimated from the perspective of global supply, with continued decline of worldwide manganese production grades and limited number of ASX manganese developers For personal use only GHANA (~6% of Seaborne Trade
Slide 23: Oakover - Large Resource with Strong Growth Upside
OAKOVER - LARGE RESOURCE WITH STRONG GROWTH UPSIDE • Firebird has successfully explored and developed Oakover into a sizeable manganese project, with exciting growth potential • Development work, including completion of a Dense Media Separation (DMS) For personal use only Manganese Concentrate Scopi
Slide 24: ESG
ESG Firebird’s ESG methodology plays a crucial role in our planning and business operations, including: For personal use only CORPORATE GOVERNANCE HUMAN RESOURCES SUPPORT FOR LOCAL OPERATIONAL SYSTEM MANAGEMENT SYSTEM COMMUNITIES MANAGEMENT Establishing a sound corporate Focusing on employee welfare
Slide 25: Corporate Snapshot
CORPORATE SNAPSHOT Firebird Metals Limited ASX:FRB EVAN CRANSTON Chairperson Share price as of 09/02/2024 $0.105 Mr Cranston is an experienced mining executive, with a background in corporate and mining law. Shares on issue 142.36 M For personal use only Market capitalisation $14.9 M Options @ $0.30
Slide 26: Building a Low-Cost, Near-Term Global Cathode Producer
BUILDING A LOW-COST, NEAR-TERM GLOBAL CATHODE PRODUCER For personal use only Successfully executing a China-based, high-purity manganese sulphate strategy to grow into Speed-to-Market the next major manganese producer and provide security of supply into the rapidly Strategy expanding LMFP battery ma
Slide 27: Thank You
For personal use only THANK YOU Suite 20, 513 Hay Street Subiaco WA 6008 +61 (08) 6245 9818 www.firebirdmetals.com.au
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