Latrobe Magnesium Limited · ASX:LMG
Latrobe Magnesium — Shareholder Meeting (November 2022)
15 slides from Latrobe Magnesium's shareholder meeting presentation, Nov 29, 2022
Slide 1: AGM Presentation
For personal use only AGM Presentation 29 November - 2022 David Paterson – Chief Executive Officer
Slide 2: Disclaimer
Disclaimer This presentation may contain forward looking statements that are subject to risk factors associated with For personal use only 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 and
Slide 3: Company Overview: Board of Directors and Management Team
Company Overview Board of Directors Management Team For personal use only Jock Murray - Non-executive Chairman ❖ Had a distinguished military career for almost 30 years before retiring as a Colonel in 1994. ❖ Has held numerous directorships including non-executive Chairman of Omni Tanker Holding Pty
Slide 4: Capital Structure and Location
Capital Structure and Location Latrobe Magnesium is an Australian listed public company under the ASX code LMG. For personal use only ASX Code LMG Shares on Issue 1,612 million Sydney: Corporate Head Office Share Price* $0.079 Melbourne: Hazelwood North: Project Office Production Site Market Cap. $1
Slide 5: LMG Highlights
LMG Highlights Magnesium is a Critical Raw Material in Australia, USA, EU, and Japan. China currently supply 88% of world demand, creating a risk For personal use only for global supply chains which experienced difficulties in the last quarter of 2021. The global magnesium market is forecast to doub
Slide 6: Magnesium: The Green Metal
For personal use only Magnesium: The Green Metal Key Statistics Current and Emerging Uses Die Cast Parts Aluminium Sheet Die Cast Components Aluminium Alloys DEMAND Titanium Refining BY INDUSTRY* Steel Desulfurisation Other Bioabsorbable Stents Magnesium Batteries *Source: IME Institute of Process M
Slide 7: Magnesium market is set to double over next decade
Magnesium market is set to double over next decade • Magnesium has the best high strength-to-weight ratio of common structural metals, e.g. 75% lighter than steel, 33% lighter than For personal use only aluminum & titanium • In 2021 world magnesium production was ~ 1.04 million tonnes. China supplie
Slide 8: The Demonstration Plant
For personal use only The Demonstration Plant • Will produce 1,000 tonnes per annum of magnesium, with an estimated capex of $40m • Processing fly ash from the Energy Australian, Yallourn West power station. • Converting 100% of fly ash waste into saleable products: • Located on 11 ha industrial sit
Slide 9: Converting Waste to Valuable Products: Patented Process
Converting About LatrobeWaste to Valuable Magnesium – PatentedProducts Process Proprietary Process Input Output For personal use only Demonstration Plant Fly Ash Magnesium Low Carbon Process 100,000 tpa SCM Ferro nickel Supplementary Cementitious Ferrosilicon Material Plant to be expanded to Hematit
Slide 10: Tackling CO2 emissions
Tackling CO2 emissions • LMG’s process produces a third the CO2 of the magnesium industry average, 8 to 10 tonnes of CO2 per For personal use only tonne of magnesium • The demonstration plant will use electricity & gas, predominantly for its furnaces • The Latrobe Valley is transitioning from brown
Slide 11: The Commercial Plant – Stage 2
The Commercial Plant – Stage 2 ● LMG has commissioned expert studies & will use learnings from the demonstration plant to determine For personal use only the potential economic capacity of a commercial magnesium plant at its Hazelwood North site ● LMG is developing a commercial scale plant producing
Slide 12: The Commercial Plant – Stage 3
The Commercial Plant – Stage 3 ● LMG is looking to establish a 100,000tpa plant using ferro nickel slag as its feedstock in an offshore For personal use only location that can supply renewable or clean energy for LMG to achieve net zero emissions. ● LMG has retained the services of Bechtel to conduc
Slide 13: Ferro Nickel Feedstock
Ferro Nickel Feedstock • Supply Agreement: Binding For personal use only supply agreement in place for 600,000 tpa for 20 years (12 m tonnes). • Supply Security: 28M tonnes currently stockpiled. A further 1.7 M tonnes is produced per year (by 1 of 3 mines on the island). A further ~20+ smelters exis
Slide 14: Staged Expansion Pathway to 100,000 tpa Mg
Staged Expansion Pathway to 100,000 tpa Mg + For personal use only 100,000 tpa 10,000 tpa Ferro Nickel 1,000 tpa Fly ash Plant to be expanded to 10,000tpa New plant designed and commissioned Fly ash commencing production in Dec to produce 100,000 tpa by Dec 2027 Demonstration plant commencing 2024.
Slide 15: Questions?
For personal use only Questions? 15
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