Imdex Ltd · ASX:IMD
Imdex — Euroz Rottnest Island Securities Conference 2021
33 slides from Imdex's conference presentation, Mar 9, 2021
Slide 1: The essential role of mining-tech in meeting emerging global demands
The essential role of mining-tech in meeting emerging global demands and how IMDEX is positioned to benefit CONFIDENTIAL PROPERTY OF © IMDEX LIMITED 9 MARCH 2021
Slide 2: Quote: society views mining as necessary
"We need to get to the point where society views mining as necessary for the wellbeing of its own existence." TONY O’NEIL, ANGLO AMERICAN 10 NOVEMBER 2020 2
Slide 3: A quick review of the trends driving activity in commodities
A quick review of the trends that are driving activity in commodities 3
Slide 4: Megatrends shaping commodity markets over the coming decade
Megatrends shaping commodity markets over the coming decade MEGATRENDS RELATED TO DECARBONISATION 4
Slide 5: Decarbonisation — reaching a tipping point
Decarbonisation — reaching a tipping point A genuine commitment to CONSUMERS ARE GOVERNMENTS ARE decarbonisation is being BECOMING INCREASINGLY MANDATING CHANGE AND CONCERNED ABOUT ARE INVESTING IN driven from all corners of ENVIRONMENTAL ISSUES RESEARCH AND our global economy AND ARE DEMANDING DEVE
Slide 6: The growing role of minerals for a low carbon future
The growing role of minerals for a low carbon future One can argue about both the pace and scale of the energy transition but the criticality of metals to its realisation is without question... the energy transition starts and ends with metals. If you want to generate, transmit or store low/no- carb
Slide 7: Exploration budgets and commodity exposure
Exploration budgets and commodity exposure GLOBAL EXPLORATION BUDGET BY COMMODITY ($M) IMDEX ESTIMATED COMMODITY EXPOSURE 35% GOLD CRITICAL METALS 8% 7% (Cu, Ni Co etc.) IRON ORE OTHERS 50% • IMDEX commodity exposure is representative of global exploration budgets • ~35% of IMDEX revenue currently c
Slide 8: Demand drivers
IMDEX DEMAND DRIVERS
Slide 9: Demand drivers – consumers
Demand drivers – consumers CHINA/EUROPE/US ELECTRIC VEHICLE SALES (K UNITS) • Electric vehicle sales are tipped to increase, pushed higher by improved batteries, more charging infrastructure, new markets and prices compared with internal combustion engine vehicles • Electric vehicles are predicted t
Slide 10: Demand drivers – governments
Demand drivers – governments NATIONAL GOVERNMENTS INFRASTRUCTURE PROCUREMENT PRACTICES SPEND ~$15 BILLION DEVELOPMENT INCLUDING INCREASINGLY FAVOUR ANNUALLY ON R&D FOR ELECTRIC TRANSITION LOW CARBON CONTENT CLEAN ENERGY LINES OR HYDROGEN TECHNOLOGIES PIPELINES FISCAL SUBSIDIES TO MANDATES PROHIBITIN
Slide 11: Demand drivers – downstream customers
Demand drivers – downstream customers TESLA'S RELUCTANT TESLA PLANS TO USE COMMITMENT TO COBALT A GLENCORE COBALT IN WARNING TO OTHERS. NEW GIGAFACTORIES. Tesla's not the first auto company Glencore, which is the largest to lock in future cobalt supplies with industrial supplier of cobalt in the a m
Slide 12: Demand drivers – investors and financial institutions
Demand drivers – investors and financial institutions ANALYSIS OF 3000 US MUTUAL AND EXCHANGE TRADED FUNDS Assets in sustainable investment products in Europe are forecast to reach €7.6tn over the next five years, outnumbering conventional funds, as investors' growing focus on risks including climat
Slide 13: Supply constraints
IMDEX SUPPLY CONSTRAINTS
Slide 14: Let's just look at copper
Let's just look at copper IN THE NEXT 15 YEARS WE WORLDWIDE COPPER ON AVERAGE IT TAKES 20 WILL CONSUME MORE USAGE JUMPED 38% YEARS TO BRING A COPPER COPPER THAN WE DID IN OVER THE LAST DECADE, MINE INTO PRODUCTION. THE LAST 100 YEARS FROM 17.8MT IN 2009 TO WINU IS ON TRACK TO BE COMBINED 24.5MT IN 2
Slide 15: Diminishing drilling, copper discoveries, reserves and inventories
Diminishing drilling, copper discoveries, reserves and inventories GLOBAL DRILLING ACTIVITY — COPPER Goldman Sachs recently reported that the copper market is facing the largest deficit in a decade this year, with a high risk of scarcity over the coming months. S&P Market Intelligence 15
Slide 16: How hard is it to extract copper?
How hard is it to extract copper? THIS IS WHAT 4.1 MILLION TONNES OF COPPER LOOKS LIKE Palabora is the largest open-pit mine in South Africa, established in the 1950s Finding, defining and mining that much copper, requires a lot of drilling, earth moving and processing Doing it efficiently is more c
Slide 17: So, let's just go and find more copper... right?
SO, LETS JUST GO AND FIND MORE COPPER... RIGHT? EVEN IF YOU DRILL MORE, THERE ARE MULTIPLE CHALLENGES 17
Slide 18: Stranded copper assets – multiple constraints
Stranded copper assets – multiple constraints IMDEX TECHNOLOGIES DIRECTLY ADDRESS THESE OREBODY CONSTRAINTS 18
Slide 19: It's not just a copper story
It's not just a copper story FORECAST COMMODITY DEMAND $1 trillion of investment is needed in key energy transition metals — 507kt aluminum, cobalt, copper, nickel, and lithium — over the next 15 years to meet the growing demands of decarbonization. WOOD MACKENZIE Glencore modelled future demand for
Slide 20: How does IMDEX's technologies and strategy fulfil this supply demand gap
HOW DOES IMDEX’S TECHNOLOGIES AND STRATEGY FULFIL THIS SUPPLY DEMAND GAP 20
Slide 21: Importance of mining-tech
Importance of mining-tech Rapid technological advances in AI, robotics and automation, analytics, and the Industrial Internet of Things are beginning to transform supply and demand dynamics in the energy and resources sector, and will raise productivity, increase energy efficiency and unlock value o
Slide 22: The value of moving decisions upstream from where they are today
The value of moving decisions upstream from where they are today Rock knowledge is an We enable the timely delivery MANY $BN MINING understanding of location, of quality data, giving clarity INVESTMENT DECISIONS texture, grade and mineralogy. on the nature of the rock to ARE MADE HAVING It answers t
Slide 23: Enabling clients to find, define and mine — with precision and at speed
Enabling clients to find, define and mine — with precision and at speed • Drilling • Downhole survey productivity and sensors rig alignment Rock Drilling Knowledge • Core orientation technologies Optimisation Sensors and gamma logging • Automated and technologies remote drilling fluid testing • In-f
Slide 24: Why rock knowledge is important
Why rock knowledge is important What is rock knowledge? Current world view of rock knowledge DATABASE TEXTURE WE USE THESE DISPARATE PROPERTIES DATA 3RD PARTY FOR: INTEGRATION - MINERALISATION SCANNERS GRADE MINERALS POTENTIAL LABS - GRADE LOCATION - HARDNESS/BLAST-ABILITY IMDEX IoG - PROCESSING ORE
Slide 25: The value of IMDEXHUB-IQ in providing integrated rock knowledge
The value of IMDEXHUB-IQ™ in providing integrated rock knowledge Timely information for critical decision making QUALITY DATA REPRESENTIVITY TIME SAVINGS • Industry leading sensors • Cost effective methods • Actionable information allowing data to be in real-time • QA/QC at point of data collected f
Slide 26: The value of rock knowledge
The value of rock knowledge IoG IoT “geoscience We are putting into blasting via the Internet of Monthly cost per shipped ore tonne Unit: $ per tonne Geosensing by measuring what is important. ” DAVE LAWIE CHIEF GEOSCIENTIST, IMDEX KPMG Leveraging data for improved productivity David Rose, 11 Novemb
Slide 27: Mining Technologies - BLASTDOG
Mining Technologies - BLASTDOG™ Optimised blasting and material tracking Drilling Domaining Optimised Post-Blast Productivity & Analytics Blasting Metrics Processing Metrics MORE EFFICIENT HAULAGE PREDICTABLE CONTROLLED VIBRATION, INCREASED PROCESSING FRAGMENTATION OF DUST, FUMES AND INTENSITY (GREA
Slide 28: IMDEX BLASTDOG and the big levers of IoG
IMDEX BLASTDOG™ and the big levers of IoG MINING VALUE CHAIN PRE-BLAST POST-BLAST HAULAGE COMMINUTION OUTPUT WASTE MILL BENEFITS DEPOSIT FRAGMENTATION MINIMISE ORE LOSS MINE TO MILL BLASTDOG™ > KNOWLEDGE EFFICIENCY AND DILUTION EFFICIENCY %TPH SIGNIFICANT PRODUCTIVITY, COST AND SAFETY Increase “Ther
Slide 29: Industry drivers are accelerating IMDEX's growth strategy
Industry drivers are accelerating IMDEX's compelling growth strategy Growing core business by enhancing technical NEW DRILLING leadership and embedding OPTIMISATION NEW ROCK NEW TECHNOLOGIES value for clients AND ROCK KNOWLEDGE SENSORS KNOWLEDGE SENSORS Expansion within the larger, TECHNOLOGIES less
Slide 30: Outlook
IMDEX OUTLOOK
Slide 31: Outlook for FY21
Outlook for FY21 • The outlook for mining-tech is stronger than it has ever been • We remain watchful and ready to respond to the risks and opportunities presented by COVID-19 • We remained positioned to benefit from increasing demand for real-time orebody knowledge • Clients are well funded and are
Slide 32: Positioned to deliver attractive returns
Positioned to deliver attractive returns POSITIVE INDUSTRY STRONG A GROWTH DRIVERS CORE COMPANY BUSINESS • Resource companies are well funded • Strong pipeline of new with increasing budgets technologies and software • Outperforming market growth • Reserves are being depleted at a • Ability to pursu
Slide 33: Thank you
Thank you THIS PRESENTATION HAS BEEN PREPARED BY IMDEX LIMITED (“THE COMPANY”). IT CONTAINS GENERAL BACKGROUND INFORMATION ABOUT THE COMPANY’S ACTIVITIES CURRENT AS AT THE DATE OF THE PRESENTATION. IT IS INFORMATION GIVEN IN SUMMARY FORM AND DOES NOT PURPORT TO BE COMPLETE. THE DISTRIBUTION OF THIS
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