Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Investor Presentation (October 2018)
21 slides from Andromeda Metals's investor presentation, Oct 5, 2018
Slide 1: Investor Presentation - Amended ASX cover letter
5 October 2018 Adrian Smythe Manager, Listing Compliance Australian Securities Exchange 20 Bridge Street Sydney, NSW 2000 INVESTOR PRESENTATION Dear Sir, It has come to the Company’s attention that the Investor Presentation released to the market on 4 October 2018 contained an error on page 7 – Glob
Slide 2: Halloysite/Kaolin & High Purity Alumina Development Opportunity
Halloysite/Kaolin & High Purity Alumina Development Opportunity October 2018 ASX:ADN 1
Slide 3: Disclaimer
DISCLAIMER The information in this presentation is published to inform you about Andromeda Metals Limited (“Andromeda” or the “Company”) and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties t
Slide 4: Experienced Board & Management
Experienced Board & Management CAPITAL STRUCTURE (30 September 2018) Rhod Grivas Non-Executive Chairman Shares on Issue 1,079,361,560 • Geologist with 30 years experience Listed Options ($0.012/sh, exp 30/11/2020 ) 486,280,451 • 18 years of corporate/board experience • Previously taken projects from
Slide 5: The Andromeda Transformation
The Andromeda Transformation JV with Minotaur Exploration to acquire the Poochera HPA/Halloysite-Kaolin Project in South Australia Poochera contains the World Class halloysite-kaolin Carey’s Well Deposit: JORC 2012 Resource of 23.9Mt1 Significantly larger with higher purity than peer project
Slide 6: Poochera Project Overview
Poochera Project Overview Defined Resource at Carey’s Well One of the world’s largest deposits of its type Extensive Testwork Completed Resource drilling Bulk sampling Pilot plant processing High Purity Alumina analysis Infrastructure Adjacent to Streaky Bay, SA Highway access to ports
Slide 7: What is Halloysite Kaolin?
What is Halloysite Kaolin? Halloysite is a rare ‘tubular shaped’ derivative of kaolin that has a wide A Rare and Valuable form of Kaolin variety of industrial uses Main Mature Established Markets Ceramics - Valued product for high-quality porcelain (Approx.$500 - $1000/t) Catalysts – Superior ca
Slide 8: Global Opportunities: High Purity Alumina
Global Traditional HPA manufacturing is very high cost using refined aluminum metal feed Opportunities The new kaolin feed production process can reduce costs by more than half High Purity Alumina Being developed by new entrants Altech Chemicals (ATC), FYI Resources (FYI) and Hill End Gold (HE
Slide 9: High Purity Alumina (HPA)
High Purity 4N HPA CONSUMPTION BY APPLICATION (2016) Alumina (HPA) PRODUCT PURITY PRICE (US$/t) High Purity Alumina (HPA) is 13% 3N HPA 99.9% $6,000 aluminum oxide (Al2O3) powder 4N HPA 99.99% $23,000 with a purity equal or greater than 99.99% 15% 53% 5N HPA 99.999% $50,000 HPA demand is experie
Slide 10: Global Opportunities: Nanotechnology Applications
Global Opportunities Nanotechnology Applications Pure Halloysite The Global Innovative Center for Advanced Nanomaterials (GICAN) industry hub at the University of Newcastle is already finding excellent results with Carey’s Well halloysite kaolin in nanotube technology research Application research a
Slide 11: Carey's Well Pathway to Production
Carey’s Well Pathway to Production Bulk Sampling Extract approx. 200t for full-scale commercial processing trials (wet and dry) Use product for full-scale commercial application trials Lock in legally binding agreements for DSO and processed material Key Actions Characterise the halloysite c
Slide 12: Investment Summary
Investment Summary The Poochera Halloysite Kaolin Project gives Andromeda an advanced project capable of being advanced rapidly through to operation The project comprises a globally significant resource of high quality product with a lengthy mine life The price of halloysite kaolin The price o
Slide 13: Contact Details
CONTACT DETAILS James Marsh Managing Director Nick Harding Executive Director Address: 69 King William Road Unley, South Australia P: 08 8271 0600 info@andromet.com.au 12
Slide 14: Appendices
APPENDICES 13
Slide 15: Farmin Deal Proposals
Shared risk/reward on FARMIN DEAL PROPOSALS both projects while limiting shareholder dilution Deal delivers Andromeda a cost effective entry into the HPA/Halloysite sector HOA TERMS Minimum Spend within 9 months $400,000 Spend to achieve 51% $3m within 2 years Spend to achieve additional 24% $3m wit
Slide 16: Poochera Project & Carey's Well Deposit
POOCHERA PROJECT & CAREY’S WELL DEPOSIT JORC 2012 Resource Estimate 23.9Mt of “bright white” kaolinised granite using an ISO Brightness R457 cut‐off of 75 for minus 45 micron kaolin product 2018 Total Resource Estimate of 23.9Mt (2012 JORC) The Carey’s Well kaolin Mineral Resource Estimate, and the
Slide 17: Carey's Well Streaky Bay Pilot Plant
Carey’s Well Streaky Bay Pilot Plant Ready to Go Minotaur spent in excess $5M on geology and product development Pilot plant work demonstrated recovery of ~ 75% kaolin for semi-refined (dry processed) product. A range of halloysite/kaolinite product blends developed and technically approved by
Slide 18: Carey Well: Process Flowsheet
CAREY WELL: PROCESS FLOWSHEET Short Perfect for Simple low cost Rapid entry to construction resource and operation market time location Mining Stockpiles Lump Breaker Heated Classifier Mill Transport Bagging Operation Product Silo Bag House Filter 17
Slide 19: Simplified HPA Production Route
SIMPLIFIED HPA PRODUCTION ROUTE Bauxite Mining Bauxite feedstock Alumina Refinery Smelter grade alumina Smelter grade alumina Aluminium metal (~30%Al) (~99.5%Al) (~99.5%Al) Traditional multi‐stage process route using refined aluminium metal VERSUS Aluminium metal Simplified route using kaolin HPA Pr
Slide 20: Camel Lake Halloysite Deposit
Camel Lake Halloysite Deposit Exponential increase in Pure halloysite is extremely rare in the world studies and patents aimed at Current market value up to US$3000/t applications of halloysite Only one genuine commercial operation with reducing output due to quality and limited reserves nanot
Slide 21: Thank You
A. Andromeda METALS Thank You
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