Wa Kaolin Limited · ASX:WAK
Wa Kaolin — Shareholder Meeting (December 2021)
13 slides from Wa Kaolin's shareholder meeting presentation, December 2021
Slide 1: AGM Presentation – Advancing towards Production 2022
AGM Presentation Advancing towards Production 2022 December 2021 Production of High Purity Kaolin From One of the World’s Largest Primary Resources
Slide 2: Wickepin Project Overview
Wickepin Project Overview Location WAK's project is located in Wickepin, 220 km south-east of Perth, Western Australia Existing processing plant is currently located on portside industrial land in Kwinana, south of Perth in Western Australia All infrastructure located close to WAK’s mine and p
Slide 3: One of the World’s Largest Remaining Primary Resources
One of the World’s Largest Remaining Primary Resources Reserves of Kaolin Resources of Kaolin Producer Country Type (mt)1 (mt)1 WA Kaolin Australia Primary 13.42 270.02 Imerys (Listed Conglomerate) All Areas Primary/Secondary 98.9 151.7 KaMin (Private) All Areas Secondary 120.8 0 BASF (Private) All
Slide 4: Wickepin Overview
Wickepin Overview A high quality, long life, permitted Kaolin Project. De-risked through investment • ~$42 million invested before listing since assets acquired from Rio Tinto Proven Low Cost Production • Currently producing small scale commercial plant in Kwinana • K99 process delivers high qua
Slide 5: 2021 Stage 1 Program – Progressing to Production
2021 Stage 1 Program – Progressing to Production 5
Slide 6: 2021 Milestones
2021 Milestones Construction on target for completion early 2022 Stage 1 construction – now 90% Complete Due to delays in global shipping market, with key ticket items delayed in transport, completion of construction anticipated first quarter 2022 Purchase and testing complete of key component
Slide 7: The Plant and The Pit
The Plant and The Pit 7
Slide 8: Existing Customers
Existing Customers WA Kaolin Customers % Country Vertical About of Production Demand for WAK’s kaolin products from Executed Offtake - Distributor servicing the fibreglass China & Taiwan 39% Fibreglass existing customers is driving the expansion market in China and Taiwan timing and strategy. Taiw
Slide 9: Staged Ramp Up to 400,000 tpa and beyond
Staged Ramp Up to 400,000 tpa and beyond 2021 Stage 1 Current Operations Stage 2 Ramp Up Future Scale Up Ramp Up K99 K99 Expand K99 Further Expansion of Proof of Concept Plant, Kwinana, WA Commercial Scale, Wickepin Capacity, Wickepin K99 Capacity, Wickepin Existing Production 25t/hour 50t/hou
Slide 10: Stage 1 Project Program
Stage 1 Project Program 2021 2022 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Civil Minor Works Minor Works Silos Procurement and Fabrication Installation Commissioning Bagging Procurement and Fabrication Installation Commissioning Kiln Procurement and Fabrication Install
Slide 11: Corporate Overview
Corporate Overview Substantial Shareholders Top 20 Shareholders 67.45% Owners & Board 38.41% No. of Shareholders 1,481 Corporate Structure Shares on Issue 282,821,885 Market Capitalisation $62.2m @ 22c p/share Unlisted Options 167,232,813 Performance Rights 27,500,000 Cash as at 31/11/2021 $3.25m Hi
Slide 12: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by WA Kaolin Ltd (WAK). This document contains background To the fullest extent permitted by law, WAK and its related bodies corporate, its directors, officers, information about WAK current at the date of this presentation. The
Slide 13: Andrew Sorensen CEO
Andrew Sorensen CEO asorensen@wakaolin.com.au +61 8 9439 6300 wakaolin.com.au Investor Relations Victoria Humphries victoria@nwrcommunications.com.au 13