Metallium Limited · ASX:MTM
Metallium — MTM Critical Metals — Investor Presentation (October 2024)
41 slides from Metallium's investor presentation, Oct 16, 2024
Slide 1: Innovating Critical Metal Supply
For personal use only Innovating Critical Metal Supply INVESTOR PRESENTATION ASX: MTM 16 October 2024
Slide 2: Important Notice and Disclaimer (1/2)
Important Notice and Disclaimer (1/2) Introduction Not an offer Disclaimer This investor presentation (Presentation) has been prepared by MTM Critical Metals This Presentation is not and should not be considered an invitation or offer to acquire or sell Peloton Capital Pty Ltd (ACN 149 540 018) and
Slide 3: Important Notice and Disclaimer (2/2)
Important Notice and Disclaimer (2/2) Forward-looking statements and forecasts Investment risk This Presentation may contain “forward-looking” statements including statements, An investment in securities in MTM Critical Metals is subject to known and unknown risks, guidance, forecasts, estimates, pr
Slide 4: Executive Summary
Executive Summary MTM Critical Metals Ltd is an emerging Industrial Technology Company at the forefront of innovation in the critical minerals and metals sectors. We are committed to advancing the commercialisation of our sustainable Flash Joule Heating (FJH) metal recovery and processing technology
Slide 5: Our mission is to commercialise the unique FJH technology
Our mission is to commercialise the unique FJH technology Problems we are trying to solve: Traditional metal recovery methods The solution: are expensive, energy & reagent-intensive, and non-selective Breakthrough Flash Joule Heating Platform For personal use only WASTE ORE Pyrometallurgy (high heat
Slide 6: Technology Overview
For personal use only Technology Overview Flash Joule Heating (FJH) 6
Slide 7: Flash Joule Heating (FJH)
Flash Joule Heating (FJH) • Advanced, patented, electrothermal processing platform that enhances metal recovery & mineral processing compared to traditional methods. • By rapidly heating materials in a controlled atmosphere, FJH efficiently extracts metals from refractory For personal use only miner
Slide 8: Technology Options & Recent Advancements
Technology Options & Recent Advancements Recent ‘chlorination’ licence amendment opens the door to a much wider range of metals and waste streams & overcome the constraints of conventional processing For personal use only Conventional FJH: Rapid heat treatment in air or an inert Metal recovery from
Slide 9: Flash Joule Heating Potential
Flash Joule Heating Potential 1. Extract valuable metals from Industrial For personal use only Waste Streams FJH Spent High value Li-Ion Batteries E-Waste Semiconductor Scrap Mine Tailings 2. Improve performance of refractory Mineral Processing Operations in Mining Industry Lithium Rare Earths Niobi
Slide 10: Inventor Pedigree
Inventor Pedigree • FJH INVENTED BY DR JAMES TOUR - RICE UNIVERSITY • T. and W. F. Chao Professor of Chemistry, Computer Science, and Materials Science & Nano- Engineering at Rice University. For personal use only • Synthetic organic chemist; BS in Chemistry from Syracuse University, PhD from Purdue
Slide 11: International presence via high caliber partners
International presence via high caliber partners KNIGHTHAWK ENGINEERING For personal use only ENGINEERING DESIGN & SCALE-UP Houston, Texas, USA METALLURGY R&D Perth Australia Flash Metals USA HQ (MTM) Houston, Texas MTM has a Global Licence Agreement for FJH with Rice University MTM HQ FJH PIONEERS
Slide 12: Comparable Companies on the ASX?
Comparable Companies on the ASX? For personal use only Date Reference: 11/10/20/24 Market Cap (A$M) - Peers on ASX vs MTM $1,500 4 Market Cap (A$M) Stage of Development Market Cap (A$M) (3 = 3 Stage = Commercial) $1,000 Stage Commercial) Development 2 Development $500 1 (3 $0 0 ALPHA HPA SILEX IPERI
Slide 13: Commercialisation Strategy
For personal use only Commercialisation Strategy Outlook & Pathway to Revenue 13
Slide 14: Value Creation Strategy
Value Creation Strategy Our commercialisation strategy is centred on scaling our FJH technology from demonstration to full commercial operations, forging strategic partnerships, securing offtake agreements and driving revenue growth through sustainable recycling solutions that recover critical mater
Slide 15: Preparing for commercial scale-up with our FJH Demonstration Plant
We are preparing for commercial scale-up with For personal use only our FJH Demonstration Plant (“FDP”)
Slide 16: The FDP is a major step towards scaling our business to cashflow
The FDP is a major step towards scaling our business to cashflow, with capability to handle multiple feedstocks Gallium For personal use only (semiconductor scrap) Strategic Partnerships E-Waste (PCBs) FJH Validation of Demonstration technology Plant Funded (1 ton / day) Saleable Innovation Lithium
Slide 17: Indicative Commercialisation Timeline
Indicative Commercialisation Timeline Three priority verticals highlighted BUSINESS PROJECT PARTNERS PRIORITY 2024 2025 2026 2027 WASTE / E-Scrap / Gallium & Partnership in Bench testing Pilot Commercial Operations For personal use only RECYCLING Indium progress E-Scrap / Gold, Silver, TBC - Discuss
Slide 18: The Gallium & Indium Opportunity
The Gallium & Indium Opportunity Major Gallium & Germanium Importers from China Ultra-high value Gallium & Indium recovery from semi-conductor scrap • Market Supply Issues: The global gallium market has been severely impacted by China’s export restrictions, leading to dramatic price increase. For pe
Slide 19: The Gallium & Indium Opportunity
The Gallium & Indium Opportunity MTM is in the final stages of completing the design of its 1-ton-per-day FJH Demo Plant Commercial • Commercial production of Ga expected by Q4-25, positioning MTM for transformative growth For personal use only Focus • Potentially re-shoring Ga recovery in the U.S.,
Slide 20: The e-Waste Opportunity
The e-Waste Opportunity Weight and value of metals contained in the 62 Mt of e-waste generated globally in 2022 Game changing potential for sustainably recovering metals from electronic waste 2.1 Mt 270 t 0.52 Mt 3.9 Mt 120 t US$19B US$15B US$14B US$11B US$8B • E-waste is one of the fastest-growing
Slide 21: Significant Multi-Metal Recovery from E-Waste using FJH
Significant Multi-Metal Recovery from E-Waste using FJH High recoveries across several valuable metals ▪ Successful Very High Recovery of gold (Au), silver (Ag), copper (Cu), Tin (Sn), and Au 79 Palladium (Pd) from e-waste Gold & Other For personal use only Chlorine Target Metals Gas Ag 47 ▪ Sustain
Slide 22: Potential to Revolutionise Lithium Extraction
Potential to Revolutionise Lithium Extraction The global market for lithium-ion battery compounds is projected to exceed US$180 billion by 2030 * Spodumene is the primary source of Li globally, and the traditional extraction process involves significant energy usage & recovery inefficiencies Problem
Slide 23: The Lithium Opportunity
The Lithium Opportunity FJH – “Game changer” potential for the lithium industry - 3 distinct opportunities Complete flowsheet revamp Recover unrecoverable Improve Calcination using FJH Chlorination material & reprocess tailings For personal use only • Eliminate Kiln Calcination using more efficient
Slide 24: The Lithium Opportunity
The Lithium Opportunity Next-generation flowsheet that can advance sustainability goals while optimising operational efficiency A. CONVENTIONAL FLOWSHEET FOR LITHIUM CARBONATE MANUFACTURE Conventional A. CONVENTIONALFlowsheet FLOWSHEETfor FORLithium LITHIUMCarbonate CARBONATEManufacture MANUFACTURE
Slide 25: Grant Funding Opportunities
Grant Funding Opportunities Applications and discussions underway Onshoring & “Green” Technology Critical Friend-shoring of technology • Due to the wide-ranging applications of our FJH Innovation Minerals critical metal & For personal use only technology in enhancing Critical Metal supply and supply
Slide 26: Latest Developments & Testwork
For personal use only LATEST DEVELOPMENTS & TESTWORK 26
Slide 27: Latest Developments & Testwork
Latest Developments & Testwork Three priority verticals shown BUSINESS PROJECT TESTING / DEVELOPMENT NEXT STEPS MARKET SIZE UPDATE For personal use only WASTE / RECYCLING E-Scrap / Gallium • Successful lab scale recovery • Commercial scale Global GaN semiconductor market was by Rice University. (1 t
Slide 28: Target Milestones to Drive Value in Next Months
Target Milestones to Drive Value in Next 12 Months • Demonstration Plant: progress updates in 1 ton per day demo plant For personal use only • Commercial Production: attain production of Gallium from 1 TPD plant • Secure Strategic Partnerships: update on ongoing discussions and collaborations with s
Slide 29: Summary
Summary • We are an emerging industrial technology company that can disrupt the metals sector within Several “verticals” several ‘verticals’ including Gallium, Gold & Lithium & business For personal use only opportunities • Strong collaborations underway across industries, and we expect this to only
Slide 30: Appendix: Capital Raise Details
For personal use only APPENDIX 1 Capital Raise Details 30
Slide 31: Capital Raise to Accelerate Growth
Capital Raise to Accelerate Growth Joint Lead Offer Summary Manager Offer Structure and Size • MTM has successfully raised $8m via an Institutional Placement (Offer). • Approximately 123M New Shares to be issued. For personal use only Offer Price • $0.065 per share Ranking • New Shares issued under
Slide 32: Capital Raise to Accelerate Growth: Indicative Timetable
Capital Raise to Accelerate Growth Indicative Timetable Event Date* For personal use only Trading Halt Mon, 14 October 2024 Trading Halt Lifted and Trading Resumes Wed, 16 October 2024 Settlement (Tranche 1) and Shares Commence Trading Mon, 21 October 2024 Shareholder Meeting, Tranche 2 Settlement A
Slide 33: Capital Raise to Accelerate Growth: Funding Summary
Capital Raise to Accelerate Growth Funding Summary Source of Funds $ % Use of Funds $ % For personal use only Tranche 1 $4.2m 52.5% Technology Development $5.2m 65% Exploration $0.5m 7% General & Administration $0.8m 10% Tranche 2 $3.8m 47.5% Working Capital $1.0m 12% Costs of the Offer $0.5m 6% TOT
Slide 34: Appendix: Further Information
For personal use only APPENDIX 2 Further Information 34
Slide 35: Board & Management
Board & Management Executive Board For personal use only Michael Walshe Steve Ragiel John Hannaford Tony Hadley Paul Niardone David Izzard BCom, FFin B.Sc. (Extractive Metallurgy & MBA, BA BBus, CPA, MBA, MSc, GAICD B.Eng. (Hons) Chemical, MIEAust BCHe, Chemical Engineering CPEng, MBA (Finance), MAu
Slide 36: Corporate Overview
Corporate Overview Board & Management, 6% Share price (Last Traded) Market capitalisation Board & Management ownership Flash Joule A$0.085 A$24m 6% Remainder, Tech, 26% For personal use only Remainder, Top 20 (other), 54% 54% As at 11 October2024 As at 11 October2024 As at 11 October2024 14% (52 wee
Slide 37: Key Risks (1/3)
Key Risks (1/3) Key Risks Overview Before investing in New Shares, you should consider whether this investment is suitable for you. Potential investors should consider publicly available information on MTM Critical Metals Ltd, including the MTM Critical Metals Ltd group of companies (together, MTM C
Slide 38: Key Risks (2/3)
Key Risks (2/3) Project Development Operating and Budget Risks MTM Critical Metals Ltd has an interest in a number of pre-commercial projects, including FJH commercialisation, and several mineral The proposed activities, costs, and use of MTM Critical Metals Ltd's cash resources are based on certain
Slide 39: Key Risks (3/3)
Key Risks (3/3) Additional Requirements for Capital and Financing Risk MTM Critical Metals Ltd is a technology and project development group with no regular material commercial revenues that generate free cash flow. MTM Critical Metals Ltd expects both its capital and operating costs will increase s
Slide 40: Disclaimers
Disclaimers This presentation has been prepared by MTM Critical Metals Limited (ACN 645 885 463) (“MTM Critical Metals”, “MTM’ or It is a requirement of the ASX Listing Rules that the reporting of exploration results in Australia comply with the Joint Ore Reserves “Company”) for the exclusive use of
Slide 41: Contact MTM Critical Metals Limited
For personal use only CONTACT MTM Critical Metals Limited Suite 2, 38 Colin Street, West Perth, WA 6005 Australia Phone 08 6391 0112 | Email info@mtmmetals.com.au Michael Walshe ASX:MTM CEO, MTM Critical Metals Ltd mtmmetals.com.au Steven Ragiel President, Flash Metals USA, Inc. 41
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