Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Australian Graphite Conference (April 2017)
16 slides from Waratah Minerals's conference presentation, Apr 27, 2017
Slide 1: Graphite: Pure and Spherical
Graphite Pure and Spherical 27 April 2017 1
Slide 2: Its About Batteries
Its About Batteries • Its all about stored energy - Lithium Ion Battery • Spherical graphite (“SPG”) is used as the anode of a Lithium Ion Battery • Moving to development • High grade - low cost in the worlds leading graphite province • Development strategy and market • What does the battery market
Slide 3: Specifically LIBs show the greatest potential
Specifically LIBs show the greatest potential • Lithium-ion battery (LIB) market expected to grow from US$10bil to +US$60Bil in the next 10 years ✓ LIB materials market is expected to make up +US$30bil of this number, up from US$1bil in 2016 ✓ Rapid growth in electric vehicles (eg Tesla) and home st
Slide 4: Mine Location & Infrastructure Benefits
Mine Location & Infrastructure Benefits • Two graphite projects located in the Cabo Delgado province of Mozambique in East Africa • Significant graphite export operations/ capacity • Excellent logistics: only 260km to Pemba port via existing roads • Modern mining act and pro-mining government • Stab
Slide 5: Stage 1 Large Scale Bulk Sample – iron out the wrinkles
Stage 1 Large Scale Bulk Sample – iron out the wrinkles Stage 1 –Bulk Sample – Demonstration plant in 2017 will achieve DFS level of confidence in downstream SPG production – Complete Spherical plant procurement, and commissioning – Mine, process and ship 2,000 tonnes bulk sample – Toll treat & prod
Slide 6: Stage 2 – Up and Running
Stage 2 – Up and Running Stage 2 – Commercial Operations – 250-300,000tpa mining and processing in Mozambique – 20,000tpa of flake concentrate 97 to 99% TGC in Mozambique – 10,000tpa Spherical production in Nevada, USA – $57 to $67M CAPEX total for Montepuez Project & spherical facility – Graphite f
Slide 7: Next 12 Months
Next 12 Months • Award contracts and commence mining bulk sample Stage 1, May 2017 • Acquire, install and commission Stage 1 SPG plant Nevada USA 2H 2017 • Lodge mining license approval documentation, May 2017 • Mozambique mining license approved, 2H 2017 • Stage 1 spherical graphite produced from b
Slide 8: David Flanagan, Executive Chairman, Battery Minerals Limited
David Flanagan Executive Chairman Battery Minerals Limited E: david.flanagan@batteryminerals.com W: www.batteryminerals.com 8
Slide 9: Appendix
Appendix 9
Slide 10: From the mine to the gigafactory
Pathway: Flake to Coated Spherical Graphite • BAT understands how to mine and process graphite to create a product suitable for the booming LIB market • Vertical integration captures downstream profit margins Graphite Flake Graphite Concentrate Spherical Graphite Purified/Coated SG Anode ready spher
Slide 11: Process Flowsheet
Process Flowsheet Mining & Export Processing of Spherical Graphite 11
Slide 12: Scenarios Contemplated by Recent PFS/DFS
Process Pathway at full ramp up Output from mine site Two products generated from Two products generated ex-mine (Mozambique) downstream processing (USA) 60,000t SCENARIOS CONTEMPLATED BY RECENT PFS/DFS Sold to flake market 100,000t ≈20,000t ASSUMED 96% TGC 99.95% TGC coated $7,500/T spherical graph
Slide 13: Summary of Consolidated Study
Summary of Consolidated Study PFS on PSG *** DFS on Montepuez Graphite Project *** -20,000t of 99.99% PSG -100,000 tonnes of 96% purity graphite Annual production -20,000t recarburiser product concentrate Life of Mine (LoM) net revenue US$4,903 million US$2,156 million LoM cash generation US$1,558 m
Slide 14: Montepuez Ore Reserves and Mineral Resources
Montepuez Ore Reserves and Mineral Resources • Ore Reserve Estimate January 2017 for Buffalo and Elephant deposits is 41.4Mt @ 8.80% TGC for 3.64Mt of graphite reported at a cut-off grade of 4% TGC (see note below) • Total Mineral Resource January 2017 for Buffalo and Elephant deposits is 105.9Mt @
Slide 15: Montepuez Mineral Resource Statement
Montepuez Mineral Resource Statement ELEPHANT RESOURCE @ 2.5% TGC cut-off - January 2017 Contained Contained Tonnes TGC V2O5 Classification Type Graphite V2O5 Mt % % Mt Kt Weathered 7.80 7.70 0.19 0.60 15.00 Indicated and Inferred Unweathered 59.40 7.50 0.19 4.50 114.00 Total 67.20 7.50 0.19 5.10 12
Slide 16: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement Forward Looking Statements • Any references to Ore Reserve and Mineral Resource • Battery Minerals confirms that it is not aware of any estimations should be read in conjunction with the new information or data that materially affects the • Statements and mat
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