Element 25 Limited · ASX:E25
Element 25 — Diggers & Dealers Mining Forum 2024
21 slides from Element 25's conference presentation, August 2024
Slide 1: Building a Global Manganese Business
Building a Global Manganese Business Supplying low-carbon sustainable manganese ore and EV battery grade HPMSM to global markets. August 2024 – Diggers & Dealers Mining Forum ASX : E25 OTCQX: ELMTF
Slide 2: Disclaimer
Disclaimer This presentation contains only a brief overview of Element 25 Limited and its associated entities (“Element 25") and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Element 25's projects, may rely on various assu
Slide 3: Corporate Summary
Corporate Summary Share Register: Operating the 100% owned Butcherbird Manganese Mine in Western Australia to produce high-quality manganese oxide concentrate. Building a USA-based refinery to supply ethical battery-grade High Purity Manganese Sulphate Monohydrate (HPMSM) products. Offtake and fundi
Slide 4: Company Leadership
Company Leadership BOARD OF DIRECTORS Experienced, Multi-disciplinary Board & Management John Ribbons Justin Brown Fanie van Jaarsveld Sam Lancuba Chairman Managing Director Non-Executive Director Non-Executive Director CPA Geologist Analytical Chemist Chemical Engineer PROJECT DEVELOPMENT AND OPERA
Slide 5: Company Strategic Vision
Company Strategic Vision Butcherbird Expansion Louisiana HPMSM Expand Globally 1.1 Mt Mn Ore USA EV Critical Raw Materials HPMSM Expansion - EU & Asia Build and commission a full commercial-scale Construct the first US HPMSM processing facility Multiple HPMSM modules globally to deliver processing f
Slide 6: Large, long-life manganese ore mine in Western Australia
Large, long-life manganese ore mine in Western Australia E52/2350 M52/1074 Granted Mining Lease and permitting largely completed during pilot plant stage - minor amendments pending approval for expansion Large JORC Resource: Simple Logistics: Provides the basis for long Existing road and port mine l
Slide 7: Simple geology means low-cost, low impact mining
Simple geology means low-cost, low impact mining Classification Tonnes (Mt) Mn (%) Contained Mn (Mt) RESOURCE GROWTH POTENTIAL Resource 260.9 9.9 20.8 • Enough resource base for multi- Reserve 50.6 10.3 5.22 decade long expansion pathway. • Can produce concentrate, battery grade HPMSM and EMM withou
Slide 8: Established Australian Manganese Mine – Pilot Plant Expansion
Established Australian Manganese Mine – Pilot Plant Expansion Process Water Storage Access Road Inbound and outbound logistics ROM Stocks Pilot Plant: Ore Stockpiles Will be replaced during expansion Feedstock for HPMSM conversion 8
Slide 9: Butcherbird Expansion – low capital cost, robust economics
Butcherbird Expansion – low capital cost, robust economics… • Butcherbird Expansion Feasibility Study Targets 1.1 Mtpa Manganese • Production to Capture Economies of Scale with reduction in operating costs. • Moves Element 25 down the global Key design outcomes from pilot plant and test work: mangan
Slide 10: Vertically-integrated global HPMSM supply
Vertically-integrated global HPMSM supply Manganese Ore Supply: Australian manganese ore concentrates as feedstock for HPMSM production to supply US EV markets. Surplus ore will supply Vertically integrated existing ferroalloy customers. critical battery raw material supply chain. Louisiana HPMSM Re
Slide 11: Electric Vehicle (EV) uptake accelerating
Electric Vehicle (EV) uptake accelerating… “…S-curve modelling, based on the EV growth so far and the lessons of other technology shifts, suggests EV sales will grow at least four- fold by 2030, and make up between 62 percent and 86 percent of global car sales in 2030…” RMI – Energy Transformed 2023
Slide 12: Transition to Higher Manganese Cathodes
Transition to Higher Manganese Cathodes Manganese Rich Cathode chemistries help to solve supply, ESG and supply security challenges High-manganese represents the optimum cost-benefit ratio. Volkswagen, March 2021 Li-Mn-rich technology shown as "cost" solution in electrification roadmap. BMW, Novembe
Slide 13: Transition to Higher Manganese Cathodes
Transition to Higher Manganese Cathodes LMFP, LMNO and NMX cathode chemistries offer improved safety, higher energy density, reduced cost per KWh and greater supply chain flexibility. High Manganese Cathode Material offers a number of advantages: Reduced nickel and very low to no cobalt content. Ref
Slide 14: Manganese, the battery raw material supply chain solution?
Manganese, the battery raw material supply chain solution? PDAC 2023 Keynote Speaker “…manganese (is) the single most critical mineral for batteries right now,” he said. “How many companies outside of China make manganese commercially for a battery right now? Which is the hottest metal for batteries
Slide 15: Improved, Cost-Competitive Process Technology
Improved, Cost-Competitive Process Technology The Element 25 Process makes significant changes & improvements… Problems with Current Technologies: • Large volumes of waste residues • Toxic Reagents • Inefficient • Higher Cost • Outdated processing technology Reagents/Cost Carbon Emissions Waste Resi
Slide 16: Global Refining Capacity in the Longer Term
Global Refining Capacity in the Longer Term EU EU & UK policy shifts are Japan & Korea remain competing with the IRA important region in terms First HPMSM Facility: for investment in battery of battery technology and Louisiana USA - IRA is driving capital and related plants innovation flows into US
Slide 17: Proposed Manganese Refinery
Proposed Manganese Refinery Ore Storage Processing Train #2 Processing Train #1 Product Storage & Despatch *Subject to successful project financing and permitting
Slide 18: Feasibility Study Delivers Compelling Economics
Feasibility Study Delivers Compelling Economics Reference: ASX Release dated May 2023
Slide 19: Resources & Reserves
Resources & Reserves Maiden Ore Reserve Category Tonnes (Mt) Mn (%) Contained Mn (Mt) • 89% conversion of measured and Proved 14.4 11.5 1.65 indicated resources to reserve. Probable 36.2 9.8 3.56 • Maiden Reserve only exploits Total 50.6 10.3 5.22 approximately 20% of global Mineral Resource mineral
Slide 20: Competent Person’s Statement
Competent Person’s Statement The information in this presentation that relates to Exploration Results is based on information compiled by Mr Justin Brown who is a full-time employee of the Company and is a member of the Australasian Institute of Mining and Metallurgy. Justin Brown has sufficient exp
Slide 21: Contact Us
CONTACT US Justin Brown Media Inquiries: Managing Director Nathan Ryan Email: admin@e25.com.au Email: nathan.ryan@nwrcommunications.com.au Phone: +61 (8) 6375 2525 Phone: +61 (0) 420 582 887