Sunrise Energy Metals Limited · ASX:SRL
Sunrise Energy Metals — Clean TeQ Holdings — Shareholder Meeting (November 2018)
28 slides from Sunrise Energy Metals's shareholder meeting presentation, Nov 22, 2018
Slide 1: Corporate Update
CORPORATE UPDATE 22 NOVEMBER 2018 SAM RIGGALL CHIEF EXECUTIVE OFFICER Clean TeQ | Corporate Update
Slide 2: Disclaimer
DISCLAIMER FORWARD LOOKING STATEMENTS Certain statements in this presentation constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors, which may cause a
Slide 3: Our Vision Is to Empower the Clean Revolution
OUR VISION IS TO EMPOWER THE CLEAN REVOLUTION Clean TeQ | Corporate Update 3
Slide 4: Highlights of FY2018: Clean TeQ Sunrise
HIGHLIGHTS OF FY2018 CLEAN TEQ SUNRISE SIGNIFICANTLY ADVANCED TOWARD DEVELOPMENT ▪ Definitive Feasibility Study1 completed, demonstrating a highly economic project with outstanding technical foundations ▪ Maiden product offtake agreement with Beijing Easpring signed for 20% of nickel and cobalt sulp
Slide 5: Highlights of FY2018: Clean TeQ Water
HIGHLIGHTS OF FY2018 CLEAN TEQ WATER DELIVERING ON MULTIPLE PROJECTS ▪ Fosterville Gold Project: construction progressed, approaching completion ▪ Oman Project: construction completed, awaiting commissioning ▪ DRC Project: construction commenced ▪ China Hoyo Project: design progressed; construction
Slide 6: Critical Raw Materials for the Battery Revolution
CRITICAL RAW MATERIALS FOR THE BATTERY REVOLUTION Clean TeQ Sunrise | Corporate Update
Slide 7: The Battery Revolution
THE BATTERY REVOLUTION DEMAND FOR ELECTRIC VEHICLES IS DRIVING RAW MATERIAL DEMAND Global EV Sales Projections EV related cobalt and nickel demand projections (kt) 16 90 350 14 80 293 300 12 70 Vehicle sales (million) 250 60 215 10 Vehicles (Million) Demand (kt) 50 200 8 3.5x 40 2.5x 6 150 30 4 20 1
Slide 8: Clean TeQ Sunrise Is Development Ready
CLEAN TEQ SUNRISE IS DEVELOPMENT READY STUDIES Definitive Feasibility Study completed in June 2018 PERMITS Approved 2.5mtpa project from New South Wales Government WATER Secured 3.2Glpa water allocation INFRASTRUCTURE Road and rail access in place POWER Mains power and gas in close proximity to site
Slide 9: 2018 Definitive Feasibility Study
2018 DEFINITIVE FEASIBILITY STUDY1 OUTSTANDING ECONOMIC AND TECHNICAL OUTCOMES 2 3 1 – Full information regarding the Definitive Feasibility Study is contained in the technical report titled “Sunrise Nickel Cobalt Project, New South Wales, Australia NI 43-101 Technical Report” dated effective 25 Jun
Slide 10: Project Design
PROJECT DESIGN 3D Model of Clean TeQ Sunrise Project Clean TeQ Sunrise | Corporate Update 10
Slide 11: Project Design
PROJECT DESIGN 3D Model of Clean TeQ Sunrise Project Clean TeQ Sunrise | Corporate Update 11
Slide 12: Community and Social Benefits
COMMUNITY AND SOCIAL BENEFITS COMMITED TO SHARING THE BENEFITS WITH LOCAL COMMUNITIES Clean TeQ Sunrise | Corporate Update 12
Slide 13: Indicative Project Schedule
INDICATIVE PROJECT SCHEDULE 2H 2018 2019 2020 2021 CO MP LE TE DE FI NI TI V E CO MME NCE CO MME NCE CO MMI S S I O NI NG FE AS I BI LI TY CO NS TRUCTI O N & RAMP UP S TUDY FINALISE FINANCING AND OFFTAKE CONSTRUCTION FEED EARLY WORKS DE TAI LE D E ARLY W O RKS FI NAL I NV E S TME NT FI RS T E NG I N
Slide 14: Next Steps: Complete Project Financing
NEXT STEPS: COMPLETE PROJECT FINANCING FUNDING STRATEGY MAY INVOLVE PROJECT LEVEL INVESTOR ▪ Discussions ongoing with a range of parties regarding project level investment, including with; ▪ End users ▪ Market intermediaries ▪ Other strategic investors ▪ Strategic investment opportunities may be lin
Slide 15: Next Steps: Secure Project Debt Facility
NEXT STEPS: SECURE PROJECT DEBT FACILITY STRONG BANKING SUPPORT FOR PROJECT DEBT FACILITY ▪ Mandated Lead Arranger (MLA) group appointed November 2017 ▪ Industrial Commercial Bank of China (ICBC) ▪ National Australia Bank ▪ Societe General ▪ Natixis ▪ US$500 million in indicative commitments receive
Slide 16: Next Steps: Finalise Offtake Agreements
NEXT STEPS: FINALISE OFFTAKE AGREEMENTS CONSIDERABLE DEMAND FROM END USERS AND INTERMEDIARIES ▪ Extensive due-diligence is ongoing by a range of parties Maiden offtake agreement in 2017 considering product offtake and/or project level investment ▪ Product samples provided to various participants inc
Slide 17: Next Steps: Commence Project Delivery
NEXT STEPS: COMMENCE PROJECT DELIVERY MCC SELECTED AS A KEY PROJECT DELIVERY PARTNER ▪ Heads of Agreement signed with Metallurgical Corporation of China Ltd. (MCC) in August 2018 ▪ Front-end engineering and design (FEED) to begin in 4Q 2018 ▪ Significant benefits of partnering with MCC include: Fixe
Slide 18: Innovative Wastewater Treatment Solutions
INNOVATIVE WASTEWATER TREATMENT SOLUTIONS Clean TeQ Water | Corporate Update
Slide 19: FY2018 Highlights
FY2018 HIGHLIGHTS ADVANCED DELIVERY OF KEY PROJECTS BUILT A STRONG SALES PIPELINE DEVELOPED OUR CORE TECHNOLOGIES Clean TeQ Water | Corporate Update 19
Slide 20: Oman Project
OMAN PROJECT CONSTRUCTION COMPLETE | AWAITING FINAL COMMISSIONING ▪ Project is being delivered via Multotec Process Equipment Pty Ltd ▪ CIF® treatment treating waste water from a flue gas desulphurisation scrubber ▪ Project is utilising our innovative technology for industrial water recycling and re
Slide 21: Fosterville Gold Mine Project
FOSTERVILLE GOLD MINE PROJECT CURRENTLY UNDER CONSTRUCTION | COMMISSIONING IN 2019 ▪ A$3.5m project DeSALx ® plant to treat mine process water for reuse ▪ Important reference project for Clean TeQ Water Clean TeQ Water | Corporate Update 21
Slide 22: DRC Project
DRC PROJECT CONSTRUCTION HAS COMMENCED ▪ A$2+ million project to design, supply, commission project at base metals plant ▪ Continuous Resin-In-Column (cLX) Ion Exchange technology to treat up to 20 million litres-per-day of a spent copper solution, prior to recycling Clean TeQ Water | Corporate Upda
Slide 23: New Opportunities
NEW OPPORTUNITIES BUILDING A SALES PIPELINE & NEW CAPABILITY ▪ Mobile demonstration unit – utilizing Clean TeQ’s CIF® technology to treat hardness from brines produced by reverse osmosis technology ▪ China laboratory – expanded to provide new in-country capacity ▪ Meili Guotu Cooperative Framework A
Slide 24: Technology Development
TECHNOLOGY DEVELOPMENT Clean TeQ | Corporate Update
Slide 25: Graphene Oxide Membranes
GRAPHENE OXIDE MEMBRANES ▪ Joint venture with Ionic Industries to progress GO-Membrane development ▪ Production demonstrated on commercial scale equipment ▪ GO-Membranes have the potential to deliver significant benefits due to their high water flux, tunability and non- fouling properties GO-Ink Man
Slide 26: Ion Exchange for Lithium Extraction
ION EXCHANGE FOR LITHIUM EXTRACTION ▪ Clean TeQ is investigating the application of ion exchange to extract lithium directly from salar and geothermal brines ▪ Hybrid resins are being tested and developed to understand their efficacy as a lithium adsorbent ▪ Direct extraction using CIF® technology h
Slide 27: Contact Details
P: +61 3 9797 6700 E: info@cleanteq.com W: cleanteq.com Clean TeQ Holdings Limited 12/21 Howleys Rd Notting Hill VIC 3000 AUSTRALIA Clean TeQ
Slide 28: Competent and Qualified Persons Consents
COMPETENT AND QUALIFIED PERSONS CONSENTS The information in this presentation that relates to Mineral Resources is based on information compiled by Mr Lynn Widenbar, a member of the Australasian Institute of Mining and Metallurgy. Mr Widenbar is a full- time employee of Widenbar and Associates. Mr W
Clean TeQ Holdings — Shareholder Meeting (November 2018) on 6ix