Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Investor Presentation (October 2018)
20 slides from Andromeda Metals's investor presentation, Oct 3, 2018
Slide 1: Halloysite/Kaolin & High Purity Alumina Development Opportunity
For personal use only Halloysite/Kaolin & High Purity Alumina Development Opportunity October 2018 ASX:ADN 1
Slide 2: Disclaimer
DISCLAIMER For personal use only The information in this presentation is published to inform you about Andromeda Metals Limited (“Andromeda” or the “Company”) and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve ri
Slide 3: Experienced Board & Management
Experienced Board & Management CAPITAL STRUCTURE (30 September 2018) Rhod Grivas Non-Executive Chairman For personal use only Shares on Issue 1,079,361,560 • Geologist with 30 years experience Listed Options ($0.012/sh, exp 30/11/2020 ) 486,280,451 • 18 years of corporate/board experience • Previous
Slide 4: The Andromeda Transformation
The Andromeda Transformation JV with Minotaur Exploration to acquire the Poochera HPA/Halloysite-Kaolin Project in For personal use only South Australia Poochera contains the World Class halloysite-kaolin Carey’s Well Deposit: JORC 2012 Resource of 23.9Mt1 Significantly larger with higher pu
Slide 5: Poochera Project Overview
Poochera Project Overview For personal use only Defined Resource at Carey’s Well One of the world’s largest deposits of its type Extensive Testwork Completed Resource drilling Bulk sampling Pilot plant processing High Purity Alumina analysis Infrastructure Adjacent to Streaky Bay, SA H
Slide 6: What is Halloysite Kaolin?
What is Halloysite Kaolin? Halloysite is a rare ‘tubular shaped’ derivative of kaolin that has a wide A Rare and Valuable form of Kaolin variety of industrial uses For personal use only Main Mature Established Markets Ceramics - Valued product for high-quality porcelain (Approx.$500 - $1000/t) C
Slide 7: Global Opportunities High Purity Alumina
Global Traditional HPA manufacturing is very high cost using refined aluminum metal feed Opportunities The new kaolin feed production process can reduce costs by more than half For personal use only High Purity Alumina Being developed by new entrants Altech Chemicals (ATC), FYI Resources (FYI)
Slide 8: High Purity Alumina (HPA)
High Purity 4N HPA CONSUMPTION BY APPLICATION (2016) Alumina (HPA) For personal use only PRODUCT PURITY PRICE (US$/t) High Purity Alumina (HPA) is 13% 3N HPA 99.9% $6,000 aluminum oxide (Al2O3) powder 4N HPA 99.99% $23,000 with a purity equal or greater than 99.99% 15% 53% 5N HPA 99.999% $50,000
Slide 9: Global Opportunities: Nanotechnology Applications
Global Opportunities Nanotechnology Applications Pure Halloysite For personal use only The Global Innovative Center for Advanced Nanomaterials (GICAN) industry hub at the University of Newcastle is already finding excellent results with Carey’s Well halloysite kaolin in nanotube technology research
Slide 10: Carey's Well Pathway to Production
Carey’s Well Pathway to Production For personal use only Bulk Sampling Extract approx. 200t for full-scale commercial processing trials (wet and dry) Use product for full-scale commercial application trials Lock in legally binding agreements for DSO and processed material Key Actions Charact
Slide 11: Investment Summary
Investment Summary For personal use only The Poochera Halloysite Kaolin Project gives Andromeda an advanced project capable of being advanced rapidly through to operation The project comprises a globally significant resource of high quality product with a lengthy mine life The price of halloysit
Slide 12: Contact Details
CONTACT For personal use only DETAILS James Marsh Managing Director Nick Harding Executive Director Address: 69 King William Road Unley, South Australia P: 08 8271 0600 info@andromet.com.au 12
Slide 13: Appendices
For personal use only APPENDICES 13
Slide 14: Farm-in Deal Proposals
Shared risk/reward on FARMIN DEAL PROPOSALS both projects while limiting For personal use only shareholder dilution Deal delivers Andromeda a cost effective entry into the HPA/Halloysite sector HOA TERMS Minimum Spend within 9 months $400,000 Spend to achieve 51% $3m within 2 years Spend to achieve
Slide 15: Poochera Project & Carey's Well Deposit
POOCHERA PROJECT & CAREY’S WELL DEPOSIT For personal use only JORC 2012 Resource Estimate 23.9Mt of “bright white” kaolinised granite using an ISO Brightness R457 cut-off of 75 for minus 45 micron kaolin product 2018 Total Resource Estimate of 23.9Mt (2012 JORC) The Carey’s Well kaolin Mineral Resou
Slide 16: Carey's Well Streaky Bay Pilot Plant
Carey’s Well Streaky Bay Pilot Plant Ready to Go For personal use only Minotaur spent in excess $5M on geology and product development Pilot plant work demonstrated recovery of ~ 75% kaolin for semi-refined (dry processed) product. A range of halloysite/kaolinite product blends developed and t
Slide 17: Carey Well: Process Flowsheet
CAREY WELL: PROCESS FLOWSHEET For personal use only Short Perfect for Simple low cost Rapid entry to construction resource and operation market time location Mining Stockpiles Lump Breaker Heated Classifier Mill Transport Bagging Operation Product Silo Bag House Filter 17
Slide 18: Simplified HPA Production Route
SIMPLIFIED HPA PRODUCTION ROUTE For personal use only Bauxite Mining Bauxite feedstock Alumina Refinery Smelter grade alumina Smelter grade alumina Aluminium metal (~30% Al) (~99.5% Al) (~99.5% Al) Traditional multi-stage process route using refined aluminium metal VERSUS Aluminium metal Simplified
Slide 19: Camel Lake Halloysite Deposit
Camel Lake Halloysite Deposit Exponential increase in Pure halloysite is extremely rare in the world studies and patents aimed at Current market value up to US$3000/t For personal use only applications of halloysite Only one genuine commercial operation with reducing output due to quality and
Slide 20: Thank You
For personal use only Thank You 20
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