Slide 1: Tin for an Electric Tomorrow
TIN FOR AN ELECTRIC TOMORROW For personal use only Investor Presentation Chris Dunks, Executive Director 7 May 2020
Slide 2: Cautionary statement
Cautionary statement For personal use only The Economic Study (Study) referred to in this announcement has been undertaken for the purpose of assessing the technical and economic actual results, performance or achievements to differ materially from those expressed or implied in any of the forward-lo
Slide 3: Tin for an electric tomorrow
Tin for an electric tomorrow For personal use only Our vision is to become a • New Economic Study shows very strong investment case for Oropesa Tin Project, Spain. major global tin producer. • Oropesa is one of the world’s highest-grade, lowest cost tin projects under development and will be our fir
Slide 4: Tin Project
Oropesa Tin Project For personal use only • The 100% owned Oropesa Project is a simple open- cut mining operation and conventional processing facility producing tin concentrates which would be shipped to smelters in Europe and Asia. • The Andalucian region is home to some of Spain’s most significant
Slide 5: Tin Project Economic study
Oropesa Tin Project For personal use only Economic study Annual ore feed Annual metal production Tin price Annual gross revenue Gross revenue 750,000tpa 2,440tpa US$19,750/t* US$48m x 14 years Project life US$674m *The price is below the 10-year average LME tin price of approximately US$20,500/t. CA
Slide 6: Net present value 8% sensitivity
Oropesa tin project For personal use only Net present value 8% 171.7m 151.7m 131.7m 111.7m 91.7m ASX:ELT -20% -15% -10% -5% 0 +5% +10% +15% +20% 71.7m Net present value 8% 51.7m elelmetnos.com.au US$92m US$19,750/t 31.8m Tin price US$19,750/tonne 11.8m 6
Slide 7: One of the world's highest grade open-cut tin projects
Oropesa tin project For personal use only One of the world’s highest JORC Resources1 31 July 2018 grade open-cut tin projects Measured Indicated Total 0.33 • Economic Study production target derived from 2018 JORC Resource. 1.09% Sn MT 9.01 MT 9.34 MT 0.53% Sn 0.55% Sn • Planned drilling in 2020 to
Slide 8: Simple open-cut mine
Oropesa tin project For personal use only Simple open-cut mine • Drill and blast, truck and shovel operation. • Competitive mining costs of US$21.95/t. • Life-of-mine waste:ore ratio is 11:1 • Capital expenditure minimised by mining contractor model. ASX:ELT elelmetnos.com.au Final design of mine pi
Slide 9: Conventional process flowsheet
Oropesa tin project For personal use only Conventional process flowsheet • Crushing, ore sorting, grinding, sulphide flotation, gravity separation and tin flotation recovery circuit. • Plant capacity is 750,000tpa to produce 2,440t of tin metal. • 76% recovery to a 62% grade tin concentrate. ASX:ELT
Slide 10: Infrastructure
Oropesa tin project For personal use only Infrastructure • Access to low cost power and power lines traverse the project site. • Access to sealed roads to an export port, 185km away. • Experienced local mining workforce. ASX:ELT • Water readily available. elelmetnos.com.au 10
Slide 11: Development Plan
Oropesa tin project For personal use only Development Plan 2020 2021 MAY JUN JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY Preparation of Economic Study & DFS Revised EIS to align to new mine design & submission Drill planning Drilling – resource conversion, ASX:ELT step out exploration, sterilisation
Slide 12: The world needs more tin
The world needs more tin For personal use only Tin is the most in demand • Demand for tin is the most affected because of its use as an electric contact and in battery chemistries. metal for the new energy • Electric vehicles, robotics, renewable energy storage and future. advanced computation – tin
Slide 13: Metals most impacted by new technology
Metals most impacted by new technology For personal use only ASX:ELT elelmetnos.com.au Source: Rio Tinto / Massachusetts Institute of Technology 13
Slide 14: New tin production required
New tin production required For personal use only • Global tin demand is steadily increasing as 400K its services the technology revolution Tin production forecast • Electronics, communications, IT renewable 360K energy, and electric vehicles are all growth Shortfall industries needing tin. TONNES 3
Slide 15: Investment summary
Elementos For personal use only Investment summary Investment summary • Economic Study shows very strong investment case for • Oropesa exploration target estimated at between 35-51mt @ Oropesa Tin Project 0.46 to 0.62% Sn* • Tin has been identified by MIT and Rio Tinto as the metal • Experienced boa
Slide 16: Corporate overview
Corporate overview Mark Wellings (Eurotin) 18.0% For personal use only Share price Market capitalisation $A0.002 6 May 2020 close $5.09m Directors & 52 week high 0.006c, low $0.001c Management 11.7% Shares on issue Cash 2,554m $0.4m Keo Projects 3.4% ASX:ELT 31 March 2020 Andes Investors Performance
Slide 17: Disclaimer
Disclaimer For personal use only Forward-looking statements information or data that materially affects the Mineral Resource, Reserve or Exploration Target information included in the following announcements: This document may contain certain forward-looking statements. Such statements are only pred
Slide 18: Get in touch
Get in touch For personal use only Chris Dunks Elementos Limited Level 6, 10 Market Street Executive Director Brisbane Queensland 4000 Phone: +61 7 3212 6299 0410 435 554 cd@elementos.com.au elementos.com.au