Jupiter Mines Limited · ASX:JMS
Jupiter Mines — Euroz Hartleys Institutional Conference 2023
15 slides from Jupiter Mines's conference presentation, Mar 8, 2023
Slide 1: Poised for Growth
For personal use only 1 Poised for Growth March 2023 Euroz Hartleys Institutional Conference | Rottnest
Slide 2: Disclaimer
Euroz Hartleys Institutional Conference | Disclaimer 2 Disclaimer For personal use only This presentation is provided for information purposes only. The information in This presentation may contain forward looking statements that are based on this presentation is in a summary form, does not propose
Slide 3: Jupiter is the largest manganese miner on the ASX, with 49.9% of Tshipi
Euroz Hartleys Institutional Conference | Poised for Growth 3 Jupiter is the largest manganese miner on the ASX, with 49.9% ownership of a Tier 1 manganese mine, Tshipi… For personal use only Ian Murray, Chairman Peter North, NED Share Price Market Cap ex Gold Road MD Safika Resources Co-founder Boa
Slide 4: Tshipi is one of the world's premier manganese mines
For personal use only Euroz Hartleys Institutional Conference | Poised for Growth 4 …Tshipi is one of the world’s premier manganese mines… • World Class Scale: top 5 production volumes • Sustainably Profitable: Low cost producer. Positive cash generation through the cycle • Longevity: 100+ years of
Slide 5: Tshipi is a low risk operation, leading in safety and responsibility
Euroz Hartleys Institutional Conference | Poised for Growth 5 Tshipi is a low risk operation, leading in safety and responsibility… For personal use only 1,025 Safe & Reliable TRIFR (Most Recently Reported) Environmental Focus EMPLOYEES 5.00 1 4.50 4.30 4 World Class Safety Performance Best in Class
Slide 6: With an outstanding production and efficiency track record
Euroz Hartleys Institutional Conference | Poised for Growth 6 … with an outstanding production and efficiency track record… For personal use only Tshipi Production (LHS) & Cash Costs (RHS) 4.0 $2.30 Mined Ore (Mtpa) Mining Cost ($US/dmtu) 3.5 Production , $2.20 3.0 3.7 $2.10 2.5 2.0 $2.00 1.5 $1.90
Slide 7: Supporting significant positive cashflow through the cycle
Euroz Hartleys Institutional Conference | Poised for Growth 7 …supporting significant positive cashflow through the cycle… For personal use only EBITDA vs Mn Price (FOB, 37%) $700 $7.00 EBITDA ($Am) $5.83 $600 Mn Price (4 Yr $6.00 $500 Ave), $4.23 $5.00 $400 $4.18 $4.00 1. Significant positive EBITD
Slide 8: Which has enabled Jupiter to pay a 14% dividend yield since IPO
Euroz Hartleys Institutional Conference | Poised for Growth 8 …which has enabled Jupiter to pay a 14% dividend yield since IPO. For personal use only Jupiter Dividends vs % of current market cap Dividends Paid (A$m) $350 90% % of CUrrent Market Cap 82% $300 80% 70% $250 60% $200 50% $150 40% 30% $10
Slide 9: The manganese market outlook is constructive for growth
Euroz Hartleys Institutional Conference | Poised for Growth 9 The manganese market outlook is constructive for growth, with demand growth and supply contraction expected. For personal use only …due to continuing growth from steel and new demand from 1 More manganese ore supply will be needed… 2 EV b
Slide 10: High growth in battery grade manganese demand
Euroz Hartleys Institutional Conference | Poised for Growth 10 High growth in battery grade manganese demand will contribute to overall manganese demand, while presenting potential downstream opportunities. For personal use only Forecast high growth in demand for …combined with a predominance of …wi
Slide 11: South Africa has the clearest opportunity to increase export volumes
Euroz Hartleys Institutional Conference | Poised for Growth 11 Already the leading manganese supplier, South Africa has the clearest opportunity to increase export volumes… For personal use only Manganese Ore Market Share (% of Global Production, Reserves) 80% 73% Reserves 70% Reserves 60% Clear lea
Slide 12: Significant production and endowment of the major KMF mines
Euroz Hartleys Institutional Conference | Poised for Growth 12 …due to the significant production and endowment enjoyed by the major KMF mines, including Tshipi. For personal use only Mine Production Mine Life Distance from Ownership 1. Significant production: the nine mines (order: South to North)
Slide 13: Jupiter is looking to grow; a new company strategy will be announced soon
Euroz Hartleys Institutional Conference | Poised for Growth 13 With a constructive outlook, Jupiter is looking to grow. A new company strategy will be announced soon. For personal use only Jupiter has a range of organic and inorganic opportunities to grow value. Major Mines in the KMF Jupiter plans
Slide 14: Jupiter's share price is correlated with the manganese price
Euroz Hartleys Institutional Conference | Poised for Growth 14 Jupiter’s share price is correlated with the manganese price. Jupiter is undervalued compared to historical norms. For personal use only Jupiter Share Price since 2018 (Blue Line, LHS) vs Manganese Price (Gold Line, RHS) $0.45 $8.00 Mn P
Slide 15: For more information contact
For personal use only 15 For more information contact: Investor Relations @ Jupiter Investorrelations@jupitermines.com JUPITER MINES LTD | jupitermines.com
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