Heavy Minerals Ltd · ASX:HVY
Heavy Minerals — Australasian Corrosion Association (ACA) Corrosion and Prevention Perth 2023
13 slides from Heavy Minerals's conference presentation, Nov 13, 2023
Slide 1: Australasian Corrosion Association (ACA) Corrosion and Prevention Perth 2023
ASX : HVY Australasian Corrosion Association (ACA) Corrosion and Prevention Perth 2023
Slide 2: Important Notice
Heavy Minerals Limited (ASX:HVY) Important Notice: This presentation has been prepared by Heavy Minerals Limited and its related entities (the “Company”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Com
Slide 3: Capital Structure
Capital Structure2 Retail 35.65% Directors 11.60% ASX CODE SHARES ON ISSUE2 SHARE PRICE2 HVY 57.6M $0.9 Remaining Top 20 MARKET CAP2 DEBT2 52.75% CASH1 $6.05M $0.253M nil 1 at 30th September 2023, 2 at 10th November 2023 3
Slide 4: The Board & Executive
The Board & Executive Adam Schofield Aaron Williams Greg Jones Andrew Taplin Dip (MechEng) B Comm, MBA, B App Sc (Geol - Hons), FAusIMM B Eng (Mech), MBA, GAICD Chairman AMPP Certified Coatings Inspector Non-Executive Director CEO Non-Executive Director Mr. Schofield is a mining Mr. Jones has over 2
Slide 5: Heavy Minerals Limited (ASX:HVY)
Heavy Minerals Limited (ASX:HVY) Heavy Minerals Limited (HVY) is an Industrial Minerals Developer and Explorer with Projects adjacent to world Industrial Garnet Zircon Titanium Dioxide class deposits in pro-mining jurisdictions •Western Australia – Port Gregory Project: JORC (2012) Mineral Resource
Slide 6: Why is Almandine Garnet in High Demand?
Why is Almandine Garnet in High Demand? Superior hardness (7.5 Mohs), Density (SG4.1+) and Low Friability - High quality surface finish means better coating adhesion - High productivity & low abrasive consumption = lower costs Environmental, social and governance - Low nuisance dust generated during
Slide 7: Port Gregory Garnet Project: Indicative Annual Tonnage & Sieve Analysis Results
Port Gregory Garnet Project: Indicative Annual Tonnage & Sieve Analysis Results Preliminary results indicate Heavy’s Port Gregory Garnet Project is a globally significant Garnet deposit Furthermore, the sieve sizes are expected to result in large annual tonnage of the ‘in-demand’ 20/40 mesh and 30/6
Slide 8: Mining & Processing is as simple as it gets!
Mining & Processing is as simple as it gets! 8
Slide 9: Market Opportunities for Almandine Garnet
Supply and Demand Fundamentals: Market Opportunities for Almandine Garnet A story of global garnet supply coming off and prices increasing Garnet Market Analysis • Indian, Australian and USA supply and production challenges have materially impacted global supply • Geo-political USA-China tensions bo
Slide 10: The Port Gregory Garnet Project
The Port Gregory Garnet Project Low Capex – $110m NPV8 - $253m1 Finance Payback 4.2 years IRR - 33%2 FCF - $588m3 Atradius (Dutch Sovereign Wealth Fund) Letter of Funding Support for project funding Export Finance Australia engagement Proven and simple mining & processing Technical Rapid project dev
Slide 11: Competitor Analysis and Garnet End Users – Global Production
Competitor Analysis and Garnet End Users – Global Production Global Users and potential direct Customers Blasting Water Jet 11
Slide 12: Summary
Summary • Near term production anticipated from the Port Gregory Project (2026-2027) • Strong overall financial metrics, especially FCF post tax expected following first production creating opportunities for further investment and early shareholder earnings • Funding options for Port Gregory constru
Slide 13: Aaron Williams
Aaron Williams Non-Executive Director Phone: (08) 9481 0389 Email: info@heavyminerals.com www.heavyminerals.com
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