Neometals Ltd · ASX:NMT
Neometals — TZMI Congress 2020
23 slides from Neometals's conference presentation, Nov 2, 2020
Slide 1: Barrambie - Waking the Sleeping Giant
For personal use only BARRAMBIE - WAKING THE SLEEPING GIANT TZMI Congress 2020 November 2020 ASX Code: NMT OTC/Nasdaq Intl: RDRUY
Slide 2: Disclaimer
DISCLAIMER Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information about the Company and its associated entities and their activities current as at the date of this document. The information contained in this document is of
Slide 3: Neometals innovatively develops opportunities in minerals and advanced materials
Neometals innovatively develops opportunities in minerals For personal use only and advanced materials essential for a sustainable future • ASX-listed project developer • Focus on minerals & materials for EV and energy storage sectors • 4 core projects with partners and Nickel exploration via Mt Edw
Slide 4: Neometals project portfolio
Lithium-Ion Battery Recycling Project (Feasibility Stage, For personal use only 50:50 Incorporated JV) Vanadium Recovery Project (Pre-Feasibility Stage, option to form 50:50 Incorporated JV) Lithium Refinery Project Vanadium Recovery (Feasibility Stage, MOU LiB Recycling for 50:50 Incorporated JV) B
Slide 5: Chinese titanium industry structural changes present Neometals with a strategic opportunity
Chinese titanium industry structural changes present For personal use only Neometals with a strategic opportunity • For environmental and economic reasons China is transitioning to feedstocks suitable for Chloride Pigment production • Preference for high grade feedstocks such as synthetic rutile, hi
Slide 6: The Opportunity: Growing Chinese Demand for Feedstocks Suitable for Chloride Pigment
THE OPPORTUNITY: GROWING CHINESE DEMAND FOR FEEDSTOCKS SUITABLE FOR CHLORIDE PIGMENT For personal use only Source: Source: TZMI August 2020 Forecast *Jazan smelter has capacity of 500ktpa TiO2 slag 6
Slide 7: The Solution: Wake the Sleeping Giant
For personal use only THE SOLUTION WAKE THE SLEEPING GIANT Barrambie Titanium and Vanadium Project 100% Neometals Owned 7
Slide 8: Barrambie Overview
BARRAMBIE OVERVIEW Globally one of the highest-grade hard-rock titanium assets For personal use only • 100% owned • Tier 1 jurisdiction • Granted mining lease • EPA approval • >A$30M spent to date in exploration / evaluation (inc. 55,000m of drilling) • Established a large resource base • Evaluated
Slide 9: The Solution: Wake the Sleeping Giant
THE SOLUTION: WAKE THE SLEEPING GIANT For personal use only Barrambie by Ore Body Size* (Mt) Barrambie Contained Metal* (Mt) *Please refer to ASX announcement 17 April 2018 titled “Updated Barrambie Mineral Resource Estimate” 9
Slide 10: Solution 1: Beneficiation in Australia - Pyromet Refinery in China
SOLUTION 1: BENEFICIATION IN AUSTRALIA – PYROMET REFINERY IN CHINA For personal use only Schematic Barrambie Development 10
Slide 11: Solution 1: Smelt Barrambie Fe/V/Ti Concentrate in China
SOLUTION 1: SMELT BARRAMBIE FE/V/TI CONCENTRATE IN CHINA For personal use only Pig Iron 11 11
Slide 12: Solution 2: Potential Reductive Roast Alternative
SOLUTION 2: POTENTIAL REDUCTIVE ROAST ALTERNATIVE For personal use only Schematic Barrambie Development Reductive roast reduces vanadium level in titanium slag and creates additional options for processing high vanadium iron concentrate 12 12
Slide 13: Solution 2: Potential Reductive Roast Alternative
SOLUTION 2: POTENTIAL REDUCTIVE ROAST ALTERNATIVE For personal use only 13 13
Slide 14: The Strategy: Secure Strong Partner
THE STRATEGY: SECURE STRONG PARTNER For personal use only Conditional MOU signed for 50:50 operating JV with leading Ti-V Research Institute IMUMR • IMUMR has Chinese national mandate to develop upstream supply chains for strategic industries. China is half of global titanium pigment production • IM
Slide 15: Next Steps
NEXT STEPS: For personal use only • Complete bench scale testwork and financial modelling of the final two flow sheets (NMT) • Select final flowsheet (NMT/IMUMR) • Complete scale up work/ demonstration plant on selected flowsheet (IMUMR) • Complete development studies (NMT/IMUMR) 15
Slide 16: For personal use only
For personal use only Structural changes in Narrowing focus to final Chinese titanium market flowsheet selection presents opportunity Large and high grade resource Mining licence in Tier 1 jurisdiction Consistent strategy - partnering to reduce risks and realise returns
Slide 17: Neometals Corporate Overview
For personal use only NEOMETALS CORPORATE OVERVIEW 17
Slide 18: Corporate Dashboard
CORPORATE DASHBOARD ASX: NMT OTC:RDRUY Neometals For personal use only Shares on Issue1 m 545.4 Share Price (30-Oct-20) A$ 0.19 12 Month Share Price Performance Market capitalisation A$m 106.3 (30-Oct-20) 0.30 12,000 Cash (30-Sep-20) 2 A$m 76.6 Debt A$m - 10,000 Investments 0.25 A$m 7.3 (est 30-Sep-
Slide 19: Appendix: Barrambie Mineral Resource and Reserve Estimates
For personal use only APPENDIX BARRAMBIE MINERAL RESOURCE AND RESERVE ESTIMATES 19
Slide 20: Appendix - Mineral Resource and Ore Reserve Estimate
APPENDIX – MINERAL RESOURCE AND ORE RESERVE ESTIMATE For personal use only 20
Slide 21: Barrambie Mineral Resource Estimate
BARRAMBIE MINERAL RESOURCE ESTIMATE For personal use only Global Mineral Resource as at 17 April 20181 Classification Tonnes (M) TiO2 (%) V2O5 (%) Indicated 187.1 9.61 0.46 Inferred 93.0 8.31 0.40 Total 280.1 9.18 0.44 High Grade V2O5 Mineral Resource at (0.5% V2O5 cut-off)2 Classification Tonnes (M
Slide 22: Barrambie Ore Reserve Estimate
BARRAMBIE ORE RESERVE ESTIMATE For personal use only Barrambie Project Ore Reserve Estimate 22 May 20192 Ore Reserve Ore Tonnes (M) V2O5 (%) TiO2 (%) Category Probable 39.9 0.78 15.1 Cut-off based on 0.6% V2O5 cut-off (prior to dilution) and net value (revenue minus selling, processing, administrati
Slide 23: Barrambie Mineral Resource and Ore Reserve Estimate - Competent Person Attribution
BARRAMBIE MINERAL RESOURCE AND ORE RESERVE ESTIMATE For personal use only Competent Person Attribution The information in this report that relates to the Barrambie Mineral Resource estimates is extracted from an ASX Announcement dated 17 April 2018 (see ASX Announcement “Updated Barrambie Mineral Re