Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Shareholder Meeting (November 2019)
27 slides from Alpha Hpa's shareholder meeting presentation, Nov 27, 2019
Slide 1: HPA First Project - 2019 AGM Presentation
ALPHA HPA LTD (ASX: A4N) pene HPA FIRST PROJECT LOW-COST HIGH PURITY ALUMINA (HPA) PRODUCTION TECHNOLOGY FOR THE BURGEONING ELECTRIC VEHICLE (EV) BATTERY & LED MARKETS 2019 AGM PRESENTATION
Slide 2: Forward Looking and Cautionary Statements
Forward Looking and Cautionary Statements Alpha HPA Cautionary Statement The Pre-Feasibility Study (PFS) referred to in this announcement has been undertaken to assess the technical and financial viability of the HPA First Project. Further evaluation work including a Definitive Feasibility Study (DF
Slide 3: 2019 — Highlights
2019 — Highlights PFS Alpha HPA PFS Updated with modified feed — simplified flow sheet and improved financials HPA First Pilot Plant - successfully built and operated Market Outreach — global network of potential customers Market Intelligence — engagement of key battery research groups — US & German
Slide 4: 2019 Highlights: 'HPA First' — Pre-Feasibility Study
2019 Highlights: ‘HPA First’ — Pre-Feasibility Study Alpha HPA = The ‘HPA First’ PFS has delivered a compelling business case, capable of delivering 10,200tpa of 4N (99.99% purity) High-Purity Alumina (HPA) into the burgeoning HPA market = PFS Highlights include: Production rate of HPA Unit cash cos
Slide 5: 2019 Highlights: HPA First Pilot Plant
2019 Highlights: HPA First Pilot Plant SS Hae Shoes tints ait — aoa HPA Pre-Cursor — prior to calcination ~21kg of intermediate Al-Salt produced over a 24hr period
Slide 6: 2019 Highlights: Definitive Feasibility Study
2019 Highlights: Definitive Feasibility Study ™ Nearing completion — final CapEx and OpEx estimates underway Alpha HPA 3D Model - HPA First Commercial Plant
Slide 7: 2019 Highlights: Global Market Outreach
2019 Highlights: Global Market Outreach ™ Global outreach campaign to identify key end-users in the lithium-ion battery supply chain ™ Network of potential end-users to receive Pilot Plant HPA samples for qualification testwork Alpha HPA
Slide 8: 2019 Highlights: Market Intelligence & Technical Collaborations
2019 Highlights: Market Intelligence & Technical Collaborations ™ The role of HPA in the lithium-ion cell is evolving quickly “omnes ™ Alpha HPA has established collaborations with highly regarded battery research laboratories in Germany & the USA ™ German research identifies two exciting new HPA ap
Slide 9: High Purity Alumina (HPA) Market
High Purity Alumina (HPA) Market LATERAL LED CHIP ARCHITECTURE . Alpha HPA HPA demand dominated by: prelectrade = LED market (for sapphire substrates) Contact ver p-GaN layer Aclive layers n-Gan layer Ni HPA \ Pellets Market Demand Powder Mirror layer = Coatings for Lithium-lon Batteries (LiB’s) Con
Slide 10: Global Transportation is Electrifying
Global Transportation is Electrifying Alpha HPA Dramatic EV penetration rates - driven by Govt Regulation The Electric Vehicle (EV) revolution has arrived, underpinned by Government mandated EV targets, led by China and Europe ‘De-carbonisation’ a key investment mega-trend for the I Boar Case decade
Slide 11: HPA — A critical part of the EV/battery revolution
HPA — A critical part of the EV/battery revolution High Purity Alumina (HPA) is the pure form of aluminium oxide (AI,0.). HPA is a pre-cursor LITHIUM-ION BATTERY SEPARATORS Alpha HPA material for the manufacture of ceramic coated Lithium-lon-Battery (Li-B) separators CHARGE CYCLE DISCHARGE CYCLE Cer
Slide 12: HPA Demand 1:1 linked with the Battery Boom
HPA Demand 1:1 linked with the Battery Boom Alpha HPA HPA Demand Outlook (2018-2025) 140,000 I Sapphire Glass 120,000 O® us Separators |_| Phosphor Applications 100,000 Semiconductors 80,000 LED’s 60,000 40,000 = = Ei ~ fi U L 2018 2019 2020 2021 2022 2023 2024 2025 ‘Source: CRU (2018)
Slide 13: High Purity Alumina (HPA) — Price for Purity
High Purity Alumina (HPA) — Price for Purity Alpha HPA = _HPA’s value derives from its physical properties of extreme hardness, high thermal conductivity, and being chemically inert = Purity is determined by the concentration of trace elements in the alumina compound e.g. iron, magnesium, sodium m P
Slide 14: HPA First: Disruptive technology based on the SX process
HPA First: Disruptive technology based on the SX process CHEMICAL COUNTER-PARTY By-Product ALUMINA COUNTER-PARTY Ae an OG: Drying Calcination Milling : ; Aluminium High Purity Solvent Al-salt HPA Alumina (HPA) Extraction Crystallisation — Pre-Cursor Stage Stage
Slide 15: HPA Process technology based on established SX process
HPA Process technology based on established SX process Alpha HPA Mixer-Settler cell - Pilot Plant SX SX Pilot in Operation
Slide 16: Project Site Selection: Strategic Options & Chemical Counterparty
Project Site Selection: Strategic Options & Chemical Counterparty The ‘HPA First’ process allows for the discretionary location of an HPA Plant within an existing industrial zone offering highly favourable logistics Gladstone SDA (QLD), Kwinana (WA) and Newcastle Port (NSW) offer industrial processi
Slide 17: Indicative Project Delivery Timetable
Indicative Project Delivery Timetable = Alpha HPA scheduled to enter production in 2022 Alpha HPA 2019 2020 2021 2022 LESS From To MarQ JunQ SepQ DecQ MarQ JunQ SepQ DecQ MarQ JunQ SepQ DecQ MarQ JunQ SepQ Dec IPRE-CONSTRUCTION Pilot Plant + DFS 1/03/19 31/12/19 EIS 1/04/19 30/06/20 Regulatory Appro
Slide 18: Board & Management
Board & Management ’ Norman Seckold Chairman 40+ years in the full time management of natural resource companies. Past Chairman and Director of listed companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Minerals NL, Palmarejo Silver and Gold Corp.
Slide 19: Corporate Snapshot
Corporate Snapshot Alpna HPA TRADING INFORMATION SHARE PRICE PERFORMANCE ASX CODE A4N oas ‘i No Share Price (26-Nov-19) 15.5¢ as f" 52 week trading range 8.2c - 18.0c Ey , Issued Shares 632.1M = cao ; - CAPITAL STRUCTURE o- Issued Shares 632.1M oz Unlisted options (@15c) 12.0M (expire 31 October 202
Slide 20: Thank You
Norman Seckold Chairman nseckold@alphahpa.com.au Rimas Kairaitis Alpha HPA Managing Director T H A N K Y 0) U rkairaitis@alphahpa.com.au Peter Nightingale Director/Chief Financial Officer pnightingale@alphahpa.com.au Cameron Peacock Investor Relations and Business Development cpeacock@alphahpa.com.a
Slide 21: Appendices
ALPHA HPA LTD (ASX:A4N) Appendices [Se
Slide 22: Demand for HPA — Regions
Appendix 1 Demand for HPA — Regions Demand for HPA is primarily being driven by , separators in lithium ion batteries (Li-B’s), the increasing adoption of LED (Light Emitting Diode) products and scratch resistant artificial sapphire glass for smartphone screens and watches HPA DEMAND BY GEOGRAPHIC R
Slide 23: Supply of HPA
Appendix 2 Supply of HPA EB ina | ry BB North America BD south Korea France Russia Sumitomo Chemicals PERT Hebei Pengda New Material [ATI Sasol EMCI} Zibo Xinfumeng Chemicals [EXIE Baikowski FP 5% s a xR GLOBAL HPA SUPPLY DISTRIBUTION - 2016E Current HPA supply . is concentrated in the Asia Pacific
Slide 24: High Purity Alumina (HPA) Market
Appendix 3 High Purity Alumina (HPA) Market Aloo HPA 4N HPA CONSUMPTION BY APPLICATION (2018) Bio HPA ee MarketDemand Batts Bh ve Bh serine 140,000 sapphire Glass LED and Lithium-lon 20,000 -*Ml_ LB Separators Semiconductor Sorat ero Battery Separator | J | Phosphor Coating Ih ehoephor Appications S
Slide 25: Statement of Compliance
Appendix 4 Statement of Compliance Competent Persons Statement (Process Development Testwork) Information in this announcement that relates to metallurgical results is based on information compiled by or under the supervision of Dr Stuart Leary, an Independent Alpha HPA Consultant trading as Delta C
Slide 26: Modifying Factors
Appendix 5 Modifying Factors Aloha HPA [Study Status [The ‘HPA First’ Pre-Feasibility Study (PS) indicates the project is technically and finanoially viable. The Study was completed by Prudentia Process Consulting, with input from the Company and other specialist consultants. The activities and find
Slide 27: Modifying Factors
Appendix 5 Modifying Factors Aho HPA Financial Project costs have been estimated by Prudentia Process Consultants on the basis below. |CapEx: IThe capital cost estimate is provided at an accuracy level of +30% to -15%. The capital cost estimate has been based on the implementation of an Engineering,