Pt Merdeka Battery Materials Tbk · IDX:MBMA
Pt Merdeka Battery Materials Tbk — Investor Presentation (October 2024)
23 slides from Pt Merdeka Battery Materials Tbk's investor presentation, October 2024
Slide 1: Merdeka Battery Materials Investor Presentation
MERDEKA BATTERY MATERIALS INVESTOR PRESENTATION October 2024 IDX: MBMA I www.merdekabattery.com
Slide 2: Disclaimer
DISCLAIMER The information in this presentation has been prepared by representatives of PT Merdeka Battery Materials Tbk (the "Company") for use in presentations by the Company and does not constitute a recommendation regarding the securities of the Company. No representation or warranty, express or
Slide 3: MBM in Numbers
MBM IN NUMBERS 13.8 Mt contained nickel ~150,000 tonnes p.a. 3.8 $ billion 65 Mt p.a. nickel ore ~300,000 Tonnes p.a. Largest limonite Current contained Current market Target Planned nickel in MHP nickel resource in nickel processing capitalisation mining rate capacity the world LEADING BATTERY MATE
Slide 4: Merdeka Group Portfolio Overview
MERDEKA GROUP PORTFOLIO OVERVIEW Merdeka controls a portfolio of globally significant assets across Indonesia with group mineral resources containing: TUJUH BUKIT COPPER PROJECT Ownership: 100% 36.4Moz 8.5Mt 13.8Mt 1.0Mt SCM MINE Ownership: 51.0% Status: Optimisation studies GOLD COPPER NICKEL COBAL
Slide 5: Corporate Structure
CORPORATE STRUCTURE MBM is supported by reputable Indonesian shareholders via parent company Merdeka Copper Gold (IDX: MDKA) and has established strong strategic relationships with global leaders in the EV battery value chain Other Merdeka Thohir Group Shareholders 5% 44% Other MBM Shareholders IDX:
Slide 6: Major Shareholders
MAJOR SHAREHOLDERS Provident, Saratoga and the Thohir Group have an established history of co-investment with a distinguished track record in building value through multi-billion dollar companies and attracting blue chip international investors Thohir Group • Provident has created and driven the suc
Slide 7: Overview of MBM Assets
OVERVIEW OF MBM ASSETS MBM assets are strategically located in central Sulawesi, Indonesia’s battery materials hub SCM Mine Mineral resource of 1.1 billion dmt containing 13.8Mt of nickel (77% limonite) and 1.0Mt of cobalt HPAL Processing Developing multiple HPAL plants in partnership with leading b
Slide 8: SCM Mine
SCM MINE The SCM Mine was discovered by Rio Tinto in 2000 and is regarded as one of the world’s largest nickel deposits Overview 51% 65Mtpa Multi-decade MBMA Ore production Mine life ownership target Resources 1.1 billion dmt containing 13.8Mt of nickel and 1.0Mt of cobalt Reserves 188 million dmt c
Slide 9: SCM Mine Haul Road
SCM MINE HAUL ROAD MBM owns a dedicated haul road linking the mine site to IMIP facilitating consistent ore delivery Investor Presentation – October 2024 9
Slide 10: SCM Mine – Huayou FPP
SCM MINE – HUAYOU FPP Huayou feed preparation plant, situated within the SCM Mine concession area, and underground slurry pipeline is now operational FPP Area FPP Facilities (camp, warehouse, workshop, office) FPP Area Camp Investor Presentation – October 2024 10
Slide 11: HPAL Development Plan
HPAL DEVELOPMENT PLAN MBM is developing multiple HPAL processing plants in partnership with leading battery material companies HPAL JV MBM ownership Nameplate capacity Target commissioning Location PT ESG New 60% 30ktpa End 2024 Energy Material 12.5% 25ktpa 1H 2025 PT Meiming New Energy Material 67%
Slide 12: PT ESG HPAL Overview
PT ESG HPAL OVERVIEW PT ESG is a brownfield HPAL expansion project, adjacent to QMB, an existing, profitable HPAL plant operated by GEM Project Profile Capital Cost JV Partner Profile ~$600m STAGE 1 STAGE 2 20ktpa +10ktpa +working capital. GEM Nameplate capacity Nameplate capacity committed to cost
Slide 13: PT Meiming HPAL Overview
PT MEIMING HPAL OVERVIEW PT Meiming is an additional HPAL project, located in IMIP, and will be operated in partnership with GEM Project Profile Construction Progress 25ktpa Nameplate capacity (Ni in MHP) HPAL Technology 1H 2025 12.5% Target commissioning MBM Ownership date Project Highlights Ore Su
Slide 14: PT ESG Site Photo
PT ESG SITE PHOTO Construction is advancing ahead of anticipated project commissioning in Q4 2024 Investor Presentation – October 2024 14
Slide 15: RKEF Plants Overview
RKEF PLANTS OVERVIEW Three RKEF plants producing low-cost NPI for the stainless steel and battery material markets Overview 50.1% 88ktpa 2020 MBMA Nameplate capacity Achieved commercial ownership (Ni in NPI) production Product Nickel pig iron containing ~12% nickel Feedstock Saprolite nickel ore at
Slide 16: Nickel Matte Overview
NICKEL MATTE OVERVIEW HNMI produces a high-grade nickel matte product enabling MBM to capture the additional margin to NPI Overview LGNM Facility HNMI 60% 50ktpa 2022 MBMA Avg. production Achieved commercial ownership (Ni in HGNM) production Processing Facility Product High-grade nickel matte contai
Slide 17: AIM Overview
AIM OVERVIEW AIM is a highly strategic asset and is well positioned to benefit from the growth in acid demand expected as additional HPAL plants are constructed at IMIP and across Indonesia Overview 80% 1.2Mtpa 2024 MBMA Acid production Achieved commercial ownership production Product Acid and steam
Slide 18: Capturing the Entire Battery Value Chain
CAPTURING THE ENTIRE BATTERY VALUE CHAIN MBM is a vertically integrated operation with existing, profitable nickel processing facilities and near-term production from HPAL plants to capture the full battery materials value chain Limonite, Acid, SCM Mine AIM Plant Limestone Mine Steam, Limestone 3rd
Slide 19: Corporate Milestones
CORPORATE MILESTONES Further strategic partnerships with world class battery players will result in additional low risk downstream projects Signed a JV Acquired majority Completed the transfer of Completion of haul ZHN achieving full year Other potential agreement with stake in ZHN AIM project from
Slide 20: ESG Is Central to MBM's Long-Term Strategy
ESG IS CENTRAL TO MBM’s LONG-TERM STRATEGY Merdeka is working diligently on its ESG practices and is monitored as a subsidiary of Merdeka, thus the shareholders are aligned to ensure world-class ESG performance MBM’S ESG VISION To be a leading enterprise in the global energy transformation enabling
Slide 21: Investment Highlights
INVESTMENT HIGHLIGHTS GLOBALLY VERTICALLY LONG TERM ESG LEADING BATTERY SUBSTANTIAL SIGNIFICANT INTEGRATED STRATEGY MATERIALS GROWTH AND RESOURCE PARTNERS VALUE CREATION MBM is vertically ESG is central to The SCM mine is one integrated with a MBM’s long-term Strategic partnerships Substantial progr
Slide 22: Experienced Management Team
EXPERIENCED MANAGEMENT TEAM Key Personnel / Biography Track Record Industry Experience Jason Greive Qualified metallurgist with a strong track record in driving value through 30+ years of international mining experience Director and CEO operational improvement Mark Mitchell Qualified chemical engine
Slide 23: Investor Relations Contact
investor.relations@merdekacoppergold.com investor.relations@merdekacoppergold.com www.merdekacoppergold.com www.merdekacoppergold.com
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