Neometals Ltd · ASX:NMT
Neometals — Investor Presentation (October 2024)
42 slides from Neometals's investor presentation, Oct 11, 2024
Slide 1: Neometals Ltd Capital Raising Presentation
Neometals Ltd Capital Raising Presentation 11 October 2024 Authorised for release by the Board of Neometals Ltd ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 NOT FOR RELEASE OR DISTRIBUTION INTO THE UNITED STATES neometals.com.au
Slide 2: Important Notices and Disclaimer (1/6)
Important Notices and Disclaimer (1/6) Authorisation Not for release to US wire services or distribution in the United States. Neither Neometals, nor its related bodies corporate, officers, their advisers, agents and employees accept any responsibility or liability to any person or entity as to the
Slide 3: Important Notices and Disclaimer (2/6)
Important Notices and Disclaimer (2/6) Summary Information This Presentation is for information purposes only and is a summary only. This Presentation does Before making an investment decision, prospective investors should consider the appropriateness not purport to be all inclusive or to contain al
Slide 4: Important Notices and Disclaimer (3/6)
Important Notices and Disclaimer (3/6) Past Performance Past performance and pro forma historical financial information is given for illustrative purposes These forward-looking statements are also based on information available to Neometals at of the only and should not be relied upon as (and is not
Slide 5: Important Notices and Disclaimer (4/6)
Important Notices and Disclaimer (4/6) Financial Information Neometals Ore Reserves – Competency Statement All financial information in this Presentation is in Australian dollars (A$ or AUD) unless otherwise The information in this Presentation that relates to: stated. • ore reserve estimates for th
Slide 6: Important Notices and Disclaimer (5/6)
Important Notices and Disclaimer (5/6) Foreign Selling Restrictions The distribution of this Presentation in jurisdictions outside Australia may be restricted by law and (i) disclaim all responsibility and liability (including, without limitation, any liability arising from fault, you should observe
Slide 7: Important Notices and Disclaimer (6/6)
Important Notices and Disclaimer (6/6) The Lead Manager and its affiliates and related bodies corporate are full service financial institutions engaged in various activities, which may include (but are not limited to) underwriting, securities trading, financing, corporate advisory, financial advisor
Slide 8: Transaction Overview
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Transaction Overview 01 02 03 Clear Strategy Unique solution & business model De-risking & Growing Revenues Laser focused on successful delivery of Patented processes deliver customers Major delive
Slide 9: Focus
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Focus Commercialising our portfolio of sustainable process technologies to recycle and recover critical materials from high-value waste streams Enable Circular Ensure future • Mercedes-Benz is indu
Slide 10: Neometals' Three Business Units Support the Energy Transition
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Neometals’ Three Business Units Support the Energy Transition We are focused on EU and North America, the 2nd and 3rd largest battery (and waste) producing regions respectively & leveraged to two o
Slide 11: Overview of Neometals
Overview of Neometals ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 NOT FOR RELEASE OR DISTRIBUTION INTO THE UNITED STATES neometals.com.au
Slide 12: Building world-class Lithium-ion Battery (LiB) Recycling Plants
Building world-class Lithium-ion Battery (LiB) Recycling Plants ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 13: Our TAM is a High Growth, High Value Waste Stream
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Our TAM is a High Growth, High Value Waste Stream • Targeting EU (mandatory recycling) & NA markets driven by production scrap, warranty returns and EOL • A 10% market share (~300,000t) in 2040 equ
Slide 14: Recycling technology being commercialised via Primobius JV
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Recycling technology being commercialised via Primobius JV Primobius can supply turn-key recycling plants based on patented highly-efficient, low-cost process Discharging Stations Disassembling Sta
Slide 15: Unique Business Model to Maximise Market Penetration
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Unique Business Model to Maximise Market Penetration • Aim to supply plants to customers rather than compete against them • Up-front plant supply margins – capital-light, lower-risk • Royalty strea
Slide 16: Go-To-Market Strategy
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Go-To-Market Strategy • Delivering flexible business models to meet customers wants (flexibility to match recycling offering to strategy) • Creating solutions to meet customers’ economic, regulator
Slide 17: Mercedes-Benz: Industrial Validation
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Mercedes-Benz: Industrial Validation • Potential long-life relationship with marquee OEM • Mercedes industrial validation to underpin ‘Product Readiness’ and global offer of commercial scale plants
Slide 18: Commercial Pipeline
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Commercial Pipeline • Industrial validation expected to crystallise pipeline of licences and agreements into plant supply orders Non-binding MOU’s • First commercial plant (20,000 tpa) licence issu
Slide 19: Lithium Chemicals
Lithium Chemicals ELi Processing Technology Reed Advanced Materials (“RAM”) 70% Neometals / 30% Mineral Resources Ltd ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 20: ELi Process - Lithium Hydroxide Direct from Brines
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS ELi Process - Lithium Hydroxide Direct from Brines Patented, low-cost solution for converting lithium chloride Estimated Opex Comparison (Conversion to LHM) from brines and minerals directly to lit
Slide 21: Vanadium Recovery
Vanadium Recovery Vanadium Recovery Process Technology 100% Neometals Vanadium Recovery Project 1 - Finland 87% Neometals 11% Critical Metals Ltd 1.1% EIT Raw Materials GmbH ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 22: VRP1 – First Circular Vanadium Development in EU
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS VRP1 – First Circular Vanadium Development in EU Recent EIT Raw Materials equity and option for ≤ 20% at €50M pre-money valuation to fund new project financing process – approved for EIB debt finan
Slide 23: Barrambie Titanium and Gold
Barrambie Titanium and Gold Barrambie Titanium and Gold Project 100% Neometals ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 24: Barrambie Titanium Deposit
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Barrambie Titanium Deposit Tenement maintenance and seeking to divest VTM resources • One of the highest-grade titanium deposits globally • Granted mining lease and approval for 1.2Mtpa mining oper
Slide 25: Corporate
Corporate ASX: NMT | AIM: NMT | OTC: RDRUY | DEU: 9R9 neometals.com.au NOT FOR RELEASE OR DISTRIBUTION INTO THE UNITED STATES
Slide 26: Strong Team
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Strong Team Experienced executives backed by a board of skilled specialists Non-Executive Board Independent Independent Independent Chairman Non-Executive Director Non-Executive Director Steven Col
Slide 27: Corporate Dashboard
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Corporate Dashboard ASX: NMT OTCQX: NMTAY “The decline in battery materials prices over the last 2 years has been challenging, particularly with our strong lithium price correlation. However, the m
Slide 28: Capital Raising Overview
Capital Raising Overview ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 NOT FOR RELEASE OR DISTRIBUTION INTO THE UNITED STATES neometals.com.au
Slide 29: Indicative Commercialisation Plan
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Indicative Commercialisation Plan • Product readiness defined as Primobius offering plant supply packages to third-parties • Primobius must have back-to-back contract with SMS for fabrication, inst
Slide 30: Equity Raising Details
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Equity Raising Details • Equity placement (Placement) to A$4 million and non-renounceable entitlement offer (Entitlement Offer) to raise approximately A$5 million • Approximately 44.44 million new
Slide 31: Capital Raising Sources and Uses of Funds
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Capital Raising Sources and Uses of Funds Neometals plans to raise approximately $9.0M (1) via an equity placement and non-renounceable entitlement offer Sources $M Uses (to 30 June 2025) $M Placem
Slide 32: Indicative Timetable
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Indicative Timetable Equity Placement + Entitlement Offer Date (2024) (1) Trading halt on ASX Wednesday, 9th October Announcement of the Offer (including completion of the Placement) Friday, 11th O
Slide 33: Appendix A Summary of Key Risks
Appendix A Summary of Key Risks ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 NOT FOR RELEASE OR DISTRIBUTION INTO THE UNITED STATES neometals.com.au
Slide 34: Key Risks (1/6)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Key Risks (1/6) Before investing in New Shares, you should consider whether this investment is suitable for you. Potential investors should consider publicly available information on Neometals Limi
Slide 35: Key Risks (2/6)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Key Risks (2/6) The steps that Neometals has taken, and will continue to take, to protect its intellectual property may be inadequate to prevent the misappropriation of its proprietary technology.
Slide 36: Key Risks (3/6)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Key Risks (3/6) Additional Requirements for Capital and Financing Risk Neometals is a technology and Project development group with no regular material commercial revenues that generate free cash f
Slide 37: Key Risks (4/6)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Key Risks (4/6) Environmental Approvals and Health & Safety Compliance Neometals’ Projects, particularly those relating to vanadium recovery and the Barrambie project, are and will be subject to va
Slide 38: Key Risks (5/6)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Key Risks (5/6) Political Risk and Government Regulation Neometals currently has projects in both Europe and Australia, with operational and technical testing being conducted in other jurisdictions
Slide 39: Key Risks (6/6)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS Key Risks (6/6) Government and Legal Risk Changes in government (Australian and foreign), monetary policies, taxation and other laws can have a significant impact on Company assets, operations and
Slide 40: Appendix B International Offer Restrictions
Appendix B International Offer Restrictions ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 NOT FOR RELEASE OR DISTRIBUTION INTO THE UNITED STATES neometals.com.au
Slide 41: International Offer Restrictions (1/2)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS International Offer Restrictions (1/2) This document does not constitute an offer of new ordinary shares (“New Shares”) of the Company No advertisement, invitation or document relating to the New S
Slide 42: International Offer Restrictions (2/2)
NEOMETALS TRANSACTION EXECUTIVE SUMMARY BUSINESS OVERVIEW CAPITAL RAISING KEY RISKS OFFER RESTRICTIONS International Offer Restrictions (2/2) Singapore This document and any other materials relating to the New Shares have not been, and will not be, The New Shares may not be offered or sold in the Un