Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Collerina Cobalt — Investor Presentation (October 2017)
27 slides from Alpha Hpa's investor presentation, Oct 23, 2017
Slide 1: Collerina Cobalt Limited - Mining the Metals of the Future
ASX:CLL ASX: CLL September October2017 2017 Collerina Cobalt Limited Mining the Metals of the Future
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Collerina Cobalt Limited (“Collerina Cobalt” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
Slide 3: Collerina Cobalt Limited (ASX: CLL)
Collerina Cobalt Limited (ASX : CLL) Collerina Cobalt (‘CLL’) is an ASX-listed aluminium-nickel-cobalt company focused on advancing its 100% owned Collerina Project in central NSW. CLL’s vision is to combine its management’s experience in exploration and project develop with proprietary processing t
Slide 4: Corporate snapshot
Corporate snapshot Trading Information ASX Code CLL Share Price (23-Oct-17) 6.4c 52 trading low/high 1.7c-6.9c Issued shares 441.8M Unlisted options (@2c) 10.0M (expire 24 October 2018) Market Capitalisation $28.3M Cash (30-Jun-17) $0.5M Debt - Enterprise Value $27.8M Substantial Shareholders % PT A
Slide 5: Board and management
Board and management Norman Seckold - Chairman 30+ 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 & Gold and C
Slide 6: Technology Metals of the Future
Technology Metals of the Future Why invest in this space? With the increasing adoption of clean, energy efficient technologies such as lithium-ion batteries and LED lighting, CLL sees a strong future demand growth for the Nickel, Cobalt and High Purity Alumina (HPA) products it intends to produce. S
Slide 7: High Purity Alumina (HPA)
High Purity Alumina (HPA) CLL has identified an opportunity to monetise its Aluminium resource by producing a High Purity Alumina (HPA) What is HPA? HPA is a white, granular, powder form chemical that is a pure form of Aluminium oxide (Al2O3) Al2O3 - alumina or aluminium oxide is the primary feedsto
Slide 8: Demand for HPA
Demand for HPA Demand for HPA is primarily being driven by the increasing adoption of LED (Light Emitting Dioxide) products, separators in lithium ion batteries and scratch resistant artificial sapphire glass for smartphone screens and watches. 4N HPA Consumption by Application (2016) ➢ Growth for H
Slide 9: HPA - Pricing for purity
HPA - Pricing for purity ➢ Price and performance of HPA varies upon How Many 9s? product density, particle size and distribution and SGA 99.5% purity ~US$400/t degree of purity. ➢ Purity is determined by the concentration of 3N HPA 99.9% purity ~US$6,000/t trace elements in the alumina compound eg,
Slide 10: Supply of HPA
Supply of HPA ➢ Current HPA supply is concentrated in the Asia Global HPA Supply Distribution -2016E Pacific region (~83%) with China the most prolific producer. 58% 15% ➢ Current production is dominated by large diversified chemical companies where HPA is a 12% non-core product and an immaterial pe
Slide 11: Li-B's are driving cobalt demand
Li-B’s are driving cobalt demand Cobalt is a critical component in the cathode of rechargeable lithium-ion batteries (Li-B’s), playing an important role in improving battery life, energy density and stability of the worlds’ cobalt demand comes from the Li-B market with this ~50% percentage set to gr
Slide 12: Electric vehicles are driving Li-B demand
Electric vehicles are driving Li-B demand Vehicle electrification is recognised as being the biggest growth driver for cobalt use over the next decade...... …. but the electric vehicle revolution has only just begun 2017 Global Electric Vehicles (EVs) surpassed the 2m barrier 15% The forecast CAGR f
Slide 13: Battery costs will underpin EV penetration
Battery costs will underpin EV penetration Batteries with lower cost structures and greater energy densities will drive EV penetration and demand for battery metals Forecast demand for key battery materials….. 1200 …. is highly correlated to expected EV penetration 800 Battery Costs (US$/kWh) Source
Slide 14: Battery chemistries are continually evolving
Battery chemistries are continually evolving Nickel/Cobalt chemistries have superior energy density characteristics making them the preferred battery for use in Electric Vehicles (NMC/NCA) smartphones, laptops and cameras (LCO) Manganese 6% 11% 12% 11% 14% 30% 2% LMO LCO 28% NMC NCA LiMn2O4 LiCoO2 L
Slide 15: Cobalt - the supply equation
Cobalt - the supply equation of global cobalt production results as a by-product of copper and nickel mining meaning future ~95% Cu supply is susceptible to the outlook for these metals Ni of global production comes from the ~56% Democratic Republic of Congo (DRC) of which nearly half if thought to
Slide 16: Cobalt price projection through 2025
Cobalt price projection through 2025 Robust demand fundamentals and a constrained supply-side outlook underpin Cobalt’s recent price rise and positive outlook 90,000 40 LME cobalt prices have stabilised at ~US$55k/tonne (US$25/lb), up 35.01 (f) 35.20 (f) 80,000 from their 5-year average of 33.05 (f)
Slide 17: Collerina Project - NSW Australia
Collerina Project - NSW Australia ➢ The Collerina Project area (EL 6336) covers ~150km2 ➢ The Project area is comprised of 3 main prospect areas: Homeville, Yathella and C1. (Yathella and C1 largely C1 untested). ➢ Homeville has been the focus of past exploration where shallow high-grade Al + Co + N
Slide 18: Located in Australia's tech metals basin
Located in Australia’s tech metals basin Favourably located central NSW A Premier Address ➢ Copper, zinc, gold, silver and scandium projects/mines including Northparkes and Cadia. ➢ Established mining district with highly experienced workforce. ➢ Project located between Cobar and Dubbo, 130km SE of
Slide 19: Collerina Project - metallurgical testwork
Collerina Project - metallurgical testwork Metallurgical testwork to date has been highly encouraging ➢ Previously undertaken testwork on Homeville laterite ore utilising Counter-Current Atmospheric Leaching (CCAL) returned overall nickel recoveries of 90% and cobalt recoveries of 96% with very low
Slide 20: The CCAL / HPA process
The CCAL / HPA process The CCAL process utilises 2 stages of leaching before solvent extraction and refining into High Purity Alumina CCAL - Stage 1 Ore is leached in a lower concentrate free acid solution producing a pregnant leach solution with relatively low residual acidity. The leach residue so
Slide 21: Metallurgical testwork – process flowsheet
Metallurgical testwork – process flowsheet CLL’s proposed process flowsheet utilises a series of proprietary processes capable of delivering multiple high-end specialty product streams CCAL 2 potential high-value revenue streams Ni 89.9% Co 94.1% Al 66.3% Proprietary Proprietary PLS Aluminium Solven
Slide 22: Indicative timetable
Indicative timetable 2-Oct 9-Oct 16-Oct 23-Oct 30-Oct 6-Nov 13-Nov 20-Nov 27-Nov 4-Dec 11-Dec 18-Dec 25-Dec 1-Jan 8-Jan 15-Jan 22-Jan CCAL TESTWORK Generation of Pregnant Leach Solution (PLS) HPA TESTWORK Aluminium Solvent Extraction HPA batch sample Mini-Rig Program* Expected to be concluded by
Slide 23: Collerina Cobalt - a value proposition
Collerina Cobalt - a value proposition CLL presents as a compelling investment opportunity in today’s resources market offering investors exposure to: ➢ A growing aluminium-nickel-cobalt asset favourably located in one of Australia’s most prolific mining jurisdictions. ➢ 3 metals (aluminium, nickel
Slide 24: www.collerinacobalt.com.au
www.collerinacobalt.com.au For further information contact Norman Seckold Chairman nseckold@collerinacobalt.com.au Justin Werner Managing Director jwerner@collerinacobalt.com.au Peter Nightingale Director/Chief Financial Officer pnightingale@collerinacobalt.com.au Cameron Peacock Investor Relations
Slide 25: Appendices
Appendices ▪ Homeville – JORC Resource Summary ▪ Statement of Compliance 25
Slide 26: Homeville - JORC resource summary
Homeville - JORC resource summary JORC Cut-off Tonnes Ni % Co % Fe % Al% Category Grade Millions Ni% Indicated 0.5 6.4 0.87 0.06 21 3.7 0.7 4.4 0.99 0.06 20 3.4 1.0 1.8 1.21 0.05 19 3.0 Inferred 0.5 20.7 0.78 0.05 18 3.0 0.7 11.9 0.91 0.05 18 3.0 1.0 3.1 1.16 0.05 17 2.7 TOTAL 0.5 27.2 0.80 0.05 19
Slide 27: Statement of Compliance
Statement of Compliance Compliance Statement Information regarding the Mineral Resource at the Collerina project was prepared and first disclosed under the 2004 Edition of the ‘Australasian Code for Reporting of ‘Exploration Results, Mineral Resources and Ore Reserves’. See ASX announcement 23 June
Collerina Cobalt — Investor Presentation (October 2017) on 6ix