Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Investor Presentation (March 2017)
20 slides from Waratah Minerals's investor presentation, March 2017
Slide 1: Corporate Presentation, March 2017
Corporate Presentation, March 2017 1
Slide 2: The Green Energy Storage Revolution is Now
The Green Energy Storage Revolution is Now • BAT is at the forefront of this 21st Century energy disruption • Purified Spherical Graphite (PSG) is the key component for Lithium Ion (“Anode”) Batteries (LiB’s) • PSG was previously predominantly derived from synthetic (manufactured) graphite …but this
Slide 3: Anodes for Lithium-Ion Batteries
Anodes for Lithium-Ion Batteries • Battery Minerals Limited (“Battery”, ASX:BAT) is an Australian listed public company which aims to be a major producer of purified spherical graphite (“PSG”) for use as anode material in lithium-ion batteries (“LIBs”) • LIBs are common in home electronics and are a
Slide 4: Impact of the Booming Market
Impact of the Booming Market • Tesla Model 3 to be released in mid 2017, • Mercedes, BMW, Audi, Volkswagen are all retail price of US$36,000. There are slated to release new EVs in 2017/2018 >400,000 paid deposit orders already • China, Japan and Korean Government • The battery unit in each Tesla Mo
Slide 5: Market for LIBs
Market for LIBs • Lithium-ion battery (LIB) market expected to grow from US$10bil to +US$60Bil in the next 10 years LIB materials market is expected to make up +US$30bil of this number, up from US$1bil in 2016 Rapid growth in electric vehicles (eg Tesla) and home storage/ grid storage (renewable
Slide 6: Company Overview
gl BATTERY ~~ Company Overview
Slide 7: Corporate Overview
Corporate Overview ASX: BAT Share Price 0.14 Daily Volume Traded On-Market Daily Close Price - BAT 12 Shares on issue: 426M Millions 0.12 10 Market capitalisation: ~$47M (2) Daily VolumeTraded On-Market 0.10 8 Close Price (A$/share) 0.08 Cash at bank: $9.7M (1) 6 0.06 4 0.04 Current share price: $0.
Slide 8: Highly Experienced Board & Management
Highly Experienced Board & Management Many decades of exploration, development and production experience David Flanagan Management Team Non Executive Chairman - BSc WASM David Riekie • 25 years resources industry experience in Australia, Africa and Asia General Manager - Corporate • Experienced ASX
Slide 9: Mining & Processing of Spherical Graphite
Mining & Processing of Spherical Graphite 9
Slide 10: Pathway: Flake to Coated Spherical Graphite
Pathway: Flake to Coated Spherical Graphite • BAT understands how to mine and process graphite to create a product suitable for the booming LIB market • Vertical integration captures downstream profit margins Graphite Flake Graphite Concentrate Spherical Graphite Purified/Coated SG Anode ready spher
Slide 11: Process Flowsheet
Process Flowsheet Mining & Export Processing of Spherical Graphite 11
Slide 12: PFS/DFS Process Pathway
Process Pathway Output from mine site Two products generated from Two products generated ex-mine (Mozambique) downstream processing (USA) 60,000t Sold to flake market S C E N AR I O S C O N TEM PL ATE D B Y R E C E N T 100,000t ≈20,000t AS S U M E D 96% TGC 99.95% TGC coated $7,500/T spherical graph
Slide 13: Mine Location & Infrastructure Benefits
Mine Location & Infrastructure Benefits • Two graphite projects located in the Cabo Delgado province of Mozambique in East Africa • Significant graphite export operations/ capacity • Excellent logistics: only 260km to Pemba port via existing roads • Modern mining act and pro-mining government • Stab
Slide 14: Summary of Consolidated Study
Summary of Consolidated Study PFS on PSG *** DFS on Montepuez Graphite Project *** -20,000t of 99.99% PSG -100,000 tonnes of 96% purity graphite Annual production -20,000t recarburiser product concentrate Life of Mine (LoM) net revenue US$4,903 million US$2,156 million LoM cash generation US$1,558 m
Slide 15: Significant Value Enhancement Opportunities
Significant Value Enhancement Opportunities BAT has already identified a range of value enhancement opportunities • Demonstration plant in 2017 will enable refinement of study inputs: – Significant sample tonnage will enable a greater refinement of processing costs – Project is highly leveraged to t
Slide 16: Significant Upcoming Milestones to Drive Value
Significant Upcoming Milestones to Drive Value • The next 12-24 months contains some significant milestones for BAT DFS on Balama Graphite Project Full Scale PSG Processing Plant Construction Undertaken Mine Construction Commences at Montpuez Project Long Lead Time Development Items Acquired for Mon
Slide 17: Montepuez Ore Reserves and Mineral Resources
Montepuez Ore Reserves and Mineral Resources • Ore Reserve Estimate January 2017 for Buffalo and Elephant deposits is 41.4Mt @ 8.80% TGC for 3.64Mt of graphite reported at a cut-off grade of 4% TGC (see note below) • Total Mineral Resource January 2017 for Buffalo and Elephant deposits is 105.9Mt @
Slide 18: Montepuez Mineral Resource Statement
Montepuez Mineral Resource Statement ELEPHANT RESOURCE @ 2.5% TGC cut-off - January 2017 Contained Contained Tonnes TGC V2O5 Classification Type Graphite V2O5 Mt % % Mt Kt Weathered 7.80 7.70 0.19 0.60 15.00 Indicated and Inferred Unweathered 59.40 7.50 0.19 4.50 114.00 Total 67.20 7.50 0.19 5.10 12
Slide 19: Disclaimer & Competent Persons Statement
Disclaimer & Competent Persons Statement Forward Looking Statements Study have not materially changed since first same form and context, until the consent is reported, pursuant to ASX listing rule 5.19. withdrawn or replaced by a subsequent report and • Statements and material contained in this acco
Slide 20: Cherie Leeden, Managing Director
Cherie Leeden Managing Director Battery Minerals Limited E: cherie.leeden@batteryminerals.com W: www.batteryminerals.com 20
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