Slide 1: Investor Presentation August 2021
ASX:GW1 www.greenwingresources.com For personal use only INVESTOR PRESENTATION AUGUST 2021 1
Slide 2: Important Information
IMPORTANT INFORMATION For personal use only Disclaimer This document has been prepared by Greenwing Resources Limited ABN 31109933995 (the “Company”). It should not be considered as an invitation or offer to subscribe for or purchase any securities in the Company or as an inducement to make an invit
Slide 3: Company Overview
COMPANY OVERVIEW MARKET CAPITALIZATION: For personal use only GRAPHITE o 100% owner operator of the Graphmada Graphite Mining Complex, Madagascar. $24 million* o Exploring the Andapa Graphite Project, Madagascar. NET CASH: LITHIUM $0.5 million* o Exploring the San Jorge lithium brine project, Argent
Slide 4: Strategy
STRATEGY For personal use only To build a fully integrated green metals company with a comprehensive exposure to graphite, lithium and advanced materials as the planet transitions to a lower carbon economy. • Compelling long-term fundamentals emerging in Graphite, Advanced Materials (derived from Gr
Slide 5: Delivery
DELIVERY For personal use only Lithium: Delivery of a brine held resource in the prolific Lithium Triangle at the San Jorge Lithium project in Argentina and a spodumene hosted lithium resource at the Millie’s Reward project in Madagascar. Graphite: To continue to grow the graphite resource, in conju
Slide 6: Strategy: Where critical minerals meet advanced materials
STRATEGY Where critical minerals meet advanced materials For personal use only 6
Slide 7: The Graphite & Lithium Market: A Compelling Opportunity
THE GRAPHITE & LITHIUM MARKET A Compelling Opportunity For personal use only THE IMPORTANCE OF GRAPHITE AND LITHIUM ✓ Graphite and Lithium are Critical Minerals of high strategic importance for advanced materials and battery technologies. ✓ Emerging consensus of looming and sustained supply side def
Slide 8: Lithium
For personal use only LITHIUM 8
Slide 9: San Jorge: Lithium Brine Project, Argentina
SAN JORGE: Lithium Brine Project, Argentina For personal use only • Building a lithium business is a key element of our strategy. • Greenwing has considerable lithium experience at a board level with Chair Rick Anthon involvement in Orocobre from inception and James Brown developing and delivering t
Slide 10: San Jorge: Lithium Brine Project, Argentina
SAN JORGE: Lithium Brine Project, Argentina The San Jorge lithium brine project For personal use only The San Jorge project13, 15 consists of 15 granted Exploration Licenses (EL’s) covering some 36,000 hectares inclusive of the San Francisco Salar which covers some 2,800 hectares. The San Jorge proj
Slide 11: San Jorge: Exploration and Development
SAN JORGE: Exploration and Development For personal use only Tenure Map of the San Jorge lithium brine project Planning an aggressive program for the balance of 2021. The proposed program over the initial six months of exploration will consist of: • A passive seismic geophysical across the salar to
Slide 12: Millie's Reward: Lithium-in-Spodumene Project
MILLIE’S REWARD: Lithium-in-Spodumene Project For personal use only Millie’s Reward Project (100% owned) is a virgin discovery of potentially high-grade pegmatite-hosted lithium project located in central Madagascar. The Project consists of over 200 multiple pegmatite surface occurrences along a str
Slide 13: Millie's Reward: Exploration Success
MILLIE’S REWARD: Exploration Success For personal use only The lithium-bearing spodumene mineralization at Millie’s Reward occurs within pegmatite dikes and sills in the area of greater than 10 meters in thickness and several hundred meters in length. To date the lithium-bearing pegmatites sampled i
Slide 14: Graphite
For personal use only GRAPHITE GRAPHITE 14
Slide 15: Graphite Projects Overview: Graphmada Mining Complex
GRAPHITE PROJECTS OVERVIEW For personal use only GRAPHMADA THE GRAPHMADA MINING COMPLEX ✓ 100% owner of the Graphmada Graphite Mining Complex, located in Eastern Madagascar - a strategic and unique large-flake graphite resource that provides exposure to the growing battery anode, graphene and expand
Slide 16: Low Cost and Rapid Asset Growth
LOW COST AND RAPID ASSET GROWTH For personal use only Cumulative growth in Graphmada’s Mineral Resources1 2022 2021 2019 2017 ? 2016 20.2 Mt 14.3 Mt 9.1 Mt 5.7 Mt 60% 57% 41% ? See footnote 1 at end of presentation. 16
Slide 17: Greenwing Resources: International Footprint
GREENWING RESOURCES: International Footprint For personal use only ✓ 20 months of continuous production and an unblemished sales record. ✓ Greenwing produced and delivered EUROPE concentrates to all concentrate NORTH specifications. AMERICA ✓ Concentrates range Super Jumbo CHINA used for advanced ap
Slide 18: Graphmada Stage 2 Expansion
GRAPHMADA STAGE 2 EXPANSION For personal use only DEVELOPMENT STRATEGY Stage 2 will aim to produce up 40,000 tonnes per annum of premium graphite concentrates • 50% large flake production for advanced material end-use. • 50% targeted to the lithium battery sector. Graphmada clean and commercially pr
Slide 19: Graphmada Stage 2 Expansion
GRAPHMADA STAGE 2 EXPANSION The Company is currently undertaking numerous studies as part of its feasibility of large-scale mining and processing at Graphmada. For personal use only KEY STUDY ITEMS 12 INVESTMENT INCENTIVES HYDRO-ELECTRIC POWER 11 • Viability of low-cost wet ore Feasibility Studies u
Slide 20: Ongoing Exploration Success
ONGOING EXPLORATION SUCCESS Current Graphmada Mineral Resource (JORC 2012). For personal use only Graphmada The Company has recently completed an initial surface exploration program which discovered mineralization of at least 4.5km in strike between the Mahela and Loharano zones (the ‘Mineralized Tr
Slide 21: Graphite Growth Strategy
GRAPHITE GROWTH STRATEGY Scale operations For personal use only Aggressive exploration, resource expansion and Supply high value markets processing expansion studies 4 underway to underpin the Graphmada graphite is uniquely commencement of large hosted in soft ore, allowing for the scale, Stage 2 mi
Slide 22: Advanced Materials
For personal use only MATERIALS ADVANCED 22
Slide 23: Advanced Materials Strategy
Advanced Materials Strategy For personal use only VALUABLE AND PROVEN FEEDSTOCK FOR ADVANCED APPLICATIONS Refractories & Metallurgical 5 Expandables & Fire Retardants 6 Large Flake Graphite Greenwing has consistently produced high value clean and large ✓ Large Flake Graphite ✓ flake graphite concent
Slide 24: Research and Development Initiatives: Material Testing and Qualification
Research and Development Initiatives For personal use only MATERIAL TESTING AND QUALIFICATION Product quality test results as per previous ASX announcements: Tests confirm Concentrates as Industry Benchmark 5 ”Results concluded that the Graphmada concentrates are highly suitable for foundries, cruci
Slide 25: Research and Development Initiatives: Specialty Carbon Composite Technology
Research and Development Initiatives For personal use only SPECIALTY CARBON COMPOSITE TECHNOLOGY Greenwing and Swinburne University have signed a Master Research and Development Agreement4,14 to develop advanced materials using both Expandable Graphite and Graphene from the Company’s premium concent
Slide 26: Indicative News Flow
For personal use only GRAPHITE Indicative • Further regional exploration and drilling at Graphmada • Diamond drilling and Mineral Resource updates • Economic assessment and feasibility studies for Stage 2 expansion News Flow LITHIUM Greenwing has three distinct areas of development it is • Finalize
Slide 27: Corporate Strategy
CORPORATE STRATEGY GRAPHITE LITHIUM ADVANCED MINERALS For personal use only •Provide shareholders with a •100% owner of Graphmada •Transacting on the San Jorge •Strategic alliances and comprehensive exposure to the Mining Complex , a unique and lithium brine project in Argentina, agreements in place
Slide 28: Board of Directors and Senior Management
Appendix For personal use only BOARD OF DIRECTORS RICK ANTHON PETER WRIGHT JEFFREY MARVIN JAMES BROWN Non-Executive Chairman Executive Director Non-Executive Director Non-Executive Director 30 years experience in 20 years experience in 20 years experience in 30 years as a global mining commercial la
Slide 29: Environmental, Social, and Corporate Governance Statement
Appendix For personal use only ENVIRONMENTAL, SOCIAL, AND CORPORATE GOVERNANCE STATEMENT The Board and Management of Greenwing Resources Ltd is committed to ensuring that the Company’s obligations and responsibilities to its various stakeholders are fulfilled through a strong commitment to achieving
Slide 30: Footnotes
1) Reported in accordance with the 2012 Australasian Code for Reporting of Exploration Results, For personal use only Mineral Resources and Ore Reserves (‘the JORC Code 2012’) as per ASX Announcement ‘41% Increase in Graphite Mineral Resource to Advance Plans for Large Scale Mining and Processing Op
Slide 31: Key Risks
KEY RISKS For personal use only Greenwing Resources Ltd (Greenwing) is subject to a number of risk factors both specific to its business and of a general nature. Greenwing’s business, financial condition and the results of its operations could be materially and adversely affected by the occurrence o
Slide 32: Key Risks
KEY RISKS For personal use only Risks to Achieving Production (including increased production) Whilst Greenwing considers there to be a reasonable basis for the production forecasts at its projects, the forecasts are subject to a number of factors, many of which cannot be foreseen and are beyond the
Slide 33: Contact
Peter Wright Executive Director Angus Craig Company Secretary For personal use only Tim McManus Chief Executive Officer PO Box 15048, Brisbane Qld 4000 (07) 3063 3233 CONTACT InvestorRelations@greenwingresources.com www.greenwingresources.com 33