Industrial Minerals Limited · ASX:IND
Industrial Minerals — Investor Presentation (April 2023)
18 slides from Industrial Minerals's investor presentation, April 2023
Slide 1: Diversified Industrial Mineral Explorer and Developer
DIVERSIFIED INDUSTRIAL MINERAL EXPLORER AND DEVELOPER WITH A PRIMARY FOCUS ON ASX:IND HIGH PURITY QUARTZ AND industmin.com SILICA SAND
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT This presentation contains summary information about Industrial Minerals Ltd (IND) and is current as of Corporations Act 2001 (Cth)) and the officers, directors, employees, advisers and agents of those 30 November 2022. The information in this presentation is
Slide 3: Why Invest in Industrial Minerals Ltd?
Rigorous and strategic Low capex model with project identification environmentally friendly based on quality, location projects close to key and profitability infrastructure WHY INVEST IN INDUSTRIAL MINERALS LTD? Diverse product Strong product demand streams for domestic leveraged to solar and expor
Slide 4: Defining the High Purity Silica Sand Market
DEFINING THE HIGH PURITY SILICA SAND MARKET Float glass, bottle glass, lab glass, Borosilicate glass (food), solar panels GLASS & optical glass Electronics and optics products HIGH PURITY Foundry, abrasive building products & refractory SILICA SAND INDUSTRIAL USES Sodium silicate, silicon CHEMICAL c
Slide 5: Sand Is a Strategic Resource
SAND IS A STRATEGIC RESOURCE Use of sand resources is ~50 bn metric tons per year, the second most exploited natural resource in the world after water1 China is the largest global importer of sand and is estimated to consume more Silicon has been added to the than 50% of global supply, driven by its
Slide 6: Solar Panel Supply Chain: China Dominates
SOLAR PANEL SUPPLY CHAIN CHINA DOMINATES Share of manufacturing capacity by country & region in 2021: Demand for High Purity Silica Sand is on the rise, driven by PV glass China made up 55% of global solar panel manufacturing capacity Manufacturing Process for Solar PV Panels in 2010, with its share
Slide 7: Project Selection High Purity Silica
PROJECT SELECTION HIGH PURITY SILICA Quality Tier 1 quality HPSS product, >99% SiO2, Low Fe2O3, Ti2O3 & Al2O3, optimum size distribution “Dynamics of the High Purity Silica Sand industry are rapidly changing. Traditional suppliers Location in Asia are depleting Private landholders – extraction of sa
Slide 8: Building a Portfolio of High Purity Silica Sand Projects
BUILDING A PORTFOLIO OF HIGH PURITY SILICA SAND PROJECTS PROXIMITY TO TENEMENT PROJECT NAME AREA (km2) PORT (km) STATUS Stockyard 575.5 155 Granted Bookara 1191.3 50 Granted Narrikup 160.8 40 Granted Mount Lefroy 83.7 85 Granted Arrowsmith East 74.6 105 Granted Mindarra 305.5 125 Granted Unicup 48.1
Slide 9: Mine Ready Stockyard Project
MINE READY STOCKYARD PROJECT Located 4km from the Brand Hwy, and 180km by road to the Geraldton port Private Land Access Agreements in place and Native Title extinguished land Mining Lease M70/1417 granted August 2022 Water Licence Granted and bore established Key Environmental Studies & Environment
Slide 10: Stockyard Project Maiden Mineral Resource Estimate
STOCKYARD PROJECT MAIDEN MINERAL RESOURCE ESTIMATE Indicated and Inferred Mineral Resource of 9.6 million tonnes at 98.9% SiO2 The resource is contained within 1500 Ha of the Stockyard Project and represents <5% of the total landholding Significant resource upgrade and extension potential All key en
Slide 11: Stockyard Project MOU for Offtake
STOCKYARD PROJECT MOU FOR OFFTAKE STAGE 01 STAGE 02 AND POTENTIAL Formal offtake Strategic partnership REFINING agreement for up to agreement with SHST 600,000 metric tonnes for new JV silica Two-stage non-binding MOU per annum of HPSS processing plant for supply and potential refining from Stockyar
Slide 12: Accelerated Exploration Strategy
ACCELERATED EXPLORATION STRATEGY Mining Lease Granted Non- Maiden Exploration Key Mining Project Exploration Binding Mineral Decision Mining to licence Approvals Acquired Target MOU Resource to Mine Commence granted Granted Executed Estimate Milestones: Stockyard Project 2021 Q2 2021 Q3 2021 Q4 2022
Slide 13: Targeting Silica Sand on Farmland: Low Impact, Low Cost Mining
TARGETING SILICA SAND ON FARMLAND LOW IMPACT, LOW COST MINING 13
Slide 14: Opportunity Exploration Projects
OPPORTUNITY EXPLORATION PROJECTS High Purity Silica High Medium Low Strategic Review Sand Exploration – Mullering, Project Priority: Stockyard, Mount Unicup, Jurien Bookara, Lefroy, Quins, Waroona, Arrowsmith Cataby West, Narrikup East, Regans Ford Esperance Mindarra, Gingin 14
Slide 15: Strategic Industrial Minerals Projects
STRATEGIC INDUSTRIAL MINERALS PROJECTS Lake MacLeod Gypsum & Salt Tabba Tabba • Adjacent to Rio Tinto’s Lake MacLeod Gypsum and Salt mining operation • Strategically located in close proximity to Port Hedland • Over 160 historical drill holes have intersected high quality Gypsum • Existing solar mar
Slide 16: Corporate Snapshot
CORPORATE SNAPSHOT 63.5M 13.25M Total Shares on Issue Options on Issue $2.2M $22.1M Cash (31/12/22) Market Cap (0.348c 31/03/23) 61.4% 20% Top 20 Shareholders Board & Management Ashley Pattison Jeff Sweet Alex Neuling Melanie Leighton Non-Executive Chair Managing Director & CEO Non-Executive Directo
Slide 17: Appendix One
APPENDIX ONE Table 1. Stockyard Maiden Mineral Resource Estimate, November 2022 Resource Volume Density Tonnes SiO2 Al2O3 ppm Fe2O3 ppm TiO2 ppm Classification (Million (g/cm3) (Million) % m3) Indicated 2.6 1.57 4.0 98.8 2,488 1,457 2,619 Inferred 3.6 1.57 5.6 98.9 2,837 1,240 2,241 Total 6.1 1.57 9
Slide 18: Contact
CONTACT Unit 38, 460 Stirling Highway Peppermint Grove, WA, 6011 Australia ASX:IND +61 8 6270 6316 admin@industmin.com industmin.com 18
Industrial Minerals — Investor Presentation (April 2023) on 6ix