Renascor Resources Ltd · ASX:RNU
Renascor Resources — Shareholder Meeting (November 2022)
33 slides from Renascor Resources's shareholder meeting presentation, Nov 30, 2022
Slide 1: Annual General Meeting – Managing Director's Presentation
Annual General Meeting For personal use only Managing Director’s Presentation David Christensen 30 November 2022
Slide 2: Section 1: Executive Summary
Section 1: Executive Summary For personal use only
Slide 3: Renascor's Strategy
Renascor’s Strategy We aim to become a global leader in the supply of sustainable, For personal use only 100% Australian-made battery anode material Stage 3 Stage 2 Stage 1 Full Renascor Potential • Further expansion of mine and Purified Spherical Graphite manufacturing capacity Expand Manufacturing
Slide 4: Project Highlights
Project Highlights Renascor’s Competitive Advantages: Electric Vehicle For personal use only Vertically integrated operation to produce uncoated Purified Spherical Graphite (PSG) located growth is wholly within South Australia. World’s 2nd largest Proven Graphite Reserve and largest Graphite Res
Slide 5: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Share Chart – ASX code: RNU Capital Structure For personal use only 0.400 90 Shares on issue (28 Nov 2022) 2,191M 0.350 80 70 Listed Options (28 Nov 2022) 93.5M Volume (Million Shares) 0.300 Share Price (A$/share) 60 0.250 Share price (28 Nov 2022) A$0.31/sh 50
Slide 6: Renascor's Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation within South Australia consisting of a mine, concentrator For personal use only and downstream manufacturing facility to produce Purified Spherical Graphite (PSG) via eco-f
Slide 7: Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market
Section 2: Impact of Lithium-Ion Battery Growth on the Graphite Market For personal use only
Slide 8: Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event
Lithium-Ion Battery Growth is Creating a Paradigm-Shifting Event Electric vehicle adoption is creating unprecedented global demand for batteries. For personal use only Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 20
Slide 9: Anode and Graphite Demand are Directly Linked to Battery Growth
Anode and Graphite Demand are Directly Linked to Battery Growth Graphite is the fundamental raw material in lithium-ion battery anodes. For personal use only EV sales as share of total cars Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 21
Slide 10: Strong Demand Growth for Purified Spherical Graphite
Strong Demand Growth for Purified Spherical Graphite The projected growth rate in the demand for Purified Spherical Graphite will put graphite mining and For personal use only graphite refining under increasing pressure to expand supply to meet demand. EV sales as share of total cars Source: Benchma
Slide 11: Graphite Flake Market Balance Moving to Undersupply
Graphite Flake Market Balance Moving to Undersupply Significant new production is required to meet projected demand for graphite flake concentrates. For personal use only EV sales as share of total cars Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 23
Slide 12: Global Anode Supply is Centered in Northeast Asia
Global Anode Supply is Centered in Northeast Asia China, Japan and South Korea will remain the center of anode production in the near-term before For personal use only expanding over time into European, US and other markets. EV sales as share of total cars Future supply Current Production Future sup
Slide 13: China Currently Controls 100% of the Market for Purified Spherical Graphite
China Currently Controls 100% of the Market for Purified Spherical Graphite All anode producers (including manufacturers in South Korea and Japan) are currently dependent For personal use only on China for Purified Spherical Graphite. Europe Renascor will provide a reliable source of PSG to the glob
Slide 14: Section 3: The Siviour Battery Anode Material Project
Section 3: The Siviour Battery Anode For personal use only Material Project
Slide 15: Prime Australian location offers mine to market supply chain security
Prime Australian location offers mine to market supply chain security The Siviour Graphite Deposit is located in coastal South Australia, with nearby access to major For personal use only highway for delivery to state-of-the-art Battery Anode Material Plant located with 20km of port. Renascor Resour
Slide 16: Section 3-A: Siviour Upstream Mining Operation
Section 3-A: Siviour Upstream Mining For personal use only Operation
Slide 17: The Siviour Graphite Deposit is amongst the world's largest
The Siviour Graphite Deposit is amongst the world’s largest Siviour is the second largest Proven Reserve of graphite globally and the world’s For personal use only largest reported graphite Reserve outside of Africa. Global Graphite Proven Reserve Mineral Resource Estimate (August 2022)1 Category To
Slide 18: Siviour has potential to get even larger
Siviour has potential to get even larger Siviour remains open along-strike to both the north and the southeast. For personal use only Renascor Resources Ltd | ASX: RNU renascor.com.au 30
Slide 19: The Siviour Graphite is unique in its near-surface, flat-lying orientation
The Siviour Graphite is unique in both its near-surface, flat-lying orientation The deposit is flat, shallow and large, resulting in low-cost mining and consequently For personal use only low-cost production of Graphite Concentrate world’s largest reported graphite Reserve outside of Africa. Cross-s
Slide 20: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production For personal use only Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Source: Benchmark Mineral Intelligence. Renascor Resources Ltd | ASX: RNU renascor.com.au 32
Slide 21: Approval of Program for Environmental Protection and Rehabilitation (PEPR)
Approval of Program for Environmental Protection and Rehabilitation (PEPR) Approval of PEPR PEPR approval from South Australian Department of Energy and Mining announced1 For personal use only positions Renascor to Second stage (following previous grant of Mineral Lease2) in South Australia’s tw
Slide 22: Section 3-B: Siviour Downstream Battery Anode Material Operation
Section 3-B: Siviour Downstream Battery For personal use only Anode Material Operation
Slide 23: Downstream site location
Downstream site location Site secured from South Australian Government For personal use only The site is ~20km from South Australia’s main shipping port at Port Adelaide. Close to SA Water’s Bolivar water treatment and industrial complex. 20 hectares site provides sufficient scale to permit both an
Slide 24: Production of Purified Spherical Graphite
Production of Purified Spherical Graphite Purified Spherical Graphite to be produced from Siviour Graphite Concentrates in two-step process. For personal use only Step One: Milling Micronisation and spheronisation using conventional cascading milling equipment. Production of primary spheronised
Slide 25: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical integration underpins low-cost PSG production. For personal use only Graphite Concentrate feedstock is a significant cost input in the PSG manufacturing process Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate f
Slide 26: Battery Anode Material Study Results – Stage 1 PSG Production
Battery Anode Material Study Results – Stage 1 PSG Production1 Low graphite concentrate feedstock costs drives Renascor’s low For personal use only PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual
Slide 27: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials South Australia is a Tier-1 jurisdiction with low sovereign risk and a Socially robust and transparent regulatory framework. For personal use only responsible Mine and concentrator have received regulatory approval following +6 years of
Slide 28: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa For personal use only POSCO: Non-binding MOU with POSCO for the purchase of 20,000tpa to 30,000tpa of PSG. This potentially represents up to 100% o
Slide 29: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Total commitments for up to 200% of current Stage 1 PSG capacity of 28ktpa. For personal use only Minguang: First stage product qualification achieved with Chinese anode company Minguang as part of non-binding PSG Of
Slide 30: A$185 Million Conditional Loan Approval from Australian Government
A$185 Million Conditional Loan Approval from Australian Government For personal use only The Australian Government has conditionally approved a A$185 million loan facility to support the development of the Siviour Graphite Project in South Australia.1 This loan is approved under the Australian Gov
Slide 31: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers Siviour Battery Anode Material Project: Our goal is to For personal use only Optimised feasibility study assessing become one of, expanded production. if not the Resource expansion drilling currently underway. largest, global Advancing to
Slide 32: Forward Looking Statements
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
Slide 33: Renascor Resources Limited contact details
Renascor Resources Limited 36 North Terrace For personal use only Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: 45
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