Slide 1: Annual Financial Results and FY2022 Guidance Presentation
Annual Financial Results and FY2022 Guidance Presentation Thursday 26 August 2021 ASX: PLS / BBG: PLS AU
Slide 2: Important Notices
Important Notices Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara” or “Pilbara Minerals” or the “Company”) and is dated 26 August 2021. This document is provided for informational purposes and does not constitute or contain an offer, inv
Slide 3: Important Notices
Important Notices Mineral Resources and Ore Reserves Recipients of this presentation outside Australia should note that it is a requirement of the Australian Securities Exchange listing rules that the reporting of ore reserves and mineral resources in Australia comply with the Australasian Joint Ore
Slide 4: Important Notices
Important Notices No new information – Pilgan Plant and Operation (formerly Pilgangoora Plant and Operation) Information concerning the current mineral resource and ore reserve estimates, production targets and forecast information derived from the production targets (including information relating
Slide 5: It's been a big year for Pilbara Minerals
2021 Annual Financial Results Highlights and FY2022 Guidance It’s been a big year for Pilbara Minerals World’s largest One operation with ASX200 Growth and independent two processing ~$6B market cap diversification lithium operation plants opportunities 5
Slide 6: One operation, two processing plants
2021 Annual Financial Report Results and FY2022 Guidance One operation, two processing plants Targeting expanded production capacity to 560-580,000 tpa spodumene concentrate by mid-CY2022, maximising participation in rapid demand growth • Products: ‐ ~5.5% - 6% Li2O spodumene concentrate ‐ +5% prima
Slide 7: Rapid re-emergence from moderated production
2021 Annual Financial Report Highlights and FY2022 Guidance Rapid re-emergence from moderated production Steady increase in production during second half of FY2021 in response to increasing customer demand. (FY2021 production 281.1kt, FY2021 shipments 281.4kt) 100,000 95,972 90,000 80,000 77,820 77,
Slide 8: FY2021 Production and Sales
2021 Annual Financial Report Results and FY2022 Guidance FY2021 Production and Produced – Shipped – Sales – Sales 281,098 dmt 281,440 dmt $175.8M Spodumene concentrate FY2021 Financial Cash Gross Margin of Unit Cash Operating Cost Result Impacted by: 3 $46.2M 2 $519/dmt CIF China • Improved margin f
Slide 9: Cash Flow Waterfall
2021 Annual Financial Report Highlights Cash Flow Waterfall 1 Cash balance increased by $13.4M to $99.7M at 30 June 2021. Significant cashflow movements: • net $36.0M inflow associated with operating activities (being receipts of $158.6M and costs paid to suppliers and employees of $122.6M); • corpo
Slide 10: FY2022 Guidance
Production and Sales Spodumene Concentrate Forecast production - Forecast shipments - 460-510,000 dmt 440-490,000 dmt Unit Cash Operating Cost FY2022 Guidance Target beyond FY2023 FY2022 A$525-A$575/dmt CIF China (US$395 -US$430/dmt1) Costs are expected to be higher during FY2022 and FY2023 due to e
Slide 11: Upstream expansion strategy
2021 Annual Financial Report Highlights and Guidance Upstream expansion strategy Flexible growth pathway to capture growing demand in the market and increase revenue Spodumene Concentrate SC6 (ktpa) Pilgangoora asset supports: • phased expansion up to and beyond ~1Mtpa in in production capacity • po
Slide 12: A diversified product suite
A diversified product suite Positioning to capture value throughout the entire lithium raw material and chemical supply chain Upstream Midstream Downstream Spodumene Lithium Salts Lithium Fine Concentrate 6% Li20 >35% Li20 Chemicals Pilgangoora Scoping Study e.g. Potential JV Operation with Calix wi
Slide 13: Inaugural BMX auction complete
2021 Annual Financial Report Highlights and FY2022 Guidance Inaugural BMX auction complete First online auction of spodumene concentrate delivers outstanding success Next auction scheduled for 3rd week of September 62 online bids from 17 5 individual groups bid Letter of Credit 10,000 dmt independen
Slide 14: FY21 sustainability initiatives
2021 Annual Financial Report Highlights and FY2022 Guidance FY21 sustainability initiatives • Commence reporting in alignment with Sustainability Accounting Standards Board • Mental health awareness campaign across business and within community FY20 Modern Slavery Statement published Books in Homes
Slide 15: Supporting the global energy transformation
Supporting the global energy transformation Our climate strategy lays the foundation for how we will support global decarbonisation and secure our business for the future Raw material production Sustainable and ethical lithium extraction and processing Initiatives underway: • Ore sorting • Low emiss
Slide 16: Thank you
Thank you Follow us on pilbaraminerals.com.au | ASX: PLS