Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Diggers & Dealers 2024
23 slides from Centaurus Metals's conference presentation, Aug 7, 2024
Slide 1: Unleashing Jaguar: Developing the world's next significant nickel sulphide mine
For personal use only Unleashing Jaguar: Developing the world’s next significant nickel sulphide mine Darren Gordon, Managing Director
Slide 2: Disclaimer
Disclaimer ● This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into
Slide 3: Investment overview
Centaurus Metals Key Asset Jaguar Nickel Sulphide Project Investment overview World-class nickel Resource of 1.2Mt contained nickel For personal use only First quartile capital and FS shows production of operating costs 18.7ktpa of nickel over +18 year mine life Favourable Extremely low carbon infra
Slide 4: Corporate Summary
Corporate Summary 496m Experienced leadership team, clean corporate structure and strong balance sheet with clear a pathway to value A$183m For personal use only growth as project development advances. Shares on issue Market cap at A$0.37 66.3% Highly Experienced Board Top-20 holders ~A$25m Cash (30
Slide 5: Western Gigafactory Development Pipeline
Western Gigafactory Development Pipeline Over ~2,350GWh of capacity growth in the pipeline with ~1,950GWh Ni-based North American & European Gigafactory Pipeline (1) Gigafactory Capacity (GWh) (2) For personal use only Europe North America 3,000 N O 2,500 L L N N 2,000 N N O N 1,500 N N N L N N O N
Slide 6: Brazil – A Tier-1 Mining Location
Brazil – A Tier-1 Mining Location Responsible mining in an emission-friendly jurisdiction For personal use only STRATEGIC MINERALS POLICY ENVIRONMENTAL ROAD MAP TO MINING Recently created to assist in the Approval process clearly defined Well-established mining regulation approval process for strate
Slide 7: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province A Tier-1 global mining province – “land of the giants” For personal use only The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 7
Slide 8: Brazil's Carajás Mineral Province: infrastructure and logistics
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (230kV) grid power runs within 40km of the Project For personal use only ● Brazil’s national power grid runs on +80% renewables ● Low cost, clean power ● Project located 40km north of Tucumã and Ourilândia do N
Slide 9: The New Nickel Sulphide Powerhouse on the ASX
The New Nickel Sulphide Powerhouse on the ASX Positive Feasibility Study a key investment catalyst Ready to go FS complete, Key Environmental Licence issued For personal use only FID targeted for Q2 2025 Scale 18,700tpa Ni production, 18-year life Ore Reserve: 63Mt at 0.73% Ni – 459,200t Ni
Slide 10: Low Operating Costs to Drive Strong Margins
Jaguar – Low Operating Costs to Drive Strong Margins Open pit mining supported by low-cost, low-emission power US$0.035/kWh via 230kV Brazilian national grid powered by renewables Conventional open-cut mining and processing For personal use only US$/lb of Nickel US$/t of ore Cost in Concentrate mill
Slide 11: Low Operating Costs: First quartile AISC
Jaguar – Low Operating Costs to Drive Strong Margins First quartile AISC amongst global operators and developers Life-of-mine AISC of US$3.57/lb (Contained Basis) = US$4.70 Payable Basis For personal use only Low AISC driven by US$0.035/kWh grid power – 100% renewables 11
Slide 12: Long Life with Low Capital Intensity
Jaguar – Long Life with Low Capital Intensity Conventional nickel flotation plant Capital payback of 2.7 years from first nickel concentrate production For personal use only Total Description USD$M Pre-Strip Mining (incl waste for IWL Construction) 67.8 Process Plant 101.0 Tailings and Water Managem
Slide 13: Long Life with Low Capital Intensity: capital intensity
Jaguar – Long Life with Low Capital Intensity First quartile capital intensity amongst global undeveloped projects Pre-production Capex of US$371 million For personal use only Capital Intensity Curve (US$ Pre-Production Capital/tpa Ni payable, 2024 real) Conventional Ni-float plant to be built in es
Slide 14: A Class Leader in GHG Emissions
Jaguar – A Class Leader in GHG Emissions Poised to deliver high-quality, low-emission nickel to global markets Jaguar is currently net sequester of Carbon CO2 footprint forecast to be lower than 94% of global nickel production For personal use only GHG Intensity Curve – Nickel (E1 GHG Emission Metri
Slide 15: A World Class Nickel Deposit
Jaguar – A World Class Nickel Deposit Large-scale Tier-1 Resource with further exceptional growth potential JORC MRE: 138.2Mt @ 0.87% Ni for 1.20 million tonnes of contained nickel For personal use only The highest-grade undeveloped nickel sulphide deposit globally with +1Mt of contained nickel meta
Slide 16: A near surface high-grade opportunity
Jaguar – a near surface high-grade opportunity Optimised mine plan to support early capital payback HIGH-GRADE: 36.1Mt @ 1.49% Ni for 537,900 tonnes of contained nickel (1.0% nickel cut-off ) For personal use only 8.3Mt @ 1.52% Ni for 125,400 tonnes of contained nickel sits less than 100m from surfa
Slide 17: Upside and Growth Opportunities
Jaguar – Upside and Growth Opportunities Improvement opportunities to be pursued ahead of FID Resources of 21.5Mt at 1.46% Ni for 313kt of contained nickel metal sits below the current FS pit designs – strong underground opportunity For personal use only ● Re-optimise and re-schedule the open pits;
Slide 18: Project Funding Overview
Project Funding Overview Centaurus is actively advancing discussions to secure project level equity and debt funding ahead of a Final Investment Decision in Q2 2025 Strategic Partnering & Equity Debt For personal use only • Preliminary engagement with potential partners in recent months has • Debt f
Slide 19: Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline H2/2027 – First Production For personal use only H2/2025-H1/2027 – Construction Phase Q2/2025 – Final Investment Decision - FID Q3/2024 – Definitive Feasibility Study Q1/2024 – Preliminary Licence (LP) Issued Q1/2024 – Mining Lease Application Approved Q2
Slide 20: Key investment takeaways
Centaurus Metals Key Asset Jaguar Nickel Sulphide Project Key investment takeaways World-class nickel Resource of 1.2Mt contained nickel For personal use only Low capital – US$371M FS shows production of First quartile AISC – US$3.57/lb 18.7ktpa of nickel over +18 year mine life Favourable infrastru
Slide 21: Unleashing Jaguar: contact details
For personal use only Unleashing Jaguar: Developing the world’s next significant nickel sulphide mine Authorised for release by Darren Gordon – Managing Director +61 8 6424 8420 : office@centaurus.com.au : Centaurus Metals : @CentaurusMetals
Slide 22: August 2024 MRE & July 2024 Ore Reserve Estimates
Jaguar Nickel Sulphide Project August 2024 MRE & July 2024 Ore Reserve Estimates For personal use only * Within pit limits cut-off grade 0.3% Ni; below pit limits cut-off grade 0.7% Ni; Totals are rounded to reflect acceptable precision; subtotals may not reflect global totals. All oxide material is
Slide 23: Data and references for comparison of global nickel sulphide deposits
Centaurus Data and references for comparison of pre-mined resources of global nickel sulphide deposits and camps For personal use only Pre-Mined Resource MI&I Ni Metal Camp / Deposit Country Deposit Type Resource Date Mt Ore % Ni Mt Norilsk (Talnakh Camp) Russian Federation Low-MgO NiS 31-Dec-19 2,4