Renascor Resources Ltd · ASX:RNU
Renascor Resources — Shareholder Meeting (November 2020)
30 slides from Renascor Resources's shareholder meeting presentation, Nov 26, 2020
Slide 1: Annual General Meeting Presentation
Renascor Resources For personal use only Annual General Meeting Presentation 26 November 2020 David Christensen, Managing Director
Slide 2: 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 3: Section 1: Overview
For personal use only Section 1: Overview 3
Slide 4: Company Overview
Company Overview For personal use only Exploration and development company with a portfolio of 100%- owned assets in key minerals districts in South Australia Development assets include Siviour Battery Anode Material Project in South Australia, the second largest reported Proven Reserve of graphite
Slide 5: Highlights
Highlights For personal use only High-upside assets in ✓ Battery anode material - Advanced (DFS-completed) graphite project, progressing finance and offtake South Australia ✓ Gold - Drill-ready, high-grade, near-surface gold prospects in emerging gold province ✓ Second largest reported Proven Reserv
Slide 6: Section 2: Siviour Battery Anode Material Project
For personal use only Section 2: Siviour Battery Anode Material Project 6
Slide 7: 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 consisting of a mine and concentrator plus a For personal use only downstream operation to produce Purified Spherical Graphite (PSG) for sale to anode manufacturers Renasco
Slide 8: Graphite Concentrates are only starting to become a battery mineral
Graphite Concentrates are only starting to become a battery mineral Battery demand is growing at 19% annually (versus 2% for other uses). For personal use only 2028 Battery demand Other demand 2023 758,000 2018 2,049,000 139,000 694,000 666,000 554,000 Current use of Graphite By 2023, battery demand
Slide 9: EV momentum is stronger in market for Purified Spherical Graphite
EV momentum is stronger in market for Purified Spherical Graphite PSG is used exclusively in lithium-ion battery applications and thus provides more direct For personal use only exposure to growth in the EV sector. Purified Spherical Graphite Demand SOUTH AUSTRALIA PSG demand has increased 2.5x from
Slide 10: Renascor's Siviour Graphite Deposit
Renascor’s Siviour Graphite Deposit Global Graphite Proven Reserves (1) Siviour is unique - in both its near-surface, flat-lying For personal use only orientation and its scale as one of the world’s largest graphite Resources ▪ The Siviour deposit was discovered by Renascor in 2016. ▪ The deposit is
Slide 11: Graphite Concentrate feedstock at industry leading costs
Graphite Concentrate feedstock at industry leading costs Graphite Concentrate DFS confirms lowest quartile OPEX For personal use only (Source: Benchmark Mineral Intelligence. See Renascor ASX announcement dated 11 November 2019, p 27) Renascor Resources Ltd | ASX: RNU renascor.com.au 11
Slide 12: Comparative advantage in PSG production
Comparative advantage in PSG production Vertical Integration underpins low cost PSG production. For personal use only ▪ Graphite Concentrate feedstock a significant cost input to the PSG manufacturing process. ▪ Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate feedstock
Slide 13: Battery Anode Material Study financial results
Battery Anode Material Study financial results Low OPEX drives high margins and strong cash generation For personal use only Average annual LOM production of PSG 28,000t Life of mine/project 40 years Start-up capital cost of mine and concentrator A$114m US$79m Start-up capital cost of battery anode
Slide 14: China currently produces 100% of natural Purified Spherical Graphite
China currently produces 100% of natural Purified Spherical Graphite Graphite Concentrate feedstock is obtained both domestically and internationally before being converted For personal use only to PSG and used in China or exported to Japan and South Korea. Emerging Emerging Existing and emerging an
Slide 15: Renascor is a secure alternative source of PSG for anode makers
Renascor is a secure alternative source of PSG for anode makers Renascor offers a viable alternative to Chinese PSG supply through an integrated in-country mine and PSG operation. For personal use only Emerging Emerging Existing and emerging anode markets Renascor to mine and process Graphite Concen
Slide 16: Offtake and finance status
Offtake and finance status Renascor is seeking long term, binding offtake and finance For personal use only agreements with reputable counterparties. ▪ Renascor has executed a non-binding PSG Offtake Agreement covering +30% of production with Chinese anode company Shanxi Minguang New Material Techno
Slide 17: Battery Testing of Siviour PSG
Battery Testing of Siviour PSG Ongoing testing of Siviour PSG demonstrates its suitability for use in battery anodes For personal use only ▪ The addition of silicon in graphite anodes offers the potential to improve the storage capacity of lithium-ion batteries. ▪ Preliminary half-cell trials of Ren
Slide 18: Section 3: Carnding Gold Project
For personal use only Section 3: Carnding Gold Project
Slide 19: Renascor's Carnding Project
Renascor’s Carnding Project Strategically-located and underexplored For personal use only Approximately 20km from Tarcoola gold mine Multiple high priority gold targets identified from shallow drilling over coincident geochemical and magnetic anomalies Prospects are open at shallow depths and along
Slide 20: Central Gawler Craton
Central Gawler Craton Emerging gold province in South Australia For personal use only Area hosts multiple shallow, high-grade gold mines and deposits, including Challenger and Tarcoola gold mines and Tunkillia gold deposit Currently experiencing increased gold activity, including: • Redevelopment of
Slide 21: Soyuz Prospect
Soyuz Prospect High-grade, shallow drill intercepts of up to 16 g/t Au1 For personal use only Coincident 2km by 1km magnetic and gravity anomalies along the northern margin of a Hiltaba-type granite. Within anomalous gold zones defined by, soil leach sampling, limited drilling has intersected signif
Slide 22: Soyuz Prospect: Significant and anomalous gold intersections
Soyuz Prospect Significant and anomalous gold intersections1 For personal use only Several significant and anomalous gold intersections over two cross-sections separated by 100m Gold target zone remains open both at shallow depth and along-strike Significant exploration upside yet to be assessed by
Slide 23: Soyuz Prospect: Untested REE and Uranium anomalies
Soyuz Prospect Untested REE and Uranium anomalies For personal use only present are potential gold pathfinders 1 Initial soil geochemical data show Rare Earth Element (REE) and Uranium anomalies Anomalies are untested to date and offers potential as pathfinder for gold mineralisation Two of the anom
Slide 24: Soyuz Prospect: Large, shallow IP anomaly
Soyuz Prospect Large, shallow IP anomaly along-strike For personal use only from shallow, high-grade drilling1 Induced Polarisation (IP) survey has identified shallow, untested anomalous zone approximately 500m along strike of previous Soyuz drilling. IP target zone is coincident with the Soyuz magn
Slide 25: Other gold prospects
Other gold prospects Multiple untested gold targets in Carnding project For personal use only area1 Drill-ready targets include large calcrete gold geochemical anomalies with coincident magnetic highs : • Sunshine: Limited drilling intersected quartz vein-hosted gold within Challenger host lithology
Slide 26: Section 3: Other Projects
For personal use only Section 3: Other Projects 26
Slide 27: Project pipeline
Project pipeline In addition to Siviour and Carnding, For personal use only Renascor retains a strong exploration position in key South Australian mineral provinces Maree. Binding farm-in agreement with Rio Tinto Exploration on EL 5586, with Renascor retaining 100% of remaining licences. Arno Bay. S
Slide 28: Section 4: Next steps
For personal use only Section 4: Next steps 28
Slide 29: Multiple near-term value drivers
Multiple near-term value drivers Strong cash position ($5.2m as of 30 Sep 20) to fund For personal use only active exploration and development programs ✓ Product qualification tests on Siviour graphite ✓ Offtake and finance developments at Siviour ✓ Infill surface gold sampling at Carding gold targe
Slide 30: Renascor Resources Limited contact details
For personal use only Renascor Resources Limited 36 North Terrace Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU
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