Slide 1: Developing World Class Projects for the Expanding Graphite Market
DEVELOPING WORLD CLASS PROJECTS FOR THE EXPANDING GRAPHITE MARKET MINING INDABA, CAPE TOWN, SOUTH AFRICA PETER CANTERBURY – MANAGING DIRECTOR OCTOBER 2017 TRITON MINERALS | ASX: TON 1
Slide 2: Triton Minerals Overview
TRITON MINERALS OVERVIEW • World Class Assets - Triton holds a portfolio of advanced projects in Mozambique’s proven graphite region • Near Term Production - DFS confirms robust economics for the flagship Ancuabe project with first production anticipated in H2 2019 • Marketing/Financing - Near-term
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT • Share price increase > 50% in 2017 yet Triton remains Share Price Performance and Daily Volumes undervalued relative to its ASX peer group (Enterprise Value/Contained Graphite) • Strong share market liquidity with average daily volume +2 million shares • Supportive cornerstone i
Slide 4: Mozambique
MOZAMBIQUE A stable mining jurisdiction with a supportive government • Population 29 million, official language Tanzania Portuguese Cabo Delgado • Cabo Delgado is a proven graphite Malawi and producing region Zambia Pemba Montepuez Ancuabe • Mozambique has a mature mining Balama industry, with opera
Slide 5: Mozambique – Cabo Delgado
MOZAMBIQUE – CABO DELGADO Engaged Community with Good Infrastructure and Local Workforce TRITON MINERALS | ASX: TON 5
Slide 6: World Class Portfolio of Graphite Assets
WORLD CLASS PORTFOLIO OF GRAPHITE ASSETS Ancuabe • Flagship project 110 kV • Robust Definitive feasibility study completed Power ANCUABE Container • Development phase underway Port BALAMA • 59% large flake graphite (>180µm), 32% jumbo flake graphite NORTH T12 & T16 (>300µm) • Anticipated first shipm
Slide 7: Ancuabe Project
Ancuabe Project Premium Flake for Expandable Graphite Market • Located in a proven graphite region adjacent to AMG’s Ancuabe graphite mine Infrastructure • Best access to port, power and road infrastructure of all of the East African graphite projects. Only 80km by sealed road to the Port of Pemba.
Slide 8: Ancuabe Project Delivery Phase Underway
ANCUABE PROJECT DELIVERY PHASE UNDERWAY • Definitive Feasibility Study completed December 2017, confirmed Ancuabe is a high quality, long life project with robust economics1: JORC Compliant Ore Reserve of 24.9Mt at 6.2% Total Graphitic Carbon supports the evaluation period of least 27 years1 Unl
Slide 9: Project Overview
PROJECT OVERVIEW TRITON MINERALS | ASX: TON 9
Slide 10: Flowsheet Pilot Plant Tested
FLOWSHEET PILOT PLANT TESTED • Successful pilot plant testing of approx. 8.5 tonnes of core from T12 and T16 completed with results expected in coming weeks • Graphite concentrate product samples available for continued customer acceptance testing TRITON MINERALS | ASX: TON 10
Slide 11: Marketing Activities
MARKETING ACTIVITIES • Non-binding offtake MOU’s signed with: Qingdao Haida Graphite, one of the world’s largest producers of graphite, up to 25% of Ancuabe graphite concentrate production Sinoma, subsidiary of China’s largest building materials company, up to 50% of Ancuabe graphite concentrate
Slide 12: Graphite Is High Profile
GRAPHITE IS HIGH PROFILE The EV Revolution will create unprecedented Expandable Graphite Demand driven by demand for raw materials Environmental and Legislative Changes TRITON MINERALS | ASX: TON 13
Slide 13: Triton's Primary Focus Is Expandable Graphite
TRITON’S PRIMARY FOCUS IS EXPANDABLE GRAPHITE • Graphite is expanded by immersing the natural flake graphite concentrate (usually at a grade of 95% to 99% Total Graphitic Carbon (TGC)), in a bath of acid and oxidising agents, which forces apart the crystal lattice planes • Material is then heated up
Slide 14: Expandable Graphite Demand Drivers
EXPANDABLE GRAPHITE DEMAND DRIVERS Flame Retardant Building Materials (FRBM) • Fire safety is rapidly becoming a global issue in commercial and residential construction • China has recently mandated FRBM in all new buildings and will ban traditional brominate flame retardants in 2018 • Concerns over
Slide 15: Graphite Critical to Battery Production
GRAPHITE CRITICAL TO BATTERY PRODUCTION Industry commentators remain bullish for graphite pricing and Graphite Extending its End Use Applications demand: • Catalyst is Li-ion batteries demand for EV and battery storage – auto majors now entering the industry: “VW will need more than 150GWh of lithiu
Slide 16: Impact for Natural Flake Graphite
IMPACT FOR NATURAL FLAKE GRAPHITE Natural Flake Graphite production will have to at least DOUBLE by 2025 even under conservative EV market forecasts to meet the demand ALONE from Li-Ion Batteries Natural flake graphite demand is directly correlated to Lithium ion battery demand and has much more gro
Slide 17: Chinese Supply Dominance Declining
CHINESE SUPPLY DOMINANCE DECLINING Driven by Environmental Policy & Legislation • Environmental management a key pillar of Chinese Government policy • China’s current 5 year plan sets environmental goals to meet the UN 2030 Agenda for Sustainable Development • Focused on growing car and bus EV capab
Slide 18: Pathway to Production
Pathway to Production Aiming for first production in 2019 Timeline Milestone Anticipated binding agreements with strategic financing/offtake partners Anticipated award of mining concession and environmental approvals Proposed award of major works packages H1 2018 Aim for Board investment dec
Slide 19: Nicanda Hill Project
Nicanda Hill Project One of the World’s Largest Graphite Deposits For The EV Market and a Globally Significant Vanadium Deposit Infrastructure • Approximately 240km by road from Pemba Port Resource •2015 JORC Inferred and Indicated Mineral Resource1 of 1.44Bt at 11.1% TGC and 0.29% V2O5 for 160.3 mi
Slide 20: Lithium Assets Option Agreement
LITHIUM ASSETS OPTION AGREEMENT • Exciting opportunity to build Triton into a commodity and geographically diverse mid-tier resources company • Acquisition may provide access to cashflow from potential royalty streams and increase the Company's attraction to potential financing partners for Ancuabe.
Slide 21: Investment Summary
INVESTMENT SUMMARY World Class Assets High quality graphite from a proven graphite region with excellent infrastructure and stable mining jurisdiction Near Term Production and Robust Economics Ancuabe DFS has demonstrated the project is commercially viable. Nicanda Hill provides JV opportunity for t
Slide 22: Disclaimer and Competent Persons Statement
DISCLAIMER AND COMPETENT PERSONS STATEMENT This presentation has been prepared by Triton Minerals Limited (Triton or the Company) and has been prepared for information purposes only. This presentation contains general and background information about the Company’s activities current as at the date o
Slide 23: Disclaimer and Competent Persons Statement
DISCLAIMER AND COMPETENT PERSONS STATEMENT The Scoping Study referred to in this presentation has been undertaken to determine the potential viability of an open pit mine and graphite processing plant, constructed adjacent to the Ancuabe T12 and T16 deposits, and to reach a decision to proceed with
Slide 24: Thank You
THANK YOU PETER CANTERBURY MANAGING DIRECTOR TRITON MINERALS | ASX: TON 25
Slide 25: Supplementary Information
SUPPLEMENTARY INFORMATION TRITON MINERALS | ASX: TON 26
Slide 26: Graphite Market Price Update
GRAPHITE MARKET PRICE UPDATE • Unlike Lithium and Cobalt - Graphite prices have only just started to move from historical lows • Price rises have occurred over all flake sizes – however supply of large flake high purity graphite is scarce • Are we now seeing the beginning of the growth trend for nat
Slide 27: What's Important for Graphite
WHAT’S IMPORTANT FOR GRAPHITE Carbon purity: Flake graphite concentrates with a greater carbon purity receive a premium price because they require less processing to remove disruptive impurities Mesh size: • Similar to high carbon purity grades, larger mesh sizes demand a premium • Tighter supply co