Elementos Limited · ASX:ELT
Elementos — Noosa Mining & Exploration Investor Conference 2021
24 slides from Elementos's conference presentation, Jul 14, 2021
Slide 1: Tin for an Electric Tomorrow
ASX:ELT For personal use only TIN FOR AN ELECTRIC TOMORROW Investor Presentation Noosa Mining & Exploration Investor Conference| July 2021
Slide 2: Cautionary statement
Cautionary statement For personal use only The Updated Economic Study (Study) referred to in this announcement has been undertaken for the purpose of assessing the technical and Statements in this release regarding the Elementos business or proposed business, which are not historical facts, are forw
Slide 3: What metal is most impacted by new technology and electrification?
Q For personal use only What metal is most impacted by new technology and electrification? A Tin - for its use as a solder, an electrical ASX:ELT contact, in batteries and copper alloys. elementos.com.au 3
Slide 4: Tin for an electric tomorrow
Tin for an electric tomorrow Source: Rio Tinto | MIT For personal use only Tin is key electrical contact in ASX:ELT electronic circuits (solder). Plays role in batteries and battery anodes, chemicals and the elementos.com.au humble tin can (tin plate). 4
Slide 5: Tin remains elevated at historic highs in July 2021
Tin remains elevated at historic highs in July 2021 For personal use only • Prices increased this year on the LME Spot Tin Price US$/tonne back of reduced global production, 12 July 2021 declining stockpiles and strong US$33,510 industrial demand particularly for 40K semi-conductors and electronics.
Slide 6: Tin market likely to move into deficits throughout 2020s
Tin market likely to move into deficits throughout 2020s For personal use only • Global refined tin demand is forecast to steadily increase as it Refined Tin ‘000 tonnes1 services the technology revolution (min 1.8%, possibly >3%) 1. 450 • Global refined tin production is forecast to also grow, albe
Slide 7: Tin is now mainstream news
Tin is now mainstream news For personal use only ASX:ELT elementos.com.au 7
Slide 8: Oropesa Tin Project
Oropesa Tin Project For personal use only • Project acquired in 2019 (100%) with more than US$26 million historically invested in project development. • Planned open-cut mining operation and conventional processing facility producing tin concentrates to be shipped to smelters in Europe, North Americ
Slide 9: Definitive Feasibility Study (DFS) commenced
Definitive Feasibility Study (DFS) commenced For personal use only Fast tracking Oropesa’s development ✓ The announced feasibility development programs15 (Metallurgical, Geotechnical, Hydrogeological) are designed • Elementos to deliver a Definitive Feasibility Study (DFS) at to achieving DFS levels
Slide 10: One of the world's highest grade open-cut tin projects
One of the world’s JORC Resources1 highest grade open-cut Measured Indicated Sub Total Inferred Total For personal use only tin projects 0.33 Mt 9.01 Mt 0.53% Sn 9.34 Mt 3.20 Mt 0.52% Sn 12.54 Mt 1.09% Sn 0.55% Sn 0.54% Sn Measured Indicated Sub Total Inferred Total • May 2020 Economic Study 3.6 kt
Slide 11: Feasibility Development Programs
Feasibility Development Programs For personal use only Elementos has commenced The programs will optimise previously identified opportunities, mitigate previously identified risks and generally increase the feasibility development maturity level of engineering for the project. programs, consisting o
Slide 12: Development Plan
Development Plan For personal use only Updated Mineral Resource Estimate Definitive Feasibility Study (DFS) • Completion of Resource Drilling, modelling and estimation • Engineering sufficiently detailed and defined for packaging, contractor pricing, offtake confirmation Feasibility Development Prog
Slide 13: Economic Study (May 2020)
Economic Study (May 2020) For personal use only Oropesa Economic Study follows extensive drilling, geological, geotechnical, feasibility and metallurgical test work programs over more than 10 years. Annual ore feed Annual metal production Tin price Annual gross revenue Gross revenue x 14 years 750,0
Slide 14: Economics Sensitivity
Economics Sensitivity For personal use only 371.7 331.7 Net Present Value 8% 291.7 251.7 214.3 US$370.3m Spot tin price US$33,510/tonne 174.3 (www.lme.com, 12 July 2021) 134.3 94.3 ASX:ELT -50% -40% -30% -20% -10% +10% +20% +30% +40% +50% +60% +70% US$94.3m US$19,750/t -54.3 US$33,510/t -14.4 Tin pr
Slide 15: Potential to be bottom quartile cash cost
Potential to be bottom quartile cash cost For personal use only • Oropesa cash cost compares Cash cost (US$/tonne of tin) Source: International Tin Association favourably against other tin developments around the world. 40,000 • Resource optimisation and drilling program has potential to improve 30,
Slide 16: Cleveland Tin Project
Cleveland Tin Project For personal use only • Cleveland Tin Project (100%-owned) located in mineral rich north- west Tasmania. • Operated as an underground mine by Aberfoyle Resources from 1968 to 1986 – demonstrated mining and metallurgical outcomes. • Significant endowment of tin-copper tailings,
Slide 17: Cleveland Tin Project - Exploration
Cleveland Tin Project - Exploration For personal use only Exploration activities at the • Initial reconnaissance geological confirmation mapping and rock chip sampling in February has confirmed the prospectivity of the untested anomalies which were first Cleveland Project resumed in identified by a
Slide 18: Cleveland Tin Project – 2021 Drilling Program
Cleveland Tin Project – 2021 Drilling Program For personal use only • The company will drill four diamond drill holes (for a total of 1,000m) later this year after final approvals are received. This drilling will test for tin and copper mineralisation along strike and to the northeast of the histori
Slide 19: Five investment catalysts
Five investment catalysts 05 For personal use only Unlock value from the 04 Cleveland Tin Project in Tasmania via drilling and engineering Receive final Oropesa 03 development. environmental and Exploitation License permitting, Completion of Oropesa 02 Definitive Feasibility Study & maiden JORC Ore
Slide 20: Corporate overview
Corporate overview Mark Wellings (Eurotin) 9.1% For personal use only Share price Market capitalisation Directors & $A0.017 $65.6m Management 9 July 2021 9 July 2021 12.5% 52 week high 0.024c, low $0.010c Shares on issue Cash Keo Projects 3,861m $7.56m 2.6% 9 July 2021 31 March 2021 balance and $6.1
Slide 21: Strong Leadership
Strong Leadership For personal use only Our team has extensive experience in the mining and resources sector with vast expertise in project acquisition and Andy Greig Chris Dunks Joe David Non-Exec Chairman Executive Director Chief Executive Officer development. ASX:ELT Andy has 35 years of experien
Slide 22: Strong Leadership
Strong Leadership For personal use only Corey Nolan Calvin Treacy Brett Smith Non-Exec Director Non-Exec Director Non-Exec Director ASX:ELT Corey is an accomplished public Calvin has over 20 years senior Mr Smith has over 30 years’ experience company director whose 30-year career management experien
Slide 23: Disclaimer
Disclaimer For personal use only Forward-looking statements *8 – “Cleveland Tin Project –Exploration Re-Commences” released on 4th March 2021.The Company also confirms that all material assumptions and technical parameters underpinning the estimates in the This document may contain certain forward-l
Slide 24: Get in touch
Get in touch For personal use only Joe David Elementos Limited Level 6, 10 Market Street Chief Executive Officer Brisbane Queensland 4000 0419 187 430 Phone: +61 7 3212 6299 jd@elementos.com.au elementos.com.au
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