Black Rock Mining Limited · ASX:BKT
Black Rock Mining — Shareholder Meeting (November 2016)
19 slides from Black Rock Mining's shareholder meeting presentation, Nov 30, 2016
Slide 1: Developing the World Class Mahenge Graphite Mine
For personal use only Developing the World Class Mahenge Graphite Mine AGM PRESENTATION 30 NOVEMBER 2016 BLACK ROCK MINING – INDUSTRY LEADING LOW CAPEX, HIGH MARGIN, PUREST GRAPHITE GLOBALLY, MULTI GENERATIONAL MINE www.blackrockmining.com.au 1
Slide 2: Disclaimer
Disclaimer For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe s
Slide 3: Table of Contents
Table of Contents For personal use only 1. Overview 2. Corporate Summary 3. The Opportunity 4. The Project 5. Why Black Rock Mining? 6. 2016 – Laying the PlaYorm 7. 2017 – Execu\on 8. Summary Appendices www.blackrockmining.com.au 3
Slide 4: 1. Overview
1. Overview For personal use only • Black Rock Mining is developing its World Class Mahenge Graphite Project in Tanzania • The Mahenge Project benefits from rela\vely high grades, low strip ra\os, a large resource and very simple metallurgy, allowing long term low cost opera\on and downstream margin
Slide 5: 2. Corporate Summary
2. Corporate Summary For personal use only Board and Management Capital Structure Stephen Copulos (Chairman) Share Price A$0.15 Shares on Issue 323m Ø +30 years experience across a wide range of industries including mining, manufacturing, property, fast food and Quoted Op3ons on Issue 75m hospitalit
Slide 6: 3. The Opportunity
3. The Opportunity For personal use only Current global graphite market size is around 3m tonnes per annum with 40% natural flakes and 60% synthetic graphite. Battery anode market accounted for 100k tonnes in 2015. Many commentators expect this market to grow at over 20% per annum through to at leas
Slide 7: 4. The Project
4. The Project For personal use only The Mahenge Project is located in Tanzania with close proximity to rail infrastructure through to port Ulanzi 60km from Ifakara railhead to the Port of Dar es Salaam Mains power to site – discussions underway for powerline upgrade Cascades Image showing project l
Slide 8: 4. The Project – orebodies
4. The Project – orebodies For personal use only Ulanzi was the subject of the Company´s current Scoping Study. JORC Resource of 162.5m tonnes at 7.8% TGC including a high grade core of 38.7m tonnes at 9.9% TGC*. Ulanzi A project Scoping Study completed in March 2016 provided high level capital cost
Slide 9: 4. The Projects – Mahenge Video
4. The Projects – Mahenge Video For personal use only www.blackrockmining.com.au 9
Slide 10: 5. Why Black Rock Mining?
5. Why Black Rock Mining? For personal use only • Pre production capex of around US$60m for initial Industry Leading production of 50,000 tonnes per annum Low Capex and • Low capex and opex driven by relatively high grades, low Opex strip ratios, simple metallurgy, nearby infrastructure and substant
Slide 11: 5. Why Black Rock Mining?
5. Why Black Rock Mining? For personal use only Green credentials matter for graphite for batteries Access to Hydroelectric High purity 99% power provides zero concentrates result in emission processing lower purifica\on cost Processing CO2 150 purifica(on cost 100 1000 50 500 “Green” 0 Graphite 0 con
Slide 12: 6. 2016 – Establishing the Platform
6. 2016 – Establishing the PlaYorm For personal use only Ø Delivered a World Class discovery. JORC Resource of 162.5m tonnes at 7.8% TGC with a high grade core of 38.7m tonnes at 9.9% TGC Ø Delivered a compelling Scoping Study focussed on Ulanzi completed, showing industry leading low capex driven b
Slide 13: 7. 2017 – Execution
7. 2017 – Execu\on For personal use only Ø Completion of Pre-feasiblity Study focussed initially on Cascades ore given higher grade and likely reduction in pre production capex and operating costs Ø Completion of DFS, detailed engineering and construction drawings to enable mine construction Ø Compl
Slide 14: 8. Summary
8. Summary For personal use only • Black Rock Mining is developing its World Class Mahenge Graphite Project in Tanzania • The Mahenge Project benefits from rela\vely high grades, low strip ra\os, a large resource and very simple metallurgy, allowing long term low cost opera\on and downstream margin e
Slide 15: Further Information
Further Informa\on For personal use only Mr. Steven Tambanis Mr. Gabriel Chiappini Managing Director Director Office: +61 8 9320 7550 Office: +61 8 9320 7550 st@blackrockmining.com.au gabriel@blackrockmining.com.au www.blackrockmining.com.au 15
Slide 16: A. Battery Grade Spherical Graphite
A. Babery Grade Spherical Graphite For personal use only Manufactured by independent facilities in Europe, Japan and USA Ø 99.98% TGC spherical graphite made from conventional processing and acid purification Ø Sector leading >99.999 purities for thermal purification Ø High concentrate and spherical
Slide 17: B. Excellent Expandable Graphite
B. Excellent Expandable Graphite For personal use only Ø Conducted by independent European graphite laboratories and end users Ø Mahenge graphite is highly suitable for expandable graphite applications Ø Up to 580 times expansion ratio for coarse flake, which is superior to current expandable graphi
Slide 18: C. Black Rock Graphite Advantages
C. Black Rock Graphite Advantages For personal use only What is different about our graphite? Ø Mineralisation quality – purer precursor flake Ø Excellent purities 99% TGC from simple flotation alone across size fractions and across all mineralisation types. This is a premium graphite product. Highe
Slide 19: D. Battery flake graphite value chain
D. Babery flake graphite value chain For personal use only Chinese BKT Spherical Spherical Coa3ng Proprietary process. Typically poten3al US$7-12,000/t Coated Japan, Korea and China Spherical Coated spherical Graphite Poten3al to make spherical graphite with a lower overall Coa\ng environmental footp
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