Altius Minerals Corporation · TSX:ALS
Altius Minerals — Global Mining Conference 2022
13 slides from Altius Minerals's conference presentation, 2022
Slide 1: Global Mining Conference 2022
TSX: ALS Global Mining Conference 2022 Renewable Energy | Clean Steel | Potash | Copper | Lithium | Nickel | Cobalt
Slide 2: Forward-Looking Statements
Forward-Looking Statements This document includes certain statements that constitute “forward- Forward-looking statements speak only as of the date those looking statements” and “forward-looking information” within the statements are made. Except as required by applicable law, Altius does meaning of
Slide 3: Diversified Across Sustainability Focused Macro Trends
Diversified Across Sustainability Focused Macro Trends Invested in Sustainable Growth Renewables 13% Coal Copper, Nickel, Lithium and Cobalt are critical metals to the Electrification Transition 7% Cu 27% 2020 “Consensus” Renewable Energy Projects support the Decarbonization of Power Generation Iron
Slide 4: 2021 Highlights and 2022 Outlook and Catalysts
2021 Highlights 2022 Outlook and Catalysts Royalty revenue + net PG equity sales total $100 million Potash fundamentals and prices remain strong into 2022 – royalty price realization expected to continue to rapidly increase and production volumes to improve • Record annual royalty revenue of $83.9 m
Slide 5: Sustainable Business Foundation
Sustainable Business Foundation Long-Life Royalties 38 years 29 years 24 years 22 years 21 years 20 years 15 years 15 years 13 years 13 years 10 years Note 1. Represents NAV-weighted average of top ten assets' underlying mine lives. Based on top ten assets determined by NAV that have two or more dis
Slide 6: Royalty Revenue Growth
Other 2% Power Generation Royalty Revenue Growth Power Generation (coal dominant) 10% (coal dominant) 26% • Structural demand is accelerating for most of our +24% Iron Ore 2020 Royalty Copper 2021 Royalty Copper exposures while supply costs and other challenges 35% 21% Iron Ore Revenue Ni-Zn-Co Reve
Slide 7: Base and Battery Metals
Base and Battery Metals Nickel 2Yr Copper 2Yr $10.00 $5.00 $8.00 $4.00 $6.00 $4.00 $3.00 Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 $2.00 Jan-20 Jul-20 Jan-21 Jul-21 Jan-22 Lithium (China Spodumene) 2Yr $2,000.00 Base Metal Price Leverage 2020 2021 $1,000.00 Copper Price (Average) $2.80 $4.24 Nickel Price (
Slide 8: Potash
Potash Price Realizations Accelerating Approximate one quarter lag in Saskatchewan realized prices relative to average US Midwest benchmark prices 2020 Royalty Revenue: C$ 14.6 million 2021 Royalty Revenue: C$ 19.3 million has been very consistent over past two years $800 $700 US Midwest benchmark i
Slide 9: Iron Ore
Iron Ore High-Purity Focus Iron Ore Iron Ore Iron Quality Oxygen “Impurities” 17% $300.00 Low Quality 58% 25% Iron to Impurities Ratio - 3.4:1 $250.00 ‘Benchmark’ 11% $200.00 $204 62% 27% Quality Iron to Impurities Ratio - 5.6:1 $158 $150.00 $125 6% $100.00 $103 High-Quality 66% 28% Iron to Impuriti
Slide 10: Renewable Energy
Renewable Energy (59% Owner of Altius Renewable Royalties) ▪ US$203M royalty financing deployment ▪ Royalty portfolio increased to 3,510 MW (16 projects) Renewable Energy Megawatts Under Royalty 1 ▪ 6 operating wind and solar projects with 10 in the development pipeline 3,510 MW ▪ Expect to be cash
Slide 11: Project Generation Business
Project Generation Business Royalty Pipeline Growth and Strong Cash Returns PG Junior Equities Portfolio Performance Exploration & Development Pipeline ($16M Net Sales in 2021) $42 Net Monetization Objectiv $56 Current Equities e Starting Equities Value ($MM) $22 Value ($MM) Apr 2016 Dec 2021 PG Jun
Slide 12: Capital Structure and Allocation
Altius Minerals Corporation † Capital Structure and Allocation TSX: ALS | OTCQX: ATUSF Net Debt (Cash-based) Issued Common Shares 41.2 million Fairfax Preferred Securities 10.0 million ($100 million) Annual Dividend $111M $0.28 per share $87M $87M $80M Basic Market Capitalization (Jan 24 2022) $683
Slide 13: Flora Wood, Investor Relations
Producing Project Royalties Generation Development Renewable Energy Royalties Portfolio Flora Wood Director, Investor Relations Phone: (416) 346-9020 Email: flora@altiusminerals.com |13