Cadoux Limited · ASX:CCM
Cadoux — FYI Resources — HPA Conference 2022
13 slides from Cadoux's conference presentation, Aug 17, 2022
Slide 1: HPA Strategic Outline
ASX:FYI FSE:SDL OTCQX:FYIRF WWW.FYIRESOURCES.COM.AU Astrologers Fund HPA STRATEGIC OUTLINE August 2022 DEVELOPING A WORLD CLASS INTEGRATED HIGH PURITY ALUMINA (HPA) PROJECT
Slide 2: Cautionary Statement
Cautionary Statement This presentation is for information purposes only. Neither this presentation nor the information contained in Such forward-looking statements are provided as a general guide only and should not be relied on as a it constitutes an offer, invitation, solicitation or recommendatio
Slide 3: Competent Person's Statement
Competent Person’s Statement Ore Reserves Metallurgy The information in this report that relates to Ore Reserves is based on information compiled by Mr. Steve The information in this report that relates to metallurgy and metallurgical test work is based on information Craig, who is a Fellow of the A
Slide 4: Innovative and integrated developer of critical and strategic minerals
Innovative and integrated developer of critical and strategic minerals Developed demonstrated process to produce high purity alumina (HPA) for the growing energy efficiency markets and tech applications Establishing a joint venture with Alcoa to develop and commercialise our HPA process Developing d
Slide 5: Strategic asset and technology; exceptional economics; funded
STRATEGIC ASSET 1 Innovative process based on AND TECHNOLOGY integrated long-life asset EXCEPTIONAL 2 ECONOMICS Developed technology provides outstanding advantages 8% DEMONSTRATED 5 years of extensive R&D, 3 AND DE-RISKED testwork, piloting and marketing * CLEAR DELIVERY 4 PATHWAY Defined 3 phase d
Slide 6: Traditional processing route vs FYI processing route
Traditional processing route – 3 Stage • Complex 3 stage inefficient process design • Large footprint and high carbon emission • CapEx and OpEx intensive • Inconsistent end-product quality • High level of unwanted impurities • Low ESG score • No product provenance / traceability FYI processing route
Slide 7: NPV Summary (post tax)
NPV Summary (post tax) US$6,661 55% 25 YEARS US$202m HPA CASH COST PER TONNE PROJECT IRR DCF PROJECT FORECAST CAPEX ESTIMATE US$186m 3.2 YEARS US$1,014m US$131m 25 YEAR AVG ANNUAL EBITDA PROJECT PAYBACK AFTER-TAX NPV (@ 8%) NET CASH FLOW PER ANNUM 10,000 TPA HPA PRODUCTION US$26,400/-T HPA SALES PRI
Slide 8: Alcoa funding commitment of US$243m of US$250m capital
Alcoa funding commitment of US$243m of US$250m capital • Alcoa signs Terms Sheet with FYI to jointly develop FYI’s innovative long-life / high margin HPA project • Project alignment via joint development leading to Joint Venture Defined 3 phase pathway to • Project equity 65% Alcoa / FYI 35% • Alcoa
Slide 9: Challenges and solutions
CHALLENGES SOLUTIONS TECHNOLOGY FYI has demonstrated the quality of the project through Will FYI’s developed high-quality its extensive R&D and pilot plant studies. In joint 1 process work efficiently, development with Alcoa, project technology and effectively and economically? engineering risks are
Slide 10: FYI and Alcoa have a defined joint HPA off-take market approach
FYI and Alcoa have a defined joint HPA off-take market approach • FYI and Alcoa joint development standard product is to be ultra pure 99.99% (4N) and 99.999% (5N) material with Batteries & Sapphire Glass E-Mobility & Ceramics extremely low deleterious elements • Key markets have been identified and
Slide 11: Global HPA markets growing at ~19.5% CAGR
Global HPA markets growing at ~19.5% CAGR Forecast global HPA demand forecast (tpa) HPA growth in response to global investment in decarbonising, increasing e-mobility (EV’s) and post COVID stimulus incentives New applications and technologies have created increased demand and market opportunities T
Slide 12: An Expert Team and well-defined and structured HPA development strategy
An Expert Team and well-defined and structured HPA development strategy Timing Quality Growth Economics Validation Partners Funded ESG FYI AND ALCOA HAVE THE OBJECTIVE TO BECOME A DOMINANT PARTICIPANT IN THE GLOBAL HPA MARKET 12
Slide 13: Thank You
ASX:FYI FSE:SDL Thank You OTCQX:FYIRF FOR FURTHER DETAILS PLEASE CONTACT: Roland Hill Managing Director info@fyiresources.com.au Unit 8-9, 88 Forrest Street, Cottesloe WA 6011 WWW.FYIRESOURCES.COM.AU