Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Investor Presentation (September 2021)
19 slides from Pls's investor presentation, Sep 16, 2021
Slide 1: Corporate Presentation
For personal use only Corporate Presentation Thursday 16 September 2021 ASX: PLS / BBG: PLS AU
Slide 2: Important Notices
Important Notices Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara” or “Pilbara Minerals” or the “Company”) and is dated 16 September 2021. This document is provided for informational purposes and does not constitute or contain an offer,
Slide 3: Important Notices: Mineral Resources and Ore Reserves
For personal use only Important Notices Mineral Resources and Ore Reserves Recipients of this presentation outside Australia should note that it is a requirement of the Australian Securities Exchange listing rules that the reporting of ore reserves and mineral resources in Australia comply with the
Slide 4: Important Notices: No new information
For personal use only Important Notices No new information – Pilgan Plant and Operation (formerly Pilgangoora Plant and Operation) In respect of the Pilgan Operation, information concerning the current ore reserve estimates, production targets and forecast information derived from the production tar
Slide 5: It's been a big year for Pilbara Minerals
September 2021 Corporate Presentation It’s been a big year for Pilbara Minerals For personal use only World’s largest ASX200 One operation with Growth and independent ~$6.5B market two processing diversification hard rock lithium cap plants opportunities operation 5
Slide 6: One operation, two processing plants
September 2021 Corporate Presentation One operation, two processing plants For personal use only Targeting expanded production capacity to 560-580,000 tpa spodumene concentrate by mid-CY2022, maximising participation in rapid demand growth • Products: ‐ ~5.5% - 6% Li2O spodumene concentrate ‐ +5% pr
Slide 7: Market Growth
For personal use only Market Growth UK and Europe • World’s largest EV market in 2020 • A market that will be dominated by high- nickel cathode batteries driving lithium hydroxide demand China • EV sales strong • Addressable market growth, domestic China - LFP ‘pack’ technology - Stationary storage
Slide 8: Market Growth: Industry Trends
High-nickel cathode materials monthly production (tonne) Rising demand for materials needed for renewable energy and e-mobility Future demand (2030 and 2050) as a multiple of current demand* For personal use only Market Growth Industry Trends • Spodumene chemical conversion direct to lithium hydroxi
Slide 9: Rapid re-emergence from moderated production
September 2021 Corporate Presentation Rapid re-emergence from moderated production For personal use only Steady increase in production during second half of FY2021 in response to increasing customer demand. (FY2021 production 281.1kt, FY2021 shipments 281.4kt) 100,000 95,972 90,000 80,000 77,820 77,
Slide 10: FY2021 Production and Sales; Financial Result
For personal use only September 2021 Corporate Presentation FY2021 Production and Produced – Shipped – Sales – Sales 281,098 dmt 281,440 dmt $175.8M Spodumene concentrate FY2021 Financial Cash Gross Margin of Unit Cash Operating Cost Result Impacted by: 3 $46.2M 2 $519/dmt CIF China • Improved margi
Slide 11: Cash Flow Waterfall
For personal use only September 2021 Corporate Presentation Cash Flow Waterfall 1 Cash balance increased by $13.4M to $99.7M at 30 June 2021. Significant cashflow movements: • net $36.0M inflow associated with operating activities (being receipts of $158.6M and costs paid to suppliers and employees
Slide 12: Production and Sales: FY2022 Guidance
Production and Sales Spodumene Concentrate Forecast production - Forecast shipments - 460-510,000 dmt For personal use only 440-490,000 dmt Unit Cash Operating Cost FY2022 Guidance Target beyond FY2023 FY2022 A$525-A$575/dmt CIF China (US$395 -US$430/dmt1) Costs are expected to be higher during FY20
Slide 13: Upstream expansion strategy
September 2021 Corporate Presentation Upstream expansion strategy For personal use only Flexible growth pathway to capture growing demand in the market and increase revenue Spodumene Concentrate SC6 (ktpa) Pilgangoora asset supports: • phased expansion up to and beyond ~1Mtpa in in production capaci
Slide 14: Battery Material Exchange (BMX) Summary
September 2021 Corporate Presentation Battery Material Exchange (“BMX”) Summary For personal use only 1 BMX -Inaugural online auction of spodumene concentrate delivers outstanding success 10,000 dmt spodumene 62 online bids from 17 five individual groups bid Letter of Credit concentrate (SC5.5%) ind
Slide 15: Battery Grade Chemicals Price vs Contributing Cost
For personal use only September 2021 Corporate Presentation Battery Grade Chemicals Price (Ex-Works China) vs Contributing Cost 30000 GLX platform designed to efficiently support the ‘spot sales’ market opportunity 25000 Cost/Margin/Price (per tonne LCE) 20000 Sept 2021 BMX Sales price/cost 15000 (L
Slide 16: Current market pricing
September 2021 Corporate Presentation Current market pricing For personal use only On the 29th of July 2021, Pilbara Minerals held its inaugural BMX auction of 10kt SPC 5.5% and achieved a price of US$1,250/dmt (FOB). Equivalent to USD$1,400+/dmt (SC6.0, CFR China basis) 16
Slide 17: A diversified product suite
A diversified product suite Positioning to capture value throughout the entire lithium raw For personal use only material and chemical supply chain Upstream Midstream Downstream Spodumene Lithium Salts Lithium Fine Concentrate 6% Li20 >35% Li20 Chemicals Pilgangoora Scoping Study e.g. Potential JV O
Slide 18: Midstream – JV with Calix; Exploring Value-Added Green Products
September 2021 Corporate Presentation Midstream – JV with Calix (ASX:CXL) Exploring Value-Added Green Products (Lithium Salts) For personal use only Conventional spodumene supply chain: Chemical Plant Battery / Cathode Mine site (converter) maker • Carbon intensive (hard rock concentrator) • Alumino
Slide 19: Thank you.
For personal use only Thank you. Follow us on pilbaraminerals.com.au | ASX: PLS
Pilbara Minerals — Investor Presentation (September 2021) on 6ix