Renascor Resources Ltd · ASX:RNU
Renascor Resources — South Australian Resources & Energy Investment Conference 2017
27 slides from Renascor Resources's conference presentation, May 23, 2017
Slide 1: ASX Release: Presentation to SA Resources & Energy Investment Conference
ASX: RNU ASX RELEASE For personal use only May 23, 2017 Renascor Resources Ltd ABN 90 135 531 341 Presentation to the South Australian HEAD OFFICE 36 North Terrace Kent Town, SA 5067 Resources & Energy Investment Australia Conference CONTACT T: +61 8 8363 6989 F: +61 8 8363 4989 Attached please find
Slide 2: Siviour: a Tier-1 Graphite Deposit in Australia?
Renascor Resources Limited ASX code: RNU For personal use only Siviour: a Tier-1 Graphite Deposit in Australia? David Christensen Presented to the South Australian Resources & Energy Investment Conference 23 May 2017
Slide 3: Important notices
Important notices For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso
Slide 4: Highlights
Highlights For personal use only Scoping Study demonstrates Siviour’s potential to become a Tier-1 graphite mine Globally competitive NPV10 (after-tax): AU$551m/US$408m OPEX: AU$450/US$333 per tonne Payback: 1.7 years Product price: AU$1,420/US$1,051 per tonne Location South Australia offers graphit
Slide 5: Scoping study overview
Siviour scoping study For personal use only Study overview Flake graphite production plant Product produced and containerised on site Road transport to Port Adelaide Indicated Resource 20-year mine life using only Indicated Resource Conventional mining Standard graphite flowsheet design Non-chemical
Slide 6: Scoping study results compare favourably to other graphite developments
Scoping study results For personal use only . . . that compare favourably to other graphite developments globally Source: Company reports on economic studies of flake graphite projects Renascor Resources 5
Slide 7: Scoping study results: Competitive project economics
Scoping study results For personal use only Competitive project economics . . . Annual graphite concentrate 123,000 production (tonnes per annum) Process plant throughput (tonnes 1,650,000 High NPV per annum) LOM average feed grade (TGC) 8.1% NPV10 (after tax) AU$551m US$408m IRR (after tax) 59% Low
Slide 8: Scoping study results -- OPEX
Scoping study results -- OPEX For personal use only Siviour’s flat laying orientation underpins a low cost of production . . . Renascor Resources 7
Slide 9: Scoping study results -- OPEX breakdown
Scoping study results -- OPEX For personal use only Siviour’s flat laying orientation underpins a low cost of production . . . AU$/ tonne of US$/ tonne of Area AU$/year US$/year concentrate concentrate Mining and technical services 14.4m 117 10.7m 87 Processing and power 27.9m 224 20.6m 166 General
Slide 10: OPEX among the lowest of global graphite developments
Scoping study results -- OPEX For personal use only . . . that is among the lowest of global graphite developments Note: Cash cost of production (FOB) per tonne of product Source: Company reports on economic studies of flake graphite projects Renascor Resources 9
Slide 11: Why graphite in Australia?
Why graphite in Australia? For personal use only Graphite market needs secure supply China dominates current supply Significant emerging production from Africa Renascor aims to provide secure supply from Australia Source: Company data, Macquarie Research, November 2015 Renascor Resources 10
Slide 12: Siviour – South Australia: historical graphite corridor
Siviour – South Australia For personal use only Located centrally in an historical graphite corridor Siviour graphite deposit, showing location and nearby graphite deposits Renascor Resources 11
Slide 13: Optimal location for development and production
Siviour – South Australia For personal use only Optimal location for development and production Favourable jurisdiction South Australia Supportive government Freehold land Infrastructure Established ports Highway -- 10km Power – 14k from main grid Established workforce Whyalla (23,000), Port Lincoln
Slide 14: The Siviour graphite deposit
The Siviour graphite deposit For personal use only Siviour has rapidly transitioned from discovery to development Acquisition: Renascor has an option to acquire 100% of company holding Siviour at definitive feasibility stage by issuing 22% of shares in listed vehicle Current upgraded JORC Resource (
Slide 15: The Siviour Mineral Resource is already large
The Siviour graphite deposit For personal use only The Siviour Mineral Resource is already large and remains open along-strike at shallow depths Contained Mineralisation Category TGC graphite (Mt) (Mt) Indicated* 51.8 8.1% 4.2 Inferred* 21.8 7.6% 2.2 Total* 80.6 7.9% 6.4 Siviour Indicated Resource o
Slide 16: Global scale: largest graphite deposit in Australia
Siviour – global scale For personal use only Siviour is the largest graphite deposit in Australia . . . Renascor Resources 15
Slide 17: Global scale: among the largest graphite projects in the world
Siviour – global scale For personal use only . . . and is among the largest reported graphite projects in the world . . . Renascor Resources 16
Slide 18: Global scale: ample scope to expand
Siviour – global scale For personal use only . . . and offers ample scope to expand Siviour Indicated Resource over AEM conductive zones Renascor Resources 17
Slide 19: Metallurgy: unique in the region
Siviour – metallurgy For personal use only Scoping Study level metallurgical testing has established Siviour as unique in the region . . . Particle size Forecast Flake Distributio price (FOB category Microns Mesh n US$) Jumbo >300 +48 2,100/t 8% 180 to -48 to Large 1,450/t 25% 300 +80 150 to -80 to
Slide 20: Metallurgy: concentrates competitive with largest graphite resources
Siviour – metallurgy For personal use only . . . offering potential to produce concentrates competitive with largest graphite resources in the world . . . Renascor Resources 19
Slide 21: Flowsheet: conventional non-chemical, non-thermal
Siviour – flowsheet For personal use only . . . with conventional (non-chemical, non-thermal) flowsheet Renascor Resources 20
Slide 22: Downstream processing potential
Siviour – downstream processing potential For personal use only Siviour is well-positioned to produce premium-priced, valued-added graphite products Ultra high purity Purity levels in excess of 99% TGC have been achieved through one additional re-grind and flotation circuit Located proximate to mode
Slide 23: Renascor market information
Renascor market information For personal use only ASX code RNU Shares currently on issue 483m Options ($0.05, expiring Dec 2019) 15m Cash (31 Mar 17) $1.7m Share price (19 May 17) $0.019 12 month range $0.016-$0.060 Market cap $9m Top 20 (19 May 17) 46% Board shareholding (19 May 17) 26% Board of Di
Slide 24: Re-rating potential
Re-rating potential For personal use only Renascor currently trades at a discount to its peers Active news flow ahead Renascor Resources 23
Slide 25: Forward plan and news flow
Forward plan and news flow For personal use only Renascor Resources 24
Slide 26: Conclusions
Conclusions For personal use only Siviour has potential to become a Tier 1 graphite mine Globally competitive project economics Diversity of supply from Australia Large-scale, long-life High quality graphite concentrates at low cost Renascor Resources 25
Slide 27: Thank you
` For personal use only Thank you Renascor Resources 26
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