Nordic Mining Asa · OSL:NOM
Nordic Mining Asa — Q3 2016 Earnings Presentation
24 slides from Nordic Mining Asa's earnings presentation, Nov 11, 2016
Slide 1: Minerals for a sustainable future
Ti Pt Lighter aircrafts Minerals for a Clean air Pd sustainable future Electric cars Li Renewable energy Si 1
Slide 2: Q3 2016 Presentation
OAX: NOM Q3 2016 Presentation Oslo, 11 November 2016 Exploration and production of high-end minerals and metals Nordic Mining ASA | N-0250 Oslo | Norway | Tel +47 22 94 77 90 | Fax +47 22 94 77 01 | Org. no 989 796 739 | post@nordicmining.com 2
Slide 3: Disclaimer
Disclaimer This document has been used by Nordic Mining during an oral presentation. Therefore, this document is incomplete without the oral explanations, comments and supporting instruments that were submitted during the referred presentation. To the extent permitted by law, no representation or wa
Slide 4: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 5: Minerals for a sustainable future
Platinum, Palladium Minerals for a sustainable future Reinfjord Nordic Rutile AS Lithium Titanium Nordic Quartz AS Quartz Nordic Ocean Resources AS (80%) Keliber Oy (25%) 5
Slide 6: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 7: Consolidated Income Statements
Consolidated Income Statements Q3-2016 Q3-2015 Acc. 2016 Acc. 2015 2015 Unaudited Unaudited Amounts in NOK million Unaudited Unaudited Audited - - Sales - - - (1.7) (1.5) Payroll and related costs (5.7) (5.4) (6.6) - - Share-based payment (1.4) - - - - Impairment of exploration assets (1.3) - - (2.8
Slide 8: Consolidated Statements of Financial Position
Consolidated Statements of Financial Position 30.09.2016 31.12.2015 Amounts in NOK million Unaudited Audited ASSETS Evaluation and exploration assets 21.1 9.8 Property, plant and equipment 0.3 0.1 Investment in an associate 9.6 6.2 Total non-current assets 31.0 16.1 Cash 60.8 29.8 Trade and other re
Slide 9: Shareholder structure and share price development
Shareholder structure and share price development Largest shareholders* Share overview and share price development* Name of shareholder No. of shares % Share overview 1 NORDNET BANK AB (NOMINEE) 45 291 010 8,8 % Stock symbol NOM 2 NORDEA BANK PLC FINL. C LIENTS AC C . (NOMINEE) 25 206 856 4,9 % Stoc
Slide 10: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 11: Engebø
Engebø One of the world’s largest deposits of natural rutile Has the highest grade among current producers and projects Impurities at background levels Located next to tidal waters and European markets Permitted for 50 years of operation 11
Slide 12: PFS – study, current activities
PFS – study, current activities Crushing and milling • Test work ongoing with NTNU and misc. foreign vendors/laboratories Mine and extraction planning • Simulation modelling by Hatch • Mine and production scenario screening • Preliminary financial modelling Processing • Various test work ongoing in
Slide 13: Geology and resource model 2016
Geology and resource model 2016 13
Slide 14: Preliminary mine and extraction 2016
Preliminary mine and extraction 2016 14
Slide 15: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 16: Strengthened management team moves forward with DFS
Strengthened management team moves forward with DFS Strengthened management team DFS and EIA activities in process Pertti Lamberg started as CEO in June 2016; Hatch assigned for DFS coordination background from Outotec and Professor in Geometallurgy at the Luleå University of Technology DFS ta
Slide 17: Macro and timing fits nicely for Keliber
Macro and timing fits nicely for Keliber Target to be the first lithium producer in Europe EU is the second largest market for lithium 21% of total world wide consumption in 2015 Robust market According to different studies lithium demand is expected to grow by 6,4 – 11% per year in the base
Slide 18: Continued testing and optimisation of process system
Continued testing and optimisation of process system Columbite Concentrate Qtz-Fsp Sand Rejects Fines (Tailings) (Tailings) Spodumene concentrate Lithium carbonate Analcime (25%) 19
Slide 19: Preliminary financials show an attractive project
Preliminary financials show an attractive project Preliminary Economical Key Figures 6000 tpa 9000 tpa 9000 tpa scenario scenario scenario based on the latest based on PFS based on PFS management view Plant capacity [t/a] 275 000 400 000 438 000 Average price of lithium carbonate [US$/t] 8 547 7 836
Slide 20: Preliminary timeline towards production
Preliminary timeline towards production (25%) 21
Slide 21: Introduction, Financial status, Update on projects
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 22: The MarMine exploration cruise completed – analysis and reporting are ongoing
The MarMine exploration cruise completed – analysis and reporting are ongoing 23
Slide 23: Polar King (MarMine)
Nordic Ocean Resources – Exploration beyond frontiers Polar King (MarMine) 24
Slide 24: SAFETY – ENVIRONMENT - INNOVATION
SAFETY – ENVIRONMENT - INNOVATION www.nordicmining.com 27