King River Resources Limited · ASX:KRR
King River Resources — Investor Presentation (July 2021)
27 slides from King River Resources's investor presentation, July 2021
Slide 1: Company Overview July 2021: Powering the 21st Century
COMPANY OVERVIEW JULY 2021 POWERING THE 21 CENTURY ST Positioning King River Resources as a significant world producer of 99.99% 4N High Purity Alumina for the rapidly developing high-tech product markets
Slide 2: Important Notices
IMPORTANT NOTICES The Preliminary Feasibility Study information on the Kwinana Company considers all of the material assumptions to be based on reasonable maintain licences, permits and other regulatory approvals required in connection grounds, there is no certainty that they will prove to be correc
Slide 3: Introduction & Overview
INTRODUCTION & OVERVIEW KING RIVER RESOURCES: POWERING THE 21ST CENTURY
Slide 4: Introduction
INTRODUCTION “THE PFS RELEASED King River Resources (KRR) through its wholly owned subsidiary ARC Specialty Metals has in June 2021 completed a comprehensive Preliminary JUNE 2021 Feasibility Study (PFS) on a new High Purity Alumina Project to produce 9,000tpa 4N high purity alumina (HPA), to be loc
Slide 5: Background
BACKGROUND In late 2019 KRR commenced a new technical study on Three main hydrometallurgical compounds in the staged production of HPA by the ARC process its Kimberley located Speewah Specialty Metals (SSM) (KRR ASX release 16 June 2021) Vanadium-Titanium resources and the PFS test work identified a
Slide 6: Speewah Specialty Metals Project & Gold and Copper Projects
SPEEWAH SPECIALTY METALS PROJECT & GOLD AND COPPER PROJECTS Vanadium Pentoxide High Purity 99.51% V2O5 Titanium Dioxide High Purity 99.5% TiO2 (KRR ASX release 23 July 2018) (KRR ASX release 30 January 2018) The SSM Project located in the Kimberley region of Northern Western Australia covers Austral
Slide 7: Key Technical Advisors
KEY TECHNICAL Como Engineers: Process plant design, logistics, and capital and operating cost estimates ADVISORS Ramboll Group: Environmental and Social studies and Permitting KRR’s HPA Project development FTI Consulting: technical team consists of a small Financial modelling and analysis group of e
Slide 8: Kwinana HPA Project
KWINANA HPA PROJECT KING RIVER RESOURCES: POWERING THE 21ST CENTURY
Slide 9: Kwinana HPA Project: Process Plant Layout
KWINANA HPA PROJECT PROCESS PLANT LAYOUT Current global HPA supplies are constrained and demand is increasing significantly as 4N HPA is an essential ingredient in the production of light emitting diodes (LEDs) and lithium ion battery (LIBs) separators, both of which are used in clean energy and hig
Slide 10: Kwinana HPA Location
KWINANA HPA LOCATION The Kwinana HPA Project would be developed in the Kwinana industrial area near Perth, Western Australia where there are readily available feedstock and reagent suppliers. The exiting infrastructure, direct access to utilities, close proximity to port and a skilled workforce prov
Slide 11: Kwinana HPA Flowsheet
KWINANA HPA FLOWSHEET KRR’s ARC HPA process flowsheet uses conventional crystallisation purification and calcination technologies SIMPLIFIED and unit components, with readily sourced reagents. PROCESS CHART The international chemical industry can provide this REAGENT REAGENTS specific feedstock as i
Slide 12: Summary Kwinana Project Economics
SUMMARY KWINANA PROJECT ECONOMICS AVERAGE ANNUAL OPERATING FREE • Project Life of 25 years of operation, with ability to extend EBITDA CASH FLOW DURING FULL OPERATION • • • Production rate of 9,000 tonnes per annum of 4N HPA purity Unit cash costs of A$8,987 (US$6,740) per tonne HPA Projected sale p
Slide 13: Cash Flow Projection
CASH FLOW PROJECTION CUMULATIVE CASH FLOWS (A$M) NET CASH FLOW (A$M) 7,000 7,000 600 3,600 3,200 6,000 6,000 500 2,800 5,000 5,000 CUMULATIVE NET CASH FLOW (A$ MILLION) 400 2,400 2,000 4,000 4,000 300 1,600 A$ MILLION A$ MILLION A$ MILLION 3,000 3,000 200 1,200 2,000 2,000 800 100 400 1,000 1,000 -
Slide 14: Development Plans
DEVELOPMENT PLANS KRR has engaged a Study Manager for 2021 2022 2023 2024 2025 the Definitive Feasibility Study (DFS). Task Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Kwinana HPA Development Plan The DFS will include building of pilot plants to Prefeasibility Study further optimise the
Slide 15: 4N HPA Market Overview
4N HPA MARKET OVERVIEW KING RIVER RESOURCES: POWERING THE 21ST CENTURY
Slide 16: 4N HPA Market Overview
4N HPA MARKET OVERVIEW 4N HPA is a highly valuable commodity due to its excellent properties, chemical stability, a very high melting point, high mechanical strength and hardness (especially as a sapphire), and good thermal conductivity but high electrical insulation, making it an essential ingredie
Slide 17: 4N HPA Market Overview
4N HPA MARKET OVERVIEW Globally, high quality 4N HPA suppliers are limited, with demand rising on the back of growth in technology and energy applications, the market presents an excellent opportunity for a new HPA producer. The projected demand growth, predominantly from LEDs and EVs, provides supp
Slide 18: 4N HPA Market Overview: Demand by End Use and Purity
4N HPA MARKET OVERVIEW UNCONSTRAINED 4N+ TOTAL UNCONSTRAINED HPA DEMAND BY PURITY (PERFORMANCE-DRIVEN) HPA DEMAND BY END USE 2015-2028 (METRIC TONNES) 2015-2028 (METRIC TONNES) SOURCE: CRU INTERNATIONAL, SEPT 2020. SOURCE: CRU INTERNATIONAL, SEPT 2020. 250,000 600,000 500,000 200,000 400,000 150,000
Slide 19: 4N HPA Market Overview
4N HPA MARKET OVERVIEW KING RIVER RESOURCES: POWERING THE 21st CENTURY 19
Slide 20: Synthetic Sapphires & Ceramic Coatings
SYNTHETIC SAPPHIRES & CERAMIC COATINGS Synthetic Sapphires Ceramic Coatings LED production shows an excellent growth trend. Hybrid electric vehicles and pure battery-electric LEDs continue to transform the global lighting vehicles continue to grow rapidly and are set to take market as part of ongoin
Slide 21: 4N HPA Market Overview: LIB and LED Demand
4N HPA MARKET OVERVIEW UNCONSTRAINED HPA DEMAND FROM LIB DEMAND FOR LEDs BY SECTOR 2015-2028 (METRIC TONNES) 2015-2028 (MILLIONS OF LEDs) SOURCE: CRU INTERNATIONAL, SEPT 2020. SOURCE: CRU INTERNATIONAL, SEPT 2020. 450,000 1,400,000 400,000 1,200,000 350,000 1,000,000 300,000 800,000 250,000 200,000
Slide 22: Kwinana HPA Optimisation
KWINANA HPA OPTIMISATION There are significant optimisation opportunities for the Kwinana HPA Project that will be pursued during the Pilot studies and DFS work. Several areas of testwork and studies have been progressing in parallel to the completion of this PFS which indicate potential opportuniti
Slide 23: Kwinana HPA Potential Operating Cost Savings
KWINANA HPA POTENTIAL OPERATING COST SAVINGS During the DFS, the Company will investigate opportunities for reduction of capital and operating expenditure without compromising the process and/or product quality, as achieving the lowest potential industry capital costs and operating expenditure are c
Slide 24: Speewah Specialty Metals
SPEEWAH SPECIALTY METALS The Speewah Specialty Metals Project (SSM Project) within the Speewah Dome in the Kimberley region of northern Western Australia has evolved over the last decade into a world class deposit. The SSM Project covers Australia’s largest vanadium-in-magnetite deposit hosting pote
Slide 25: Gold and Copper Projects
GOLD AND COPPER PROJECTS The Mt Remarkable gold project is in the Kimberley region of northern Western Australia and the Treasure Creek gold and copper project is near Tennant Creek in the Northern Territory. Mt Remarkable is a high grade gold discovery and the Treasure Creek asset is prospective fo
Slide 26: Gold Projects
GOLD PROJECTS KING RIVER RESOURCES: POWERING THE 21st CENTURY 26
Slide 27: Corporate Directors and Capital Structure
CORPORATE DIRECTORS King River Resources Limited Anthony Barton Chairman ABN 67 100 714 181 Greg MacMillan Director Website: www.kingriverresources.com.au Leonid Charuckyj Director Email: info@kingriverresources.com.au ASX code: KRR CAPITAL STRUCTURE Shares on issue: 1,553,524,947 listed shares Opti
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