Castle Minerals Ltd · ASX:CDT
Castle Minerals — Investor Presentation (July 2012)
22 slides from Castle Minerals's investor presentation, Jul 6, 2012
Slide 1: Kambale Graphite Deposit
For personal use only Kambale Graphite Deposit July 2012 www.castleminerals.com ASX: CDT
Slide 2: Disclaimer and Competent Person Statement
Disclaimer and Competent Person Statement For personal use only This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any
Slide 3: Graphite
Graphite For personal use only • Graphite is one of two naturally occurring allotropes of crystalline carbon, the other being diamond. Graphite is soft, greasy to the touch, and soils fingers and paper. • Graphite generally occurs in one of three forms, amorphous; crystalline lump or vein; and cryst
Slide 4: Geological Occurrence and Background
Geological Occurrence and Background For personal use only • Flake Graphite generally occurs as the result of metamorphism of organic matter in sediments. Flake graphite is assumed to be derived from fine grained sediments rich in organic matter. • Positive vanadium and nickel anomalies and negative
Slide 5: Graphite Critical
Graphite Critical For personal use only • The British Geological Survey has listed graphite as one of the materials to most likely be in short supply globally • The US Government has declared graphite a critical material • The European Commission has listed graphite as a critical raw material for th
Slide 6: Graphite Price
Graphite Graphite Price Price Rising For personal use only 2012 Industrial Minerals Graphite Prices per Tonne FCL CIF main European port Mesh Size equivalent Purity % and mesh size Price range US$/tonne microns 99% to 99.9% C, +50 mesh $4,500 $6,000 +300 Coarse 94% to 97% C, +80 mesh CIF $2,500 $3,0
Slide 7: Global Graphite Demand
Global Graphite Demand For personal use only Commercial flake graphite is divided into: Coarse Flake 180‐850 micron Medium Flake 150‐180 micron Fine Flake 75‐150 micron Amorphous <75 micron
Slide 8: Graphite Producers
Graphite Producers For personal use only Brazil Austria
Slide 9: Driving Demand - Spherical Graphite
Driving Demand Spherical ‐ Spherical (Battery) Graphite Graphite For personal use only • Lithium‐ion batteries require spherical graphite which is manufactured from high quality natural flake graphite. The upgrading process consists of micronizing the graphite flakes and rounding them to create a sp
Slide 10: Driving Demand - Lithium-ion Batteries
Driving Demand ‐ Lithium‐ion Lithium‐ion Batteries Batteries For personal use only • Each 1kWh of Li‐ion battery capacity contains approximately 0.7kg lithium carbonate and 1.4kg graphite. Graphite can be either natural or synthetic (>$10,000t). Natural flake is better and cheaper • The Li ion batte
Slide 11: Driving Demand - Electric and Hybrid Vehicles
Driving DemandLithium‐ion ‐ Electric and Hybrid Vehicles Batteries For personal use only • 1 Billion passenger vehicles in use today with 60M produced annually • Global leaders want to have 20 million electric vehicles (EVs) on the road worldwide by 2020. Last year, some 40,000 EVs and plug‐in hybri
Slide 12: Driving Demand - Fuel Cells
Driving Demand Minelife ‐ Fuel Cells For personal use only • Fuel cells are electrochemical devices that convert a fuel's chemical energy directly to electrical energy with high efficiency. Fuel cell technologies rely heavily on graphite • The proton exchange fuels cell requires 40‐ 50kg of graphite
Slide 13: Driving Demand - Pebble Bed Nuclear Reactors
Driving Demand ‐ PebbleMinelife Bed Nuclear Reactors (PBR’s) For personal use only • Graphite is ideal for use in nuclear reactors according to the European Carbon and Graphite Assoc. No other material is able to meet the extremely high requirements with respect to chemical and thermal stability, an
Slide 14: 2020 Natural Flake Forecast Demand
2020 Natural Flake Forecast Demand (excludes Amporphous) For personal use only Tonnes Lower Mid Upper EV and HEV Battery 250,000 600,000 1,000,000 Batteries (non vehicle) 60,000 80,000 150,000 Nuclear Graphite 15,000 25,000 50,000 Fuel Cells 15,000 20,000 100,000 Traditional Uses 470,000 600,000 700
Slide 15: Kambale Graphite Deposit - North West Ghana
Kambale Graphite Deposit ‐ North West Ghana For personal use only Graphite first noted by Russian geologists in the 1960’s. Russians reported that the graphite is the fine flakey variety Drilling by Castle March 2012 intersected a number of wide graphite rich horizons 26m @ 10.4%C from 9m 48m
Slide 16: Kambale Graphite Deposit - North West Ghana
Kambale Graphite Deposit ‐ North West Ghana For personal use only up to 50m true width graphite zones reported Only tested 1km out of >5km strike target horizon 3000m RC program July 2012 reported: KBAC 09 30m @ 9.12%C from 24m KBAC 13 46m @ 8.09%C from surface inc. 19m @ 10.56%C from surface
Slide 17: Kambale Graphite Deposit - North West Ghana
Kambale Graphite Deposit ‐ North West Ghana For personal use only
Slide 18: High Grade Graphite zones up to 50m true width
Kambale Graphite Deposit ‐ North West Ghana For personal use only High Grade Graphite zones up to 50m true width
Slide 19: Kambale Graphite Deposit - North West Ghana
Kambale Graphite Deposit ‐ North West Ghana For personal use only Located in NW Ghana 8km from regional town of Wa (~50,000 people). Good infrastructure, water, power, sealed airstrip 500km sealed road to Takoradi Port Potential to outline a world class graphite resource Kambale RC drilling
Slide 20: Graphite Peer Review June 2012
Graphite Peer Review (ASX: TSX) June 2012 For personal use only Share Market Company Code Exchange Quoted Graphite Resource/Exploration Target/Intercept Price Capitalisation Balama Mozambique 7km strike +10% zones, ~280m core intercepts of Syrah SYR ASX 2.32 290 visually high grade graphite Flinders
Slide 21: Graphite Production - 1.2Mtpa
Graphite Production – 1.2Mtpa For personal use only China has introduced a Annual Graphite Production 2010 20% export duty, a 17% VAT, new regulatory 1. China 600,000 measures and the 2. India 140,000 consolidation of existing graphite mines, China 3. Brazil 76,000 has clearly indicated 4. Korea, No
Slide 22: Serious Undersupply Concerns
Serious Undersupply Concerns For personal use only Industrial Alliance Securities has estimated that 23 new mines (@15‐ 20ktpa) will be required by 2020 to satisfy global demand Global Graphite Reserves Source: Industrial Alliance Securities May 2012