Renascor Resources Ltd · ASX:RNU
Renascor Resources — 2017 Resources Rising Stars Summer Series
30 slides from Renascor Resources's conference presentation, Dec 5, 2017
Slide 1: Presentation to the 2017 Resources Rising Stars Summer Series
Presentation to the 2017 Resources Rising Stars ASX: RNU Summer Series ASX RELEASE For personal use only December 5, 2017 Renascor Resources Ltd Attached please find a copy of the presentation to be delivered to the 2017 ABN 90 135 531 341 Resources Rising Stars Summer Series – Sydney/Brisbane, Tues
Slide 2: Siviour: a Tier-1 Graphite Project in Australia
Renascor Resources Limited ASX code: RNU For personal use only Siviour: a Tier-1 Graphite Project in Australia David Christensen Presented to the 2017 Resources Rising Stars Summer Series – Sydney/Brisbane 5 and 7 December 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: What sets us apart?
What sets us apart? For personal use only Siviour is unique as a Tier-1 graphite development in Australia Robust economics Lowest quartile OPEX: AU$450 / US$333* per tonne NPV10 (after-tax): AU$551m / US$407m* Staged development option: start-up capex of AU$15.9m / US$12.4m** High-quality graphite p
Slide 5: Why graphite in Australia?
Why graphite in Australia? For personal use only China dominates current supply, but market is restricted and unstable Increased domestic demand Graphite is becoming strategically important mineral due in large part to rising demand in lithium ion batteries Supply limitations Issues of product consi
Slide 6: Why graphite in Australia?
Why graphite in Australia? For personal use only New potential supply has been dominated by large developments in East Africa, where sovereign risk issues must be overcome Renascor Resources 5
Slide 7: Why graphite in Australia?
Why graphite in Australia? For personal use only Renascor offers secure supply from Australia Low sovereign risk jurisdiction Secure, established regulatory framework increasingly important in graphite supply chain Established infrastructure Lower capital and operating costs and increased certainty
Slide 8: Siviour – South Australia
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 7
Slide 9: Siviour – South Australia
Siviour – South Australia For personal use only Optimal location for development and production Favourable jurisdiction South Australia Supportive government Port, Road, Power, Water Established ports Highway - 10km Power - on main grid Water for Stage-1 development Established workforce Whyalla (23
Slide 10: Globally competitive project economics
Globally competitive project economics For personal use only Scoping study results … 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$408m IRR (after tax) 59
Slide 11: Globally competitive project economics
Globally competitive project economics For personal use only . . . compare favourably to other graphite developments globally* * Renascor data based on Siviour Scoping Study. See RNU ASX announcement dated 23 May 2017 Source: Company reports on economic studies of flake graphite projects as of Octob
Slide 12: Project economics -- OPEX
Project economics -- OPEX For personal use only Siviour’s flat laying orientation underpins a low cost of production … Renascor Resources 11
Slide 13: Project economics -- OPEX
Project economics -- OPEX For personal use only Siviour’s flat laying orientation underpins a low cost of production … Renascor Resources 12
Slide 14: Project economics -- OPEX
Project economics -- OPEX For personal use only Siviour’s flat laying orientation underpins a low cost of production* … AU$/ tonne of US$/ tonne of Area AU$/year US$/year concentrate concentrate Mining and technical services 14.4m 117 10.7m 87 Processing and power 27.9m 224 20.6m 166 General and adm
Slide 15: Project economics -- OPEX
Project economics -- OPEX For personal use only . . . that is among the lowest of global graphite developments* * Renascor data based on Siviour Scoping Study. See RNU ASX announcement dated 23 May 2017 Note: Cash cost of production (FOB) per tonne of product Source: Company reports on economic stud
Slide 16: Low start-up CAPEX option
Low start-up CAPEX option For personal use only Staged-development* offers low initial CAPEX pathway to production Leverages off of Competitive small- Development of infrastructure scale operation customer base advantages of coastal Initial mining in Establishment of customer Australian location hig
Slide 17: Low start-up CAPEX option
Low start-up CAPEX option For personal use only Staged-development offers low CAPEX pathway to production Two-stage option Siviour Parameter Stage-one Stage-two Scoping Study (years 1 to 3) (year 4 to 23) Currency AU$ US$ AU$ US$ AU$ US$ Annual production 10,800t 123,000t 123,000t Plant throughput 1
Slide 18: 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 after incurring $2.5m in project expenditure Current upgraded JORC Resource (March 2017): 80.6mT @ 7.9% TGC
Slide 19: The Siviour graphite deposit
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 Renascor Resources 18
Slide 20: Siviour – large scale graphite deposit
Siviour – large scale graphite deposit For personal use only Siviour is the largest graphite deposit in Australia … Source: Company reports on economic studies of flake graphite projects as of October 2017 Renascor Resources 19
Slide 21: Siviour – large scale graphite deposit
Siviour – large scale graphite deposit For personal use only … and among the largest reported graphite deposits in the world … Source: Company reports as of October 2017 Renascor Resources 20
Slide 22: Siviour – large scale graphite deposit
Siviour – large scale graphite deposit For personal use only … and offers ample scope to expand Conductivity image from recent AEM survey (see RNU ASX release dated 11 July 2017) Renascor Resources 21
Slide 23: Siviour – metallurgy
Siviour – metallurgy For personal use only Initial metallurgical testing has established Siviour as unique in Australia … Flake Particle size Distribution category Microns Mesh Jumbo >300 +48 8% 180 to Large -48 to +80 25% 300 150 to -80 to Medium 15% 180 +100 -100 to Small 75 to 150 39% +200 Fine <
Slide 24: Siviour – metallurgy
Siviour – metallurgy For personal use only … offering potential to produce concentrates competitive with largest graphite resources in the world … Source: Company reports as of October 2017 Renascor Resources 23
Slide 25: Siviour – metallurgy
Siviour – metallurgy For personal use only … with conventional (non-chemical, non-thermal) flowsheet Renascor Resources 24
Slide 26: Siviour – 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 27: Renascor market information
Renascor market information For personal use only ASX code RNU Shares currently on issue 665m Options 130m* Cash (30 Sep 17) ~$2.8m Additional placement proceeds ~$1.0m** Share price (4 Dec 17) $0.038 12 month range $0.015-$0.039 Market cap (4 Dec 17) $25m Top 20 (4 Dec 17) 38% Board shareholding (4
Slide 28: Forward plan and news flow
Forward plan and news flow For personal use only Renascor Resources 27
Slide 29: Conclusions
Conclusions For personal use only Siviour is a Tier-1 graphite project Globally competitive project economics Large-scale, low cost Low CAPEX start-up option High quality graphite concentrates Secure supply from Australia Renascor Resources 28
Slide 30: For personal use only
` For personal use only For further information: David Christensen Mobile: +61 429 643 770 david.christensen@renascor.com.au www.renascor.com.au ASX: RNU Renascor Resources 29
Renascor Resources — 2017 Resources Rising Stars Summer Series on 6ix