Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Investor Presentation (September 2018)
23 slides from Pls's investor presentation, Sep 18, 2018
Slide 1: Pilgangoora: A globally significant lithium-tantalum project
Pilgangoora For personal use only A globally significant lithium-tantalum project Ken Brinsden, Managing Director and CEO Corporate Presentation September 2018 ASX: PLS 1
Slide 2: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not an Offer of Securities This document has been independently prepared by Pilbara Minerals Limited (“Pilbara”) and is dated 17/09/2018. This document is provided for informational purposes and does not constitute or contain an offer, invitation, so
Slide 3: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement Not Financial Product Advice This document does not constitute financial product advice or take into account your investment objectives, taxation situation, financial situation or needs. This document consists purely of factual information and does n
Slide 4: Discovery to production in under four years
Discovery to production in under four years For personal use only +6% fines and coarse concentrate produced 4
Slide 5: What sets us apart
What sets us apart For personal use only LOW COST, LONG LIFE LITHIUM AND TANTALUM PRODUCER HIGH QUALITY PRODUCTS LEADING GLOBAL OFFTAKE PARTNERS COMMITTED TO 100% OF STAGE 1 AND 2 PRODUCTION PILGANGOORA COMMISSIONING IN UNDER 4 YEARS FROM FIRST DRILL HOLE LARGE RESOURCE, RESERVES AND PRODUCTION EXPA
Slide 6: Pilgangoora Lithium-Tantalum project
Pilgangoora Lithium-Tantalum For personal use only project Exploration One of the largest spodumene- tantalite resources in the world • 100% ownership • Stage 1, 2Mtpa processing plant • LOM Stage 1 production of 330,000tpa Construction concentrate • Established transport and port infrastructure • C
Slide 7: Pilgangoora - the journey so far
Pilgangoora - the journey so far For personal use only Click here to watch the Pilgangoora project timelapse video Pilgangoora Project Development – Timelapse Video 7 Video – Pilgangoora Project Development Timeline
Slide 8: Production and cash-flow today
Production and cash-flow today…. Flagship Pilgangoora Lithium-Tantalum project – from first drill hole to commissioning in under four years For personal use only • Long project life • Concentrate production growth well underway • First spodumene concentrate shipment imminent • First tantalite delive
Slide 9: On-spec 6% spodumene concentrate produced
On-spec 6% spodumene concentrate produced Plant performance driving rapid production ramp-up For personal use only • First phase of commissioning through the fines circuit • Final load commissioning on fines and coarse circuits delivers design throughput capacity and product specification 9
Slide 10: Strong offtake partners committed to 100% of production
Strong offtake partners committed to 100% of production For personal use only Major producer of lithium chemicals in China Biggest steel producer in South Korea • Highly experienced with more than 15 years of • Listed on KSX, market cap US$29.5B operational and technical know how • Largest producer
Slide 11: Connected to the entire supply chain
Connected to the entire supply chain For personal use only Chemical Pre-Cursor Converters Cathode Cells & Li Resource EVs Cathode Material Battery Packs Battery Grade Material LiOH / LC * * * 11 *Potential PLS JV partners
Slide 12: ....with exceptional growth tomorrow
….with exceptional growth tomorrow Pilgangoora Lithium-Tantalum project – a globally significant hard rock lithium resource For personal use only • Stage 2, 5Mtpa expansion DFS released, 150% increase in production • +100,000 tonnes LCE basis • Positioned to be in the top 3 lithium raw material prod
Slide 13: Stage 2, 5Mtpa expansion
Aerial photograph of current construction progress w/- Stage 2 3D model overlay Stage 2, 5Mtpa expansion For personal use only DFS results and offtake partner confidence support major expansion • Additional 3Mtpa processing circuit to increase processing capacity to 5Mtpa • Average annual production
Slide 14: One of the best lithium raw material projects in the world
One of the best lithium raw material projects in the world - High grade lithium resources For personal use only Low cost - Valuable tantalum bi-product - Project size and processing capacity - Stage 2 5Mtpa, 23 year mine life - Mineral Resource 226Mt grading 1.27% Li2O (spodumene) and 116ppm Ta2O5 L
Slide 15: Processing at the Pilgangoora project video
For personal use only Click here to watch processing at the Pilgangoora project 15
Slide 16: Additional Information
For personal use only Additional Information 16
Slide 17: Corporate overview
Corporate overview Capital structure ASX: PLS For personal use only Current share price1 A$0.765 Shares on issue 1,740 million Options on issue2 55 million Market capitalisation1 A$1.33 billion Cash at bank3 A$120M Top 20 shareholders (as at 29 June 2018) 37% 3 month average daily volume4 ≈ 6M share
Slide 18: Experienced board of directors
Experienced board of directors For personal use only Tony Kiernan Ken Brinsden Nick Cernotta Sally-Anne Layman Steve Scudamore Non-Executive Chairman Managing Director & CEO Non-Executive Director Non-Executive Director Non-Executive Director Highly experienced company Mining engineer with over 25 y
Slide 19: Resources and reserves
Resources and reserves For personal use only JORC Mineral Resource Estimate - September 2018 (using 0.2% Li2O cut off grade) Tonnage Li2O Ta2O5 Li2O Ta2O5 Factored Category (Mt) (%) (ppm) (T) (Mlbs) Fe2O3 (%) Measured 22.8 1.38 145 314,000 7.3 0.44 Indicated 112.8 1.29 119 1,456,000 29.5 0.57 Sub-to
Slide 20: Pilgangoora – a globally significant hard rock lithium resource
Pilgangoora – a globally significant hard rock lithium resource For personal use only 20
Slide 21: Pilgangoora project overview
Pilgangoora project overview For personal use only Plant Commissioned Calindi Camp Monster Pit Central ROM 21
Slide 22: Pilgangoora processing plant
Pilgangoora processing plant For personal use only 22
Slide 23: Offtake for 100% of Stage 1 and 2 of Pilgangoora
Offtake for 100% of stage 1 and 2 of Pilgangoora Pilbara Mining Minerals For personal use only (SC 6.0) Stage 1 Stage 1 = ≈43Ktpa LCE Stage 2 Spodumene 300kt-350ktpa 500kt-550ktpa Production Stage 1+2= >110ktpa LCE 2018 2020 General Ganfeng Ganfeng Lithium Great Wall POSCO Spodumene Lithium Motors 8
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