Nordic Mining Asa · OSL:NOM
Nordic Mining Asa — Q2 2016 Earnings Presentation
25 slides from Nordic Mining Asa's earnings presentation, Aug 19, 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: Q2 2016 Presentation
OAX: NOM Q2 2016 Presentation Oslo, 19 August 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
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: Financial status
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 Q2-2016 Q2-2015 Acc. 2016 Acc. 2015 2015 Unaudited Unaudited Amounts in NOK million Unaudited Unaudited Audited - - Sales - - - (2.4) (2.2) Payroll and related costs (3.9) (3.9) (6.6) (1.4) - Share-based payment (1.4) - - (1.3) - Impairment of exploration assets (1.3)
Slide 8: Consolidated Statements of Financial Position
Consolidated Statements of Financial Position 31.06.2016 31.12.2015 Amounts in NOK million Unaudited Audited ASSETS Evaluation and exploration assets 19.7 9.8 Property, plant and equipment 0.4 0.1 Investment in an associate 11.3 6.2 Total non-current assets 31.4 16.1 Cash 5.0 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) 42 236 612 8,2 % Stock symbol NOM 2 NORDEA BANK PLC FINL. C LIENTS AC C . (NOMINEE) 19 505 101 3,8 % Stoc
Slide 10: 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: Status
Status Geology and Resource report in final stage GAP analysis for PFS study completed, including risk management assessment No gaps identified. Scope and budget under review Various test work and preparations started Screening of technical advisor ongoing 12
Slide 13: PFS - typical scope of work
PFS - typical scope of work • Geology & Resource • Mining • Crushing & milling • Processing/beneficiation • Waste rock management • Tailings management • Infrastructure • Engineering • Market • Health & Safety • Environment • Risk management • Investments & operational costs • Economic analysis PFS
Slide 14: Titanium industry, market update
Titanium industry, market update Source: Iluka As Roskill’s new Titanium Minerals report outlines, demand for high-grade titanium feedstocks looks set to rise significantly to 2025, with virtually all the net growth in TiO2 pigment production forecast to be accounted for by chloride-route pigment pl
Slide 15: Long sea freights underpin attractiveness
25 % Long 20 % sea freights 22% underpin 25attractiveness % of new European supply 15 % 20 % 25 % 25 % 10 % 15 % 8% 20 % 20 % 25 % 5% 10 % 15 % 15 % 25 % 25 % 5% 20 % 0% 5% 10 % 8% 10 % Norway 20 % 20 % 5% 15 % Canada 0% Ukraine5 % 5% 15 % 15 % 10 % 0% 0% China US 10 % 5% 10 % 5% 5% 25 % 25 % 5% 5%
Slide 16: Update on projects: Keliber
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 17: Strengthened management team moves forward with DFS
Strengthened management team moves forward with DFS Strengthened management team DFS 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 targeted f
Slide 18: Syväjärvi tunnel for sampling
Syväjärvi tunnel for sampling
Slide 19: Slide 19
Slide 20: Update on projects: Nordic Ocean Resources
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 21: MarMine research vessel Polar King departed from Norway
The MarMine research vessel «Polar King» departed from Norway on August 17th The MarMine cruise can be followed on social media at: https://twitter.com/MarMineNTNU https://www.facebook.com/ivt.ntnu 21
Slide 22: MarMine and Ocean Opportunities
ONTNU Norwegian University of Science and Technology MarMiIne Figur 1 ROV with drill rig during moonpool launch prior to testing Ocean Opportunities You are invited to join politicians and young professionals from the maritime and offshore sector to dn informative afternoon with panel discussions an
Slide 23: Investment highlights
Investment highlights OAX: NOM Titanium - Natural Rutile • World class rutile deposit; 50 years mine life and highest global TiO2 grade • Favourable location and logistics • Environmental permit for 50 years operation Titanium – Natural Rutile • PFS starts August 2016; completion in Q1 2017 Lithium
Slide 24: Questions
1. Introduction 2. Financial status 3. Update on projects - Nordic Rutile - Keliber - Nordic Ocean Resources 4. Questions
Slide 25: SAFETY – ENVIRONMENT - INNOVATION
SAFETY – ENVIRONMENT - INNOVATION www.nordicmining.com 25