Pls Group Limited · ASX:PLS
Pls — Q2 2019 Earnings Presentation
14 slides from Pls's earnings presentation, Jul 25, 2019
Slide 1: Pilgangoora: a world class lithium and tantalum project
Pilgangoora: a world class lithium and tantalum project Ken Brinsden, Managing Director/CEO Brian Lynn, Chief Financial Officer Dale Henderson, Chief Operating Officer June Quarterly Results Call 25 July 2019 ASX: PLS ACCESS THE QUARTERLY INVESTOR, ANALYST AND MEDIA WEBCAST HERE https://webcasting.b
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 25/7/2019. This document is provided for informational purposes and does not constitute or contain an offer, invitation, sol
Slide 3: Important Notices and Competent Persons Statement
Important Notices and Competent Persons Statement U.S. Securities Laws Any securities issued by Pilbara have not been and will not be registered by Pilbara under the United States Securities Act of 1933 (“U.S. Securities Act”). Accordingly, such securities may not be offered or sold in the United St
Slide 4: Highlights June Quarter 2019
Highlights June Quarter 2019 Production and sales growth continues with outstanding exploration success and POSCO JV DD complete with respective board decisions in Sept Quarter • Growth in production - 63,782 dmt of spodumene concentrate despite scheduled shut- down (March quarter 52,196 dmt) • Incr
Slide 5: Production Summary
Production Summary Growth in mine production and shipping during the June Quarter Production Units Q4 FY18 Q1 FY19 Q2 Q3 Q4 FY19 FY19 FY19 FY19 Total Direct shipping ore (DSO) sold wmt 145,974 205,766 01 01 01 205,766 Spodumene concentrate dmt - 11,015 47,859 52,196 63,782 174,852 produced Spodumene
Slide 6: Production trend
Production trend Plant throughput and utilisation continue to meet expectations and support consistent production growth over the financial year Spodumene concentrate production (dmt) 25,000 20,000 Spodumene Concentrate DMT 15,000 10,000 5,000 0 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-1
Slide 7: Plant performance
Plant performance Continued Improvement / Optimisation projects progressing Continued improvement for quarter; • Highest quarterly production to date 63,782 dmt • Product quality remains strong (6.0% Li2O, 1.2% Fe2O3), with growing recovery to product • Excellent plant throughput and utilisation, wi
Slide 8: Corporate update
Corporate update POSCO DD complete with downstream JV progressing towards approval by respective boards in the Sept Quarter, with partnering process well progressed Operating metrics – June Qtr • Price received of USD$644/dmt CFR China • Cash operating costs1 of USD$528/dmt CFR China • Representativ
Slide 9: Production and sales update
Production and sales update Short term operational changes to support customer requirements, with operation expected to return to full capacity in the December Quarter • Moderated production and sales until October in response to customer requirements • Delay in the construction and commissioning of
Slide 10: Global lithium chemicals pricing
Global lithium chemicals pricing Source: FastMarkets MB, Friday Jul 12 2019 Lithium carbonate ex-works domestic China Lithium hydroxide ex-works China Lithium carbonate min 99.5% Li2CO3 battery grade, ex-works domestic China, yuan per tonne Lithium hydroxide monohydrate min 56.5% LiOH.H2O battery gr
Slide 11: Massive plans, big targets
Where is all the lithium (at the right quality) going to come from? LONG TERM CONTRACTS MAJOR COMMITMENTS “Over the next 10 years VW will be launching 70+ new 10+ year battery supply agreement LG Chem and pure EVs….” CATL (VW) “The future of Volvo is electric and we are firmly committed 10 year lith
Slide 12: Stage 3 partnering process
Stage 3 partnering process Partners to be considered for Stage 3 offtake, chemical plant and project expansion Potential sale of Support funding Stage 3 offtake Fully integrated minority project package Stage 2 and further lithium raw level interest and 3 expansion diversification materials and 20 –
Slide 13: What sets us apart?
What sets us apart? 1 World class lithium resource The Pilgangoora Project is one of the premier hard-rock lithium-tantalum resources globally (by size and grade) where there is both spodumene concentrate offtake and a joint venture position available, with Tantalite by-product credits. 2 Low cost o
Slide 14: ASX: PLS pilbaraminerals.com.au
ASX: PLS pilbaraminerals.com.au