Lion Rock Minerals Limited · ASX:LRM
Lion Rock Minerals — Investor Presentation (April 2018)
17 slides from Lion Rock Minerals's investor presentation, Apr 4, 2018
Slide 1: Retraction letter to ASX Listings Compliance
Website: www.hillendgold.com.au Email: pfbruce@bigpond.com Mr Andrew Black 4 April 2018 Manager, Listings Compliance (Sydney) ASX Compliance Pty Ltd 20 Bridge Street Sydney, NSW, 2000 Dear Mr Black, On 4 April 2018 Hill End Gold Limited (ASX: HEG) (the “Company”) released an ASX announcement entitle
Slide 2: Slide 2
Slide 3: Corporate Overview
Corporate Overview Board of Directors Capital Structure • Graham Reveleigh: Chairman • Shares on issue: 148.190 mil • Options on issue: 45.4 mil @ 7.5c, exp July ‘20 • Martin McFarlane: Managing Director 26.6 mil @ 20c, exp July ‘20 • David Leavy: Executive Director • Market Capitalisation: $19.3 m
Slide 4: Hill End Gold/Pure Alumina: Overview
Hill End Gold/Pure Alumina: Overview • The global high purity alumina (HPA) market is currently worth >US$600m pa and doubling every 5-7 years. • Hill End Gold acquired 100% of Pure Alumina Pty Ltd, which owns the high grade, low impurity Yendon kaolin deposit near Ballarat in Victoria in August 201
Slide 5: What is High Purity Alumina
What is High Purity Alumina • HPA is a very pure form of aluminium oxide ie, >99.99% pure, it has <100 ppm of impurities. This is known as 4N HPA. • 5N or 99.999% HPA is increasingly in demand for high performance technology. It contains <10 ppm impurities. • HPA is chemically inert in most environm
Slide 6: What is High Purity Alumina?
What is High Purity Alumina? • HPA’s properties make it desirable for high-growth industries such as lithium batteries and photonic technologies • When HPA is grown into Synthetic Sapphire crystal it is used in: • LED light / Semiconductor substrates • Phosphors / Diodes • Lasers • Optical lenses •
Slide 7: HPA's strong growth driven by technology
HPA’s strong growth driven by technology Demand for HPA has risen eight-fold since 2003 and is forecast to triple by 2030 • LEDs consume more than half the annual HPA production and is growing strongly. LED’s currently have ~20% of the lighting market with saturation expected above 80%. • Lithium ba
Slide 8: Synthetic Sapphire: Driving HPA Demand
Synthetic Sapphire: Driving HPA Demand The largest use of HPA is to make synthetic sapphire. Properties of Synthetic Sapphire • Extreme hardness (2nd only to diamonds on the Mohs scale) • Transmits in UV, visible and IR wavelengths • High heat resistance and excellent thermal conductivity • High ele
Slide 9: Lithium Batteries: New Uses of HPA
Lithium Batteries: New Uses of HPA • Lithium batteries have been known to catch fire; Coating the separator in HPA addresses this issue. This market is forecast to grow strongly. • The high melting point of HPA provides greater thermal stability to the battery, improving safety • HPA is a good elect
Slide 10: HPA supply is concentrated and high cost
HPA supply is concentrated and high cost • Global production is very concentrated in the Asia with 7 companies producing 67% of the total output. • There are 3 processes used to make HPA. All start with high cost aluminum metal: • Alkoxide • Modified Bayer • Choline Hydrolysis • Sumitomo Chemicals w
Slide 11: HPA prices are attractive and forecast to remain so
HPA prices are attractive and forecast to remain so • 4N HPA currently sells for US$25-35,000/t • 5N HPA sells for US$50-60,000/t • Smelter grade 98.5% Alumina sells for circa US$400/t • HPA prices are forecast to remain strong with new demand growth matching or exceeding supply growth. • Quality ch
Slide 12: Yendon Kaolin Deposit – Great Location
Yendon Kaolin Deposit – Great Location • Yendon is located near Ballarat in Victoria, 100km from Melbourne port and possible process plant location • Mining friendly – kaolin has been mined in the area for decades • Possibility of purchasing kaolin from nearby Imerys mine 11
Slide 13: Yendon Resource- Long Life, High Grade
Yendon Resource- Long Life, High Grade JORC Code Maiden JORC (2012) kaolin resource for the Yendon HPA Project All information within this presentation relating to Maiden JORC (2012) Kaolin Resource for the Yendon HPA Project is referred to above as Table 1 appended Tonnage (Mt) <63 µm Concentrate G
Slide 14: Yendon Kaolin – Concentrates Readily
Yendon Kaolin – Concentrates Readily • Yendon kaolin is fine grained so it is easily Size (Microns) concentrated at site using a cyclone over a 63 100% passing Yield% Al2O3% SiO2% Fe2O3% TiO2% micron screen. 1000 77.5 21.0 67.1 0.87 0.58 106 49.8 32.2 49.9 0.93 0.89 • This removes around 57% of wast
Slide 15: Initial metallurgical test work confirms Yendon kaolin is ideal for HPA production
Initial metallurgical test work confirms Yendon kaolin is ideal for HPA production • A representative sample of beneficiated ore was Element* Assay processed at the Nagrom Laboratories using the Al2O3 (alumina) 99.995% traditional HCl leaching process as a “proof of concept”. The results were except
Slide 16: Significant global producer of HPA by 2021
Significant global producer of HPA by 2021 Yendon Pre-feasibility Study set for completion Q2, 2018 HPA Marketing Offtake discussions commenced Definitive Feasibility Study to commence Q3, 2018 Environmental Baseline Studies to commence Q3, 2018 Location study to determine the optimum jurisdiction f
Slide 17: Martin McFarlane and David Leavy contact details
M A R T I N M C FA R L A N E D AV I D L E AV Y MANAGING DIRECTOR DIRECTOR – FINANCE & COMMERCIAL P: + 61 ( 0 ) 4 67 74 9 75 9 P: +61 (0)424 153 957 E: m.mcfarlane@purealumina.com.au E: d.leavy@purealumina.com.au
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