Slide 1: Investor Presentation Livestream: Future Facing Commodities Conference, Singapore
ASX ANNOUNCEMENT 6TH APRIL 2023 For personal use only INVESTOR PRESENTATION LIVESTREAM: FUTURE FACING COMMODITIES CONFERENCE, SINGAPORE Australian Vanadium Limited (ASX: AVL, “the Company” or “AVL”) is pleased to provide details of the livestream of its investor presentation at the inaugural Future
Slide 2: Future Facing Commodities Conference April 2023
For personal use only Future Facing Commodities Conference APRIL 2023
Slide 3: ASX Chapter 5 Compliance and Cautionary and Forward-Looking Statements
A S X : AV L ASX CHAPTER 5 COMPLIANCE AND CAUTIONARY AND FORWARD-LOOKING STATEMENTS For personal use only The views expressed in this Presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the ac
Slide 4: Why Vanadium? Industrial, critical and battery metal
A S X : AV L A U S T R A L I A N VA N A D I U M L I M I T E D Why Vanadium? Industrial, critical and battery metal For personal use only Energy Storage: Growth Market Steel Alloy: Growth Market Battery Metal (Horizon 1 VRFBs) Industrial Metal • Vanadium redox flow batteries (VRFBs) are a mature and
Slide 5: Corporate Overview
A S X : AV L C O R P O R AT E O V E R V I E W Australian Vanadium AVL SHARE PRICE HISTORY (03/04/2023) For personal use only $0.120 200,000,000 180,000,000 $0.100 160,000,000 KEY STATISTICS AS AT 03/04/2023 140,000,000 $0.080 Ordinary Shares on Issue 4.36b 120,000,000 $0.060 100,000,000 Share Price
Slide 6: Australian Vanadium Project Location
Mining & CMB ✓ Proximity to Great Northern Highway (31km) ✓ Proximity to water For personal use only ✓ BOO power generation station using LNG and renewables ✓ Close to airport (Meekatharra 40km) ✓ Historical and current mining region Processing Plant ✓ Proximity to gas & water (25km) ✓ Proximity to
Slide 7: Vanadium – consensus on demand growth
A S X : AV L A U S T R A L I A N VA N A D I U M L I M I T E D Vanadium – consensus on demand growth For personal use only Vanadium demand to double by ‘Assuming even modest growth in vanadium 2032, with more than 90% of this consumption in energy storage applications, the growth from Vanadium Redox
Slide 8: Industrial metal and battery metal demand growth
A S X : AV L VA N A D I U M M A R K E T S Industrial metal and battery metal demand growth For personal use only 350,000 1See ASX Announcement "Bankable Feasibility Study for Australian Vanadium Project" dated 6th April 2022. All material assumptions underpinning the production 300,000 target contin
Slide 9: Supply curve – AVL Project well positioned
Supply curve – AVL Project well positioned For personal use only “The cash cost of the last incremental units required to satiate demand in 2022 is above US$12.00/lb V2O5” – TTP Squared 2022 V2O5 Cash Cost Curve $18.00 Steel Slag $16.00 Primary Ore Secondary U Ores $14.00 Stone Coal $12.00 Cash Cost
Slide 10: Why AVL?
A S X : AV L Track Record • Track record in raising capital and securing significant Asset & Scalability government grants to fund and build value in the company. For personal use only • 25+ years mine life, competitive C1 OPEX • Hub Processing Configuration: built for scalability Why AVL? • • Scala
Slide 11: A Team That Can Deliver
A T E A M T H AT C A N D E L I V E R International vanadium expertise Track record in project execution and operations For personal use only Board Experienced Mining, Over 40 years of Over 20 years 40 years of Chair with exploration, vanadium of experience in experience in extensive project experien
Slide 12: Australian Vanadium Project Location
Mining & CMB ✓ Proximity to Great Northern Highway (31km) ✓ Proximity to water For personal use only ✓ BOO power generation station using LNG and renewables ✓ Close to airport (Meekatharra 40km) ✓ Historical and current mining region Processing Plant ✓ Proximity to gas & water (25km) ✓ Proximity to
Slide 13: Resource Total Magnetic Intensity Section
A S X : AV L T H E A U S T R A L I A N VA N A D I U M P R O J E C T For personal use only Resource Total Magnetic Intensity Section 12 Note: Information within this slide as detailed in ASX Announcement "Bankable Feasibility Study for Australian Vanadium Project" dated 6th April 2022
Slide 14: BFS – Robust Project Metrics
T H E A U S T R A L I A N VA N A D I U M P R O J E C T BFS – Robust Project Metrics For personal use only STRONG OPEX, RESOURCE FINANCIAL CAPEX, OUTCOMES PRODUCTS Pre-Tax NPV7.5 IRR C1 OPEX Total Resource A$833M 20.6% US$4.43/lb V2O5 239Mt @ 0.73% V2O5 High-grade 95.6Mt @ 1.07 V₂O₅ EBITDA Annual Ave
Slide 15: For personal use only
| Aunqung ~ saidueq AVL PROCESSING PLANT STAGE 1 AVL MINING PROJECT AND CONCENTRATOR q A Australian LIMITED ASX: 6/4/2022 VE 239Mt @0.73% V.0, The Vanadium Tangle = Gas/Wister Ppoine Majorroad + Majorraitway 100%
Slide 16: ESG in Action
ESG IN ACTION Strong ESG Focus For personal use only Renewable energy strategy • Ability to produce ethical, low carbon vanadium product, expecting to be 50% lower carbon intensity per unit of vanadium than existing co-production vanadium producers1 • Use of solar and/or wind generation • Use of VRF
Slide 17: Vertical Integration: Pit to Battery
A S X : AV L A U S T R A L I A N VA N A D I U M P R O J E C T Vertical Integration For personal use only Pit to Battery Vertical integration optionality can give AVL the ability to produce the world’s highest quality vanadium products tailored to our customers’ needs from steel (low purity requireme
Slide 18: Vanadium Electrolyte Project Update
A S X : AV L A U S T R A L I A N VA N A D I U M P R O J E C T Vanadium Electrolyte For personal use only Project Update • 33MWh per annum electrolyte plant Left: U.S. Vanadium LLC under development electrolyte plant in Arkansas, USA • AVL to be an early mover in Below: Design for AVL electrolyte man
Slide 19: VRFB: Technical merit
A S X : AV L VRFB: Technical merit For personal use only Lifespan over Non-flammable Vanadium electrolyte Easy to scale 20 years with little to making it one of the Multiple daily cycles, can be reused Long duration power and energy no degradation safest and most with 100% depth of indefinitely or s
Slide 20: VSUN Energy: Current Projects Overview
VSUN Energy: Current Projects Overview For personal use only VSUN Energy is a 100% owned subsidiary of ASX-listed Australian Vanadium Limited (ASX: AVL) Current Projects • Water Corporation – successful completion of trial of a 5kW/30kWh vanadium redox flow battery (VRFB) to power a chlorinator • IG
Slide 21: Project Delivery Path
A S X : AV L A U S T R A L I A N VA N A D I U M P R O J E C T Project Delivery Path For personal use only 01 02 03 04 05 Final Financial BFS EPC/EPCM Investment Close and Production Completed Partnerships Decision Construction Bankable Securing debt Selection of Execute FEED, Australian Feasibility
Slide 22: Funding model
A S X : AV L A U S T R A L I A N VA N A D I U M P R O J E C T Funding model For personal use only $49M Modern Manufacturing Initiative grant Equity Canaccord Debt 2121
Slide 23: In Summary: Why Vanadium and why AVL?
A S X : AV L In Summary Why Vanadium and why AVL? For personal use only INDUSTRIAL METAL BATTERY METAL TRACK RECORD ASSET & SCALABILITY STEEL ALLOYS VRFB DECARBONISATION VERTICAL GREEN INTEGRATION LIGHTS WHY WHY VANADIUM? AVL? DECARBONISATION ETHICALLY QUALITY OF + ETHICAL SUPPLY SOURCED THE TEAM CR
Slide 24: For personal use only
For personal use only +61 (08) 9321 5594 info@australianvanadium.com.au Level 2, 50 Kings Park Road, West Perth, Western Australia 6005 Australian Vanadium Limited | ASX: AVL australianvanadium.com.au