Slide 1: Investing in the energy storage future
For personal use only Investing in the energy storage future Resources Rising Stars 2017 Vincent Algar Managing Director 1
Slide 2: Disclaimer
Disclaimer The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. For personal use only No representation or warranty is made as to the accuracy, completeness or reliability of the information. Comment It is com
Slide 3: AVL is an integrated Battery Metals Company
AVL is an integrated Battery Metals Company For personal use only • Battery metals company listed on ASX • Active evaluation of a new, long-life vanadium project (Gabanintha) in Western Australia • Significant project with large, high-grade Measured, Indicated and Inferred resources • Gabanintha cob
Slide 4: Corporate Snapshot
Corporate Snapshot (ASX:AVL) Continuous Listing on ASX since February 2007 For personal use only Key Statistics (as at 25-05-17) Ordinary shares on issue 1,215m Options on issue (ex at 1.47c expire Dec 2017) 142.9m AVL Share Price History $0.030 80,000,000 Listed Options (ex at 2.c exp 235.8m Dec 20
Slide 5: AVL Vertical Integration Strategy
AVL Vertical Integration Strategy For personal use only 5
Slide 6: AVL part of Australian CleanTech Index
AVL part of Australian CleanTech Index “The Australian CleanTech Index provides a measure of the performance of the For personal use only Australian listed stocks in the Cleantech sector. With over 60 companies falling under the coverage of the index and with a combined market capitalisation of over
Slide 7: Vanadium Markets: Steel and Energy Storage
For personal use only Vanadium Markets Steel and Energy Storage 7
Slide 8: Vanadium in Energy Storage
Vanadium in Energy Storage For personal use only “Energy storage has the potential to transform our entire energy system.” - Clean Energy Australia 8
Slide 9: Vanadium Markets - Steel
Vanadium Markets - Steel Demand for vanadium continues to grow, with steel remaining a price driver. For personal use only • Steel - 92% of vanadium consumption • 0.2% vanadium added to steel increases strength and reduces weight up to 30% • Demand for use in rebar continues to increase at 6% annual
Slide 10: Vanadium Markets - Overview
V Vanadium Markets - Overview Rising prices give immediate improvement to Gabanintha Project For personal use only economics due to its higher resource grades 140,000 120,000 tonnes of Vanadium/yr 100,000 80,000 60,000 40,000 Graph data source: Vanitec ESC 20,000 0 2012 2015 2011 2013 2014 F2016 F20
Slide 11: Vanadium Markets - Overview: Ferro Vanadium Price
V Vanadium Markets - Overview Ferro Vanadium Price over past 6 months - Ferro Vanadium is leading For personal use only price marker for Vanadium supply and demand 11
Slide 12: Gabanintha Vanadium Project in Western Australia
For personal use only Globally Significant Project Gabanintha Vanadium Project in Western Australia 12
Slide 13: Global Player
Global Player Gabanintha project is a significant development project on a global scale in grade For personal use only and size 13
Slide 14: Vanadium Peer Comparison
Vanadium Peer Comparison For personal use only Gabanintha a globally significant deposit on grade and tonnage basis 14
Slide 15: Gabanintha Vanadium Project
Gabanintha Vanadium Project High grade resource in favourable mining jurisdiction in Murchison of WA For personal use only » One of the highest-grade open pit vanadium deposits currently being advanced globally; » Measured Resource of 7Mt, Indicated Resource of 17.8Mt and Inferred Resources of 66.7M
Slide 16: Gabanintha Vanadium Project: new cobalt opportunity
Gabanintha Vanadium Project Drilling review adds new cobalt opportunity – Critical Battery metal For personal use only » Significant cobalt mineralisation identified in review of the Gabanintha data » 1,270 samples report above 200ppm Co, at an average of 275ppm Co » Maximum assay of 0.18% (1828ppm)
Slide 17: Gabanintha Vanadium Project
Gabanintha Vanadium Project Discrete high-grade zone, simple geometry, suitable for open pit mining For personal use only 17
Slide 18: Vanadium Resource
Vanadium Resource Large high-grade resource For personal use only JORC Million In situ bulk Material Resource V2O5 % Fe% TiO2 % SiO2 % Al2O3 % LOI% Tonnes density Class High grade Measured 7.0 3.73 1.09 43 12 10 8 3.4 Indicated 4.3 3.29 1.07 41 12 12 9 4.6 Inferred 45.5 3.67 0.97 42 11 12 8 2.8 Subt
Slide 19: Gabanintha Vanadium Project: internal optimisation
Gabanintha Vanadium Project First pass internal optimisation shows significant potential For personal use only 19
Slide 20: Updated Concept Engineering Study
Gabanintha Vanadium Project Updated Concept Engineering Study For personal use only CONCEPT STUDY PARAMETERS – CAUTIONARY STATEMENT The Concept Study in this presentation (nominal +/- 50% accuracy) is based on low-level technical and economic assessments, and is insufficient to support estimation of
Slide 21: Gabanintha Concept Study
Gabanintha Concept Study Updated Concept Engineering Study supports move forward For personal use only Results of study have satisfied the Board to advance the Project with further key studies. • New metallurgical beneficiation test work underway – focus on Fe-V-Si concentrate optimisation • Resourc
Slide 22: Proposed Process Flowsheet
Gabanintha Concept Study Proposed Process Flowsheet For personal use only 22
Slide 23: Vanadium Electrolyte
For personal use only Vanadium Electrolyte Integration from vanadium resources directly to energy storage products 23
Slide 24: Value Addition in V-electrolyte
Value Addition in V-electrolyte Vanadium electrolyte production at the source de-risks and adds options For personal use only • Vanadium electrolyte is battery “fuel” • Mild acid solution of V2O5 with all oxidation states available for electron transfer • Can be produced in stand-alone plant or as p
Slide 25: Vanadium in Energy Storage
For personal use only Vanadium in Energy Storage 25
Slide 26: Unique characteristics of Vanadium Redox Batteries
Vanadium in Energy Storage Unique characteristics of Vanadium Redox Batteries (VRBs) For personal use only • VRBs provide a way to store and re-supply renewable energy. Ideal for large-scale energy storage applications, unlocking the full potential of renewables while maintaining grid security. VRBs
Slide 27: Defining the space for flow battery technology
Vanadium in Energy Storage Defining the space for flow battery technology For personal use only Vanadium Flow Batteries are Energy Storage devices 27
Slide 28: Maintaining performance levels over time
Vanadium in Energy Storage Maintaining performance levels over time – no need to oversize to compensate For personal use only for inherent battery degradation of other systems 28
Slide 29: Vanadium vs Lithium: Key Comparisons
Vanadium vs Lithium: Key Comparisons For personal use only Vanadium Flow Battery Lithium (Li-ion) Energy Battery – store large amounts of energy for Power Battery – ideal for shorter term high power later use application Energy stored in electrolyte tanks All energy stored in cell Stable – non-flamm
Slide 30: Redox Battery Market Beckons in Australia
Redox Battery Market Beckons in Australia Can the VRB be the ultimate grid energy storage solution for Australia? For personal use only » Rising power costs: VRBs can reduce power bills by peak/off-peak shifting and demand management » Australia has world’s most extended networks: many fringe-of-gri
Slide 31: Residential VRB
Residential VRB For personal use only • VSUN Energy has been approached by more than 100 people seeking a residential VRB. • The VRB offers a large amount of energy storage, providing a home’s real energy requirements during the evening, night and early morning. • Individual confidence in energy sto
Slide 32: First CellCube Installation Completed
For personal use only First CellCube Installation Completed Rural site benefitting from solar PV plus CellCube has shifted to 100% renewable energy self consumption. First opening into large Australian market. 32
Slide 33: Key Partnerships in Place to Grow Strategy
Key Partnerships in Place to Grow Strategy AVL is on track to achieving vanadium storage market objectives with For personal use only excellent market and technology companies 33
Slide 34: Lithium-Tantalum Project
For personal use only Lithium-Tantalum Project New project to add diversity to AVL and extend battery metal focus 34
Slide 35: Blesberg Lithium-Tantalum Project Acquisition
Blesberg Lithium-Tantalum Project Acquisition AVL broadens its focus on energy storage minerals For personal use only • AVL has secured option to acquire a minimum 50.03% interest in the Blesberg Lithium-Tantalum Project in South Africa. Interest in the project may be increased to 74%. • Project acq
Slide 36: The Blesberg Project
The Blesberg Project AVL broadens its focus on energy storage minerals For personal use only 36
Slide 37: The Blesberg Project: Significant Exploration Upside
The Blesberg Project Significant Exploration Upside – Pegmatite extensions identified over 3km For personal use only strike – no modern exploration outside historical excavation 37
Slide 38: The Blesberg Project: drill program underway
The Blesberg Project 4,000m RC and 500m Diamond drill program currently underway For personal use only 38
Slide 39: AVL project Timelines
AVL project Timelines Studies and Exploration to advance Lithium and Vanadium Projects in 2017 For personal use only PROJECT DESCRIPTION May Jun July Aug Sep Oct Nov Dec 17 17 17 17 17 17 17 17 Gabanintha Vanadium Project Resource Update Mine Design Metallurgical Test Program Water Supply & Hydrolog
Slide 40: Australian Vanadium summary
Australian Vanadium summary An active company advancing a unique integration strategy focused on For personal use only energy storage metals Highlights • Quality, grade and tonnage of Gabanintha resource moving towards project development. • Detailed concept engineering study shows outstanding resul
Slide 41: Bryah Resources Ltd
Bryah Resources Ltd Current copper and gold IPO For personal use only • Bryah Resources is an exploration company focussing on discovery of copper and gold deposits • AVL is a vendor of precious and base metal rights to the Bryah Resources IPO, currently underway • Bryah holds the rights to approxim
Slide 42: Vincent Algar, Managing Director
For personal use only Vincent Algar, Managing Director Telephone: +61 (8) 9321 5594 Email: info@australianvanadium.com.au Website: australianvanadium.com.au Office Location: Level 1, 85 Havelock Street, West Perth Western Australia 6005 Social media: 42