Globe Metals & Mining Limited · ASX:GBE
Globe Metals & Mining — Investor Presentation (August 2023)
24 slides from Globe Metals & Mining's investor presentation, Aug 4, 2023
Slide 1: Niobium. Critical for safe, ultra fast battery charging.
Niobium. Critical for safe, ultra fast battery charging. August 2023 Grant Hudson Chief Executive Officer Charles Altshuler Chief Financial Officer ASX: GBE | globemm.com
Slide 2: Disclaimer
Disclaimer This Presentation has been prepared by Globe Metals & Mining Limited ABN 33 114 400 609 (Globe or the Company). The information in this Presentation is an overview and does not contain all information necessary for This Presentation contains certain forward-looking statements and comments
Slide 3: What is niobium and how is it used?
What is niobium and how is it used? Ferroniobium (at 65% niobium) is the primary saleable form of the metal and sells for over US$40,000/tonne. Construction Ferroniobium is primarily used in the production of High Automotive and Transport Strength Low Alloy (HSLA) steel which is used extensively Aer
Slide 4: A game-changing market opportunity
A game-changing 1 Source: https://www.autofutures.tv/topics/how-niobium-makes-batteries-greener--cheaper-and-cleaner---with-insights-from-a-nobel- prize-winner--/s/7457515b-c647-434f-8877-31321e968592 market opportunity 2Source: World’s Leading Niobium Anode Battery Materials Supplier (echiontech.co
Slide 5: Niobium demand will grow but supply is limited
Niobium demand will grow 1 Source: https://www.mining.com/web/niobium-mining-the-first-step-in-building-a-fighter-jet/ 2 Source: https://www.mining-technology.com/projects/niobec-niobium-mine-quebec/ but supply is limited 3 Source: https://www.researchgate.net/publication/272424460_Niobium_oxide_min
Slide 6: That's why its at the top of critical mineral lists
That’s why its at the top of critical mineral lists Niobium is considered critical not just in Australia but also in the EU, US, Japan, and India. Niobium for safe, ultra-fast battery charging. ASX GBE | 6
Slide 7: CBMM is dramatically increasing niobium oxide production
CBMM is dramatically increasing 1 Source: Derived and extrapolated from reports on https://niobium.tech/, https://www.echiontech.com/, https://cbmm.com/en/ niobium oxide production. CBMM will invest U$80m on increasing their niobium oxide capacity from 10,000 tonnes per annum to 45,000tpa by 2030 to
Slide 8: Niobium is five times the price of copper
Niobium is five times the price of copper Currently, average niobium Niobium Oxide 2 oxide(Nb205) prices are1: 25,000 • $US41,500t for 99.5% (FOB China) 20,000 • $US51,500t for 99.99% (FOB China) 15,000 10,000 This equates to 200% increase compared to 2001. 5,000 0 2023 2025 2027 2030 1 Source: Dail
Slide 9: Kanyika Niobium Project
Kanyika Niobium Project Malawi, Africa The first globally significant niobium mine in 50 years. Shovel-ready, fully permitted, advanced staged project covered by a Mining Development Agreement, Mining Licence, and all Figure 1. Signing ceremony for the Mining Development Agreement environmental and
Slide 10: Kanyika Niobium Project: Production in Malawi, Processing in Namibia
Kanyika Niobium Project Malawi, Africa Production in Malawi. Processing in Namibia. • Malawi is a conflict free, democratic country underpinned by its 2022-2027 mining strategic plan where mining will be the main contributor to the sustainable socio-economic growth and development of the country. •
Slide 11: Large resource base and long mine life
Large resource base and long mine life The first globally significant niobium mine in 50 years. Mineral Resources Measured Indicated Inferred Total 5.3Mt 3,770ppm Nb2O5 47Mt 2,860ppm Nb2O5 16Mt 2,430ppm Nb2O5 68.3Mt 2,830ppm Nb2O5 19,981t Contained Nb2O5 134,420t Contained Nb2O5 38,880t Contained Nb
Slide 12: Development plan
Development plan Decision to mine First ore Full-scale Capital Raise 1 Capital Raise 2 Capital Raise 3 Based on internal 2021 US$250m Based on internal 2021 Approx. A$8m US$70m feasibility study estimates feasibility study estimates March 2023 > H1 2024 H1 2024 > Q4 2024 November 2027 Feasibility St
Slide 13: Phase One
Phase One Scaleable start-up operations Kanyika mine site: Phase One- 340,000 tons of ore (190,000) and waste mined per annum at 25tph > > > > > > Open pit mining Crushing Milling Flotation Drying Concentrate Sale and trucking “Free dig” mining Primary jaw and EDS mill Single stage: Locally produced
Slide 14: Phase One Metrics
Phase One Metrics Small scale ramping up to large scale All quoted in USD Production (Nb2O5) Production (Ta2O5) Kanyika concentrate IRR Operating costs NPV 3 years 3 years 3 years 3 years 3 years 3 years 720tpa >97% recovery | >99% product 32tpa >96% recovery | >99.9% product 3.6ktpa 90% concentrato
Slide 15: Life Of Mine Metrics
Life Of Mine Metrics 1.5 years payback post first production All quoted in USD Production (Nb2O5) Production (Ta2O5) Kanyika concentrate IRR Operating costs NPV 23 years 23 years 23 years 23 years 23 years 23 years 3,250tpa >95% recovery | >99.9% product 140tpa >95% recovery | >99.9% product 11.9ktp
Slide 16: Processing improvements
Processing improvements to the original feasibility completed in August 2021 All quoted in USD Concentrator Refinery Original Original Original Original 2-stage 12 flotation Jaw crusher Hydrofluoric flotation 1 2 reagents Dual water SAG mill Ball mill combination Sulphuric Acid Leach with Ammonia pr
Slide 17: Near-term value drivers
Near-term value drivers March 2023 September 2023 November 2023 Signing of MDA Complete advanced sample test-work Namibia EIA • Signing of Mining Development Agreement • Milling through EDS mill • Plant emission and residues data collected on Kanyika Project • Gravity volume reduction • Location dat
Slide 18: Corporate snapshot
Corporate snapshot ASX GBE Share price Market capitalisation Debt Shares on issue Cash Various options $A0.069 A$35.0m A$1.2m 506.7m A$0.2m 22m 1 August 2023 1 August 2023 30 June 2023 1 August 2023 30 June 2023 1 August 2023 52 week high $0.11, low $0.047 ASX Share price performance ($A) Share regi
Slide 19: Appendices
Appendices Niobium for safe, ultra-fast battery charging. ASX GBE | 19
Slide 20: Competent person's statement
Competent person’s statement Mineral resource estimates: Ore reserves: The information in this report that relates to Mineral Resources is extracted from the report titled The information in the report that relates to Ore Reserves is extracted from the report titled “Kanyika “Kanyika Niobium Project
Slide 21: Strong internal ESG Drivers
Strong internal ESG Drivers (in addition to Niobium making batteries greener, cheaper and cleaner and hence supporting climate change) Social Environment Social and Irrigation water Growing biomass Biogas from Solar PV with Production Regenerative Labour Plan for purchase by biomass 1 battery storag
Slide 22: Our partners
Our partners Significant experience civils, technology, refining and logistics. Minimizing logistics, mineral processing and production technology risk. Mine Civils Milling Technology Mine Plant Logistics Refining Technology Laboratory Refinery S.R. Nicholas Ltd EDS has been Solo has a wealth of C.
Slide 23: Leadership - Board of Directors and Executive management
Leadership- Board of Directors and Executive management Global mining experience Alice Wong Bo Tan Ricky Lau Michael Barrett Michael Choi OAM Non-Executive Chairperson Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Commenced her business career with A Can
Slide 24: The market for Niobium
The market for Niobium Niobium oxide NB205 Ferroniobium FeNb E-Mobility Construction Transport Renewable Healthcare including including EV’s energy and batteries and telecoms High strength low space/defence Soft Magnetic alloyed steel Nanocrystalline Cathode and anode (Microalloy) in Soft Magnetic A
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