Neometals Ltd · ASX:NMT
Neometals — Investor Presentation (April 2021)
26 slides from Neometals's investor presentation, Apr 16, 2021
Slide 1: Barrambie - Waking the Sleeping Giant
BARRAMBIE - WAKING THE SLEEPING GIANT 16 April 2021 ASX Code: NMT OTC/Nasdaq Intl: RDRUY FRA: R9R
Slide 2: Disclaimer
DISCLAIMER Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information aboutt the Company and its associated entities and their activities current as at the date of this document. The information contained in this document is of
Slide 3: Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future
Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future • ASX-listed project developer • Focus on minerals & materials for EV and energy storage sectors • 4 core projects with partners and Nickel exploration via Mt Edwards • Project executi
Slide 4: Neometals core projects
Lithium-Ion Battery Recycling Project (Feasibility Stage, 50:50 Incorporated JV) Vanadium Recovery Project (Pre-Feasibility Stage, option to form 50:50 Incorporated JV) Lithium Refinery Project Vanadium Recovery (Feasibility Stage, MOU LiB Recycling for 50:50 Incorporated JV) Barrambie Titanium Lith
Slide 5: Chinese titanium industry structural changes present Neometals with a strategic opportunity
Chinese titanium industry structural changes present Neometals with a strategic opportunity • For environmental and economic reasons China is transitioning to feedstocks suitable for Chloride Pigment production • Preference for high grade feedstocks such as synthetic rutile, high quality ilmenites a
Slide 6: The Opportunity: Growing Chinese Demand for Feedstocks Suitable for Chloride Pigment
THE OPPORTUNITY: GROWING CHINESE DEMAND FOR FEEDSTOCKS SUITABLE FOR CHLORIDE PIGMENT 6
Slide 7: The Market: Growing Chinese Demand for High Quality Ilmenite
THE MARKET : GROWING CHINESE DEMAND FOR HIGH QUALITY ILMENITE Source: Source: Asian Metal 7
Slide 8: The Market: Growing Chinese Demand for High Grade Vanadium/Iron Ore
THE MARKET : GROWING CHINESE DEMAND FOR HIGH GRADE VANADIUM/ IRON ORE Source: Source: Fastmarkets 8
Slide 9: The Solution: Wake the Sleeping Giant
THE SOLUTION WAKE THE SLEEPING GIANT Barrambie Titanium and Vanadium Project 100% Neometals Owned 9
Slide 10: Barrambie Flythrough
BARRAMBIE FLYTHROUGH www.neometals.com.au/barrambie-3d-flythrough 1 10 0
Slide 11: Barrambie Overview
BARRAMBIE OVERVIEW Globally one of the highest-grade hard-rock titanium assets • 100% owned • Tier 1 jurisdiction • Granted mining lease • EPA approval • >A$33M spent to date in exploration / evaluation (inc. 55,000m of drilling) • Established a large resource base • Evaluated a number of flowsheets
Slide 12: The Solution: Wake the Sleeping Giant
THE SOLUTION: WAKE THE SLEEPING GIANT Barrambie by Ore Body Size* (Mt) Barrambie Contained Metal* (Mt) *Please refer to ASX announcement 17 April 2018 titled “Updated Barrambie Mineral Resource Estimate” 12
Slide 13: Solution 1: Beneficiation in Australia – Pyromet Refinery in China
SOLUTION 1: BENEFICIATION IN AUSTRALIA – PYROMET REFINERY IN CHINA Schematic Barrambie Development 13
Slide 14: Solution 1: Smelt Barrambie Fe/V/Ti Concentrate in China
SOLUTION 1: SMELT BARRAMBIE FE/V/TI CONCENTRATE IN CHINA Pig Iron 14 14
Slide 15: Solution 2: Potential Reductive Roast Alternative
SOLUTION 2: POTENTIAL REDUCTIVE ROAST ALTERNATIVE Schematic Barrambie Development Reductive roast reduces vanadium level in titanium slag and creates additional options for processing high vanadium iron concentrate 15 15
Slide 16: Solution 2: Potential Reductive Roast Alternative
SOLUTION 2: POTENTIAL REDUCTIVE ROAST ALTERNATIVE 16 16
Slide 17: The Strategy: Secure Strong Partners
THE STRATEGY: SECURE STRONG PARTNERS Conditional MOU signed for 50:50 operating JV with leading Ti-V Research Institute IMUMR • IMUMR has Chinese national mandate to develop upstream supply chains for strategic industries. China is half of global titanium pigment production • IMUMR (China Geological
Slide 18: The Strategy: Secure Strong Partners
THE STRATEGY: SECURE STRONG PARTNERS • MOU* executed with leading titanium slag producer Jiuxing Titanium Materials (Liaonging) Co. Ltd • MOU contains an evaluation framework and key commercial terms that contemplates the parties negotiating and entering into a binding formal offtake agreement for t
Slide 19: Next Steps
NEXT STEPS: • Advance BOO/T discussions on potential contract for operations • Mine 250t bulk sample from Barrambie (permitted) • Crush and truck to 5tph mobile spiral plant • Transport mixed concentrate to China • Jiuxing to blend and batch smelt 100t in commercial titanium smelter • NMT to reducti
Slide 20: Structural changes in Chinese titanium market presents opportunity
Structural changes in Final flowsheet selected Chinese titanium market presents opportunity Large and high grade resource Mining licence in Tier 1 jurisdiction Consistent strategy - partnering to reduce risks and realise returns
Slide 21: Neometals Corporate Overview
NEOMETALS CORPORATE OVERVIEW 21
Slide 22: Corporate Dashboard
CORPORATE DASHBOARD ASX: NMT OTC:RDRUY Shares on Issue1 m 545.4 12 Month Share Price Performance Share Price (14-Apr-21) A$ 0.445 0.50 12,000 Market capitalisation A$m 242.6 0.45 (14-Apr-21) 10,000 0.40 Cash (31-Dec-20) 2 A$m 72.6 0.35 Debt A$m - 8,000 Volume (‘000s) 0.30 Investments Price $A A$m 7.
Slide 23: Appendix: Barrambie Mineral Resource and Reserve Estimates
APPENDIX BARRAMBIE MINERAL RESOURCE AND RESERVE ESTIMATES 23
Slide 24: Appendix – Mineral Resource and Ore Reserve Estimate
APPENDIX – MINERAL RESOURCE AND ORE RESERVE ESTIMATE 24
Slide 25: Barrambie Mineral Resource Estimate
BARRAMBIE MINERAL RESOURCE ESTIMATE Global Mineral Resource as at 17 April 20181 Classification Tonnes (M) TiO2 (%) V2O5 (%) Indicated 187.1 9.61 0.46 Inferred 93.0 8.31 0.40 Total 280.1 9.18 0.44 High Grade V2O5 Mineral Resource at (0.5% V2O5 cut-off)2 Classification Tonnes (M) TiO2 (%) V2O5 (%) In
Slide 26: Barrambie Ore Reserve Estimate
BARRAMBIE ORE RESERVE ESTIMATE Barrambie Project Ore Reserve Estimate 22 May 20192 Ore Reserve Ore Tonnes (M) V2O5 (%) TiO2 (%) Category Probable 39.9 0.78 15.1 Cut-off based on 0.6% V2O5 cut-off (prior to dilution) and net value (revenue minus selling, processing, administration and incremental ore