Cobalt Blue Holdings Ltd. · ASX:COB
Cobalt Blue — Investor Presentation (April 2024)
18 slides from Cobalt Blue's investor presentation, Apr 18, 2024
Slide 1: Investor Presentation April 2024
Investor Presentation For personal use only April 2024 This presentation has been approved for release by the CEO & Executive Director ASX: COB
Slide 2: Strategic Priorities
Strategic Priorities Re-Mining Targets include COB Business model: Equity partner & operator Flin Flon Mine, Canada For personal use only Large-scale test work 100mt – gold, copper, zinc Potential commercial agreement to progress technical studies European Raw Materials Alliance (ERMA)
Slide 3: Refinery Schematic and Use of Funds
Refinery Schematic Use of Funds 1. Refinery Development Program (completion of pre- For personal use only construction) Technical Studies Approvals and Permits Cobalt Solvent Extraction Strip Cell Feedstock agreements Marketing and Offtake agreements 2. Re-Mining Progress Hudbay relationsh
Slide 4: Building an Allied Supply Chain
Building an Allied Supply Chain For personal use only Bridging COB is uniquely placed to become an early entrant in diversifying the Allied Supply Chain the Gap The Refinery is one of the first global replies (and the first Australian-domiciled response) to the US IRA Act IRA compliant material* is
Slide 5: Technology Development Centre
Cobalt Sulphate Technology Development Centre Our processing technology is unique by combination, based on industry-standard processing equipment. Metal products are customized to market requirements. For personal use only Nickel Sulphate Pilot Plant (2021) + Demonstration Plant (2022–ongoing) +A$
Slide 6: Cobalt-Nickel Refinery Site Layout
Site Layout Cobalt-Nickel Refinery Proposed large-scale operation to produce battery grade sulphate for IRA- compliant markets. Expected to generate stable margins throughout the highs and lows of the cobalt price cycle. For personal use only Kwinana Industrial Area Location Western Australia Cobalt
Slide 7: Potential partners: Iwatani Corporation
+ For personal use only Potential partners in developing + Heads of Agreement executed (non-binding) Finalisation of a binding agreement would align both projects, enabling the Refinery to commence and expand production, initially with third-party feedstock, potentially followed by BHCP-sourced
Slide 8: Re-Mining
Re-Mining Our patented technology is at the forefront of a new frontier in mining: Leveraging COB’s patented flowsheet for re-mining of sulphur and …where pyrite-rich tailings can be re-evaluated battery metals from mine waste. The sale of recovered products covers and re-mined cost of rehabilitatio
Slide 9: Re-Mining Approach
Re-Mining Approach We provide bespoke solutions on a site-by-site basis around the world For personal use only Assess Test Build Operate We rigorously and Using our inbuilt Our experience in We bring the pride in our open-mindedly assess expertise and capability, building and operating the technical
Slide 10: Flin Flon Tailings Project
Flin Flon Tailings Project Project: Cobalt Blue and Hudbay Minerals For personal use only collaborating to apply Cobalt Blue’s processing technology TM Site: Flin Flon Tailings Storage Facility Manitoba, Canada Aim: Equity partner & operator Commodities: Zn-Cu-Au Status: • 50kg sample received in Au
Slide 11: Broken Hill Cobalt Project
Open cut mining Broken Hill Cobalt Project Onsite processing plant to treat ore by Primary cobalt resource with the potential to develop a large-scale Concentration operation to be integrated with the Cobalt-Nickel Refinery in Kwinana Thermal decomposition For personal use only Pressure-oxid
Slide 12: Milestones/Indicative Timetable
Milestones/Indicative Timetable 23 2024 2025 For personal use only 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q Refinery Study Published Refinery Development Program Launch Permitting Studies Testing intermediate samples at BHCP Demo Plant Operating Permits 3rd party supply / offtake contracts Completion of Financing
Slide 13: Cobalt for the Energy Transition: Production
Mined Production Cobalt for the Energy Transition For personal use only The majority of existing and future supply is highly concentrated with concerns over responsible sourcing from mined production and supply security among processing supply Note: Chinese interest controls 25 of the 29 operating D
Slide 14: Cobalt for the Energy Transition
Cobalt for the Energy Transition Cobalt provides lithium-ion batteries superior energy density and thermal stability For personal use only EV demand dominated Nickel:Cobalt-based chemistries forecast to remain +50% market share Cobalt’s use in batteries 2018 2030 EVs are forecast to become the major
Slide 15: COB Capital Structure
COB Capital Structure For personal use only Capital Structure: Ordinary Shares: 378m Performance Rights: 5.8m Promissory Note1 (5yr to 2025): $3.0m Market Cap (undiluted): $55m Share Price: Share Price: $0.15 Cash & equivalents on hand As at 31/12/2023: $5.3m ASX: COB 16 Source: Cobalt B
Slide 16: Disclaimer
Disclaimer The following notice and disclaimer apply to this investor presentation (Presentation). You Forward-looking statements and forecasts are therefore advised to read this carefully before reading or making any other use of this For personal use only This Presentation contains certain “forwar
Slide 17: Compliance Statements
Compliance Statements Information included in this presentation is, in part, extracted from reports For personal use only available via https://www.cobaltblueholdings.com/ and referenced in the following Compliance Statements. The Company confirms that it is not aware of Assumption Input any new inf
Slide 18: Compliance Statements: Mineral Resource Estimate
Compliance Statements The Mineral Resource estimate for the BHCP deposits (at a 275 ppm CoEq cut-off) detailed by Mineral Resource classification. Note minor rounding errors may have occurred in compilation of this table. For personal use only Classification Tonnes (Mt) CoEq (ppm) Co (ppm) S (%) Ni
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