Korab Resources Limited · ASX:KOR
Korab Resources — Lithium & Battery Metals Conference, Perth 2018
22 slides from Korab Resources's conference presentation, Mar 23, 2018
Slide 1: Lithium & Battery Metals
LITHIUM & BATTERY METALS Perth, Western Australia 21-22 March 2018 KORAB RESOURCES LIMITED Andrej K. Karpinski Executive Chairman Tel: (08) 9474 6166
Slide 2: How Green is Green?
How Green is Green? 300 ® Tank to wheel ®@ Well to tank BOB 250 + production Electricity production 'e 2004 x 2 a2] S 9 150 7 Fuel combustion in car € ao oy ] © 100 Fuel production 50 5 Car production 1.5dCi 1.6116V French European 100% 100% 100% diesel gasoline Lu mix mix natural gas coal hydro a =
Slide 3: Why all the Fuss?
2 Why all the Fuss? NEW TECHNOLOGIES Flight (?) Local grid storage Long range HDV Long range EV Mid range EV Stand-alone storage Small grid stabilization Short range HDV Short range EV HEV Smartphones Cordless tools Kg-1 Laptops TECHNOLOGIES 21 application energy Super Battery Metal-Aijr, Metal-Sulp
Slide 4: Why all the Fuss?
3 Why all the Fuss? Comparison of estimated theoretical energy density 21 of various battery systems 100000 10000 - Sakichi Multivalent battery metals (Mg) Liion Li metal Lead-acid (practical requirement benchmarked from average range and fuel tank volume of current products) Theoretical energy dens
Slide 5: Magnesium based batteries
Why all the Fuss? Magnesium based batteries 4 | 21
Slide 6: Why all the Fuss?
Why all the Fuss? (a) 4000 --—3882 3833_ (c) 6 z % 3000 - > g Ps ‘a Future Mg batteries type 1: 3 2000 o P | High vies sniabaer mh cuhodes = A] ; 5 = Li-ion 2 kWh/kg z abi S ovata = : °o in — = 2 | b = (b) a4 a ° Future Mg batteries type 2: 0.5—-— High capacity Mg-S system . 200 400 600 800 1000 =O
Slide 7: Magnesium & Magnesium-Ion Batteries – Key Points
Magnesium & Magnesium-Ion Batteries – Key Points Magnesium-ion vs Lithium-ion Magnesium is much cheaper and easier to find and produce than lithium Magnesium is multivalent – its ions carry a double positive charge –vs- single positive charge carried by lithium ions In theory, the energy density per
Slide 8: Basic Diagram of Magnesium-ion Battery
Basic Diagram of Magnesium-ion Battery 7 | 21
Slide 9: Magnesium & Magnesium-Ion Batteries - Key Players
Magnesium & Magnesium-Ion Batteries - Key Players Magnesium based battery developers Example of current use Department of Defence (USA) Department of Energy (USA) Honda, Toyota, Samsung, Panasonic–Sanyo, Battery powered train LG Chem Chinese Universities and Institutes Russian Universities and Insti
Slide 10: Magnesium & Magnesium-Ion Batteries (Mg-Sc-Se)
Magnesium & Magnesium-Ion Batteries (Mg-Sc-Se) State of Play Mg-Sc-Se batteries (solid- state electrolyte) Li-Mg-P batteries Mg-Sn-V batteries Mg-air batteries Mg-Mo-S batteries Mg-Fe-Si batteries Multiple angles of research – all relying on magnesium as main component 9 | 21
Slide 11: Magnesium & Magnesium-Ion Batteries (Mg-Sn-V)
Magnesium & Magnesium-Ion Batteries (Mg-Sn-V) 10 | 21
Slide 12: Magnesium & Magnesium-Ion Batteries (Mg-air)
Magnesium & Magnesium-Ion Batteries (Mg-air) State of Play Mg-Sc-Se batteries (solid-state electrolyte) Li-Mg-P batteries Mg-Sn-V batteries Mg-air batteries Mg-Mo-S batteries Mg-Fe-Si batteries Multiple angles of research – all relying on magnesium as main component 11 | 21
Slide 13: Magnesium & Magnesium-Ion Batteries (Mg-Mo-S)
Magnesium & Magnesium-Ion Batteries (Mg-Mo-S) State of Play State of Play Mg-Sc-Se batteries (solid-state electrolyte) Li-Mg-P batteries Mg-Sn-V batteries Mg-air batteries Mg-Mo-S batteries Mg-Fe-Si batteries Multiple angles of research – all relying on magnesium as main component 12 | 21
Slide 14: Magnesium & Magnesium-Ion Batteries (Mg-Fe-Si)
Magnesium & Magnesium-Ion Batteries (Mg-Fe-Si) State of Play State of Play Mg-Sc-Se batteries (solid-state electrolyte) Li-Mg-P batteries Mg-Sn-V batteries Mg-air batteries Mg-Mo-S batteries Mg-Fe-Si batteries Multiple angles of research – all relying on magnesium as main component 13 | 21
Slide 15: Why Korab?
Why Korab? Korab is developing Winchester deposit - a large, high grade, magnesium carbonate deposit to supply key raw material for production of magnesium oxide and magnesium metal for magnesium batteries Winchester deposit is located 85km by road from Darwin port and accessible by sealed road It w
Slide 16: Winchester Magnesium Carbonate Project Financials
Winchester Magnesium Carbonate Project Financials Project estimated EBITDA at US$105/T magnesium carbonate price and US$0.80 exchange rate YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEARS 5-8 YEARS 9-12 TOTAL (in $ '000) (in $ '000) (in $ '000) (in $ '000) (in $ '000) (in $ '000) (in $ '000) From 37,200 37,800 37,
Slide 17: Other Winchester Project Details
Other Winchester Project Details Exceptionally low capex of ~AU$2.5 million (~US$2Mln) EBITDA Sensitivity to MgCO3 prices Mine can be developed in stages and easily expanded No need for additional funding once mine is in operation, capacity expansion can be fully funded from cashflow Mine can operat
Slide 18: Winchester Magnesium Carbonate Project Location
Winchester Magnesium Carbonate Project Location 17 | 21
Slide 19: Test Mining (Drill & Blast)
Test Mining (Drill & Blast) 18 | 21
Slide 20: Test Mining (Setting Charges)
Test Mining (Setting Charges) 19 | 21
Slide 21: Magnesium Carbonate Has Many Uses
Magnesium Carbonate Has Many Uses MANY CURRENT USES IN KEY INDUSTRIES - CURRENTLY A US$60 BILLION MARKET NEW APPLICATIONS IN RECHARGEABLE AND PRIMARY ENERGY STORAGE Magnesium carbonate processing Magnesium carbonate end users Raw magnesite ore Calcined magnesia Dead burned magnesia Fused magnesia 20
Slide 22: Important Information
Important Information This presentation has been prepared by Korab Resources Limited (“Korab” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those s
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