Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Investor Presentation (February 2021)
27 slides from Alpha Hpa's investor presentation, Feb 11, 2021
Slide 1: Alpha HPA Investor Presentation
Alpha HPA ABN 79 106 879 690, i 4 INVESTOR PRESENTATION HIGH PURITY ALUMINIUM PRODUCTS DRIVING
Slide 2: Cautionary Statement
Cautionary Statement The Definitive Feasibility Study (DFS) referred to in this presentation has been undertaken to assess the technical and financial viability of the HPA First project. The DFS is based on the material assumptions about the availability of funding and the pricing received for HPA.
Slide 3: Alpha HPA: a brief introduction
Alpha HPA: a brief introduction a = We are a technology/industrial chemical company. = We offer exposure to the rapidly growing Li-ion battery and LED lighting markets. = We do this through a suite of ultra-high purity aluminium-based products: Critical raw materials for de-carbonisation = We can of
Slide 4: Recent Project Milestones
Recent Project Milestones = The HPA First Project has been rapidly advanced over the last 18 months Alpha HPA July 719 — Mar ’20: HPA First Pilot Plant - 600+hrs operation, > 40kg HPA Production Feb ’20: Chemical Counterparty Agreement with Orica — Gladstone Project Location Mar °20 Definitive Feasi
Slide 5: Process Flow Sheet: Low Cost & Flexible
Process Flow Sheet: Low Cost & Flexible = Low operational risks: Front-end atmospheric temperatures and pressures Alpha HPA = Simplicity: Ability to recycle reagents as by-products for sale = Low production costs: DFS OpEx estimates <US$6,000/tonne HPA = Purity: Pilot Plant purity reaching 99.998% H
Slide 6: HPA First Project
HPA First Project: Alpha HPA = The key target markets of the HPA First Project remain the LED lighting and Lithium-lon Battery (LiB) markets = The HPA First Process flexibility allows the business to penetrate these markets via numerous high-purity products as set out below PRODUCT HPA First Project
Slide 7: Sector: Technology
SECTOR TECHNOLOGY al LITHIUM ION BATTERY CELLS (Li-B’s) needs our high purity aluminium products APPLICATION OF HIGH PURITY ALUMINIUM PRODUCTS ¢ Separator Coatings ¢ Cathode synthesis * Electrode coatings * Aloha HPA HPA Powder Boehmite Powder Pre-Cursor #1 Pre-Cursor #2 SOLID STATE LIGHTING SIGNS &
Slide 8: HPA First Project: Application Products
HPA First Project: a —_—_ HPA FIRST APPLICATION PRODUCTS Alpha HPA Alumina particle d " coating of High-purity j APPLICATION HPA FIRST cathode active Al-Precursor #1 j 2 i PRODUCT materials Alumina particle coating of graphite anode COIN nil High-purity } \ spheroids NCMA cathode Al-Precursor #2 act
Slide 9: E-mobility: EV penetration accelerating
E-mobility: EV penetration accelerating Alpha HPA = EV penetration rate forecasts increasingly bullish — driven by ‘green tinged’ China and EU stimulus = Aluminium bearing cathode chemistries (NCA + NCMA) set to dominate at >80% by 2030 (UBS) = Alpha HPA now producing 4N+ purity pre-cursors for “A”
Slide 10: E-Mobility — a major player in de-carbonisation
E-Mobility— a major player in de-carbonisation Alpha HPA Alpha HPA is targeting the Lithium-ion battery separator market feeding the e-mobility revolution Pure battery EV’s (BEV’s) are estimated to reduce CO, emissions by >50% per mile travelled GASOLINE-ONLY Conventional cars run on gasoline and te
Slide 11: HPA First Project
HPA First Project: APPLICATION Synthesis of Aluminate (YAG) Phosphors for white LEDS HPA FIRST PRODUCT HPA + High-Purity Al-Precursor #1 Ga-N circuit & Active Layers Phosphor cap LED CHIP ARCHITECTURE SAPPHIRE SUBSTRATE HPA FIRST APPLICATION PRODUCT Sapphire Glass High-purity wafer substrate alumina
Slide 12: The LED Lighting Market — a major player in de-carbonisation
The LED Lighting Market — a major player in de-carbonisation Alpha HPA Alpha HPA is targeting the sapphire glass >> LED lighting market LED lights are 50-70% more efficient than incandescent globes Lighting is responsible for 6% of global CO, emissions". ant A complete switch to LED lighting world w
Slide 13: Projected HPA Deficit
Projected HPA Deficit Alpha HPA = The HPA First Project is scheduled to deliver > 4N HPA into a growing market deficit As part of a detailed HPA market review (Dec 2019), CRU present a > 4N HPA market in relative balance until 2020, after which deficits build through to a large supply deficit of nea
Slide 14: HPA First Project: Brisbane Demonstration Plant
HPA First Project: Brisbane Demonstration Plant The Brisbane Plant has now recorded over 1,700 hrs operation producing >200kg HPA plus precursors Production process has been validated, purity HPA reaching to 99.998% purity Plant upgraded to ‘demonstration’ scale in July-Sept to meet end-user test de
Slide 15: HPA First Project
HPA First Project:
Slide 16: HPA Purity
HPA Purity = The Brisbane Plant has achieved continuous HPA purity improvement — now reaching 99.998% purity Alpha HPA = Purity trend expected to improve on larger volumes and commercial plant Alpha HPA DFS HPA Purity ne 900% (EN) Puy = = = = = = Q = a So i 29.09% 4M Puy af Pan s--p Purity Trendline
Slide 17: Orica MOU
Orica MOU Alpha HPA The HPA First Project requires the supply of two key chemical reagents, which are recycled inside the HPA production process as a by-product for sale back to the reagent supplier. Alpha HPA concluded a Chemical Counterparty Agreement (MOU) with Orica in March 2020 for reagent sup
Slide 18: Project Location
Project Location The Orica MOU has been negotiated on the basis of reagents supply and by-product offtake delivered from/to Orica’s facility in Yarwun, QLD, within the Gladstone State Development Area (‘GSDA). Alpha HPA On this basis, Alpha HPA has executed a land contract with Economic Development
Slide 19: Project Layout
19 Project Layout UTILITIES 3D Model - HPA First Commercial Plant Alpha HPA
Slide 20: Traxys MOU
Traxys MOU = Memorandum of Understanding (MOU) signed in August with Traxys with respect to the HPA First Project Alpha HPA = The Traxys MOU sets the framework for Project-wide cooperation on: 1. Product Marketing and Offtake Joint engagement with respect to prospective customers, with a view to eng
Slide 21: Global Market Outreach: Status
21 Global Market Outreach: Status Global outreach campaign underway to identify key end-users: = 30 individual test orders (all products) delivered = 4 further test orders being serviced at the Brisbane Plant = 2 test programmes underway at the Brisbane Plant at end-user request = Initial sales of 5
Slide 22: Definitive Feasibility Study — March 2020
Definitive Feasibility Study — March 2020 Comprehensive technical and financial validation of the Company’s HPA First Project Production rate of 10,000tpa HPA Annual free cashflow increased to A$280M** Strong Project cashflows under all modelled price scenarios (US$15/20/25kg HPA) Unit cash costs of
Slide 23: Project Schedule
Project Schedule = Alpha HPA is progressing offtakes, permitting and financing workstreams with a target of having Project construction alpha HPA commencing March Qtr 2021 = Targeting first production by late CY2022 2020 2021 2022 2023 Task Months MarQ Jun SepQ DecQ Mard JunQ SepQ DecQ MarQ JunQ Sep
Slide 24: Board & Management
Board & Management " Norman Seckold Chairman 40+ years in the full time management of natural resource companies. Past Chairman and Director of listed companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Minerals NL, Palmarejo Silver and Gold Corp.
Slide 25: Corporate Snapshot
Corporate Snapshot Aloha HPA TRADING INFORMATION SHARE PRICE PERFORMANCE - 12 MONTHS ASX CODE AAN “ Share Price (05-02-2021) 40.0c 52-week trading range 8.6c - 42c z oso Issued Shares 692.4M 2 CAPITAL STRUCTURE Issued Shares 692.4M on Unlisted options (@20c) 5.0M (expire 30 June 2021) A A Unlisted o
Slide 26: Contacts
Contacts Rimas Kairaitis y Algha HPA Managing Director rkairaitis@alphalipa.commau WWW.alphahpa.com.au +61 408 414 474 Camerotr Peacock InvestOmRelations and Business Development cpeacock@alphahpa.com.au +61,439-908.732
Slide 27: Competent Person Statement (Process Development Testwork)
27 Competent Person Statement (Process Development Testwork) Information in this announcement that relates to metallurgical results is based on information compiled by or under the supervision of Dr Stuart Leary, an Independent Consultant trading as Delta Consulting Group. Dr Leary is a Member of Th