Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Noosa Mining & Exploration Investor Conference (July 2021)
15 slides from Andromeda Metals's conference presentation, Jul 16, 2021
Slide 1: Developing a World-Class Halloysite-Kaolin Project
July 16, 2021 For personal use only DEVELOPING A WORLD-CLASS HALLOYSITE-KAOLIN PROJECT AN EMERGING INDUSTRIAL MINERALS PRODUCER WITH NUMEROUS VALUE CHAINS ASX:ADN www.andromet.com.au v
Slide 2: Corporate Overview
CORPORATE OVERVIEW 2 For personal use only $413M $32M $0M 2,361M $0.175 MARKET CASH DEBT FULLY PAID CURRENT SHARE CAPITALISATION ORDINARY SHARES PRICE $0.50 90 BOARD MEMBERS $0.45 80 • Rhod Grivas – Non Executive Chairman $0.40 • James Marsh – Managing Director 70 • Joe Ranford – Operations Director
Slide 3: Andromeda Assets
ANDROMEDA ASSETS 3 For personal use only HALLOYSITE-KAOLIN PRIMARY FOCUS Great White Kaolin (ADN 75% JV with MEP 25%) and Mount Hope (100%) Both Projects in South Australia Natural Nanotech (ADN 50% JV with MEP 50%) GOLD COPPER ASSETS& JV’S ADDITIONAL Environmental Drummond Project Cobra Resources J
Slide 4: Great White Kaolin Project
GREAT WHITE KAOLIN PROJECT 4 (Joint Venture 75% Andromeda:25% Minotaur) For personal use only Primary Project Focus – Halloysite-Kaolin • Great White – considered the world’s largest known high-purity halloysite-kaolin resource • Current total resources exceeding 100Mt • Located close to essential i
Slide 5: What is Halloysite-Kaolin
WHAT IS HALLOYSITE-KAOLIN 5 For personal use only Standard Kaolin Product Kaolinite Plates Halloysite Tubes The Great White Resource is a naturally occurring blend of tubes and plates v
Slide 6: Kaolin Uses
KAOLIN USES 6 For personal use only Rubber Cement Other You already use kaolin in a vast number Plastic 3% 3% 1% of applications, everyday 4% Fibreglass 5% Refractories Paper 5% 37% Estimated % Ceramics Medical Paint & Coatings Paints & Coatings Markets of 8% 26.5M/T FOR 2019 Transport Plastic Produ
Slide 7: Binding Off-Takes in Place
BINDING OFF-TAKES IN PLACE Initial Business Already Underwritten For personal use only Paint Product - Out-Performs the World’s Best Kaolin Products • Binding Offtake signed for 70,000t/pa of premium paint grade into China • Price fixed for three years and higher than the PFS price (A$700/t) • Signi
Slide 8: New Halloysite-Kaolin Product for Concrete
NEW HALLOYSITE-KAOLIN PRODUCT 8 For Concrete For personal use only Great White HRM™ In Construction Products Commercial testing in progress Only 1kg in 3 tonnes of concrete required Potential Benefits ▪ Carbon footprint reduction ▪ Cost reduction ▪ Performance improvements ▪ Handling improvements Au
Slide 9: Halloysite & Nanotechnology Uses
HALLOYSITE & NANOTECHNOLOGY USES 9 For personal use only Most researched clay mineral in the world Use only constrained by supply Carbon Dioxide Batteries and Super- Water Purification shortage Capture/Storage and Capacitors Conversion to Fuels • Great White Project halloysite-kaolin is already work
Slide 10: High Purity Alumina Project
HIGH PURITY ALUMINA PROJECT For personal use only • High Purity Alumina (HPA) is recognised as a key component in the Lithium-Ion Battery supply chain • Annual demand is set to quadruple between 2020 and 2028 causing a significant shortfall in supply • Current 4N (99.99%) HPA pricing is approx. US$2
Slide 11: Feasibility Study Progress
FEASIBILITY STUDY PROGRESS 11 For personal use only Great White Project PFS DFS • On-site wet processing from start of production • Likely to incorporate a phased construction: • 250ktpa of ore processed year one • Doubling of capacity end of year two • Based on coatings and ceramic market products
Slide 12: What's Next
WHAT’S NEXT 12 For personal use only • Additional Binding Offtake Agreements – 100% sold out • Definitive/Bankable Feasibility Studies – debt funding • Mining Approvals • High Purity Halloysite – resource and/or purification • Concrete Application Testing – commercial agreement • Additional Resource
Slide 13: Key Takeouts & Summary
KEY TAKOUTS & SUMMARY 13 For personal use only 1 2 3 Andromeda has one of the world’s This is a high value industrial Global demand is increasing, and largest resources of high purity mineral selling into a low-volatility supply is decreasing halloysite-kaolin market 4 5 6 Simple business model with
Slide 14: Thank You
For personal use only THANK YOU James Marsh Managing Director james.marsh@andromet.com.au ASX:ADN www.andromet.com.au v
Slide 15: Cautionary Statements
15 For personal use only Cautionary Statements The preliminary feasibility study (Pre-Feasibility Study, PFS) referred to in this announcement has been undertaken to study a range of options to produce high-quality halloysite-kaolin product from the Kaolin Resource at Poochera in South Australia in
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