Australian Vanadium Limited · ASX:AVL
Australian Vanadium — Resources Rising Stars May 2016
27 slides from Australian Vanadium's conference presentation, May 2016
Slide 1: Investing in the future with Australian Vanadium
Investing in the future with Australian Vanadium Resources Rising Stars May 2016 Vincent Algar Managing Director
Slide 2: Disclaimer
Disclaimer The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. Comment It is common practice for a com
Slide 3: Who is AVL?
Who is AVL ? • Vanadium focused ASX listed company • Active evaluation and development of a long-life, low-cost vanadium Project (Gabanintha) in Western Australia • Significant project with large, high-grade Measured, Indicated and Inferred resources • Believe vanadium energy storage market will dis
Slide 4: Corporate Snapshot
Corporate Snapshot Capital structure and major shareholders Key Statistics (as at 3/0416) Ordinary shares on issue 998.1m Options on issue (ex at 1.47c AVL Share Price History 258.3m expire Dec 2017) $0.020 160,000,000 Listed Options (ex at 2.c exp 231.8m Dec 2018) AVLO $0.018 140,000,000 $0.016 Sha
Slide 5: AVL Vertical Integration Strategy
AVL Vertical Integration Strategy Australian Vanadium Ltd Construct Energy Storage Steel Market Electrolyte Plant Market Develop Gabanintha V-Ti-Fe Project Vanadium Steel Vanadium V2O5 Battery and Market Products Battery Market Electrolyte Renewable Energy (V2O5 and FeV) products Producer Generation
Slide 6: Vanadium Markets Energy Storage
Vanadium Markets Energy Storage 6
Slide 7: Vanadium in Energy Storage
Vanadium in Energy Storage “Energy storage has the potential to transform our entire energy system.”– Clean Energy Australia 7
Slide 8: Vanadium in Energy Storage
Vanadium in Energy Storage Unique characteristics of Vanadium Redox Batteries (VRBs) • Flow Battery Technology well established and at commercial deployment status • VRBs provide a way to store and re-supply renewable energy. Their very high capacity is ideal for large-scale energy storage applicati
Slide 9: Vanadium in Energy Storage
Vanadium in Energy Storage Battery technology–Defining the space for flow battery technology Vanadium Flow Batteries are Energy Batteries that provide a unique ability to significantly time-shift very large amounts of previously generated energy. Source: GILDEMEISTER Energy Storage 9
Slide 10: Vanadium vs Lithium: Key Comparisons
Vanadium vs Lithium : Key Comparisons Vanadium Flow Battery Lithium (Li-ion) Energy Battery – Store large amounts of Power Battery – ideal for shorter term high energy for later use power application Energy stored in Electrolyte Tanks All energy stored in cell Stable – non-flammable Flammable (prone
Slide 11: Redox Battery Market Beckons in Australia
Redox Battery Market Beckons in Australia Can the VRB be the ultimate grid energy storage solution for Australia? • Rising power costs: VRB can reduce power bills by peak off-peak shifting and demand management • Australia has world’s most extended networks: Many fringe-of-grid and off-grid opportun
Slide 12: First CellCube Sale Completed in WA
First CellCube Sale Completed in WA Rural Site to benefit from Solar PV plus CellCube to shift to 90% renewable energy self consumption • First commercial vanadium flow battery to be commissioned in Western Australia. • The GILDEMEISTER CellCube FB 10-100 is to be installed at a Busselton agricultur
Slide 13: Key Partnerships in Place to Grow Strategy
Key Partnerships in Place to Grow Strategy AVL is on track to achieving vanadium storage market objectives with excellent market and technology companies • GILDEMEISTER energy • Sun Connect is an Australia-wide • C-Tech Innovation is a UK research storage GmbH developed the commercial solar solution
Slide 14: Vanadium Markets Steel
4 Australian LIMITED Vanadium Markets Steel
Slide 15: Vanadium Markets - Steel
Vanadium Markets - Steel Despite reduced rate of steel production, demand for vanadium continues to grow. Steel remains a price driver for vanadium 3% 4% Steel Alloy Titanium Alloy • Steel is primary market (92% of vanadium Chemical Catalyst consumption) Other • Addition of 0.2% vanadium increases s
Slide 16: Vanadium Markets - Overview
V Vanadium Markets - Overview Supply and demand outlook offers compelling opportunity for early involvement – particularly with interest from Energy Storage • Upward price signals are clear from very recent data (RN and BM via TTP Squared analysis) • FeV prices up between 36% and 41% in past four mo
Slide 17: Globally Significant Project
Globally Significant Project 17
Slide 18: Global Player
Global Player Gabanintha Project is significant development project on a global scale in grade and size 18
Slide 19: Vanadium Peer Comparison
Vanadium Peer Comparison • Gabanintha a globally significant deposit. • Measured and Indicated Resources of 24.7Mt (HG zone of 57Mt at 1.00%V2O5 as part of total 91.4 Mt at 0.82% V2O5 ) • Undervalued with significant leverage to current share price • AVL Market Cap of $10m compares to TNG Market Cap
Slide 20: Gabanintha Vanadium Project
Gabanintha Vanadium Project Excellent project location and significant additional resource potential 20
Slide 21: Gabanintha Vanadium Project
Gabanintha Vanadium Project High grade resource in favourable mining jurisdiction in Murchison of WA • One of the highest-grade vanadium deposits currently being advanced globally • JORC 2012 compliant total resource of 91.4Mt at 0.82% V2O5, 10% TiO2 and 35% Fe • Separate high-grade Measured Indicat
Slide 22: Gabanintha Vanadium Project
Gabanintha Vanadium Project Discrete high-grade zone, simple geometry, suitable for open pit mining 22
Slide 23: Vanadium Resource
Vanadium Resource Large high-grade resource JORC Million In situ bulk Material Resource V2O5 % Fe% TiO2 % SiO2 % Al2O3 % LOI% Tonnes density Class High grade Measured 7 3.73 1.09 43 12 10 8 3.4 Indicated 4.3 3.29 1.07 41 12 12 9 4.6 Inferred 45.5 3.67 0.97 42 11 12 8 2.8 Subtotal High Grade 56.8 3.6
Slide 24: Gabanintha Vanadium Project
Gabanintha Vanadium Project Concept engineering study shows potential CONCEPT STUDY PARAMETERS – CAUTIONARY STATEMENT The Concept Study in this presentation (nominal +/- 50% accuracy) is based on low-level technical and economic assessments, and is insufficient to support estimation of Ore Reserves
Slide 25: Gabanintha Concept Study
Gabanintha Concept Study Concept engineering study shows economic potential • Engineering concept study being updated from 2014 to include new resource and metallurgical data • High quality vanadium electrolyte plant for energy storage products will be part of design, offering significant value upli
Slide 26: Australian Vanadium: Investing in an energy future
Australian Vanadium: Investing in an energy future AVL is an active company with a strategy to identify and grow opportunities that lead to cash flows and unique market positions • Gabanintha resource quality and size can support a long life, low cost operation • Outstanding metallurgical results su
Slide 27: Vincent Algar, Managing Director
Vincent Algar, Managing Director Telephone: +61 (8) 9228 3333 Email: info@australianvanadium.com.au Website: australianvanadium.com.au Office Location: 129 Edward Street, Perth Western Australia 6000 27
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