Genmin Ltd. · ASX:GEN
Genmin — Investor Presentation (October 2024)
19 slides from Genmin's investor presentation, Oct 4, 2024
Slide 1: An emerging producer of greener iron ore
An emerging For personal use only producer of greener iron ore. October 2024
Slide 2: Important Notice
Important Notice “NOT FOR DISTRIBUTION TO OR INTO THE UNITED STATES” This presentation is provided by Genmin Limited ACN 141 425 292 (Genmin or the Company). Statements in this presentation are made only as at the date of this presentation and the information in this presentation remains subject to
Slide 3: Important Notice
Important Notice “NOT FOR DISTRIBUTION TO OR INTO THE UNITED STATES” No registration Neither this presentation nor any part or copy of it may be taken or transmitted into or distributed, directly or indirectly, into the United States or any other jurisdiction where it is unlawful to do so. No securi
Slide 4: Highlights
Highlights • Baniaka, Development stage iron ore For personal use only project, • Greener, higher value products with lower carbon intensity in iron making • Increasing demand for green steel • Cashflow targeted inside 18 months • Environmental approval & Mining Permit received • Financing discussio
Slide 5: Corporate dashboard
Corporate dashboard Capital Structure | ASX : GEN For personal use only Item Unit Number Board Michael Arnett Giuseppe Ariti John Hodder Shares M 686.2 Salvatore Amico Greg Lilleyman Options M 121.4 Performance Rights M 4.5 Management Fully Diluted M 812.1 Andrew Haslam Interim CEO Patrice Raimbault
Slide 6: Gabon, peaceful, stable & solidarity for transitional leadership
Gabon, peaceful, stable & solidarity for transitional leadership • Proactive transitional government promoting new economic development • April 2024: Inclusive National Dialogue For personal use only • July 2024: President, Minister of Mines & other ministers visit Baniaka • September 2024: Referend
Slide 7: Starter Mine: 5Mtpa, 10-year life (base case)
Starter Mine: 5Mtpa, 10-year life (base case1) Capex Financial Metrics Cost Area US$M Metric Value For personal use only Accommodation village & processing facility Life of Mine 10 years 12.0 site preparation NPV8 US$391M Processing facility 82.0 IRR 38% Non-process infrastructure 21.7 Payback perio
Slide 8: Mine to market solution, renewable energy & land logistics agreements in place
Mine to market solution, renewable energy & land logistics agreements in place For personal use only Grand Poubara Trans-Gabon Railway Owendo Mineral Port Hydropower Station Long-term power supply Long-term integrated rail & port Shareholders: agreement signed for green, agreement signed with AP Mol
Slide 9: Grand Poubara Hydropower Station
Grand Poubara Hydropower Station For personal use only 9
Slide 10: Trans Gabon Railway
Trans Gabon Railway For personal use only 10
Slide 11: Owendo Mineral Port
Owendo Mineral Port For personal use only 11
Slide 12: Products, offtake & financing partners
Products, offtake & financing partners • High iron grade, low deleterious For personal use only elements % • Three offtake MoUs with partners inside Fe SiO2 Al2O3 P S LOI the top 15 global steel producers Lump (30%) 64.0 3.7 1.5 0.1 0.0 3.2 • To date, 19 million tonnes of offtake Fines (50%) 64.8 3.
Slide 13: Targeted Baniaka Development Timeline
Targeted Baniaka Development Timeline For personal use only Targeted Targeted commercial financing production ✓ ✓ PROGRESSION OF BUILD FINANCING & Environmental Mining MINING CONVENTION CONSTRUCTION & Approval Permit COMMISSIONING 10Mtpa expansion & 2023 Q3 Q4 2024 Q1 Q2 Q3 Q4 2025 H1 H2 2026 +20Mtp
Slide 14: Thank you. Contact us
Thank you. For personal use only Contact us London House, Suite 3, Level 8 216 St Georges Terrace, Perth WA 6000 ir@genmingroup.com +61 8 9200 5812 | ir@genmingroup.com A white hexagon with black text and a check mark
Slide 15: Appendix
For personal use only Appendix. 13
Slide 16: Our values guide how we treat people & our decision making
Our values guide how we treat people & our decision making For personal use only Pioneering Equitable Transparent New solutions are required to Our partnerships and We work with honesty and build a future that empowers processes are driven by a integrity. The way we treat stakeholders, respects the
Slide 17: ESG, part of our DNA
ESG, part of our DNA • ESG certified by London based, independent assessment For personal use only organisation, Digbee ESGTM • 0.5% of gross revenue to be set aside for social & nearby community investment programs • Clean, renewable hydroelectricity reducing carbon intensity in iron making GENMIN
Slide 18: Gabon, mature investment jurisdiction
Gabon, mature investment jurisdiction For personal use only • GDP, US$19.3B for 2023 • Sovereign Credit Rating at “B-” with outlook stable1 • Mature resources investment jurisdiction: • Ozouri oil field discovered in 1956 • Manganese production commenced at Moanda in 1962 • Dedicated Ministry of Min
Slide 19: Province scale hub
Province scale hub For personal use only • Geological & infrastructure endowment • Significant Mineral Resource & Ore Reserve upside potential at Baniaka • >80% of Baniaka remains undrilled • 760Mt JORC Mineral Resource estimate1 • 101Mt JORC Ore Reserve estimate1 • Magnetite opportunity • Baniaka E