Triton Minerals Limited · ASX:TON
Triton Minerals — Investor Presentation (October 2018)
25 slides from Triton Minerals's investor presentation, Oct 2, 2018
Slide 1: Developing World Class Projects for the Graphite Revolution
DEVELOPING WORLD CLASS PROJECTS FOR THE GRAPHITE REVOLUTION EXECUTING STRATEGY AND SYSTEMATICALLY MOVING TOWARDS PRODUCTION 2 October 2018 TRITON MINERALS | ASX: TON 1
Slide 2: Triton: Ground Work All Done, Ready to Launch
TRITON: GROUND WORK ALL DONE, READY TO LAUNCH Great location, right commodity & growing markets Three world class projects in a stable jurisdiction and proven graphite producing region World Class Assets Ancuabe, Nicanda Hill the world’s largest graphite-vanadium deposit and Nicanda West Under
Slide 3: Undervalued Relative to Peer Group
UNDERVALUED RELATIVE TO PEER GROUP • Research supports undervalued proposition, Argonaut • Highly experienced and motivated management valuation is $0.18 per share • Share price remains undervalued relative to its ASX Price down 61% CY2018 • Triton is trading at the lowest peer group EV/Contained pe
Slide 4: Mozambique – A Great Place to Be Developing
MOZAMBIQUE – A GREAT PLACE TO BE DEVELOPING A stable mining jurisdiction with a supportive government • Population 29 million, main language Portuguese Tanzania Cabo Delgado • Cabo Delgado is a proven graphite producing region Malawi and Montepuez Pemba • Mozambique has a mature mining industry, wit
Slide 5: World Class Portfolio of Graphite Assets
WORLD CLASS PORTFOLIO OF GRAPHITE ASSETS Near-Term Production in Global Significant Nicanda Hill – World’s Largest Supportive Government Ancuabe Graphite Region Graphite/Vanadium deposit Ancuabe & Nicanda West offer world class high purity large flake size distribution from mechanical flotation – No
Slide 6: Graphite Resources and Reserves
GRAPHITE RESOURCES AND RESERVES1 Ancuabe Ore Reserve Estimate1 Reserve Category Tonnes (m) Grade (TGC%) Contained Graphite (million tonnes) Probable Ore Reserve 24.9 6.2% 1.544 Ancuabe Indicated + Inferred Resource Estimate1 Classification Tonnes (m) Grade (TGC%) Contained Graphite (million tonnes)
Slide 7: Graphite Market
GRAPHITE MARKET TRITON MINERALS | ASX: TON 7
Slide 8: Graphite Is an Essential Component
GRAPHITE IS AN ESSENTIAL COMPONENT Demand Drivers: Environmental legislation and structural change in the expandable, EV and battery markets Supply Drivers: Under pressure due to changing environmental regulations and declining grade in parts of China EVs and Batteries • Strong demand for Lithium-Io
Slide 9: Chinese Supply Dominance Declining
CHINESE SUPPLY DOMINANCE DECLINING Driven by Environmental Policy & Legislation • Environmental management a key pillar of Chinese Government policy • China’s current 5 year plan sets environmental goals to meet the UN 2030 Agenda for Sustainable Development • Focused on growing car and bus EV capab
Slide 10: Graphite Market – Megafactories Growth Outstripping All Forecasts
GRAPHITE MARKET – MEGAFACTORIES GROWTH OUTSTRIPPING ALL FORECASTS Graphite is the key Anode material in LiB’s BMI now estimate that Graphite supply is a concern due to Chinese closures TRITON MINERALS | ASX: TON 10
Slide 11: Graphite Market – Megafactories Growth Outstripping All Forecasts
GRAPHITE MARKET – MEGAFACTORIES GROWTH OUTSTRIPPING ALL FORECASTS Based on BMI estimated Mega factory Growth – 1.2 -1.5 million tonnes of natural flake graphite needed per year for just the mega factory demand TRITON MINERALS | ASX: TON 11
Slide 12: Expandable Graphite Applications
EXPANDABLE GRAPHITE APPLICATIONS • Largest markets are graphite foil production (used as a heat shield in smart phones) and foundry usage. • Fire retardant industry is currently the third largest user of expanded graphite but is expected to grow significantly exponentially due to legislative changes
Slide 13: Expandable Graphite as a Flame Retardant
EXPANDABLE GRAPHITE AS A FLAME RETARDANT • Fire safety a growing global issue in commercial and residential Installing Flame Retardant Foam construction • In 2016, China recently mandated FRBM in all new buildings and will ban traditional brominate flame retardants in 2018. • With no competitor prod
Slide 14: Expandable Graphite in Flame Retardant Building Materials
EXPANDABLE GRAPHITE IN FLAME RETARDANT BUILDING MATERIALS Advantages Uses for Graphite Polystyrene (Source BASF website) • Already in use in Europe Can be expanded by low heat (150 to 300oC) Safe and chemically inert Halogen free Heavy metal free Reflects radiant heat energy and reduces th
Slide 15: Premiums on High Purity Large Flake Graphite Increasing
PREMIUMS ON HIGH PURITY LARGE FLAKE GRAPHITE INCREASING Lithium Graphite US$/tonne • Graphite prices increasing across all flake sizes Demand drivers EV battery sales and expandable graphite Supply impacted by environmental and purity issues in China Cobalt • Premiums on large flake high purity
Slide 16: Ancuabe Graphite Project: A World Class Asset
ANCUABE GRAPHITE PROJECT: A WORLD CLASS ASSET Management are Consistently Achieving Development Milestones • High purity large flake graphite ideally suited to the EV, electric storage AND expandable market • Located in a proven region, closest of all East African projects to port and infrastructure
Slide 17: Ancuabe Graphite Project Economics
ANCUABE GRAPHITE PROJECT ECONOMICS • Definitive Feasibility Study completed December 2017, confirmed Ancuabe is a high quality, long life project with robust economics: JORC Compliant Ore Reserve of 24.9Mt at 6.2% Total Graphitic Carbon (TGC) supports the evaluation period of least 27 years at an
Slide 18: Project Flowsheet: Simple Modular Design
PROJECT FLOWSHEET: SIMPLE MODULAR DESIGN TRITON MINERALS | ASX: TON 18
Slide 19: Nicanda Hill Project
NICANDA HILL PROJECT The World’s Largest Graphite-Vanadium Deposit For The EV Market and a Globally Significant Vanadium Deposit • Nicanda Hill graphite is ideally suited to the Electric Vehicle and Battery Storage Markets • Graphite is a non-substitutable component for the anode, more graphite than
Slide 20: Nicanda Hill Project Economics
NICANDA HILL PROJECT ECONOMICS • 2015 JORC Inferred and Indicated Mineral Resource of 1.44Bt at 11.1% TGC and 0.29% V2O5 for 160.3 million tonnes of contained graphite and 4.2 million tonnes on contained Vanadium (V2O5)1 • Scoping Study1 completed November 2014, confirmed long life project with robu
Slide 21: Nicanda Hill Vanadium
NICANDA HILL VANADIUM • Globally significant vanadium resource – 1.44 billion tonnes at 0.29% V2O5 • Vanadium market has seen strong price appreciation and outlook continues to be favourable • Complementary to Nicanda Hill graphite with potential minimal mining costs due to anticipated processing fr
Slide 22: Pathway to Production
PATHWAY TO PRODUCTION Aiming for first Ancuabe production in H1 2020 Timeline Milestone Binding agreements with offtake partners 50% OF PRODUCTION SOLD Selection of EPC contractor LETTER OF INTENT SIGNED WITH MCC INTERNATIONAL Board investment decision and project approvals expected COMPLETED
Slide 23: Right Time, Right Location, Right Commodity & Right Market
RIGHT TIME, RIGHT LOCATION, RIGHT COMODITY & RIGHT MARKET World Class Assets High quality graphite from a proven graphite region with excellent infrastructure and stable mining jurisdiction Near Term Production and Robust Economics Ancuabe DFS has demonstrated the project is commercially viable. Nic
Slide 24: Disclaimer and Competent Persons Statement
DISCLAIMER AND COMPETENT PERSONS STATEMENT This presentation has been prepared by Triton Minerals Limited (Triton or the Company) and has been prepared for information purposes only. This presentation contains general and background information about the Company’s activities current as at the date o
Slide 25: Disclaimer and Competent Persons Statement
DISCLAIMER AND COMPETENT PERSONS STATEMENT Unless otherwise stated, all dollar values are in Australian dollars (A$). The information in this presentation remains subject to change without notice. This presentation is not an offer of securities for sale in the United States. Any securities to be iss
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