Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Investor Presentation (May 2020)
23 slides from Alpha Hpa's investor presentation, May 25, 2020
Slide 1: Investor Presentation: HPA First Project
Alpha HPA ABN 79 106 879 690, , ore INVESTOR PRESENTATION HPA FIRST PROJECT HIGH PURITY ALUMINA FOR THE LOW CARBON LITHIUM-ION BATTERY (LIB) & LED MARKETS
Slide 2: Cautionary Statement
Cautionary Statement The Definitive Feasibility Study (OFS) 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: Corporate Snapshot
Corporate Snapshot TRADING INFORMATION ASX CODE A4N Share Price (22-05-20) 17.0c 52 week trading range 8.6c - 27.5¢ Issued Shares 632.1M CAPITAL STRUCTURE Issued Shares 632.1M Unlisted options (@15c) 12.0M (expire 31 October 2020) Unlisted options (@20c) 5.0M (expire 30 June 2021) Unlisted options (
Slide 4: Capital Raising - May 2020
Capital Raising —- May 2020 Placement of approximately 20.7 million new fully paid ordinary shares (“New Shares”) to raise approximately A$3 million. Issue The New Shares will be listed on ASX and will rank pari-passu with the existing fully paid ordinary shares. Placement Price $0.145 per New Share
Slide 5: 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. C
Slide 6: HPA First Project
HPA First Project Alpha HPA = Alpha HPA is dedicated to the commercialisation of its proprietary solvent extraction (SX) and refining process for the manufacture of high purity alumina (HPA) — The HPA First Project = Alpha’s HPA First process is disruptive to both existing and proposed HPA productio
Slide 7: Recent Project Milestones
Recent Project Milestones = The HPA First Project has been rapidly advanced over the last 12 months Alpha HPA PFS Nov ‘18 - Feb ‘19: Pre Feasibility Study July 719 — current: HPA First Pilot Plant - 600+hrs operation, > 40kg HPA Production Nov- Dec ’19: Market Outreach - HPA samples despatched to th
Slide 8: HPA First Pilot Plant
HPA First Pilot Plant During 2019 the HPA First Pilot Plant recorded over 600hrs operation producing > 40kg HPA Production Alpha HPA Production process validated, purity trends improving to 99.998% purity Pilot Plant upgrading to ‘demonstration’ scale to meet end-user test demand Pilot Plant — HPA P
Slide 9: HPA First Pilot Plant
HPA First Pilot Plant = HPA First Pilot Plant — Continuous HPA purity improvement — reaching 99.998% purity Alpha HPA = Purity trend 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 50 60 Cal
Slide 10: Orica Agreement
Orica Agreement 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 reage
Slide 11: 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 alpha HPA Yarwun, QLD, within the Gladstone State Development Area (‘GSDA’). On this basis, Alpha HPA has executed a land contract with Economic Development
Slide 12: Definitive Feasibility Study - March 2020
Definitive Feasibility Study — March 2020 = Comprehensive technical and financial validation of the Company’s HPA First Project Alpha HPA 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 c
Slide 13: High Purity Alumina - Market Overview
High Purity Alumina — Market Overview High Purity Alumina (HPA) is the very pure form of aluminium oxide — Al,0; Alpha HPA HPA's value derives from its physical properties of extreme hardness, high thermal conductivity, and being electrically and chemically inert (in alpha phase) Price and performan
Slide 14: Targeting Low Carbon LEDs and Lithium-ion Battery Markets
Targeting Low Carbon LEDs and Lithium-ion Battery Markets = LEDs and LIBs both represent high-growth demand markets for HPA Alpha HPA LATERAL LED CHIP ARCHITECTURE proectrade contacter an sam = neslectrove HPA Beads/Pellets Sapphire glass boule LED architecture separator HPA Powder Wet-coating separ
Slide 15: Global Market Outreach
15 Global Market Outreach ™ Global outreach campaign underway to identify key end-users: = Late 2019: Focus on lithium-ion battery supply chain — 8 x test samples despatched = Early 2020: Focus on sapphire glass/LED supply chains — 1° 2 test orders received ™ Looking to convert market interest to of
Slide 16: Alpha HPA's Process Flexibility
Alpha HPA’s Process Flexibility Alpha HPA's process is capable of producing a range of HPA and high-purity boehmite products suitable for: Alpho HPA LED market (for sapphire substrates) Separator and electrode (cathode and anode) coatings for lithium-ion Batteries (LIBs) Electrolyte pre-treatment of
Slide 17: 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 18: Project Layout
18 Project Layout Alpha HPA 3D Model - HPA First Commercial Plant
Slide 19: HPA First - Process Flow Sheet
HPA First — Process Flow Sheet = Alpha HPA’s proprietary HPA First process is disruptive to both existing and proposed HPA production processes: — Alpha HPA = Low operational risks: Front-end atmospheric temperatures and pressures = Simplicity: Ability to recycle reagents as by-products for sale = L
Slide 20: SX based process technology
SX based process technology = Alpha HPA’s key process advantage is the application of established Solvent Extraction (SX) technology to aluminium extraction — alpha HPA and purification MIXER ied together Where the organic and PLS are allowed testi (phase separation) PLS with Aluminium removed (Raff
Slide 21: 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 HPA production by late CY2022 2020 2021 2022 Task Months = MarQ JunQ_ SepQ DecQ MarQ JunQ SepQ DecQ MarQ JunQ
Slide 22: Contacts
Contacts Rimas Kairaitis y Managing Director ' Alpha HPA rkairaitis@alphahipa.comvau +61 408 414 474 WWW.alphahpa.com.au Camerotr Peacock InvestOmRelations and Business Development cpeacock@alphahpa.com.au +61,439-908.732
Slide 23: Competent Person Statement (Process Development Testwork)
23 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