Geomega Resources Inc. · TSXV:GMA
Geomega Resources — Shareholder Meeting (October 2021)
23 slides from Geomega Resources's shareholder meeting presentation, Oct 27, 2021
Slide 1: Recycling & Clean Processing Technologies
Recycling & Clean Processing Technologies Rare Earth Elements and Critical & Strategic Metals from • Magnets • Bauxite Residues • Mining and Industrial sources Oct. 27, 2021 – Annual General Meeting www.geomega.ca • TSX.V: GMA • OTC: GOMRF • May 2021
Slide 2: Forward Looking Statement
Forward Looking Statement Our presentation contains “forward-looking statements” not based on historical facts. Forward-looking statements express, as of the date of this presentation, our estimates, forecasts, projections, expectations and opinions as to future events or results. The forward lookin
Slide 3: Clean Technologies for Sustainable Metals
Clean Technologies for Sustainable Metals REE Recycling • Fully funded to develop the 1st rare earth magnet recycling facility outside of Asia • Ongoing detailed engineering in preparation to procurement and construction • Sustainable solution to the magnets that drive transport electrification and
Slide 4: REE Recycling
REE Recycling ▪ Proprietary technology ▪ Environmentally safe ▪ Small footprint ▪ Low CAPEX REO Product ▪ Recovery of main reagents > 90% ▪ No liquid effluent produced ▪ High purity, >99.5% REO Product ▪ Iron oxide as by-product ▪ Lower GHG emissions than conventional mining Source: Rocklink GMBH Ma
Slide 5: REE Recycling Demo Plant
REE Recycling Demo Plant • Facility in Saint-Bruno secured • Construction completed in 2020 • Industrial condo w/ loading dock, 14’ door • 10,000 sq.ft. plant area, 30ft ceilings • 4,880 sq. ft over 2 levels – offices and employee change house, lunch room Rare Earths Recycling & Clean Processing of
Slide 6: REE Recycling Demo Plant
REE Recycling Demo Plant • > 6,800 hrs of in-house engineering in 2020 & 2021 • 4 engineers involved • Process design • Pilot plant • Process optimization • Detailed engineering - ongoing • Supported by >2,750 hrs of external engineering & consultants • In 2021 • Shifted towards more internal engine
Slide 7: REE Recycling Demo Plant
REE Recycling Demo Plant • Plant main equipment pieces: 31 • Plant secondary / support equipment pieces: 35 • Vendors involved to date: 93 • North America, Europe & Asia • Priority to buy local as much as possible • Narrowed down to main 24 vendors • Details & adjustments still ongoing • Layout desi
Slide 8: REE Recycling Demo Plant
REE Recycling Demo Plant • Engineering supported by laboratory testwork • A team of up to 7 researchers and engineers • > 5,300 hrs of R&D on process optimization, feed variability, etc… • > 800 tests completed • Critical in process design • All testwork is in-house • More than 70 different represen
Slide 9: REE Recycling Demo Plant Economics
REE Recycling Demo Plant Demo Plant Economics Demo plant feed throughput 1.5 tpd / 8hr day Average grade of feed stock 30% TREO (Nd, Pr, Dy, Tb) Capital costs (inc. WC) $4.8 M Direct operating costs $3 / kg of TREO Targeted Sales* $10 M Target Profit Margin 20% Conversion to Commercial Plant Up to 4
Slide 10: Permanent Magnet Sector
Permanent Magnet Sector Source: Adamas Intelligence REE Day Oct 2021 Rare Earths Recycling & Clean Processing of CSM Page 11 | Geomega (GMA.V)
Slide 11: Permanent Magnet Sector
Permanent Magnet Sector Source: Adamas Intelligence REE Day Oct 2021 Rare Earths Recycling & Clean Processing of CSM Page 12 | Geomega (GMA.V)
Slide 12: Permanent Magnet Sector
Permanent Magnet Sector Source: Adamas Intelligence REE Day Oct 2021 Rare Earths Recycling & Clean Processing of CSM Page 13 | Geomega (GMA.V)
Slide 13: REE Circular Economy
REE Circular Economy End-of-life product Sorting disposal WASTE MAGNET COLLECTION Final Magnet 2 Products Scrap BATTERY MANUFACTURER Ore 1 MINING FINAL PRODUCT MANUFACTURER REE 3 METAL & ALLOY PROCESSING MANUFACTURER Magnets 3 MAGNET MANUFACTURER Rare Earths Recycling & Clean Processing of CSM Page
Slide 14: Critical Metals R&D
Critical Metals R&D • Leveraging Expertise Technology Strengths Technical Team • > 25 samples received from various groups & types of materials • > 700 tests completed • > 1,700 hrs of testwork • > 2,500 hrs spent preparing proposals • Since June 2020, non-dilutive funding: • > $600K received & > $3
Slide 15: Bauxite Residues Basics
Bauxite Residues Basics More than 80 plants Over 4 B Tonnes of Over 150MT of Bauxite worldwide produce Bauxite Residues are Residues are produced bauxite residues stored in tailings globally annually worldwide $400B $15B in metal value in in metal value in $80 – $120 in lost storage annual bauxite m
Slide 16: Bauxite Residues Value Proposition
Bauxite Residues Value Proposition 2MT $200M Average plant production in metal value per year Technology to be deployed of bauxite residues per year mostly in Iron, Aluminum globally through licensing and Scandium and royalty agreements Average composition Value distribution* Fe2O3 Other SiO2 34% 1%
Slide 17: Bauxite Residues Technology
Bauxite Residues Technology • Recovery of bulk metals (Fe, Al) to maximize volume reduction (>80%) • Recycling of main reagents to reduce costs and effluents • Production of valuable minor metals concentrates (Ti, V, Sc/REE) • To develop sustainable Scandium supply for the automotive, aerospace and
Slide 18: Bauxite Residues Technology
Bauxite Residues Technology • Working with a major industrial international partner • Advancing the technology to pilot stage • Bench scale successfully demonstrated • Positive internal economic evaluation • Synergis between various processing steps • Non-corrosive reagents eliminates the need for h
Slide 19: Montviel REE Project
Montviel REE Project • 100% owned by Geomega • Located in Quebec with power and road infrastructure available • Largest rare earth Bastnaesite 43-101 resource estimate in North America • 82.4 Mt @ 1.5% TREO & 0.17% Nb2O5 Indicated and over 184Mt Inferred • Patented metallurgical process (US15/578,49
Slide 20: Montviel REE Project
Montviel REE Project • Geomega’s technology developed with Montviel in mind • Technology to demonstrate Montviel as a robust project even at low REO prices • Recyclability of main reagents • Reduction of environmental footprint • Simplified process • Iron as a by-product • Technology more mature tha
Slide 21: Summary
Summary • Clean processing technologies for Critical & Strategic Metals • Low CAPEX & Low OPEX REE recycling • Bauxite residues technology • Major REE Montviel project in the pipeline • Leveraging expertise, technology and the technical team • Royalties & licenses opportunities on major global waste
Slide 22: Share Structure
Share Structure Issued & Outstanding (31/05/2021) 129,867,211 40% Stock Options 8,496,250 41% Warrants (2.2M - $0.15, 14.3M - $0.22) 17,039,137 (exp 2022) 4% 11% Fully-Diluted 155,402,598 4% Equity assets 16.8M shares of KTR.V Cash $3.4M & $3M IQ* Management & Insiders Quebec Inst. Funds Strategic I
Slide 23: Rare Earths Recycling & Clean Processing Technologies
Rare Earths Recycling & Clean Processing Technologies Kiril Mugerman – President & CEO kmugerman@geomega.ca (450) 641-5119 ext 5653 www.geomega.ca Rare Earths Recycling & Clean Processing of CSM Geomega (GMA.V)
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