Pls Group Limited · ASX:PLS
Pls — Pilbara Minerals — Shareholder Meeting (November 2017)
22 slides from Pls's shareholder meeting presentation, Nov 23, 2017
Slide 1: Pilgangoora – the world's leading lithium development project
For personal use only Pilgangoora – the world's leading lithium development project Annual General Meeting of Shareholders – November 2017
Slide 2: Important Notices and Competent Person's Statement
Important Notices and Competent Person’s Statement Not an Offer of Securities For personal use only This document has been independently prepared by Pilbara Minerals Limited (Pilbara) and is dated 23 November 2017. This document is provided for informational purposes and does not constitute or conta
Slide 3: Important Notices and Competent Person's Statement
Important Notices and Competent Person’s Statement Not Financial Product Advice For personal use only This document does not constitute financial product advice or take into account your investment objectives, taxation situation, financial situation or needs. This document consists purely of factual
Slide 4: Agenda
For personal use only Pilbara Minerals Overview Lithium Raw Materials Market Pilbara’s People and Relationships Pilgangoora Project Update 4
Slide 5: Pilbara Minerals – Overview
Pilbara Minerals – Overview ► 100% ownership interest in the world-class Pilgangoora Lithium -Tantalum Project For personal use only ► Pilgangoora is located in the Pilbara region of Western Australia, a proven mining jurisdiction 120km south of Port Hedland with established transport and port infra
Slide 6: Lithium Raw Materials Market
For personal use only Lithium Raw Materials Market Pilbara’s People and Relationships Pilgangoora Project Update 6
Slide 7: Lithium Growth: Batteries are the key driver
Lithium Growth Batteries are the key driver The way we Generate, Use, Distribute and Store energy is changing. For personal use only Lithium Ion rapidly becoming the dominant rechargeable battery technology. Electric Vehicle uptake driving the growth in demand, followed by energy storage. The Lithiu
Slide 8: Roskill significantly upgrade Lithium Outlook
Independent research group, Roskill, significantly upgrade Lithium Outlook Significantly increased outlook driven by Li-Ion Battery demand in Electric Vehicles For personal use only Battery Other 1,800 Increased lithium use driven by EV battery requirements: 1,600 168 1,400 e-Buses PHEV & BEV HEV e-
Slide 9: Transition to Electric Vehicles – Factors Driving Adoption
Transition to Electric Vehicles – Factors Driving Adoption Momentum growing from consumers, car manufactures and regulators – EV’s fast becoming mainstream – tipping point is accelerating For personal use only • Reduction in Battery Costs bringing EV's closer to • Comfort (noise, smooth acceleration
Slide 10: Increasing availability and choice of Electric Vehicles
Increasing availability and choice of Electric Vehicles Models by style and range available through to 2020: For personal use only Telsa Model 3 released with 2 battery types: • Standard – 220 Miles • Long Range – 310 Miles Current EV’s on the market: 10 Source: Bloomberg New Energy Finance
Slide 11: Pilbara's People and Relationships
For personal use only Lithium Raw Materials Market Pilbara’s People and Relationships Pilgangoora Project Update 11
Slide 12: Pilbara Minerals – Key Personnel
Pilbara Minerals – Key Personnel Capital Structure Board of directors For personal use only Share Price (22 Nov 2017) AUD $0.99 Tony Kiernan – Non-Executive Chairman Shares on Issue # 1,628 million ► Highly experienced public company director and former solicitor with over 30 Options on Issue1 # 86.
Slide 13: Offtake secured: strong industrial relationships with offtake partners
Stage 1 Offtake secured Strong industrial relationships with offtake partners ► Stage 1 (2mpta) 10-year 160,000tpa 6% chemical-grade spodumene For personal use only concentrate offtake signed with Ganfeng Lithium ► Pricing based on a 6-month pricing mechanism that takes into account the Chinese impo
Slide 14: 5Mtpa Expansion Project Underwritten
5Mtpa Expansion Project Underwritten Great Wall and Ganfeng Lithium off-take arrangements will underpin the Stage 2 expansion of For personal use only the Pilgangoora Project, while also providing an offtake-linked debt financing solution for a significant proportion of the Stage 2 capital requireme
Slide 15: Pilgangoora Project Update
For personal use only Lithium Raw Materials Market Pilbara’s People and Relationships Pilgangoora Project Update 15
Slide 16: Pilgangoora 2Mtpa – delivering on project execution
Pilgangoora 2Mtpa – delivering on project execution For personal use only Phase 2 Phase 1 Phase 3 Current PFS (2Mtpa Resource DFS (2Mtpa) Project and 4Mtpa) Growth Complete Execution Complete Resource Estimation Project Definition Detailed Design and Project Execution – from ► JORC Inferred ► Maiden
Slide 17: Pilgangoora Project – construction progress
Pilgangoora Project – construction progress For personal use only HPGR FILTER PRESS THICKENER MODULES – EX CHINA BALL MILL FOOTINGS CRUSHED ORE STOCKPILE VAULT Video link: http://www.pilbaraminerals.com.au/site/content/video/Pilgangoora_21Nov2017_D2%20(3).mp4 17
Slide 18: Expansion – PFS Complete at 4Mtpa Processing Capacity
Expansion – PFS Complete at 4Mtpa Processing Capacity Project growing to deliver 5Mtpa processing capacity – PFS update underway ► PFS on 4Mtpa completed, showing attractive economics. For personal use only ► 5Mtpa Feasibility Studies underway targeting >800ktpa Spodumene concentrate (≈100ktpa LCE)
Slide 19: Summary Investment highlights
Summary Investment highlights For personal use only Outstanding project Offtake and Rapid pathway Ideally placed to Low-cost and through Significant economics and financing capitalize on high quality construction and resource scale ability to commitments robust lithium lithium production from and gr
Slide 20: Contacts
For personal use only Contacts Ken Brinsden +61 8 6266 6266 @PilbaraMinerals @KenBPilbara
Slide 21: Supplementary Information
For personal use only Supplementary Information 22
Slide 22: Resources & Reserves
Resources & Reserves JORC Mineral Resources: 25th January 2017 For personal use only Category Tonnage Li2O (%) Ta2O5 Fe2O3 (%) Li2O (T) Ta2O5 (Mt) (ppm) (Mlbs) Measured 17.6 1.39 151 0.44 244,000 5.9 Indicated 77.7 1.31 125 0.58 1,017,000 21.5 Inferred 61.1 1.13 125 0.71 691,000 16.8 Total 156.3 1.2
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