Australian Mines Limited · ASX:AUZ
Australian Mines — Investor Presentation (May 2020)
22 slides from Australian Mines's investor presentation, May 18, 2020
Slide 1: Corporate Overview May 2020
For personal use only Corporate Overview May 2020
Slide 2: Disclaimer
Disclaimer For personal use only Forward Looking Statements: This document may contain forward looking statements. Forward looking statements can generally be identified by the use of forward looking words such as, ‘expect’, ‘anticipate’, ‘likely’, ‘intend’, ‘should’, ‘could’, ‘may’, ‘predict’, ‘pla
Slide 3: Laying the Foundations for a New Era of Clean Energy Innovation
For personal use only LAYING THE FOUNDATIONS FOR A NEW ERA OF CLEAN ENERGY INNOVATION A portfolio of 100%-owned Cobalt-Nickel-Scandium assets in the Tier 1 jurisdiction of Australia Positioned to be one of the world’s most cost-competitive producers and suppliers of battery precursor chemicals and t
Slide 4: Portfolio Assets
Portfolio Assets 100% owned Cobalt + Nickel + Scandium projects For personal use only • Sconi SCONI Greenvale, Queensland Cobalt-Nickel-Scandium Project, Qld Cobalt-Nickel-Scandium Project development ready world-class asset proven to produce battery-grade chemicals Townsville carbon neutral
Slide 5: Market Opportunity: The Electric Vehicle revolution
Market Opportunity The Electric Vehicle revolution For personal use only • • • 4
Slide 6: Market Opportunity: Demand surge
Market Opportunity Demand surge For personal use only • • • • Significant predicted shortfall in cobalt supply3 1. Wood Mackenzie’s Global Energy Storage outlook for 2019 2. Market Research Future, Global Portable Battery Market Report 3. McKinsey Energy Insights 5
Slide 7: Overview
Sconi Project Overview For personal use only • • • 1 The Mineral Resource for the Sconi Project is reported under JORC 2012 Guidelines and was reported by Australian Mines on 14 February 2019. The Mineral Resource for the Sconi Project’s Greenvale, Kokomo and Lucknow deposits, as outlined in t
Slide 8: Projected Capital Expenditure
Sconi Project Projected Capital Expenditure For personal use only On site processing Proven plant technology • • Shared Infrastructure • investment • The information outlined on this page relating to Sconi was previously released to the market by Australian Mines via the ASX platform on 13 June 2019
Slide 9: Forecast financials
Sconi Project Forecast financials For personal use only Project 5.2 year payback lifespan (post tax) YEAR 1 30+ YEAR 2 YEAR 3 • YEAR 4 • • Operating Costs: US$0.48 per pound Nickel The information outlined on this page relating to Sconi was previously released to the market by Australian Mines via t
Slide 10: Lowest cost quartile
Sconi Project Lowest cost quartile For personal use only Nickel sulphate cost curve 2025 • • Pro rata cost curve of cobalt producers • Source: CRU International. Refer to Australian Mines’ announcement released on 12 February 2019 for further information. 9
Slide 11: Processing plant – indicative design
Sconi Project Processing plant – indicative design For personal use only COBALT SULPHATE CRYSTALLISATION NICKEL SULPHATE CRYSTALLISATION SOLVENT EXTRACTION (SCANDIUM) LEACH PRESSURE RESIDUE ACID LEACH FILTRATION VESSELS 8 kilometres to Greenvale CRUSHING AND 250 kilometres to Townsville MILLING 210
Slide 12: Proven, industry standard processing flowsheet
Sconi project Proven, industry standard processing flowsheet For personal use only H2SO4 MINED ORE CRUSHING HIGH SCANDIUM SCANDIUM Scandium FROM SCONI AND PRESSURE SOLVENT PRECIPITATION Oxide (Sc203) GRINDING ACID LEACH EXTRACTION OF ORE (HPAL) (ScSX) COBALT SULPHATE CRYSTALLISATION Cobalt Sulphate
Slide 13: Social and economic benefits
Sconi Project Social and economic benefits For personal use only 500 Construction 300 Full time jobs staff Workforce Primarily residential 12
Slide 14: Working with Government and the community
Sconi Project Working with Government and the community For personal use only • • • • 13
Slide 15: 2020 Priorities
Sconi Project 2020 Priorities For personal use only • • • 14
Slide 16: Australian Mines Summary
Australian Mines Summary For personal use only 100% Auditable Ethically Derived supply chain in Low Risk Jurisdiction • • • • 15
Slide 17: Appendix
For personal use only Appendix Competent Persons’ Statements Sconi Project Mineral Resources Sconi Project Ore Reserve Board 16
Slide 18: Competent Persons' Statements
Appendix Competent Persons’ Statements For personal use only Sconi Project, Queensland (Australia) The Mineral Resource for the Sconi Project contained within this document is reported under JORC 2012 Guidelines. This Mineral Resource for the Greenvale, Lucknow and Kokomo deposits within the Sconi P
Slide 19: Sconi Project Mineral Resources
Appendix Sconi Project Mineral Resources For personal use only Greenvale Mineral Resource Mineral Resources as per Australian Mines’ announcement released via the ASX platform on 14 February 2019. Lower cut-off grade: 0.40% Nickel equivalent Prepared by CSA Global in accordance with the current 2012
Slide 20: Sconi Project Mineral Resources
Appendix Sconi Project Mineral Resources For personal use only Bell Creek Mineral Resource Mineral Resources as per Australian Mines’ announcement released via the ASX platform on 29 April 2019. Lower cut-off grade: 0.45% Nickel equivalent Prepared by CSA Global in accordance with the current 2012 J
Slide 21: Sconi Project Ore Reserve
Appendix Sconi Project Ore Reserve For personal use only Ore Reserve as per Australian Mines’ announcement released via the ASX platform on 13 June 2019. Prepared by specialist mine planning consultants, Orelogy, in accordance with the current 2012 JORC Code. There has been no Material Change or Re-
Slide 22: Board
Appendix Board For personal use only Michael Ramsden Benjamin Bell Chairman Managing Director Lawyer (BEc, LLB, FFIN) BSc, MMET, MBA 30 years experience as a 25 years experience in the corporate advisor resources sector Mick Elias Dominic Marinelli Les Guthrie Oliver Carton Non-Executive Director No