Slide 1: Corporate Update Presentation – August 2018
All the right elements ® Corporate Update Presentation – August 2018 ASX Code: NMT OTC/Nasdaq Intl: RDRUY 1
Slide 2: Disclaimer
Disclaimer Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information about the Company and its associated entities and their activities current as at the date of this document. The information contained in this document is of
Slide 3: Overview
Overview • Company Profile • Company Snapshot • Long-term Strategy + Ti/V = 3
Slide 4: Who is Neometals Today?
Who is Neometals Today? Neometals is an ASX-listed (ASX:NMT) industrial minerals and advanced materials project development company with a clear growth plan to move downstream and increase margins from its sustainable products and related technologies. Integrated Lithium Business • Mt Marion Lithium
Slide 5: Company Snapshot
Company Snapshot ASX: NMT OTC:RDRUY 12 Month Share Price Performance Shares on Issue1 m 543.9 0.60 14.0 Volume (m) Price (A$) Share Price (20-Aug-18) A$ 0.305 12.0 Market capitalisation A$m 165.9 0.50 Cash (30-Jun-18) A$m (30.4) 10.0 0.40 Debt (30-Jun-18) A$m - 8.0 Investments (30-Jun-18)2 A$m (14.3
Slide 6: Long-term Strategy
Long-term Strategy Over the last 3 financial years, Neometals has returned ~A$28m in 3 consecutive dividends and ~A$6m in an on-market share buyback. To develop a portfolio of globally significant 1 materials for a sustainable Li + Ti/V future Leverage operating cashflows to drive 2 innovative cost
Slide 7: Strategy Evolution
Strategy Evolution Neometals has a proven project development track record. The proposed demerger will create two project development companies with separate commodity focuses. 2019 Demerger of Ti / V and non-Li technology assets 2018 Integration of lithium business unit 2017 Steady state lithium pr
Slide 8: Demerger
V Demerger • Highlights • Structure Overview + Ti/V = 8
Slide 9: Demerger Overview
Demerger Overview Neometals plans to demerge its Barrambie Titanium-Vanadium Project (“Barrambie”) and associated technology assets into a new ASX-listed company (“NewCo”). • Neometals to demerge Barrambie and associated non-lithium technology assets, subject to shareholder and third-party approvals
Slide 10: Post-Demerger Structure Overview
Post-Demerger Structure Overview Two focused entities will be created through the demerger. + Ti/V = 10
Slide 11: Neometals – Integrated Lithium Business
Neometals – Integrated Lithium Business • Mt Marion Lithium Mine • Kalgoorlie Lithium Refinery Project • Mt Edwards Lithium Exploration Project • Lithium Ion Battery Recycling Project + Ti/V = 11
Slide 12: Neometals – Value Proposition
Neometals – Value Proposition The proposed transaction will see Neometals continue to aggressively pursue development of multiple positions in the lithium supply chain. 1 Integrated Lithium business is mature ▪ Mt Marion has been producing and delivering spodumene concentrate since early 2017 2 Clea
Slide 13: Integrated Lithium Strategy
Integrated Lithium Strategy Neometals’ integrated lithium strategy is based on (1) mining and producing spodumene concentrate, (2) refining spodumene to lithium compounds, and (3) recycling lithium batteries to recover battery metals. Sales Li-ion Battery • Downstream integration substantially enhan
Slide 14: Mt Marion Lithium Mine
Mt Marion Lithium Mine The Mount Marion Lithium mine is a tier one, hard-rock lithium production mine located ~40km south west of Kalgoorlie, Western Australia. • Owned by Reed Industrial Minerals (“RIM”) Mt Marion Mineral Resources Table (12 Oct 17) - RIM’s shareholders are NMT (13.8%), PMI (a Tonn
Slide 15: Kalgoorlie Lithium Refinery
Kalgoorlie Lithium Refinery Neometals is progressing technical and commercial feasibility of a lithium chemicals refinery in Kalgoorlie, with an initial production capacity of 10ktpa of LiOH. • Propose to utilise a modern, conventional direct- conversion sulphate process to produce battery quality L
Slide 16: Kalgoorlie Lithium Refinery
Kalgoorlie Lithium Refinery • Proposed site located 5km from Kalgoorlie township, 70km by road from Mt Marion: - Neometals granted 2 year option to lease 40 hectare site (with provision for 2 year extension) - Cornerstone tenant in new industrial estate - Favourable leasing rates versus alternative
Slide 17: Mt Edwards Lithium Project
Mt Edwards Lithium Project Neometals recently completed the Mt Edwards lithium project acquisition from Estrella Resources. • Brownfields lithium exploration project • Located 80km south of Kalgoorlie, and 40km south of the Mt Marion lithium mine • Tenements cover area of 240km2 across the highly pr
Slide 18: Lithium Battery Recycling
Lithium Battery Recycling Neometals is co‐developing a sustainable technology to economically recover critical metals from spent lithium ion batteries. • Regulation driving ethical sourcing and disposal of Proposed Plant Schematic lithium ion batteries • Urban mining opportunity to secure critical m
Slide 19: NewCo – Titanium-Vanadium and Non-Lithium Technology Assets
V NewCo – Titanium- Vanadium and Non-Lithium Technology Assets • Barrambie Titanium / Vanadium Project • Neomet Process + Ti/V = 19
Slide 20: NewCo – Value Proposition
NewCo – Value Proposition NewCo will be a newly created ASX-listed company containing the Barrambie Titanium- Vanadium Project and related technology assets. 1 Platform to attract fair value for Ti / V / technology assets ▪ Neometals believes that Barrambie and the associated non-lithium technology
Slide 21: Titanium & Vanadium Market Overview
Titanium & Vanadium Market Overview V • Market backdrop for titanium and vanadium is strong • Titanium pigment producers facing shortage of high-grade titanium feedstocks due to declining supply from Australia, Canada and South Africa • Price of rutile concentrate min 95% TiO2 bulk CIF China rose to
Slide 22: Barrambie Titanium / Vanadium Project
Barrambie Titanium / Vanadium Project V One of the highest grade hard rock titanium assets in the world, with a discrete high grade zone of 53.6Mt @ 21.2% TiO21 sitting within a global Resource of ~280Mt @ 9.2% TiO2. • Located 115km south-east of Meekatharra, WA • DFS completed and vanadium mining p
Slide 23: A Globally Significant V Resource
A Globally Significant V Resource V + Ti/V = 23
Slide 24: 'Neomet' Processing Technology
‘Neomet’ Processing Technology V • Patented process being co-developed in Neometals’ Montreal laboratory • Commodity agnostic – developed in Canada for Ni-laterites, in use commercially for treating refractory copper-gold concentrates • Strategic alliance with Sedgman Limited to provide the platform
Slide 25: Combined Company Highlights
Combined Company Highlights • Tier-one assets in globally relevant commodities • Team with exploration, development and production experience to deliver • History of de-risking with strong partners and diversified assets • Margin improvement strategy via downstream integration and technology solutio
Slide 26: All the right elements
All the right elements