Renascor Resources Ltd · ASX:RNU
Renascor Resources — Investor Presentation (February 2021)
36 slides from Renascor Resources's investor presentation, Feb 4, 2021
Slide 1: Renascor Resources Investor Update Presentation
Renascor Resources Accelerating the development in South Australia of the World-Class Siviour Graphite Project and High Grade, Near Surface Carnding Gold Project Investor Update Presentation 4 February 2021
Slide 2: Table of Contents
Table of Contents 1. Executive Summary 2. Graphite: Siviour Battery Anode Material Project 3. Gold: Carnding Project 4. Other Significant Holdings Appendix: • Siviour Mineral Resources and Ore Reserves • Battery Anode Material Study Results Renascor Resources Ltd | ASX: RNU renascor.com.au 2
Slide 3: Section 1: Executive Summary
Section 1: Executive Summary
Slide 4: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview Capital Structure Share Chart – RNU:ASX Shares on issue 1,666M Listed Options 182M 0.060 250 Performance rights 12M Share price (3 February 2021) $0.032/sh 0.050 200 Market Cap (at $0.032/sh) $53.3M Volume (Million Shares) Cash (31 Dec 2020) $4.6M 0.040 Share P
Slide 5: The Next Graphite Producer, with Exciting Gold Upside
Renascor Resources: The Next Graphite Producer, with Exciting Gold Upside Renascor Resources Limited (ASX: RNU) (“Renascor”) is a ‘Critical Mineral’ project developer and metals explorer with a portfolio of 100%-owned, high-upside assets in key minerals districts in South Australia. Siviour Vert
Slide 6: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers Siviour Battery Anode Material Project: Advancing to binding offtakes with two world-leading battery anode companies. Advancing product qualification tests with other potential offtakers and further offtake arrangements for remaining one-thi
Slide 7: Section 2: Graphite: The Siviour Battery Anode Material Project
Section 2: Graphite: The Siviour Battery Anode Material Project
Slide 8: Global EV Growth is Creating a Paradigm-shifting Event for Battery Minerals
Global EV Growth is Creating a Paradigm-shifting Event for Battery Minerals Start of a global mega trend that will drive demand for minerals needed for lithium-ion batteries. EV sales as share of total cars We are here Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor
Slide 9: Graphite is an Essential Part of the Transition to Lithium-ion Batteries
Graphite is an Essential Part of the Transition to Lithium-ion Batteries Increasing amounts of natural graphite will be needed to meet projected lithium-ion battery growth. We are here Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 9
Slide 10: Graphite is an Essential Part of the Transition to Lithium-ion Batteries (cont.)
Graphite is an Essential Part of the Transition to Lithium-ion Batteries (cont.) Battery demand is growing at 19% annually (versus 2% for other uses). 2028 Battery demand Other demand 2023 758,000 2018 2,049,000 139,000 694,000 666,000 554,000 In 2018, use of Graphite By 2023, battery demand is By 2
Slide 11: EV Momentum is Driving Unprecedented Demand for Purified Spherical Graphite
EV Momentum is Driving Unprecedented Demand for Purified Spherical Graphite PSG is used exclusively in lithium-ion battery applications and therefore provides more direct exposure to growth in the EV sector. Purified Spherical Graphite Demand PSG demand has increased 2.5x from 2015 to 2019 Source: B
Slide 12: Siviour: Among the World's Lowest Cost Sources of Battery Anode Material
Siviour: Among the World’s Lowest Cost Sources of Battery Anode Material Renascor is developing a vertically integrated Battery Anode Material Manufacturing Operation (“the Project”) in South Australia1 including: a A$118m Siviour Graphite Mine and Concentrator located on the Eyre Peninsula, 15
Slide 13: Foundation Laid to Supply Critical Mineral into Clean Energy Supply Chain
Foundation Laid to Supply Critical Mineral into Clean Energy Supply Chain Graphite is a ‘Critical Mineral’ as defined by Australian Trade and Investment Commission, with the high-value PSG required for battery anode manufacture to service the rapidly growing Electric Vehicle (“EV”) market. Two 1
Slide 14: Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation consisting of a Mine and Concentrator plus a downstream manufacturing operation to produce PSG via eco-friendly chemical purification route for sale to anode makers. Renasc
Slide 15: Mine to Market Supply Chain Security
Mine to Market Supply Chain Security South Australia . Port Augusta Mine to Market supply chain located within a Tier-1 jurisdiction lowers logistics costs and ensures security of supply. . Whyalla . Port Pire Australia represents a Tier-1 jurisdiction with low Siviour Graphite Deposit, Mine sover
Slide 16: The Siviour Graphite Deposit is World-Class
The Siviour Graphite Deposit is World-Class Global Graphite Proven Reserve1 Siviour is unique - in both its near-surface, flat-lying orientation and its scale as one of the world’s largest graphite Resources. The deposit is flat, shallow and large, resulting in low- cost mining and consequently lo
Slide 17: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Source: Benchmark Mineral Intelligence. Renascor Resources Ltd | ASX: RNU renascor.com.au 17
Slide 18: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical Integration underpins low-cost PSG production. Graphite Concentrate feedstock a significant cost input to the PSG manufacturing process. Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate feedstock at the cost of
Slide 19: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers China is the leader in existing and future PSG demand. The production of lithium-ion battery anodes is largely concentrated in China, which accounts for approximately 85% (600,000tpa) of current lithium-ion battery anode cap
Slide 20: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) Renascor is pursuing long-term, binding Offtake Agreements with leaders in battery anode manufacture and EV battery supply. Minguang: First stage product qualification achieved with Chinese anode company Minguang as
Slide 21: Project Development Indicative Timeline
Project Development Indicative Timeline The Company’s indicative timeline targets: Q1 2022 – Final Investment Decision. Q2 2022 – Commencement of Construction. Q3 2023 – Commencement of Production. Q1’21 Q2’21 Q3’21 Q4’21 Q1’22 Q2’22 Q3’22 Q4’22 Q1’23 Q2’23 Q3’23 Marketing and Offtake PSG Opti
Slide 22: Section 3: Gold: Carnding Project
Section 3: Gold: Carnding Project 22 22
Slide 23: Carnding: High Grade, Near Surface Gold Project
Carnding: High Grade, Near Surface Gold Project in Highly Prospective Gold Province Renascor is developing multiple drill-ready, Proterozoic granite-associated high-grade, near-surface gold prospects at the Carnding Gold Project in South Australia’s Central Gawler Craton. The Central Gawler Crat
Slide 24: Central Gawler Craton
Central Gawler Craton Active and emerging gold province in South Australia. Area hosts multiple shallow, high-grade gold mines and deposits, including Challenger and Tarcoola gold mines and Tunkillia gold deposit. Currently experiencing increased gold activity, including: Redevelopment of Tarc
Slide 25: Carnding Project
Carnding Project Strategically-located and underexplored. Located approximately 20km from Tarcoola gold mine and the existing road and rail logistics corridor. Multiple high priority gold targets identified from shallow drilling over coincident geochemical and magnetic anomalies. Prospects are
Slide 26: Soyuz Deposit: High Priority Drill Targets for Primary Gold Mineralisation
Soyuz Deposit: High Priority Drill Targets for Primary Gold Mineralisation Currently drilling 2,000m of RC at shallow gold targets. IP geophysical survey was undertaken in December 2020. Soil sampling and geochemical testing was undertaken in December 2020. Within anomalous gold zones defined
Slide 27: Soyuz Deposit: High Priority Drill Targets (cont.)
Soyuz Deposit: High Priority Drill Targets for Primary Gold Mineralisation (cont.) Planned drill holes to target IP anomalies. The recent IP survey has confirmed an anomaly that is shallow and significant in scale, covering a zone of approximately 200m in width and five to eight times background.
Slide 28: Soyuz Deposit: Rare Earth Pathfinders for Gold
Soyuz Deposit: High Priority Drill Targets for Primary Gold Mineralisation (cont.) Rare Earth Pathfinders for Gold. At surface, previous soil sampling within the anomalous IP zone indicated Rare Earth Element and Uranium anomalism, which may suggest pathfinders for gold. Follow-up soil sampling
Slide 29: Other Drill Targets for Primary Gold Mineralisation
Other Drill Targets for Primary Gold Mineralisation Subsequent planned drill program. Targets include large calcrete gold geochemical anomalies with coincident magnetic highs: Sunshine: Limited drilling intersected quartz vein-hosted gold within Challenger host lithology; and Mir: Anomalous su
Slide 30: Section 4: Other Significant Holdings
Section 4: Other Significant Holdings
Slide 31: Exploration Portfolio
Exploration Portfolio Renascor retains a strong exploration position in key South Australian mineral provinces. Maree: Binding farm-in agreement with Rio Tinto Exploration on EL 5586, with Renascor retaining 100% of remaining licences. Arno Bay: Significant tenement holding in southern portion o
Slide 32: Renascor Resources Limited contact details
Renascor Resources Limited 36 North Terrace Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU
Slide 33: Appendices
Appendices 33 33
Slide 34: Siviour Mineral Resources and Ore Reserves
Siviour Mineral Resources and Ore Reserves Mineral Resource Estimate (April 2019)1 Category Tonnes (Mt) Grade (% TGC) Graphite (Mt) Measured 15.8 8.8% 1.4 Indicated 39.5 7.2% 2.8 Inferred 32.1 7.2% 2.6 Total 87.4 7.5% 6.6 Ore Reserve Estimate (July 2020)2 Category Tonnes (Mt) Grade (% TGC) Graphite
Slide 35: Battery Anode Material Study Results
Battery Anode Material Study Results1 Low graphite concentrate feedstock costs drives Renascor’s low PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual LOM production of PSG 28,000t Life of mine/proj
Slide 36: Forward Looking Statements, Competent Persons Statement, Bibliography
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n
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