Neometals Ltd · ASX:NMT
Neometals — AMEC Conference 2019
31 slides from Neometals's conference presentation, Jun 6, 2019
Slide 1: AMEC Conference – June 2019
For personal use only All the right elements ® AMEC Conference – June 2019 ASX Code: NMT OTC/Nasdaq Intl: RDRUY + Ti/V = 1
Slide 2: Disclaimer
Disclaimer For personal use only 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 i
Slide 3: Executive Summary
Executive Summary For personal use only • Innovative project developer listed on ASX (ticker NMT) • Acquired & developed Mt Marion into the world’s 2nd largest spodumene producer with MinRes (ASX:MIN) and Ganfeng (HK:1772) • Staged sell-down with final tranche settling Mar 2019 (A$104M) taking total
Slide 4: Lithium
4 For personal use only Lithium + Ti/V =
Slide 5: Strong conviction in long term lithium battery/EV/ESS thematic
We have strong conviction in the long term lithium battery/EV/ESS thematic…. and that the batteries wear out! For personal use only + Ti/V = 5
Slide 6: Strong Long-Term Fundamentals
Strong Long-Term Fundamentals For personal use only Market is long now but supply deficit expected to emerge mid 20’s despite new capacity + Ti/V = 6
Slide 7: Our lithium ecosystem post-Mt Marion
Our lithium ecosystem post-Mt Marion For personal use only + Ti/V = 7
Slide 8: Recycling and Recovery: Li Ion Battery Recycling Project
For personal use only Recycling and Recovery Li Ion Battery Recycling Project Neometals 100% + Ti/V =
Slide 9: Lithium Battery Recycling pilot is highest priority for 2019
Lithium Battery Recycling pilot is highest priority for 2019 For personal use only Neometals is developing a sustainable technology to economically recover the critical metals from spent lithium ion batteries. • Large potential supply with <5% batteries truly recycled globally (ex China) • 2017 Scop
Slide 10: Scoping Study Metrics – LCO/NMC
Scoping Study Metrics – LCO/NMC For personal use only + Ti/V = 10
Slide 11: Value chain – who must recycle
Value chain – who must recycle For personal use only Pressure on companies to recycle: • regulatory commitment • stakeholder pressure to conduct themselves in sustainable fashion • are committed to life cycle management in home jurisdiction – extending it across global footprint + Ti/V = 11
Slide 12: Regulations are driving obligations
Regulations are driving obligations For personal use only • EU regulation says the producer (i.e. vehicle manufacturer) must take back spent batteries. 100% collection, no land-filling • LIB target = >50% by weight • EV target = >85% by weight • US regulation says owner of battery has to pay for rec
Slide 13: Value Proposition - Commercialisation
Value Proposition - Commercialisation For personal use only + Ti/V = 13
Slide 14: Indicative Project Timeline
Indicative Project Timeline For personal use only Pilot Plant: Pilot Plant: Pilot Plant: Commence Eng / Feasibility Commercial Comminution Leaching Purification Engineering Study Results Plant (*) Study (*) and FID (*) Fabrication / - Bench Test Scoping Study Construct - Bulk Pilot Completion Jan/Fe
Slide 15: Downstream processing: Lithium Refinery Project
For personal use only Downstream processing Lithium Refinery Project Neometals 100% + Ti/V =
Slide 16: Overview
Overview For personal use only Progressing technical, commercial and approvals workstreams during downturn to be shovel ready when the market turns • Modern, conventional direct-conversion sulphate process to produce 10kt pa of battery-quality LiOH from spodumene concentrate - similar flowsheet prov
Slide 17: Option over strategically located potential site
Option over strategically located potential site adjacent to road, rail, power, gas, water and people For personal use only + Ti/V = 17
Slide 18: Indicative Project Timeline
Indicative Project Timeline For personal use only Exyte Value Engineering Engineering and Engineering Vendor Final Cost Study on Process Cost Test work on Feasibility Mt Marion Coarse Optimisation Study (*) Mt Marion Fines Study (*) Concentrate Concentrate(*) MarQ 2019 JuneQ 2019 1H FY 2020 2H FY202
Slide 19: Vanadium and Titanium
Ti/V For personal use only Vanadium and Titanium + Ti/V = 19
Slide 20: Barrambie VTM Project
Barrambie VTM Project Ti/V For personal use only One of the highest grade hard-rock Titanium assets and one of the largest Vanadium projects globally • 100% Owned • A$30M spent to date in exploration and evaluation programs, including 55km of drilling • Last month completed update to historic DFS on
Slide 21: Tier – High Grade VTM Deposit
Tier 1 – High Grade VTM Deposit Ti/V For personal use only See slide 30 for supporting information + Ti/V = 21
Slide 22: Drivers for development of primary Ti
Drivers for development of primary Ti Ti/V For personal use only • Barrambie Eastern Band is worlds second highest grade deposit at 21% TiO2 • Barrambie Mineral Resource contains +25 million tonnes of TiO2 Significant supply deficit expected to emerge early 20’s + Ti/V = 22
Slide 23: Drivers for development of secondary V
Drivers for development of secondary V Ti/V For personal use only • China legislating increased vanadium addition for strengthening re-bar steels • Increasing demand from energy storage and aerospace New primary supply needed now + Ti/V = 23
Slide 24: Evaluation Strategy
Evaluation Strategy Ti/V For personal use only Exploit the revenue/cost/quality/sustainability advantages from processing a concentrate containing 95% metal Take through to FEED in 2020 + Ti/V = 24
Slide 25: Forward Work
Forward Work Ti/V For personal use only + Ti/V = 25
Slide 26: For personal use only
For personal use only 26 + 26 Ti/V = + Ti/V =
Slide 27: Company Highlights
Company Highlights For personal use only SECURITY Strong balance sheet A$116M plus $10M investments, no debt Strong board and management team, collectively the largest shareholders History of de-risking development with strong operating and offtake partners History of disciplined capital all
Slide 28: Thank you
For personal use only Thank you www.neometals.com.au + Ti/V = 28
Slide 29: Supporting Information
2 9 For personal use only SUPPORTING INFORMATION + Ti/V = 29
Slide 30: Barrambie JORC Mineral Resource
Barrambie JORC Mineral Resource Ti/V For personal use only + Ti/V = 30
Slide 31: Barrambie JORC Exploration Target
Barrambie JORC Exploration Target Ti/V For personal use only + Ti/V = 31