Australian Strategic Materials Ltd · ASX:ASM
Australian Strategic Materials — Investor Presentation (February 2021)
19 slides from Australian Strategic Materials's investor presentation, February 2021
Slide 1: A Fully Integrated and Independent Supplier of Critical Metals
A Fully Integrated and Independent Supplier of Critical Metals David Woodall – Managing Director February 2021 © 2021©ASM 2021Ltd ASM Ltd
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Australian Strategic Materials Ltd, industry growth or other trend proje
Slide 3: Contents
Contents • What Differentiates ASM • Critical Materials - Essential For New Technology • Critical Material Supply • Critical Materials Demand • An Emerging Integrated Metals Supplier • Dubbo Project Optimisation • Evolution of ASM’s Metals Business • Potential Timetable to a Sustainable, Secure & St
Slide 4: ASM – Emerging Metal Producer
ASM – Emerging Metal Producer Concentrates Electric Electric Oxide Metal Powders Magnets & Carbonates Motor Vehicle US$3/kg1 US$90/kg2 US$110/kg3 US$150/kg4 US$330/kg5 Neodymium (USD) less discount Opportunity to produce ASM (Mine to Manufacturer) Metallisation in Korea products direct to end users
Slide 5: ASM – Mine to Manufacturing
ASM – Mine to Manufacturing • Key products defined • Flowsheet optimised to deliver key products, with potential Dubbo Project at a lower capital and operating costs with increased revenue • Envisioned to be “net zero carbon” • Ownership of a novel patented metallisation process • World class Ziron
Slide 6: Critical Materials – Essential for New Technology
Critical Materials – Essential for New Technology Electric Vehicles - ~5kg Wind turbines – ~ 195kg of Nd/MW Defence / Aerospace Rare Earth Permanent Magnets Growth - 3.4M to 25.3M EV cars by 2030 Forecast 7.9% annual growth - 2020 to 2024 Jet turbines, GPS, defence systems Source: Deloitte Insight –
Slide 7: Critical Materials Supply – Snap Shot
Critical Materials Supply – Snap Shot 1. Production of oxides, metals and metal powders highly concentrated 2. Suppliers of concentrates and oxides receive discounted Realised Pricing 3. Metals and Powders integrated within manufacturing sectors where additional value is gained. Projected Regional P
Slide 8: Critical Materials Demand - Rare Earth Magnets
Critical Materials Demand - Rare Earth Magnets Electric vehicles will consume 25% of permanent magnets globally by 2030 Growth Rare Earth Permanent Magnets to 2030 46.8% 25.7% 14.9% Commercial EV Passenger EV Electric Mobility traction motors traction motors Vehicles Source: Adamas Intelligence © 20
Slide 9: ASM – Fully Integrated Producer of Critical Metals
ASM – Fully Integrated Producer of Critical Metals Metals & Metal Ore Concentrate Oxide Magnets Components OEMs Alloys Powders Present Producers and Developers ASM Delivers § ROW Producers deliver lower value carbonates and ü Fully integrated - All Dubbo products converted to separated oxides into m
Slide 10: Dubbo Plant Optimisation
Dubbo Plant Optimisation On Time and Budget for completion in Q1 2021 Flowsheet simplified and optimised Potential improved project financial returns © 2021 ASM Ltd 10
Slide 11: Ziron Tech - Innovation – Technology - Value
Ziron Tech - Innovation – Technology - Value ASM has 95% interest in Ziron Technology Corporation (Ziron Tech) ASM to expand pilot plant All Metallisation IP owned by ASM Proven Commercial Metal Production Ti, CuTi, Ti powder, Nd, Pr, NdPr, NdFeB, Dy © 2021 ASM Ltd 11
Slide 12: ASM Integrated Metals Business
ASM Integrated Metals Business • Long term stable, secure, and sustainable supply Rare Earths • Deliver strip metal alloy for permanent magnets direct to end user • Opportunity to be part of a permanent magnet solution • Independent, lower cost, environmentally responsible supply Titanium • Independ
Slide 13: A Global Independent Integrated Metals Producer
A Global Independent Integrated Metals Producer Complete Korean Metal Plant Scoping Study Korea Target Full Production – Q2 2022 Japan Australia Complete Detailed Engineering TBC Target – 2022 / 23 Commence 1,000kg NdFeB alloy sample North America Europe Develop a Korean 5,200t metals facility TBC T
Slide 14: ASM Focused on Delivery
ASM Focused on Delivery Delivered • Acquired 95% of Ziron Technology Corporation (Ziron Tech) • Produced high-purity zirconium metal powder, titanium copper alloy, ferro- neodymium, neodymium iron boron (NdFeB) magnet alloy • Korean Atomic Energy Research Institute (KAERI) confirmed de-hafniated zir
Slide 15: Potential Timetable – Sustainable, Secure & Stable Supply
Potential Timetable – Sustainable, Secure & Stable Supply Optimisation of Dubbo Project FEED / Basic Engineering - Defined Scope, Capital and Timing Dubbo Project EPC Tender EPC - Dubbo Project Development Dubbo Project Commissioning Detailed Design of 5,200t Metal Plant Construction of Korean 5,200
Slide 16: ASM Focused on Delivery – Next 6 Months
ASM Focused on Delivery – Next 6 Months Planned • Optimisation of the Dubbo Project on target - end of Q1 2021 • Scoping study complete on Korean Metal Plant • Detailed Engineering of Korean Metal Plant commenced • Continued progress on discussions; • With metal offtake and strategic partners • With
Slide 17: Dave Woodall
Dave Woodall ASM Managing Director asm-au.com ASM_aus © 2021 ASM Ltd © 2021 ASM Ltd
Slide 18: Dubbo Project Resources & Reserves
Dubbo Project Resources & Reserves Dubbo Project – Mineral Resources Tonnes ZrO2 HfO2 Nb2O5 Ta2O5 Y2 O 3 TREO* Resource Category (Mt) (%) (%) (%) (%) (%) (%) Measured 42.81 1.89 0.04 0.45 0.03 0.14 0.74 Inferred 32.37 1.90 0.04 0.44 0.03 0.14 0.74 Total 75.18 1.89 0.04 0.44 0.03 0.14 0.74 *TREO% is
Slide 19: Corporate Profile
Corporate Profile 8.00 Share Price and Volume (3 Months) 6.0 Volume 7.00 5.0 Capital Structure Daily volume traded (millions) Closing share price (A$/share) 6.00 Ordinary Shares 119.05 million 4.0 5.00 Share Price (27 January 2021) A$5.08 4.00 3.0 Market Capitalisation A$604.8M 3.00 2.0 52 week low/
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