Igo Limited · ASX:IGO
Igo — Euroz Hartleys Institutional Conference 2023
19 slides from Igo's conference presentation, Mar 7, 2023
Slide 1: ASX Release: Presentation to Euroz Hartleys Institutional Conference
ASX RELEASE 7 March 2023 PRESENTATION TO EUROZ HARTLEYS INSTITUTIONAL CONFERENCE For personal use only IGO Limited (ASX: IGO) (IGO or the Company) is pleased to attach a copy of the presentation provided to the Euroz Hartleys Institutional Conference which is being held in Western Australia this wee
Slide 2: Euroz Hartleys Institutional Conference
For personal use only Euroz Hartleys Institutional Conference IGO Limited 7 March 2023 IGO LIMITED IGO | ASX: LIMITED IGO
Slide 3: Our Strategy
Our Strategy Aligned to our purpose – Making a Difference For personal use only To be a globally relevant supplier of products critical to the clean energy transition Diverse suite of products Made safely, ethically, sustainably and reliably Vertically Integrated Linking upstream and downstream into
Slide 4: Our Business
Our Business Transforming into a globally relevant clean energy metals business For personal use only Quality Asset Portfolio Built a high quality, diverse portfolio of assets with direct connectivity to the battery supply chain Significant Growth Embedded exceptional opportunity to increase product
Slide 5: Financial Results
Financial Results Track record of operational and financial delivery For personal use only Record financial performance for 1H23 1H23 Group NPAT 1H23 Group Underlying EBITDA 1H23 Group Underlying Free Cash Flow A$591M A$834M A$433M 700 900 450 433 834 600 591 800 5491 400 717 500 700 363 350 400 600
Slide 6: Our Portfolio
Our Portfolio Diverse clean energy metals portfolio with a pipeline of growth For personal use only Greenbushes Lithium Operation (Li) Upstream Nova Operation (Ni-Cu-Co) Forrestania Operation (Ni) Kwinana Lithium Hydroxide Refinery (LiOH) Downstream Study on PCAM Refinery (Ni, Mg, Co) Cosmos Project
Slide 7: Lithium Business
For personal use only Lithium Business IGO Limited | Euroz Hartleys Institutional Conference 2023 Page 6
Slide 8: Lithium Market
Lithium Market Pricing expected to be supported by tight supply and strong demand For personal use only Recent strong pricing driven by significant market …with deficits expected until the end of the decade tightness…. Spodumene Concentrate Price ($US/FOB Aust) Forecast Lithium Market Balance (‘000t
Slide 9: Greenbushes Lithium Operation
Greenbushes Lithium Operation An outstanding, established lithium operation with significant growth profile For personal use only A world class lithium resource…. …delivering low cost spodumene concentrate production Global Hard Rock Lithium Deposits1 Greenbushes Quarterly Production and Unit Cost (
Slide 10: Kwinana Refinery
Kwinana Refinery Integrated downstream lithium hydroxide production For personal use only Australia’s first producing lithium hydroxide refinery… …with plans to significantly expand production Successfully producing battery grade lithium hydroxide; commercial production declared from Train 1 Lithi
Slide 11: Nickel Business
For personal use only Nickel Business IGO Limited | Euroz Hartleys Institutional Conference 2023 Page 10
Slide 12: Nickel Market
Nickel Market Near term surplus transitions quickly into deficits For personal use only Primary Nickel Supply/Demand Balance 1 200 Indonesian supply will drive surpluses until 2025 150 100 50 New nickel supply needed from ~2026 onward as EV demand exceeds supply 0 -50 -100 1.5Mt nickel needed from n
Slide 13: Our Nickel Business
Our Nickel Business Building an integrated nickel business For personal use only Strong portfolio of production assets… …with significant organic growth & value optimisation Nova Operation Forrestania Operation Cosmos Project Downstream Production Production In Development PCAM study underway High-q
Slide 14: Vertically integrating our Nickel Business
Nickel Business Vertically integrating our Nickel Business For personal use only Integrated Lithium Business Greenbushes Lithium Operation Kwinana Lithium Hydroxide Refinery (IGO 24.99%) (IGO 49%) WESTERN AUSTRALIA Nickel Business Battery Supply Chain Cosmos Kwinana LiOH Refinery Nova Nova Operation
Slide 15: Downstream Nickel
Downstream Nickel Disruptive pathway for moving nickel from mine to battery For personal use only Traditional Route IGO Integrated Approach Nickel Concentrate Nickel Concentrate (including low-quality concentrates typically rejected by smelters) Fragmented Supply Chain Smelting Integrated Facility I
Slide 16: Summary
For personal use only Summary IGO Limited | Euroz Hartleys Institutional Conference 2023 Page 15
Slide 17: Summary
Summary Building a globally relevant clean energy metals business For personal use only High quality portfolio of production, development and exploration assets Significant organic growth opportunities Committed to downstream integration Delivering outstanding financial results and returns to shareh
Slide 18: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer For personal use only • This presentation has been prepared by IGO Limited (“IGO”) applications and approvals, construction, financing • Nickel cash costs are reported inclusive of royalties and after (ABN 46 092 786 304). It should not be considered as an offer ar
Slide 19: Making a Difference
For personal use only Making a We believe in a world where people power makes How? Developments in battery storage technology amazing things happen. are enabling the full potential of renewable energy to be realised, by allowing energy produced from the Where technology opens up new horizons and cle