Altamin Limited · ASX:AZI
Altamin — Investor Presentation (May 2023)
20 slides from Altamin's investor presentation, May 18, 2023
Slide 1: Critical Minerals for the European Energy Transition
For personal use only ASX: AZI CRITICAL MINERALS FOR THE EUROPEAN ENERGY TRANSITION ALTAMIN LIMITED ACN: 078 510 988 Investor Presentation | May 2023
Slide 2: Cautionary Statement
Cautionary Statement This presentation contains summary information about Altamin Limited (Altamin or the Company). For personal use only Summary of information: This presentation contains general and background information about the Company’s activities current as at the date of the presentation, a
Slide 3: EU Climate Change Policies
“…we need to secure the volumes EU Climate Change Policies needed for raw materials. For that, we will propose a Critical Raw Materials Act. Its aim is to facilitate ▪ Green Deal For personal use only the extracting, the processing ▪ Critical Raw Materials Act (CRMA) but also, the recycling in the E
Slide 4: CRMA: Supply Challenges
CRMA: Supply Challenges EU extraction share of demand “The EU’s minimum domestic extraction and processing thresholds appear For personal use only most challenging for lithium refining and cobalt mining.” Morgan Stanley Research, “Assessing the EU’s Critical Raw Materials Act”, March 2023 Report Fin
Slide 5: Altamin: Uniquely Positioned
Altamin: Uniquely Positioned For personal use only Exploring and developing Italian brownfield projects since 2015, in commodities aligned to the EU’s energy transition goals... …to relaunch mining with minimal environmental impact, supported by government, stakeholders and partners. W Investor Pres
Slide 6: Italian Government Support
Italian Government Support ▪ Italy’s government is strongly in favour of EU’s CRMA For personal use only ▪ Has called for ‘reopening mines or creating new mines’ to revive Italy’s strong mining & refining legacy ▪ Is open to reform the legislation to create a supportive environment for producing cri
Slide 7: CRMA: Key Opportunity
CRMA: Key Opportunity Lithium and Cobalt among 16 Critical Raw Materials defined as being of high For personal use only economic importance for Europe yet highly vulnerable to growing supply risks Altamin’s Projects are in key commodities: Altamin’s strategic advantages: ▪ Established, multi-discipl
Slide 8: Raw Materials Portfolio
Raw Materials Portfolio Diversified brownfield projects in key commodities For personal use only (USA) CRM* (Battery (Battery (Battery (Battery (Battery SRM** grade) grade) grade) grade) grade) ____ Altamin *Critical Raw Materials (CRM) Essential to EU economy, face EU Critical Raw Materials Act tar
Slide 9: Project Pipeline
Project Pipeline For personal use only Application Investigation Assessment Development Gorno (Zn/Pb/Ag) Appian Financed: Drilling, DFS, Permitting Punta Corna (Co/Ni/Cu/Ag) Expansion recon., Drill permits granted Lazio Lithium (Li, Energy) Resource & extraction assessment Corchia Copper (Cu/Co/Au/N
Slide 10: Gorno – Mine Restart Project
Gorno – Mine Restart Project For personal use only SOCIAL ENGAGEMENT ENVIRONMENTAL STEWARDSHIP SMART MINING ▪ Local support for the re-start of Gorno ▪ 100% tailings backfilled into mine, no TSF ▪ Use of conveyor systems to limit in an historical mining area noise, dust & traffic impacts ▪ UG mine d
Slide 11: Gorno – Appian Joint Venture
Gorno – Appian Joint Venture For personal use only Altamin Ltd Appian Capital Advisory Vedra JV funding tranches Funded Work Programs Project owner & developer Resource focused private 1st – US$10M for 30% Drilling – to expand and Experienced Italian team equity 2nd – US$55M for additional infill Mi
Slide 12: Punta Corna
Punta Corna – ▪ Historical, underground high-grade cobalt mining operation in the heart of the EU For personal use only ▪ Grab samples returned up to 5% cobalt, 6.5% nickel & 10% copper (+ Ag)* ▪ Historical bulk sample from multiple veins graded 0.6%-0.7% cobalt (+ Ni, Cu & Ag) ▪ Close to existing t
Slide 13: Lazio
Lazio – ▪ Potential for Lithium production associated with geothermal energy For personal use only ▪ Granted Licences in Cesano area of Lazio region – 50km north of Rome ▪ 15 deep geothermal wells drilled by ENEL in the area during 1970s-80s ▪ Historical pilot plant demonstrated extraction/re-inject
Slide 14: Corchia
Corchia – ▪ Historical high-grade (4.68% Cu) copper production from underground mines For personal use only ▪ Closed in 1940s with no modern exploration for lateral or depth extensions ▪ Outcropping VMS mineralisation that is highly prospective & well understood ▪ Extensive historical geology & prod
Slide 15: Summary
Summary For personal use only EU recent Italian government Lithium & Cobalt Altamin’s projects Altamin to legislation supportive of plans classified as are brownfield capitalise on mandates to rejuvenate “Critical Raw exploration & mine support for EU development of mining of Critical Materials” of
Slide 16: Altamin Limited
Altamin Limited Level 3, Suite 3.5 9 Bowman Street South Perth, WA 6151 For personal use only Australia T: +61 (0)8 9321 5000 E: info@altamin.com.au Energia Minerals Italia S.R.L Via Roma 492 24013 Oltre il Colle Bergamo, Italy T: +39 (0)3456 795000 E: EMIadmin@energiaminerals.com www.altamin.com.au
Slide 17: Appendices
For personal use only Appendices
Slide 18: Corporate & Team
Corporate & Team Capital Structure A project and corporate team with deep experience For personal use only Board 392M $27M Operational Team Erika Belotti, Regulatory Coordinator, Italy Shares on issue Market cap Geraint Harris, Managing Director Ms. Belotti hold degrees in foreign languages and lite
Slide 19: EU Critical Raw Materials Act (CRMA)
EU Critical Raw Materials Act (CRMA) For personal use only BUILDING A EUROPE-FOCUSED CRITICAL MINERALS VALUE CHAIN Lithium, Cobalt & Copper Diversify Europe’s imports of Mining projects to be identified Will ensure free movement named as “Critical Minerals” CRMs to reduce strategic as “Strategic“ =
Slide 20: Gorno Mineral Resource Estimate
Gorno Mineral Resource Estimate JORC Tonnes Zinc Total Lead Total Silver Domain For personal use only Classification kt % kt % kt g/t koz Indicated 5,000 6.7 335 1.7 86 33 5,380 Sulphide Inferred 2,060 7.2 149 1.8 38 31 2,040 Subtotal 7,060 6.9 484 1.8 124 33 7,420 Indicated 670 6.0 40 1.8 12 26 560