Kuniko Ltd. · ASX:KNI
Kuniko — Spark Plus Metals & Mining Day 2021
25 slides from Kuniko's conference presentation, Sep 29, 2021
Slide 1: Kuniko to present at Metals & Mining Day hosted by Spark Plus
ASX Release 29.09.2021 ASX: KNI Fast Facts Issued Capital: 53,180,499 Market Cap (@$1.72): $91.47m For personal use only Kuniko to present at Metals & Mining Highlights Developing Copper, Nickel, Day hosted by Spark Plus Cobalt, and other battery metals projects in Europe, for Europe. Ethical Sourci
Slide 2: About Kuniko
ASX Release 29.09.2021 After registering your interest, you will receive a confirmation email with information about joining the webinar. Participants For personal use only will be able to submit questions via the panel throughout the presentation; however, we encourage shareholders and investors to
Slide 3: Kuniko Zero Carbon Battery Metals
KUMNIKO ZERO CARBON BATTERY METALS™ i?
Slide 4: Disclaimer
Disclaimer For personal use only The information contained in this presentation has been prepared by Kuniko Limited (ASX:KNI). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in KNI. This pre
Slide 5: Europe needs a lot of battery metals
For personal use only Europe needs a lot of battery metals… >500 GWh battery manufacturing capacity by 2030 to supply electric vehicle (EV) market ESG Per annum, this equates to approximately: • 100,000 tonnes of cobalt • 315,000 tonnes of nickel • 800,000 tonnes of copper compliant? 3
Slide 6: …with low CO2 footprint
Kg of material produced CO2 Emissions per Cu Co Ni 5kg CO2 For personal use only 11kg CO2 13kg CO2 …with low CO2 footprint: EU Battery Regulation Combined, this EU Cu-Ni-Co metal requirement for EVs will emit approximately: 10Mt Eq. per annum E EU Regulation: From 1 January 2026, lithium-ion batteri
Slide 7: …ethically sourced
For personal use only …ethically sourced • Current strong ethical traceability issues for cobalt: child labour, exploitation, corruption. • International Rights Advocates file federal case on behalf of children killed in DRC cobalt mines. S ocial EU regulation: Manufacturers will have to demonstrate
Slide 8: …and responsibly sourced
…and responsibly For personal use only sourced ¹ ² ³ G overnance ¹Financial Times, 31 August 2020 https://on.ft.com/2P6BYqN ²ABC News, 30 August 2019 https://ab.co/3sJyKHD EU regulation: for requirements related to the carbon footprint and the responsible sourcing of raw materials, mandatory third-p
Slide 9: Our Solution
Our Solution For personal use only Developing projects in Europe, for Europe. ETHICAL sourcing ensured. 100% commitment towards electrified, net ZERO CARBON footprint throughout exploration and development. Operations in Norway, where ~95% of electricity comes from RENEWABLE sources. 7
Slide 10: Our Projects
Cu For personal use only Co Ni Our Projects 263km2 of exclusive license areas in Norway Cobalt Refining Nickel Refining /Smelting/Chemicals 8
Slide 11: Norway – Active Mining Jurisdiction & Leader in Renewable Energy
Norway – Active Mining Jurisdiction & Leader in Renewable Energy For personal use only “I think it is urgent to find out what is hiding under the surface in Norway. Not just for battery factories, but really for all industry and Active mining jurisdiction everything around the green shift. We have b
Slide 12: Proximity to the Fastest Growing Battery Market
Proximity to the Fastest Growing Battery Market Brandenburg, 2021 Brandenburg, 2021 At least 20GWh RAMP UP TO 8-12 GWh For personal use only Salzgitter, 2025 Bitterfeld, 2022 40GWh 16 GWh Spain, Eastern Europe, etc. Wroclaw, 2018 4x40GWh 6 GWh, LATER 70 GWh 800GWH BATTERY Erfurt, 2022 14 GWh LATER 1
Slide 13: Cobalt Fundamentals
Co Cobalt Fundamentals For personal use only Global Cobalt Market Balance (%) 100% Cobalt – Battery 98% of Cobalt production is mined as a Source: Wood Mackenzie Market Share (%) by-product Source: Wood Mackenzie 9.5% 60% 38% Copper mining Nickel mining 3.2% Source: Global Energy Metals 2020 2025 20
Slide 14: Skuterud Cobalt Project
Co Skuterud Cobalt Project For personal use only The historical home of cobalt production • Skuterud: Over 1 million tonnes of cobalt ore mined* from 1773-1898, the world’s largest cobalt producer & Norway’s largest company at the time • Ca. 9km trend of historic cobalt workings along Skuterud trend
Slide 15: Nickel fundamentals
Ni Nickel fundamentals For personal use only Global Nickel Market Balance (kt) 50% Nickel – Battery Estimated Carbon Footprint Source: Wood Mackenzie Market Share (%) Tons CO2/ton Refined Ni produced Source: Wood Mackenzie 80 69 70 60 100 2020 2025 2030 50 45 25% 40 825 30 27.5 20 10 7.19 2,000 0 0%
Slide 16: Feøy Nickel Project
Ni Feøy Nickel Project High grade, historical nickel production For personal use only • Feøy Project: historical Ni-Cu mining district, contains Vigsnes and Feøy mines • Feøy: historical nickel-copper mine with high mined grades* of 2.6 % Cu and 2.1 % Ni • Potential to define “brownfields”, high gra
Slide 17: Copper fundamentals
Cu Copper fundamentals Annual Copper in EVs and ICE vehicles For personal use only Copper content by vehicle type 4.0 EV ICE Annual Copper Consumption (Mt) ICE 22Kg 3.0 HEV 40Kg 2.0 EV 83Kg Source: Reuters 1.0 0.0 5Mt 2020 2030 2040 Source: Wood Mackenzie Almost 5Mt CO2 to be emitted per annum for c
Slide 18: Copper Projects
Cu Copper Projects For personal use only High grades, rich history of production Vangrøfta: Granted Copper Tenements Area (km2) • Historical Fredrik IV Mine - 30 years of small tonnage production up Undal 101-102 20.00 Nyberget 101-102 20.00 to 1908 @ 6% Cu grade*. Vangrofta 102 10.00 • Sampling by
Slide 19: Exploration Activities: Significant Airborne Geophysics Program
Exploration Activities Significant Airborne Geophysics Program For personal use only ▪ All of the Kuniko licence areas have seen little modern exploration, despite being significant historical producers of nickel, cobalt, copper and zinc ▪ Airborne geophysical surveys completed in September ‘21over
Slide 20: Exploration Activities: Initial field work complete at Skuterud & Vangrøfta
Exploration Activities Initial exploration field work complete at Skuterud For personal use only & Vangrøfta, results expected October ‘21 Geochemical rock and soil sampling data set will augment that collected by previous explorers and allow outlining and evaluation Skuterud: of geochemical anomali
Slide 21: Corporate Snapshot
Corporate Snapshot For personal use only Shares on issue and market capitalisation Top shareholders Shares on issue (ASX: KNI) 53.18M Vulcan Energy Resources Limited 25.85% Issue Price A$1.72 BNP Paribas Nominees Pty Ltd Acf Clearstream 4.17% Market cap (undiluted) A$91.5M Other securities Options o
Slide 22: Kuniko Team
Kuniko Team For personal use only Gavin Rezos Antony Beckmand Brendan Borg Maja Mcguire Birgit Liodden Dr. Liz Thompson Chairman CEO Non-Executive Director Non-Executive Director Non-Executive Director Consultant Geologist / • Executive Chair/CEO • Consultant geologist who • Consultant lawyer with •
Slide 23: Kuniko Zero Carbon Battery Metals
KUMNIKO ZERO CARBON BATTERY METALS™ i?
Slide 24: Appendix 1: Licenses
Appendix 1: Licenses For personal use only License Name Status Date Granted Area (km2) Undal 101 Granted 5/07/2018 10.00 Undal 102 Granted 5/07/2018 10.00 Nyberget 101 Granted 5/07/2018 10.00 Nyberget 102 Granted 5/07/2018 10.00 Vangrofta 102 Granted 27/08/2018 10.00 Skuterud 101 Granted 19/10/2020
Slide 25: Appendix 2: References
Appendix 2: References For personal use only Slide Reference Source Regulation of the European Parliament and of the Council Slide 4, 5, 6 EU Battery Regulation concerning batteries and waste batteries, repealing Directive 2006/66/EC and amending Regulation (EU) No 2019/1020 CO2 Emissions per Journa