Australian Vanadium Limited · ASX:AVL
Australian Vanadium — Future Facing Commodities Conference 2024
13 slides from Australian Vanadium's conference presentation, March 2024
Slide 1: An Australian Vanadium Leader
Future Facing Commodities Conference Singapore March 2024 An Australian Vanadium Leader ASX:AVL
Slide 2: Compliance & Cautionary Forward-looking Statements
Compliance & Cautionary Forward-looking Statements The views expressed in this Presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information.
Slide 3: Australian Vanadium Limited (AVL) – An Australian Vanadium Leader
Australian Vanadium Limited (AVL) – An Australian Vanadium Leader A leading Australian vanadium company with a world class asset located in Western Australia, a Tier-1 mining jurisdiction AVL has a major vanadium resource in a market dominated by Russia, China and South Africa Recent merger consolid
Slide 4: Pit to battery – transformative 2023 positions AVL for super charged 2024
Pit to battery – transformative 2023 positions AVL for super charged 2024 WA Vanadium Vanadium Vanadium Battery Battery Mining Processing Electrolyte Assembly and Installation and Manufacture Manufacture Maintenance Vanadium Market Structural Changes Energy Market Structural Changes Future F
Slide 5: Growing need for long duration energy storage (LDES)
Growing need for long duration energy storage (LDES) LDES provides greater flexibility of storage and aids the growth in delivery of variable renewable energy (VRE) Growing requirement for energy storage with long lifespan (4 to 12 hours+) and limited degradation in performance Vanadium flow batteri
Slide 6: Global VFB roll-out led by China – increasing in scale to GWh
Global VFB roll-out led by China – increasing in scale to GWh Global VFB projects VFB proven technology At least 45 countries have 120 with over 200 operational VFBs operating or under 87 Announced batteries globally construction VFB projects 100 80 China accelerating roll out 600MWh average battery
Slide 7: VFB gigafactories being built in China
VFB gigafactories being built in China Manufacturing of VFBs and electrolyte at scale Gigafactory Total tonnes of Date Company manufacturing V2O5 required capacity per year per year • China is building gigawatt capacity in manufacture of VFBs and vanadium electrolyte January 2023 Shanghai Electric E
Slide 8: Australian Vanadium Project
Australian Vanadium Project Project Overview Vanadium, titanium, magnetite orebody located on tenements wholly owned by AVL, providing a significant, scalable project Simple open pit mining with standard magnetite concentrator process Potential for processing plant close to major port, providing opp
Slide 9: Optimised Feasibility Study focuses on realising economic benefits
Optimised Feasibility Study focuses on realising economic benefits Concept: The merger with TMT provides the opportunity to maximise project economics through access to high-grade areas of the orebody, which previously straddled the two projects CapEx OpEx • Potential for smaller concentrator and pr
Slide 10: Improved funding capability
Improved funding capability Potential project funding mix $49M Australian Commercial Equity market Government Offtake banks investors grant secured Government funding bodies Other grant (i.e. EFA, NAIF, funding CEFC etc.) RCF is a leading mining sector International focused private equity fund with
Slide 11: Progressing the project to production
Progressing the project to production Delivered Next steps BFS completed (pre-merger basis) Project Integration Offtake Mining Leases approved Combined Mineral Resource update (April target) Secure bankable vanadium offtake Completion of large-scale process including option for project finance plant
Slide 12: Investment thesis
Investment thesis Australian Growing vanadium Advancing funding Long−term Vanadium Project fundamentals strategies optionality Advanced project, 25+ VFB demand growth Project proposed to be Vanadium electrolyte year mine life with OFS to accelerating to support funded by debt, grants, manufacturing
Slide 13: www.avl.au
+61 (08) 9321 5594 info@avl.au www.avl.au Level 2, 50 Kings Park Road, West Perth, Western Australia 6005 Australian Vanadium Limited | ASX: AVL
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