Beowulf Mining Plc · LSE:BEM

Beowulf Mining — Investor Presentation (October 2022)

26 slides from Beowulf Mining's investor presentation, Oct 5, 2022

  1. Slide 1: Delivering Raw Materials Critical for the Transition to a Green Economy

    Delivering Raw Materials Critical for the Transition to a Green Economy October 2022 Presentation title | 01

  2. Slide 2: Disclaimer

    Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by Beowulf By their nature, forward-looking statements involve risks and uncertainties because they relate to events Mining Plc (the “Company”). It has not been fully verified and is subject to mate

  3. Slide 3: Our Purpose

    Our Purpose To be a responsible and innovative company that creates value for our shareholders, wider society and the environment, through sustainably producing the raw materials critical for the transition to a Green Economy. • Visar respekt för alla • Kunnioittaa kaikkia • Showing respect to all i

  4. Slide 4: Three Business Areas

    Three Business Areas Primary Raw Materials needed to deliver the Green Transition An asset portfolio diversified by commodity, geography and the development stage of its various projects, focused on the metals required to facilitate the transition to a Green Economy High-grade iron concentrate – Sus

  5. Slide 5: Metals Critical for the Green Transition

    Metals Critical for the Green Transition The importance of sustainable, transparent and secure supply chains ‘Without secure and sustainable access to the necessary raw materials, our [European] Beowulf’s diversified portfolio ambition to become the first climate neutral continent is at risk… We [EU

  6. Slide 6: ESG

    ESG Sustainability and Innovation In its structure and systems, the Company is focused on four pillars in the construction of a sustainable organisation: 1. Corporate Governance; 2. Stakeholder Engagement; 3. Having a Long-term Time Horizon; and 4. Transparency and Accountability in our actions and

  7. Slide 7: High-grade Iron Ore for Fossil-Free Steelmaking

    High-grade Iron Ore for Fossil-Free Steelmaking Kallak / Sweden 7

  8. Slide 8: Kallak Iron Ore Project

    Kallak Iron Ore Project Sustainable source of high-grade iron concentrate • Discovered by the SGU in the 1940s. Section • First Exploration Permit awarded in 2006. • Designated an Area of National Interest by SGU in February 2013. • Drilling at Kallak North and South between 2010-2014, a total of 13

  9. Slide 9: Kallak – Progress this year

    Kallak – Progress this year Focus on collaboration, partnership, and transparency • Kallak is Beowulf’s main focus. • Exploitation Concession was awarded in March 2022. • In June 2022, Ulla Sandborgh was appointed as CEO of Jokkmokk Iron – strengthening the Company’s leadership in Sweden. • SRK awar

  10. Slide 10: Kallak: 3-4 years from production (2026)

    Kallak: 3-4 years from production (2026) Critical to a Nordic fossil-free steelmaking supply chain • Market Leading 71.5 per cent iron magnetite concentrate Market Leading with low levels of impurities. • Next best magnetite product on the market is LKAB's, which produces magnetite fines ("MAF") wit

  11. Slide 11: Kallak North ‘Only’

    Kallak North ‘Only’ Upside - 389 million tonnes of iron mineralisation identified in the Kallak area Iron Ore Concentrate Production • Concept Mining Study for Kallak North completed in 2021. 3,000,000 • Kallak North mine could produce approximately 2.7 Mtpa of 2,500,000 concentrate (predominantly m

  12. Slide 12: Kallak: Environment and Society

    Kallak: Environment and Society Collaboration and Partnership Environment • Sweden is a leader in sustainable mining. • Primary raw material production from mines is critical to ensuring secure supply chains, and the metals needed for the transition to a Green Economy. • Kallak is in the right place

  13. Slide 13: Developing an Anode Materials Supply Chain

    Developing an Anode Materials Supply Chain Grafintec / Finland 13

  14. Slide 14: Graphite for Lithium-ion Battery Anodes

    Graphite for Lithium-ion Battery Anodes Regional, sustainable and secure supply chains, coupled with strategic manufacturing capability • Graphite can be mined or made synthetically. In nature, graphite occurs in three different forms: amorphous, flakes and veins. • Flake graphite can be converted t

  15. Slide 15: Grafintec

    Grafintec Aiming to be a European leader in the sustainable supply of anode material Anode Materials • Plans to establish anode materials production in Finland. Production • Partnership between Hensen and Grafintec to provide an integrated solution for production and supply of battery anode material

  16. Slide 16: Batteries from Finland

    Batteries from Finland Supported by Finnish and European Funding Grafintec is a recipient of Business Finland funding, which supports the development of anode material production within the Finnish battery cluster BATCircle • The development of a Finland-based Circular Ecosystem of Battery Metals. •

  17. Slide 17: Potential Regional Supplier of Metals for the European Green Transition

    Potential Regional Supplier of Metals for the European Green Transition Vardar Minerals / Kosovo 17

  18. Slide 18: Making Discoveries in the Tethyan Belt

    Making Discoveries in the Tethyan Belt State-of-the Art Exploration • The Tethyan Belt of south-east Europe can be regarded as the region’s chief copper-gold (lead-zinc-silver) province – contains several world class discoveries. • Beowulf has invested approximately £3.1 million and owns 59.5 per ce

  19. Slide 19: Mitrovica Project

    Mitrovica Project Building the picture – A large porphyry style mineralised system • Immediately west and northwest of the world-class Stan Terg lead-zinc-silver mine. • Licence includes numerous base and precious metal soil sampling anomalies, gossans and extensive Wolf Mountain : Pb-Zn-Ag alterati

  20. Slide 20: Majdan Peak – Large Polymetallic Epithermal System

    Majdan Peak – Large Polymetallic Epithermal System • 11 widely spaced diamond drillholes covering an area 1,400m by 700m. • All drillholes intersected abundant sulphides, intense alteration, and multiple generations of veining which are all factors indicative of a large polymetallic epithermal syste

  21. Slide 21: Majdan Peak South – Significant ‘district’ potential

    Majdan Peak South – Significant ‘district’ potential • Additional analysis of drilling and exploration activities in and around the Majdan Peak South (“MPS”) target produced new exploration targets each of which could represent an economic deposit. • MPS is one of several base and precious metal tar

  22. Slide 22: Delivering Raw Materials Critical for the Transition to a Green Economy

    Delivering Raw Materials Critical for the Transition to a Green Economy Commitment to ESG, Building an offer of Exposure to a Focus on Experienced sustainability, sustainable, diversified portfolio of collaborations and management team innovation, and transparent and essential metals partnerships to

  23. Slide 23: Contacts

    Contacts Kurt Budge Chief Executive Officer kurt.budge@beowulfmining.com https://beowulfmining.com Contacts 23

  24. Slide 24: Appendices

    Appendices Appendices 24

  25. Slide 25: Board and Management

    Board and Management Christopher Davies MSc DIC in Mineral Exploration FAusIMM Sven Otto Littorin Non-Executive Director BSc in Economics and Business Non-Executive Chairman Fellow of the Australasian Institute of Mining and Metallurgy, Chris is an exploration/ economic geologist with more than 30 y

  26. Slide 26: BEOWULF MINING plc

    6) BEOWULF MINING plc

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