Neometals Ltd · ASX:NMT
Neometals — Benchmark New York 2019
29 slides from Neometals's conference presentation, May 7, 2019
Slide 1: The evolution of lithium: Why we still love lithium
For personal use only The evolution of lithium ® Why we still love lithium Benchmark New York, May 2019 ASX Code: NMT OTC/Nasdaq Intl: RDRUY + Ti/V = 1
Slide 2: Disclaimer
Disclaimer For personal use only Summary information: This document has been prepared by Neometals Ltd (“Neometals” or “the Company”) to provide summary information about the Company and its associated entities and their activities current as at the date of this document. The information contained i
Slide 3: Executive Summary
Executive Summary For personal use only • Innovative project developer listed on ASX (ticker NMT) • Acquired & developed Mt Marion into the world’s 2nd largest spodumene producer with MinRes (ASX:MIN) and Ganfeng (HK:1772) • Staged sell-down with final tranche settling Mar 2019 (A$104M) taking total
Slide 4: Our lithium ecosystem post-Mt Marion
Our lithium ecosystem post-Mt Marion For personal use only + Ti/V = 4
Slide 5: Short term development priorities
Short term development priorities For personal use only • Core strategy - de-risk and develop long life projects with strong partners and integrate down the value chain to increase margins and return value to shareholders • Neometals will maintain a defensive balance sheet strategy and disciplined c
Slide 6: Lithium Market
For personal use only Lithium Market • Supply/Demand outlook + Ti/V =
Slide 7: Strong conviction in long term lithium battery/EV/ESS thematic
We have strong conviction in the long term lithium battery/EV/ESS thematic…. and that the batteries wear out! For personal use only + Ti/V = 7
Slide 8: Strong Long-Term Fundamentals
Strong Long-Term Fundamentals For personal use only Market is long now but supply deficit expected to emerge mid 20’s despite new capacity + Ti/V = 8
Slide 9: Our Lithium Business
For personal use only Our Lithium Business • Lithium Ion Battery Recycling Project • Lithium Refinery Project • Lithium Technologies • Lithium Feedstocks - Mt Marion Offtake Option + Ti/V =
Slide 10: Recycling and Recovery: Li Ion Battery Recycling Project
For personal use only Recycling and Recovery Li Ion Battery Recycling Project Neometals 100% + Ti/V =
Slide 11: Value chain – who must recycle
Value chain – who must recycle For personal use only Pressure on companies to recycle: • regulatory commitment • stakeholder pressure to conduct themselves in sustainable fashion • are committed to life cycle management in home jurisdiction – extending it across global footprint + Ti/V = 11
Slide 12: Regulations are driving obligations
Regulations are driving obligations For personal use only • EU regulation says the producer (i.e. vehicle manufacturer) must take back spent batteries. 100% collection, no land-filling • LIB target = >50% by weight • EV target = >85% by weight • US regulation says owner of battery has to pay for rec
Slide 13: Deliver a needed service to battery OEMs
Deliver a needed service to battery OEMs For personal use only Development of EV battery recycling flowsheet to meet market demand Predominantly NCA/NCM chemistries but flowsheet retains flexibility to process LCO from consumer electronics. + Ti/V = 13
Slide 14: Lithium Battery Recycling work stream is highest priority for 2019
Lithium Battery Recycling work stream is highest priority for 2019 For personal use only Neometals is developing a sustainable technology to economically recover the critical metals from spent lithium ion batteries. • Large potential supply with <5% batteries truly recycled globally (ex China) • 201
Slide 15: Neometals High-level Flowsheet
Neometals High-level Flowsheet For personal use only + Ti/V = 15
Slide 16: Value proposition
Value proposition For personal use only Flexible business model: Differentiation: • Unique flowsheet - true closed loop, 1. Provision of recycling service - fee high recoveries and environmentally for service and/or sale of chemical friendly products recovered • Flowsheet accepts broad battery chemi
Slide 17: Indicative Project Timeline
Indicative Project Timeline For personal use only Pilot Plant: Pilot Plant: Pilot Plant: Commence Eng / Feasibility Commercial Comminution Leaching Purification Engineering Study Results Plant (*) Study and FID (*) Fabrication / - Bench Test Scoping Study Construct - Bulk Pilot Completion Jan/Feb 19
Slide 18: Downstream processing: Lithium Refinery Project
For personal use only Downstream processing Lithium Refinery Project Neometals 100% + Ti/V =
Slide 19: Overview
Overview For personal use only Progressing technical, commercial and approvals workstreams during downturn to be shovel ready when the market turns • Modern, conventional direct-conversion sulphate process to produce 10kt pa of battery-quality LiOH from spodumene concentrate - similar flowsheet prov
Slide 20: Option over strategically located potential site
Option over strategically located potential site adjacent to road, rail, power, gas, water and people For personal use only + Ti/V = 20
Slide 21: Indicative Project Timeline
Indicative Project Timeline For personal use only Exyte Value Engineering Engineering and Engineering Vendor Final Cost Study on Process Cost Test work on Feasibility Mt Marion Coarse Optimisation Study (*) Mt Marion Fines Study (*) Concentrate Concentrate(*) MarQ 2019 JuneQ 2019 1H FY 2020 2H FY202
Slide 22: Development: Zeolite co-product from Spodumene Leach Residue
For personal use only Development Zeolite co-product from Spodumene Leach Residue Neometals 100% + Ti/V =
Slide 23: Overview
Overview For personal use only • Potentially removes need and cost for leach residue disposal. • Neometals has proved concept of producing synthetic zeolite from spodumene leach residues at both CSIRO and QUT, Australian Provisional Patent lodged Synthetic zeolites are high value engineered material
Slide 24: Commercialisation Plan
Commercialisation Plan For personal use only Commence M+W Capital Operating Cost Pilot Plant Pilot Plant Engineering Cost Study Study A A&X Results Study(*) & Product Lab Test X Optimise A & X Evaluation MarQ 2019 JunQ 2019 SepQ 2019 DecQ 2019 MarQ 2020 (*) Subject to NMT Board Approval + Ti/V = 24
Slide 25: Technologies: Process and LTO
For personal use only Technologies Process Neometals 100% LTO Neometals 100% + Ti/V =
Slide 26: Process cost reduction - Patented ELi process
Process cost reduction - Patented ELi process needs Pilot scale validation For personal use only + Ti/V = 26
Slide 27: Product revenue enhancement – Lithium-titanate (LTO) anode material
Product revenue enhancement – Patent pending Lithium-titanate (LTO) anode material For personal use only Superior Anode for EV requirements for safety, recharging speed and life + Ti/V = 27
Slide 28: Company Highlights
Company Highlights For personal use only SECURITY Strong balance sheet A$116M plus $10M investments, no debt Strong board and management team, collectively the largest shareholders History of de-risking development with strong operating and offtake partners History of disciplined capital all
Slide 29: Thank you
For personal use only Thank you www.neometals.com.au + Ti/V = 29