Reward Minerals Ltd · ASX:RWD
Reward Minerals — Investor Presentation (October 2022)
17 slides from Reward Minerals's investor presentation, Oct 31, 2022
Slide 1: A Revolution for the SOP Brine Industry: Investor Update
REWARD A Revolution for the SOP Brine MINERALS Industry LIMITED Investor Update ASX | RWD www.rewardminerals.com
Slide 2: Forward Looking Statements & Disclaimer
FORWARD LOOKING STATEMENTS & DISCLAIMER This document includes forward-looking statements. When used in this document, the words such as “could”, “plan”, “estimate”, “expect”, “intend”, “may”, “potential”, “should”, and similar expressions are forward-looking statements. Although RWD believes that t
Slide 3: Summary: Key Value Drivers for Reward Minerals
SUMMARY Key Value Drivers for Reward Minerals 1. Development of new Potassium Sulphate (“SOP”) processing technology (the “Reward Process”) and confirm potentially significant operating and capital costs savings compared to existing technology. 2. Worldwide engagement with third party SOP, solar sal
Slide 4: Reward Corporate Snapshot (ASX:RWD)
REWARD CORPORATE SNAPSHOT (ASX:RWD) Capital Structure Management Ordinary Shares on Issue 195.2M Colin McCavana – Non-Executive Chairman +30 years experience in resources and earthmoving industries Options on Issue ($0.20) 20.9M Ex MD of Haddington Resources Ltd. & Chair of Northern Minerals Ltd Sha
Slide 5: Highly Experienced Potash & Salt Team
HIGHLY EXPERIENCED POTASH & SALT TEAM +100 years combined potash experience • Reward Minerals has been exploring and developing potash brine and buried evaporite deposits in Australia (+16 years). • Director - Dr. Michael Ruane PhD (Chemistry) has been leading technical assessments on solar salt and
Slide 6: The Reward Process (Patent Pending)
THE REWARD PROCESS (PATENT PENDING) Key Aims • Complete the development of the Reward Process (International Patent Application Submitted), for the recovery of SOP from brine resources and directly from solar salt operation bitterns. • Confirm the model for production of +200,000t per annum of SOP f
Slide 7: The Reward Process (Patent Pending)
THE REWARD PROCESS (PATENT PENDING) • No mechanical harvesting. • No flotation upgrade required. • Uses off the shelf fixed plant components. • Potential for significantly reduced operating & capital costs. • Applicable for most sulphate brine resources. • Seawater solar salt operations Bitterns con
Slide 8: The Reward Process: Key Advantages
THE REWARD PROCESS (PATENT PENDING) Key Advantages • The Reward Process extracts Potassium (K) and Sulfate (SO 4) components directly from amenable brines avoiding mechanical harvesting and flotation upgrade of crude Potash solids (KMS); • Mechanical harvesting of KMS is expensive and requires sophi
Slide 9: Third Party Solar Salt Operations
THIRD PARTY SOLAR SALT OPERATIONS • The Reward Process is flexible and can be used to recover SOP from solar salt bitterns and other sulphate brine Resources. 9
Slide 10: 3rd Party Solar Salt and Potash - WA
3RD PARTY SOLAR SALT AND POTASH - WA • WA has >14Mt pa Salt output and with the proposed BCI, K+S and Leichhardt projects capacity FIN Mitsui Onslow Salt could increase by ~90%. Rio Tinto (Salt + SOP) Operations Dampier Salt • Critical issues in terms of Operations economics are emerging at K+S (Sal
Slide 11: Next Steps
NEXT STEPS Focus on developing Reward’s technology • Worldwide engagement with third party SOP and solar salt companies, aiming to secure a strategic partner for a development and production JV using the Reward Process; • Currently engaged with a number of solar salt and potash companies operating i
Slide 12: Appendix - Kumpupintil Lake Potash Project
APPENDIX - KUMPUPINTIL LAKE POTASH PROJECT Advantages • Globally significant SOP Project, located in Little Sandy Desert where there is very high evaporation rates and low rainfall. • Insitu SOP Resource 596Mt Detailed, conservative Highest Native title • Drainable SOP Resources 153Mt evaporation, P
Slide 13: Logistics: Routes for SOP to Port
LOGISTICS: ROUTES FOR SOP TO PORT • Route A via Newman = 840 km • Sealed ~500 km • Unsealed ~340 km • Route B via Marble Bar = 750 km • Sealed ~370 km • Unsealed ~380 km 13 For Sources and Notes – See “Compliance Section”
Slide 14: Future Outlook - KP Potash Project
FUTURE OUTLOOK - KP POTASH PROJECT Continued work on the PFS review • Preliminary review of material movement parameters completed ready for update of engineering, capital and unit operational costs by appropriate technical firms. • Laboratory testwork continuing to enhance the SOP recovery flowshee
Slide 15: Reward Minerals - Contacts
REWARD MINERALS - CONTACTS Executive Director – Dr. Michael Ruane PhD (Chemistry) MRACI Email: michael.ruane@rewardminerals.com Phone: +61 8 9386 4699 Mobile: +61 411 166 301 CEO – Lorry Hughes BSc. (Geology) MAusIMM Email: lorry.hughes@rewardminerals.com Phone: +61 8 9386 4699 Mobile: +61 400038439
Slide 16: Compliance Section
COMPLIANCE SECTION Competent Person Statement The information in this presentation that relates to the existing Kumpupintil Lake (Lake Disappointment) Project Mineral Resource Estimate and hydrogeology is extracted from the report titled “Lake Disappointment (LD) Project Confirmed as a Globally Sign
Slide 17: Compliance Section
COMPLIANCE SECTION Information Sources: a list of Reward’s ASX Releases as sources of information contained in this Presentation 1. See ASX announcement released 7 February 2017, titled “Lake Disappointment (LD) Project Confirmed as a Globally Significant Tier 1 Sulphate of Potash Deposit”. 2. See A
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