Minbos Resources Limited · ASX:MNB
Minbos Resources — Investor Presentation (July 2022)
26 slides from Minbos Resources's investor presentation, Jul 12, 2022
Slide 1: Corporate Presentation
Corporate Presentation JULY 2022
Slide 2: Disclaimer
Disclaimer Some of the statements appearing in this announcement may be in the nature of forward-looking statements. You should be aware that such statements are only predictions and are subject to inherent risks and uncertainties. Those risks and uncertainties include factors and risks specific to
Slide 3: Investment Overview
Investment Overview Development of food security & clean energy projects in Angola Granulated Green The Phosphate Ammonia Future fertilizer Cabinda Phosphate Fertilizer Project Capanda Green Hydrogen-Ammonia Project Future Opportunities High-grade Resource 8.4MT @ 29.6% Government support to establi
Slide 4: Company Overview
Company Overview Capital Structure Board & Management 465M $70M $3.5M $66.5M Lindsay Reed A Mining Engineer with 30 years’ experience in exploration, development, operations and corporate finance. Lindsay has worked in minerals sands, Shares on Issue Market Cap* Cash* Enterprise Value Chief Executiv
Slide 5: Strategic Investment to accelerate Angolan Projects
Strategic Investment to accelerate Angolan Projects Cornerstoned Placement, Debt Facility and Strategic Cooperation Agreement Strategic $25m $25M Cooperation Placement Non-Binding debt Agreement Term Sheet Cornerstone Placement Debt Facility – “Non-Binding Term Sheet” Strategic Cooperation Agreement
Slide 6: $25 million Placement of which $15m is cornerstoned
$25 million Placement of which $15m is cornerstoned Including an investment from an entity controlled by Chairman of US$18 Billion Shanghai Putailai New Energy Syndicate of investors led by Mr. LIANG Feng, the Chairman of Shanghai Jayson New Energy Materials (Jayson), seeking exposure to Lithium Fer
Slide 7: $25 million Non-Binding Debt Term Sheet
$25 million Non-Binding Debt Term Sheet Long-lead items ready to be shipped for Cabinda Phosphate Fertilizer Project Non-Binding Term Sheet Details • High level Non-Binding Term Sheet signed with Long March Capital for arrangement of debt facility • US$25 million in tranches of US$5 million, availab
Slide 8: Strategic Cooperation Agreement
Strategic Cooperation Agreement Signed with Cornerstone Investors to develop Lithium Ferro Phosphate and Large-Scale Green Ammonia Project development, Offtake and Financing new Battery and Large-scale Ammonia Projects Ferro Phosphate and Lithium Ferro Phosphate (LFP Projects) • Identify, approach a
Slide 9: Angola’s Energy Advantage
Angola’s Energy Advantage large scale hydro the perfect input for Green Ammonia Angola’s hydropower potential among the highest in Africa • Top 10 Globally for new installed hydro capacity • 2nd highest producer of hydropower in Africa • 1000MW of unutilized hydropower available Minbos Secures 200MW
Slide 10: Global Ammonia Market
Global Ammonia Market Producing Green Ammonia Current Market • Global ammonia demand was 183 Mt (2020), 85% used in the fertilizer sector • There are 120 ports equipped with ammonia terminals • Between 2000-2020, the market price for ammonia ranged from USD $100 - $600/t • In 2021, driven by natural
Slide 11: The Most Compelling Green Hydrogen-Ammonia Project Globally
The Most Compelling Green Hydrogen-Ammonia Project Globally Ammonia plant to be located <11km from Capanda hydroelectric dam Minbos secures 200MW of zero-carbon hydropower that comes from the Capanda Hydroelectric Dam Located on the Kwanza River, in the Malange Province of Angola Capanda has install
Slide 12: Growing Small Holder Farmers with the Potential for Phosphate Litho-ion Battery Offtake
GROWING SMALL HOLDER FARMERS WITH THE POTENTIAL FOR PHOSPHATE LITHO-ION BATTERY OFFTAKE
Slide 13: Angola’s Agricultural Potential
Angola’s Agricultural Potential Vast tracts of unoccupied arable land 31M 57M ha 5M ha Population Arable Land Cultivated Land – 1000-1500mm of rain per year – 3 million farm households (~1-2 hectares) – 95% smallholder farming – 100% of fertilizers is imported ANGOLA WAS ONE OF AFRICA’S LEADING FARM
Slide 14: Cabinda Phosphate Project
Cabinda Phosphate Project High-grade Phosphate rock fertilizer – Cácata Phosphate Resource 8.4MT @ 29.6% P2O5 – Phosphate Rock to be trucked to Futila Granulation Plant – Futila Industrial Zone has access to stable grid power, the water network, gas & diesel – Close to the Ports of Caio and Cabinda
Slide 15: Next 12 Months For Green Ammonia
Next 12 Months For Green Ammonia Key milestones & studies Capanda Green Ammonia Project – Budget and first year’s timetable for a market assessment study, for the proposed Green Hydrogen- Ammonia Plant – Technology and Engineering Partnership Agreement to be executed with Stamicarbon – Scoping Study
Slide 16: Next 12 Months For Cabinda Phosphate Project
Next 12 Months For Cabinda Phosphate Project Key milestones & studies to take Cabinda into production Q3 2022 Q4 2022 Q1 2023 Q2 2023 DFS Phosphate Plant Relocation Program Commissioning of Completed Construction Licence underway Granulation Plant Long-lead items First production of Mine Constructio
Slide 17: Use of Funds
Use of Funds Completion of Definitive Feasibility Study Payment for long-lead items Cabinda Phosphate Plant Construction Green Ammonia Technical and Market Assessment Studies Working Capital Requirements ASX:MNB | 17
Slide 18: Contact Us For More Information
CONTACT US FOR MORE INFORMATION Lindsay Reed Chris Swallow Chief Executive Officer Corporate Development l.reed@minbos.com c.swallow@minbos.com +61 409 536 643 +61 412 174 882
Slide 19: Risk Factors
Risk Factors Risks with Operating in Angola equipment, mechanical failure or plant breakdown, unanticipated metallurgical problems which may affect extraction costs, adverse weather conditions, industrial and environmental accidents, industrial disputes and unexpected shortages or increases in the c
Slide 20: Appendix
Z~ fo) MINBOS PHOSPHATE FERTILIZER APPENDIX
Slide 21: The Basics: The Ammonia Economy
APPENDIX The Basics The Ammonia Economy Ammonia is the second-most-widely produced commodity chemical globally 180 million metric tons (t) of ammonia is produced annually with 120 ports equipped with ammonia terminals Key uses: – Explosives: Ammonium nitrate-based explosives – fertilizers: Nitrogen
Slide 22: The Basics: Producing Green Ammonia
APPENDIX The Basics Producing Green Ammonia Haber-Bosch process combines hydrogen and nitrogen to form ammonia Ammonia has the same chemical structure (NH3) whether it is produced from fossil or renewable energy Global ammonia plants: – 72% use natural gas, emitting on average 1.6-1.8 tonnes of CO2
Slide 23: Why making Green Ammonia locally matters
APPENDIX Why making Green Ammonia locally matters Our US$200/t local for local advantage ASX:MNB | 23 Source: Stamicarbon CAN analysis derived from AFAP/IFDC
Slide 24: The Ammonia-Hydrogen Link
APPENDIX The Ammonia-Hydrogen Link Ammonia the central pillar in the hydrogen economy ▪ Green ammonia is produced from renewable hydrogen, which in turn is produced via water electrolysis using renewable electricity ▪ Ammonia production accounts for 45% of global hydrogen consumption ▪ By 2050, ammo
Slide 25: Enhanced Phosphate Rock
APPENDIX Enhanced Phosphate Rock The beginning of fertilizer self reliance ENHANCED CABINDA PHOSPHATE ROCK 85% local phosphate rock/15% Fit for Angola EPR works best in P-deficient acid soils, legume and cereal crops, water soluble phosphate blend high rainfall climates. Low-cost High-solubility AFF
Slide 26: ESG Framework and Reporting
APPENDIX ESG FRAMEWORK AND REPORTING Impact corporate governance for the Babinda project – ESG Risk – Minbos ESG Framework climate impact, nature loss, and social unrest Minbos has adopted the World Economic around inclusion and working conditions. Forum ESG framework. – Reporting - Impact Investmen