Slide 1: Wonarah – Tier 1 Phosphate Project
For personal use only Wonarah – Tier 1 Phosphate Project March 2022 CRU Phosphates Conference ASX: AEV
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Avenira Limited (Avenira). This document does not constitute or contain an Statements contained in this document, including but not limited to those regarding the possible or assumed future offer, invitation, solicitation or rec
Slide 3: Wonarah Project
Wonarah Project For personal use only § Tier 1 premium grade phosphate deposit in Australia § 100%-owned by Avenira § JORC 2012 resource of 550Mt, with 67Mt at 30% P2O5 (27% cutoff grade) § Scoping study for Thermal Phosphoric Acid Plant and Ferric Phosphate Plant underway § Strategic review continu
Slide 4: Phosphate Market - Batteries
Phosphate Market - Batteries For personal use only Lithium Ferro Phosphate (LFP) batteries are growing in popularity for electric vehicles and static storage due to: § Low cost, effective vs surging nickel and cobalt prices § Safe, low toxicity § Reliable, well-defined performance, longer life cycle
Slide 5: Rise of LiFePO4 Batteries
Rise of LiFePO4 Batteries For personal use only Significant change in sentiment towards safer, longer life, recycle friendly Lithium Ferro Phosphate (LFP) batteries batteries in last 6 months § Tesla recently announced in its 2021 Q3 investor deck that it would be changing the battery in its standar
Slide 6: NEWS BULLETIN – March 2022: NMC Batteries, clouds forming
NEWS BULLETIN – 8 March 2022 For personal use only NMC Batteries, clouds forming • The current inflated (and unsustainable) metals prices on the London Metals Exchange and its effect on NMC batteries have created a mathematical scenario that almost doubles the cost of raw materials in NMC batteries
Slide 7: Phosphate Market - Fertilizers
Phosphate Market - Fertilizers For personal use only Fertilizer demand is continuing to improve: § Phosphate rock price 32% grade P2O5 has risen 240% from its 10 Year low price in April 2020 § Food demand predicted to grow 50% by 2050 § Phosphate is a vital ingredient for NPK fertilisers § Depleted
Slide 8: Novaphos – IHP Process
Novaphos – IHP Process For personal use only Avenira has been a partner with Novaphos from initial foundation equity partner through to exclusive licensee in Australia § The Novaphos process produces high quality super phosphoric acid § Low environmental impact without the traditional wet acid proce
Slide 9: Scoping Study - Concepts
Scoping Study - Concepts For personal use only The Avenira study team have over the past four months consulted scientific organisations, universities, industry technical and economic analysts and manufacturers to develop a level understanding of the full supply chain of the active cathode market and
Slide 10: Wonarah Project: specifics
Wonarah Project: specifics For personal use only Tier 1 world class phosphate asset: § Largest premium grade phosphate resource (15% P2O5 cutoff) in Australia: § Measured Resource of 64.9 Mt @ 22.4% P 2O 5 § Indicated Resource of 133 Mt @ 21.1% P 2O 5 § Inferred Resource of 352 Mt @ 21% P 2O 5 § 67
Slide 11: Wonarah Project: Next Steps
Wonarah Project: Next Steps For personal use only Scoping study update Implement strategic Commence feasibility to focus on a Thermal review options re Discussions with Near term Phosphoric Acid Plant phosphate markets potential strategic studies (H2, 2022) to develop a pathway to activities for LFP
Slide 12: Corporate Overview
Corporate Overview For personal use only Board of Directors Shareprice Brett Clark Executive Chairman Engineer and Investment Banker with +30 years of Board and Senior Management/ Executive experience. Extensive exposure to financial/capital markets, project development and operations having previou
Slide 13: Wonarah Project: Conclusion
Wonarah Project: Conclusion For personal use only • Worldwide demand for phosphate is growing • Lithium Iron Phosphate Batteries • Rock phosphate, DAP/MAP • Australia’s Tier 1 premium grade phosphate project • World class infrastructure adjacent to project • 100% owned by Avenira • Scoping study for
Slide 14: Avenira Limited
For personal use only Avenira Limited ABN 48 116 296 541 www.avenira.com U6, 100 Mill Point Rd South Perth, Western Australia 6151 AUSTRALIA PO Box 1704 West Perth WA 6872 AUSTRALIA +61 8 9264 7000 | frontdesk@avenira.com 14