Slide 1: The Siviour Graphite Project
The Siviour Graphite Project 100% Australian-made For personal use only battery anode material Perth, Western Australia 19-20 May 2021 David Christensen, Managing Director
Slide 2: Section 1: Executive Summary
Section 1: For personal use only Executive Summary
Slide 3: Renascor Resources: Corporate Overview
Renascor Resources: Corporate Overview For personal use only Capital Structure Share Chart – RNU:ASX Shares on issue (17 May 2021) 1,879M 0.180 300 Listed Options (17 May 2021) 163M 0.160 Performance rights (17 May 2021) 6M 250 Share price (17 May 2021) $0.07/sh 0.140 Volume (Million Shares) Market
Slide 4: Renascor's Battery Anode Material Project in the Graphite Supply Chain
Renascor’s Battery Anode Material Project in the Graphite Supply Chain Renascor is developing a vertically integrated operation consisting of a Mine and Concentrator plus a downstream For personal use only manufacturing operation to produce PSG via eco-friendly chemical purification route for sale t
Slide 5: Siviour: Among the World's Lowest Cost Sources of Battery Anode Material
Siviour: Among the World’s Lowest Cost Sources of Battery Anode Material ▪ Renascor is developing a vertically integrated Battery Anode Material Manufacturing For personal use only Operation in South Australia1 including: ▪ a A$118m Siviour Graphite Mine and Concentrator located on the Eyre Peninsul
Slide 6: Section 2: Graphite Market
Section 2: For personal use only Graphite Market
Slide 7: Global EV Growth is Creating a Paradigm-Shifting Event for Battery Minerals
Global EV Growth is Creating a Paradigm-Shifting Event for Battery Minerals Start of a global mega trend that will drive demand for minerals needed for lithium-ion batteries. For personal use only EV sales as share of total cars We are here Source: Benchmark Mineral Intelligence Renascor Resources L
Slide 8: Graphite is an Essential Part of the Transition to Lithium-Ion Batteries
Graphite is an Essential Part of the Transition to Lithium-Ion Batteries Increasing amounts of natural graphite will be needed to meet projected lithium-ion battery growth. For personal use only We are here Source: Benchmark Mineral Intelligence Renascor Resources Ltd | ASX: RNU renascor.com.au 8
Slide 9: Graphite is an Essential Part of the Transition to Lithium-Ion Batteries (cont.)
Graphite is an Essential Part of the Transition to Lithium-Ion Batteries (cont.) Battery demand is growing at 19% annually (versus 2% for other uses). For personal use only 2028 Battery demand Other demand 2023 758,000 2018 2,049,000 139,000 694,000 666,000 554,000 In 2018, use of Graphite By 2023,
Slide 10: EV Momentum is Driving Unprecedented Demand for Purified Spherical Graphite
EV Momentum is Driving Unprecedented Demand for Purified Spherical Graphite PSG is used exclusively in lithium-ion battery applications and therefore provides more direct exposure to For personal use only growth in the EV sector. Purified Spherical Graphite Demand CAGR of +29% to 2030 PSG demand has
Slide 11: Section 3: The Siviour Battery Anode Material Project
Section 3: For personal use only The Siviour Battery Anode Material Project
Slide 12: Mine to Market Supply Chain Security
Mine to Market Supply Chain Security South Port Augusta Australia . Mine to Market supply chain located from South Australia For personal use only lowers lowers logistics costs and ensures security of supply. Whyalla . ▪ Graphite is a ‘Critical Mineral’ as defined by Australian Trade . Port Pire and
Slide 13: The Siviour Graphite Deposit is World-Class
The Siviour Graphite Deposit is World-Class Siviour is unique - in both its near-surface, flat-lying For personal use only orientation and its scale as one of the world’s largest Global Graphite Proven Reserve1 graphite Resources. ▪ The deposit is flat, shallow and large, resulting in low- cost mini
Slide 14: Siviour Graphite Concentrate: Among the World's Lowest Cost Production
Siviour Graphite Concentrate: Among the World’s Lowest Cost Production For personal use only Graphite Concentrate DFS confirms lowest quartile OPEX, underpinning globally competitive PSG production. Source: Benchmark Mineral Intelligence. Renascor Resources Ltd | ASX: RNU renascor.com.au 14
Slide 15: Strong Comparative Advantage in PSG Production
Strong Comparative Advantage in PSG Production Vertical Integration underpins low-cost PSG production. For personal use only ▪ Graphite Concentrate feedstock a significant cost input to the PSG manufacturing process. ▪ Renascor’s PSG operation benefits from obtaining Siviour Graphite Concentrate fee
Slide 16: Battery Anode Material Study Results
Battery Anode Material Study Results1 Low graphite concentrate feedstock costs drives Renascor’s low For personal use only PSG production costs, high margins and strong cash generation. Item Value Average annual LOM production of Graphite Concentrate 105,000t Average annual LOM production of PSG 28,
Slide 17: Strong Environment, Social and Governance (ESG) credentials
Strong Environment, Social and Governance (ESG) credentials ▪ South Australia is a Tier-1 jurisdiction with low sovereign risk and a For personal use only robust and transparent regulatory framework. ▪ South Australia’s Minister for Energy and Mining granted a Mineral Lease for Siviour April 2019,1
Slide 18: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers For personal use only China is the leader in existing and future PSG demand. ▪ The production of lithium-ion battery anodes is largely concentrated in China, which accounts for approximately 85% (600,000tpa) of current lithium
Slide 19: Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.)
Offtake Strategy: Aligned with Global Leading Battery Anode Manufacturers (cont.) For personal use only Potential commitments for 100% of Stage 1 PSG capacity of 28ktpa Minguang: First stage product qualification achieved with Chinese anode company Minguang as part of a non-binding PSG Offtake MOU c
Slide 20: Australian Government Support
Australian Government Support ▪ Identified by Australian Government as a For personal use only “Selected Australian critical minerals project” ▪ Mineral Lease grant by South Australia’s Minister for Energy and Mining in Siviour April 2019.1 ▪ Reduced royalty for first five years of production with g
Slide 21: Project Development Indicative Timeline
Project Development Indicative Timeline The Company’s indicative timeline targets: For personal use only ▪ Q1 2022 – Final Investment Decision. ▪ Q2 2022 – Commencement of Construction. ▪ Q3 2023 – Commencement of Production. Q1’21 Q2’21 Q3’21 Q4’21 Q1’22 Q2’22 Q3’22 Q4’22 Q1’23 Q2’23 Q3’23 Marketin
Slide 22: Renascor Resources: Multiple Near-Term Value Drivers
Renascor Resources: Multiple Near-Term Value Drivers ▪ Siviour Battery Anode Material Project: For personal use only ▪ Advancing to binding offtakes with three world-leading battery anode and trading companies. ▪ Increasing demand has led Renascor to bring forward feasibility work on potential Stage
Slide 23: Renascor Resources Limited
Renascor Resources Limited 36 North Terrace For personal use only Kent Town, South Australia 5067 Phone: + 61 8 8363 6989 Email: info@renascor.com.au Website: www.renascor.com.au ASX Code: RNU Proud members of: Renascor Resources Ltd | ASX: RNU renascor.com.au 23
Slide 24: Appendix
For personal use only Appendix
Slide 25: Siviour Mineral Resources and Ore Reserves
Siviour Mineral Resources and Ore Reserves For personal use only Mineral Resource Estimate (April 2019)1 Category Tonnes (Mt) Grade (% TGC) Graphite (Mt) Measured 15.8 8.8% 1.4 Indicated 39.5 7.2% 2.8 Inferred 32.1 7.2% 2.6 Total 87.4 7.5% 6.6 Ore Reserve Estimate( July 2020)2 Category Tonnes (Mt) G
Slide 26: Forward Looking Statements
Forward Looking Statements This Presentation may include statements that could be deemed "forward-looking" statements. Although Renascor Resources Limited (the "Company") believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are n