Australian Vanadium Limited · ASX:AVL

Australian Vanadium — WA Major Projects Conference 2020

31 slides from Australian Vanadium's conference presentation, March 2020

  1. Slide 1: Australian Vanadium Limited – WA Major Projects Conference

    Australian Vanadium Limited WA Major Projects Conference March 2020 | ASX: AVL

  2. Slide 2: Disclaimer

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Disclaimer The views expressed in this presentation contain information derived from publicly available sources that have not been independently verified. No representation or warranty is

  3. Slide 3: Corporate Summary

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward 3

  4. Slide 4: Corporate Overview

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Corporate Overview Australian Vanadium Limited The Australian Vanadium Project • Australian Vanadium Limited (ASX: AVL) is • High-grade V-Ti-Fe deposit. an emerging vanadium producer. • Lo

  5. Slide 5: Corporate Snapshot

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Corporate Snapshot Key Statistics (28/02/20) Ordinary Shares 2.55b on Issue Share Price A$0.011 Average Daily 4,265,282 Traded Volume Market Cap A$28m (Undiluted) Cash ~A$4.7 Shareholders

  6. Slide 6: Vanadium Market Overview

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Vanadium Market Overview Vanadium Markets Growth in Global Consumption • Steel: primary market, accounts for 90% of • Annual global consumption predicted to grow annual global consumption.

  7. Slide 7: Vanadium Market Price

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Vanadium Market Price Metal Bulletin V2O5 Monthly Midpoint Average Price Inflated to November 2017 USD Long-Term Price Long-term average price for commodity grade V2O5 is $8.86/lb (inflate

  8. Slide 8: Social Responsibility

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Social Responsibility The Meekatharra Community AVL sponsors the Stephen Michael Foundation. • Supporting children, young people and the wider community in Meekatharra through funding, spo

  9. Slide 9: Carbon Footprint

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Carbon Footprint Emissions Contributors Regulatory Context Largest emission contributors expected to be: Legislation requires monitoring and reporting of • Direct fuel use in roasting kiln

  10. Slide 10: Project Overview

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Project Overview Government Support • Awarded Major Project Status Sept 2019 in recognition of national strategic significance Focus on Innovation • CRC-P Grant for vanadium research • Inn

  11. Slide 11: Project Mechanics

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Project Mechanics 12

  12. Slide 12: Model of Proposed Pit

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Model of Proposed Pit 13

  13. Slide 13: Model of Proposed Beneficiation Plant

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Model of Proposed Beneficiation Plant 14

  14. Slide 14: Model of Vanadium Processing Plant

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Model of Vanadium Processing Plant 15

  15. Slide 15: Broader State Economic Impact Analysis

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Broader State Economic Impact Analysis Employment Opportunities Geraldton • During construction each of the two sites will • With the processing plant’s location near to use approx. 250 em

  16. Slide 16: Personnel Requirements

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Personnel Requirements Operational Workforce Function Employees Operational workforce comprises a combination Site management, commercial 30 of professional technical, trade, industry and

  17. Slide 17: Bushveld-type vanadiferous titanomagnetite deposit

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Bushveld-type vanadiferous titanomagnetite (VTM) deposit, drilled over 11km of AVL controlled strike. AVL holds significant ground position for project development. Consistent geology over

  18. Slide 18: Massive magnetite averaging 15-20m in true thickness

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Massive magnetite averaging 15-20m in true thickness. 19

  19. Slide 19: Announcement Highlights

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Announcement Highlights 2020 Announcement Highlights 4 Mar Total Resource Updated to 208 Million Tonnes 10 Feb AVL Awarded $1.25m CRC-P Grant for Vanadium R&D 4 Feb Shallow High-Grade Inte

  20. Slide 20: Significant Resource Extension

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Significant Resource Extension Mineral Resource Update AVL announced an updated Mineral Resource following a series of drill programmes. • Total Resource now 208 million tonnes. Measured a

  21. Slide 21: Federal Government Support

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Federal Government Support Project Awarded Major Project Status September 6, 2019 The Australian Vanadium Project was awarded Major Project Status by the Federal Government in recognition

  22. Slide 22: Innovative Approach

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Innovative Approach High-Purity Product High-purity (99.4%) vanadium pentoxide (V2O5) produced from pre-pilot testwork. Roast-Leach Process Innovation • Provides greater value per unit of

  23. Slide 23: Innovative Approach

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Innovative Approach Metso Pilot Roast Work Metso was chosen to conduct pilot roast work due to its world-renowned expertise in Grate Kiln (GK) processing solutions. • Tests show substantia

  24. Slide 24: Infrastructure Requirements

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Infrastructure Requirements Infrastructure Requirements • Gas pipeline infrastructure • Updated water infrastructure for processing plant section • Innovative water solutions onsite (pumpi

  25. Slide 25: Planned Infrastructure

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Planned Infrastructure 26

  26. Slide 26: Challenges and Permitting

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Challenges and Permitting Opportunities and Challenges • Environmental approval (working within EPA guidelines) – water is a specific challenge; Permitting: Finalised priority species. ✓ W

  27. Slide 27: Project Summary

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Project Summary Completed ✓ Exploration success (large high quality VTM resource) ✓ Resource and Reserves for initial 17 year mine, significant potential for extension ✓ Completed PFS, DFS

  28. Slide 28: Key Objectives for 2020

    Australian Vanadium Limited | ASX: AVL Corporate Summary About The Project Recent Developments The Path Forward Key Objectives for 2020 Offtake Agreements DFS Engineering Offtake agreements for final vanadium Completion of DFS-level and iron ore products engineering and costing Critical Path: Enviro

  29. Slide 29: Contact Us

    Contact Us P +61 (08) 9321 5594 E info@australianvanadium.com.au www.australianvanadium.com.au Level 1, 85 Havelock Street West Perth, Western Australia 6005 Australian Vanadium Limited | ASX: AVL

  30. Slide 30: www.australianvanadium.com.au

    www.australianvanadium.com.au

  31. Slide 31: Updated Resource Table

    Australian Vanadium Limited | ASX: AVL Updated Resource Table Material JORC Resource Class Million Tonnes V2O5 % Fe % TiO2 % SiO2 % Al2O3 % LOI % High Grade Measured 10.1 1.14 43.9 13.0 9.2 7.5 3.7 Indicated 25.1 1.10 45.4 12.5 8.5 6.5 2.9 Inferred 52.7 1.04 44.6 11.9 9.4 6.9 3.3 Subtotal – High Gra

Australian Vanadium — WA Major Projects Conference 2020 on 6ix