Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Investor Presentation (June 2023)
24 slides from Centaurus Metals's investor presentation, Jun 28, 2023
Slide 1: Developing the world's next significant green nickel project
Developing the world's next significant green nickel project Roger Fitzhardinge, GM Exploration & Growth MACQUARIE CRITICAL MINERALS FORUM – 28 JUNE 2023
Slide 2: Disclaimer
Disclaimer ● This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into
Slide 3: Centaurus Metals World-class Resource
Centaurus Metals World-class Resource Investment overview with significant growth potential Developing a globally significant nickel sulphide 100% of the offtake asset with an extremely low rights for Jaguar’s nickel carbon footprint products secured from Vale Favourable Targeting production of infr
Slide 4: Corporate Summary
Corporate Summary 428m A$385m Centaurus is developing one of the world’s premier new near- surface nickel sulphide projects, with class-leading GHG emission credentials, to take advantage of surging demand for Class-1 nickel from the global EV industry. Shares on issue Market cap at A$0.90 71% A$23m
Slide 5: Jaguar Offtake Rights Transaction
Jaguar Offtake Rights Transaction 100% of the offtake rights for Jaguar’s nickel products secured from Vale Acquisition of 100% of the offtake rights for all Jaguar nickel products from Vale in exchange for an increase in Vale’s Net Operating Royalty (Royalty) over Jaguar Royalty to be increased t
Slide 6: Significant Strategic Capital Flowing to Nickel and Battery Metals
Significant Strategic Capital Flowing to Nickel and Battery Metals End users investing capital to secure supply of critical raw materials ● Significant recent activity demonstrates the availability of strategic capital from end-users looking to secure supply of low-GHG emissions Stellantis and VW Po
Slide 7: Brazil
Brazil Responsible Mining in an emission-friendly jurisdiction STRATEGIC MINERALS POLICY ENVIRONMENTAL ROAD MAP TO MINING Recently-created to assist in Approval Process clearly defined Well-Established Mining Regulation approval process for strategic with Terms of Reference issued for and Tenement S
Slide 8: GHG Emissions – Forecast to be a Class-leader
GHG Emissions – Forecast to be a Class-leader Powered by renewables & high-grade nickel sulphides GHG Intensity Curve – Nickel (E1 GHG Emission Metrics®) Jaguar Nickel Sulphate Project 4.69t of CO2/t of NiEq Net Sequester of Carbon during exploration phase of work at Jaguar Life-of-mine CO2 footprin
Slide 9: High-Quality Board and Management Team
High-Quality Board and Management Team Extensive Brazil & Nickel Sulphide Experience Board Didier Murcia, AM Darren Gordon Bruno Scarpelli Dr Natalia Streltsova Mark Hancock Chris Banasik Chair Managing Director Executive Director Non-Executive Director Non-Executive Director Non-Executive Director
Slide 10: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province A Tier-1 global mining province The Carajás contains one of the world’s largest known concentrations of large-tonnage world-class mineral deposits 10
Slide 11: Brazil's Carajás Mineral Province
Brazil’s Carajás Mineral Province Outstanding infrastructure and logistics ● High-Voltage (230kV) grid power within 40km of Project ● Brazil’s national power grid runs on +80% renewables ● Low cost, clean power ● Project located 40km north of Tucumã and Ourilândia do Norte (pop +70,000) – mining com
Slide 12: Jaguar Project - Approvals & Stakeholder Engagement
Jaguar Project - Approvals & Stakeholder Engagement Environmental Approvals On-Track ● Environmental Impact Assessment (EIA/RIMA) lodged ● Jaguar Project is a Strategic Mineral Project in Brazil ● Mining Lease Application (PAE) lodged Other Environmental Programs ● Plant Nursery constructed on site
Slide 13: Jaguar Project – World-Class Resource
Jaguar Project – World-Class Resource Large-Tonnage, High-Quality JORC MRE: 109.2Mt @ 0.87% Ni for 948,900 tonnes of contained nickel metal ● Measured & Indicated 86.6Mt @ 0.85% Ni for 737,800t Ni metal - 75% of Global MRE ● +500kt of M&I Ni metal within 200m of surface Classification* Mt Ni % Ni Me
Slide 14: Jaguar Project – World-Class Resource
Jaguar Project – World-Class Resource A unique deposit with sustainable growth One of the world's largest high-grade nickel sulphide orebodies ● 165,000t of Ni metal added to the MRE per year over the last three years ● Targeting + 1 million tonnes of nickel metal in next MRE Refer to the table on s
Slide 15: Jaguar Project – World-Class Resource
Jaguar Project – World-Class Resource High-grade nickel sulphides from top to bottom 14.9m @ 2.94 % Ni from 57m 450m 600m Untested Jaguar South Onça Preta 15
Slide 16: Jaguar Project – DFS
Jaguar Project – DFS Definitive Feasibility Study Ongoing Multiple DFS Work Fronts Progressing Well Mining ● Jaguar pits coalescing into one – strike extent of +3km, up to 1km width and depths that extend to over 300m ● Mining contractor proposals received with costings used for pit optimisation and
Slide 17: Jaguar Project – DFS
Jaguar Project – DFS Process Flowsheet Design Process Design includes nickel concentration by flotation followed by a refinery circuit comprising pressure oxidation and various stages of solvent extraction Main Product – Nickel Sulphate Various By-Products • Copper Cathode • Zinc Hydroxide • Cobalt
Slide 18: Jaguar Project – DFS
Jaguar Project – DFS Pilot Plant Delivers Positive Results Battery Grade Nickel Sulphate Produced from Jaguar Refinery Pilot Program • Pilot demonstrates Jaguar’s ability to produce a high-quality battery-grade nickel sulphate product – Minimum “4 Nines” • Key results from the pilot work: All impu
Slide 19: Jaguar Project – Resource Growth and Upside
Jaguar Project – Resource Growth and Upside Deep plumbing systems in the Carajás 20.4m @ 3.94 % Ni from 612m Jaguar Deeps Source: Wheaton Precious Metals: Salobo Cu-Au Mine, Technical Report, December 2019 Planned Drilling 19
Slide 20: Jaguar Project Targeted Development Timeline
Jaguar Project Targeted Development Timeline Q1 2027 - First Production 2025/2026 – Construction Phase Q3/2024 – Final Investment Decision - FID Q4/2023 – Definitive Feasibility Study Q2/2023 – Process Design of Refinery Circuit Q2/2023 – 100% Offtake Rights Secured Q1/2023 – Pilot Plant Test Work Q
Slide 21: Key Investment Takeaways
Centaurus Metals Key Investment Takeaways ● Nickel focus in Brazil ● Extremely low carbon footprint ● Favourable infrastructure-rich location ● Tier-1 JORC Resource, long-life project ● Battery grade nickel sulphate product ● 100% offtake rights secured ● Strong returns and cash flow generation ● Ou
Slide 22: Developing the world's next significant green nickel project
Developing the world's next significant green nickel project Contact Details Roger Fitzhardinge – GM Exploration & Growth +61 8 6424 8420 office@centaurus.com.au : Centaurus Metals : @CentaurusMetals
Slide 23: November 2022 JORC MRE & May 2021 Production Target
Centaurus November 2022 JORC MRE & May 2021 Production Target Grade Contained Metal Deposit Classification Mt Ni % Cu % Co ppm Zn % Ni Cu Co Zn Indicated 28.5 0.87 0.05 199 0.13 247,800 13,500 5,700 37,400 Jaguar South Inferred 7.3 1.08 0.06 258 0.09 79,100 4,800 1,900 6,500 Total 35.8 0.91 0.05 211
Slide 24: Data and references for comparison of pre-mined nickel sulphide resources
Centaurus Data and references for comparison of pre-mined resources of global nickel sulphide deposits and camps Pre-Mined Resource MI&I Ni Metal Camp / Deposit Country Deposit Type Resource Date Mt Ore % Ni Mt Norilsk (Talnakh Camp) Russian Federation Low-MgO NiS 31-Dec-19 2,433 1.02 24.7 Sudbury C