Alpha Hpa Limited · ASX:A4N
Alpha Hpa — Investor Presentation (March 2021)
26 slides from Alpha Hpa's investor presentation, Mar 11, 2021
Slide 1: Investor Presentation
Alpha HPA ABN 79 106 879 690, fr fi INVESTOR PRESENTATION HIGH PURITY ALUMINIUM PRODUCTS DRIVING
Slide 2: Cautionary Statement
Cautionary Statement The Definitive Feasibility Study (DFS) referred to in this presentation has been undertaken to assess the technical and financial viability of the HPA First project. The DFS is based on the material assumptions about the availability of funding and the pricing received for HPA.
Slide 3: Alpha HPA: a brief introduction
Alpha HPA: a brief introduction a = We are a technology/industrial chemical company. = We offer exposure to the rapidly growing Li-ion battery and LED lighting markets. = We do this through a suite of ultra-high purity aluminium-based products: critical raw materials for de-carbonisation = We can of
Slide 4: Recent Project Milestones
Recent Project Milestones = The HPA First Project has been rapidly advanced over the last 18 months Alpha HPA July 19 — Mar ’20: HPA First Pilot Plant - 1,700+hrs operation, > 200kg HPA Production Feb ’20: Chemical Counterparty Agreement with Orica — Gladstone Project Location Mar ’20 Definitive Fea
Slide 5: Process Flow Sheet: Low Cost & Flexible
Process Flow Sheet: Low Cost & Flexible = Low operational risks: Front-end atmospheric temperatures and pressures Alpha HPA = Simplicity: Ability to recycle reagents as by-products for sale = Low production costs: DFS OpEx estimates <US$6,000/tonne HPA = Purity: Pilot Plant purity reaching 99.9985%
Slide 6: Sector: Technology
SECTOR TECHNOLOGY al LITHIUM ION BATTERY CELLS (Li-B’s) needs our high purity aluminium products APPLICATION OF HIGH PURITY ALUMINIUM PRODUCTS ¢ Separator Coatings ¢ Cathode synthesis ¢ Electrode coatings * Aloha HPA HPA Powder Boehmite Powder Pre-Cursor #1 Pre-Cursor #2 SOLID STATE LIGHTING SIGNS &
Slide 7: HPA First Project: Battery Applications
HPA First Project: APPLICATION Alumina particle coating of cathode active materials Co-precipitation of NCA and NCMA cathode active materials a —_——_ HPA FIRST PRODUCTS High-purity Al-Precursor #1 High-purity Al-Precursor #2 HPA FIRST APPLICATION PRODUCT Alumina or boehmite coating of ceramic coated
Slide 8: E-mobility: EV penetration accelerating
E-mobility: EV penetration accelerating Alpha HPA = EV penetration rate forecasts increasingly bullish — driven by ‘green tinged’ China and EU stimulus = Aluminium bearing cathode chemistries (NCA + NCMA) set to dominate at >80% by 2030 (UBS) = Alpha HPA now producing 5N+ purity pre-cursors for “A”
Slide 9: E-Mobility: a major player in de-carbonisation
E-Mobility— a major player in de-carbonisation Alpha HPA Alpha HPA is targeting the Lithium-ion battery separator market feeding the e-mobility revolution Pure battery EV’s (BEV’s) are estimated to reduce CO, emissions by >50% per mile travelled GASOLINE-ONLY Conventional cars run on gasoline and te
Slide 10: HPA First Project: LED Applications
HPA First Project: APPLICATION Synthesis of Aluminate (YAG) Phosphors for white LEDS HPA FIRST PRODUCT HPA + High-Purity Al-Precursor #1 Ga-N circuit & Active Layers Phosphor cap LED CHIP ARCHITECTURE SAPPHIRE SUBSTRATE HPA FIRST APPLICATION PRODUCT Sapphire Glass High-purity wafer substrate alumina
Slide 11: The LED Lighting Market: A major player in de-carbonisation
The LED Lighting Market: A major player in de-carbonisation Alpha HPA Alpha HPA is targeting the sapphire glass >> LED lighting market LED lights are 50-70% more efficient than incandescent globes Lighting is responsible for 6% of global CO, emissions*. PPT LLL I MNT NA ULC Ut A complete switch to L
Slide 12: ALOX Technology
ALOX Technology: = High quality, single crystal sapphire boule grown by premium sapphire glass manufacturer ALOX Technology Aloha HPA = Alpha HPA now in discussions with ALOX on commercial supply Alpha HPA’s sintered pellets Crucible stacking Single crystal boule
Slide 13: Micro LED's: Emerging technology trend in digital displays
Micro LED’s: Emerging technology trend in digital displays = Multiple advantages of micro-LEDs (u-LED’s) forecasting aggressive LED adoption Alpha HPA = u-LED trend favourable for Alpha HPA’s precursor #1 and ultra-fine HPA Global microLED shipment forecast 2019 = 2020 «2021 =2022,- 2023S 2024 = 202
Slide 14: Macro Environment
Macro Environment: Global supply chains for de-carbonising technologies are being rapidly diversified Multiple factors at play Favourable environment for new entrants ™ US-China ™ Taiwan-China ™ Japan-China ' Trade Tensi ions Alpha HPA ™ Lithium-ion batteries ™ Micro-LED’s ™ Renewable Energy ™ 2020
Slide 15: Global Market Outreach: Status
15 Global Market Outreach: Status Global outreach campaign underway to identify key end-users: = 34 individual test orders (all products) delivered = 2 further test orders being serviced at the Brisbane Plant = 2 test programs underway at the Brisbane Plant at end-user request «Initial sales of 5N p
Slide 16: HPA First Project: Brisbane Demonstration Plant
HPA First Project: Brisbane Demonstration Plant The Brisbane Plant has now recorded over 1,700 hrs operation producing >200kg HPA plus precursors Production process has been validated, purity HPA reaching to 99.9985% purity Plant upgraded to ‘demonstration’ scale in July-Sept to meet end-user test d
Slide 17: HPA First Project
HPA First Project:
Slide 18: HPA Purity
HPA Purity "The Brisbane Plant has achieved continuous HPA purity improvement over 1,700hrs- now reaching 99.9985% purity Alphe HPA = Purity trend expected to improve on larger volumes and commercial plant Alpha HPA DFS HPA Purity ne 900% (EN) Puy = = = = = = Q = a So i 29.09% 4M Puy af Pan s--p Pur
Slide 19: Project Location
Project Location The Orica MOU has been negotiated on the basis of reagents supply and by-product offtake delivered from/to Orica’s facility in Yarwun, QLD, within the Gladstone State Development Area (‘GSDA). Alpha HPA On this basis, Alpha HPA has executed a land contract with Economic Development
Slide 20: Project Layout
20 Project Layout Alpha HPA 3D Model - HPA First Commercial Plant
Slide 21: Definitive Feasibility Study - March 2020
Definitive Feasibility Study — March 2020 Comprehensive technical and financial validation of the Company’s HPA First Project Production rate of 10,000tpa HPA Annual free cashflow increased to A$280M** Strong Project cashflows under all modelled price scenarios (US$15/20/25kg HPA) Unit cash costs of
Slide 22: Project Schedule
Project Schedule = Alpha HPA is progressing offtakes, permitting and financing workstreams with a target of having Project construction alpha HPA commencing Mid 2021 = Targeting first production by late CY2023 2020 2021 2022 2023 LESS Months MarQ_JunQ_Sepd__Decd_ _MarQ_Jund__SepQ_DecQ_MarQ_JunQ_SepQ
Slide 23: Board & Management
Board & Management " Norman Seckold Chairman 40+ years in the full time management of natural resource companies. Past Chairman and Director of listed companies including Bolnisi Gold NL, Timberline Minerals Inc., Perseverance Corporation Limited, Valdora Minerals NL, Palmarejo Silver and Gold Corp.
Slide 24: Corporate Snapshot
Corporate Snapshot Alpha HPA TRADING INFORMATION SHARE PRICE PERFORMANCE — 12 MONTHS ASX CODE A4N | Share Price (05-03-2021) ~49.5¢ oso 52-week trading range 8.6c — 55c _ oa 2 Issued Shares 692.4M gS é 0.30 CAPITAL STRUCTURE 020 Issued Shares 692.4M oa0 Unlisted options (@20c) 5.0M (expire 30 June 2
Slide 25: Contacts
Contacts Rimas Kairaitis y Algha HPA Managing Director [email protected] WWW.alphahpa.com.au +61 408 414 474 Camerotr Peacock InvestOmRelations and Business Development [email protected] +61,439-908.732
Slide 26: Competent Person Statement (Process Development Testwork)
26 Competent Person Statement (Process Development Testwork) Information in this announcement that relates to metallurgical results is based on information compiled by or under the supervision of Dr Stuart Leary, an Independent Consultant trading as Delta Consulting Group. Dr Leary is a Member of Th