Neometals Ltd · ASX:NMT
Neometals — Shareholder Meeting (November 2024)
32 slides from Neometals's shareholder meeting presentation, Nov 22, 2024
Slide 1: AGM Presentation
AGM Presentation For personal use only Annual General Meeting - 22 November 2024 Authorised for release by Christopher Reed, Managing Director of Neometals ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 neometals.com.au
Slide 2: Important Notices and Disclaimer (1/3)
Important Notices and Disclaimer (1/3) This Presentation is dated 22 November 2024 and has been prepared by Neometals Ltd (ABN 89 constitute, an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. 099 116 631) (Neometals or the Company). By attending an investor
Slide 3: Important Notices and Disclaimer (2/3)
Important Notices and Disclaimer (2/3) Future Performance and Forward-Looking Statements in this Presentation, whether as a result of a change in expectations or assumptions, new information, future events, results or circumstances. Indications of, and guidance or outlook on, This Presentation conta
Slide 4: Important Notices and Disclaimer (3/3)
Important Notices and Disclaimer (3/3) Neometals Ore Reserves – Competency Statement Competent Persons Statement – Exploration Target This Presentation contains estimates of Ore Reserves and Exploration Targets at Neometals’ The information in this Presentation that relates to Exploration Targets is
Slide 5: Purpose
Purpose For personal use only Enrich stakeholders by commercialising innovative processes to recover critical materials from high-value waste and non- conventional feedstocks. Chris Reed CEO ASX: NMT ASX: NMT || AIM: AIM: NMT NMT || OTCQX: OTCQX: NMTAY NMTAY || DEU: DEU: 9R9 9R9 5 neometals.com.au n
Slide 6: Focus
Focus Commercialising our portfolio of sustainable process technologies to recycle and recover critical materials from high-value waste streams For personal use only Enable Circular Ensure future • Mercedes-Benz is industrially validating Supply Chain Social licence & Regulatory our Li-ion battery r
Slide 7: Neometals' Three Business Units Support the Energy Transition
Neometals’ Three Business Units Support the Energy Transition Corporate We are focused on EU and North America, the 2nd and 3rd largest battery (and waste) producing regions respectively & leveraged to two of the strongest commodity markets forecast to 2050 For personal use only Lithium Battery Lith
Slide 8: How We Do It
How We Do It Identify need, innovate solution, disciplined development and evaluation, partner with industry leaders TRL 1 TRL 2 TRL 3 TRL 4 TRL 5 TRL 6 TRL 7 TRL 8 TRL 9 Lithium-ion BatteryINDUSTRY Recycling PARTNERSHIP STAGE For personal use only Industrial Technical Concept or Tech Evaluation: Pr
Slide 9: Corporate Dashboard
Corporate Dashboard Corporate ASX/AIM: NMT OTCQX: NMTAY “The decline in battery materials prices over the last 2 years has been challenging, Shares on Issue (1) m 769.4 particularly with our strong lithium price correlation as referenced in the diagram below Share Price A$ 0.095 However, the strong
Slide 10: Conserving Our Capital – Right Sized Our Structure
Conserving Our Capital – Right Sized Our Structure Right-Sized Teams Business Case Austerity Streamlined resource use, maintain Strategic cost reduction initiatives Directors agree to decrease director lean, optimised team structure yield significant administration fees and KMP agree to forgo STIs a
Slide 11: Strong Team
Strong Team Corporate Experienced executives backed by a board of skilled specialists Non-Executive Board Independent Independent Independent Chairman Non-Executive Director Non-Executive Director For personal use only Steven Cole Doug Ritchie Les Guthrie 40+ years in legal Senior executive with 35+
Slide 12: Right Values
Right Values Corporate Our six core values underpin all the Company’s activities and are reflected in the acronym STRIDE. For personal use only ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 12 neometals.com.au neometals.com.au
Slide 13: 2024 Tactical Goals
2024 Tactical Goals Source: ASX Announcement titled “Investor Presentation” dated 14 March 2024 Corporate Commission Li Ni Complete installation and commence commissioning of MB Plant in Germany LiB Recycling Co Cu For personal use only Commercialise Complete ELi Pilot Li & V Recovery ELi V Secure P
Slide 14: Building world-class Lithium-ion Battery (LiB) Recycling Plants
For personal use only Building world-class Lithium-ion Battery (LiB) Recycling Plants ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 14 14 neometals.com.au
Slide 15: NMC cathode LiB's dominant in EU & NA for decades
NMC cathode LiB’s dominant in EU & NA for decades Primobius can supply recycling plants based on our patented highly-efficient, low-cost process For personal use only HUB* *ACN 630 has 5 granted national phase patents and 12 pending Source: NMT Management September 2024 ASX: NMT | AIM: NMT | OTCQX:
Slide 16: Our TAM is a High Growth, High Value Waste Stream
Our TAM is a High Growth, High Value Waste Stream • Targeting EU (mandatory recycling) & NA markets driven by production scrap, warranty returns and EOL • A 10% market share (~300,000t) in 2040 equates to one 20,000 tpa plant supplied every year for the next 15 years • Recoverable Li/Ni/Co from one
Slide 17: Unique Business Model to Maximise Market Penetration
Unique Business Model to Maximise Market Penetration • Aim to supply plants to customers rather than compete against them • Up-front plant supply margins – capital-light, lower-risk • Royalty stream on end-product value recovered over plant life For personal use only ACN630 Technology Licence Royalt
Slide 18: Go-To-Market Strategy
Go-To-Market Strategy • Delivering flexible business models to meet customers wants (flexibility to match recycling offering to strategy) • Creating solutions to meet customers’ economic, regulatory and social needs 1 2 3 For personal use only Licence to Operate Low Cost Low Carbon Note: C1 cash cos
Slide 19: Mercedes-Benz
Mercedes-Benz • Long-term relationship with marquee OEM • Industrial validation, ‘Product Readiness’ then global offer of commercial scale plants For personal use only Partnership Cooperation agreement with Mercedes-Benz (2022) • Long-term (5yr) R&D collaboration • 2,500 tpa Integrated Recycling Pla
Slide 20: Commercial Pipeline
Commercial Pipeline • Industrial validation expected to crystallise pipeline of licences and agreements into plant supply orders Non-binding MOU’s • First commercial plant (20,000 tpa) licence issued to Stelco in North America For personal use only EU Thailand India in North America • Exclusively li
Slide 21: Indicative Commercialisation Plan
Indicative Commercialisation Plan • Product readiness defined as Primobius offering plant supply packages to third-parties • Primobius must have back-to-back contract with SMS for fabrication, installation and commissioning • Successful commissioning of MB Spoke and Hub is condition precedent for Pr
Slide 22: Lithium Chemicals
For personal use only Lithium Chemicals ELi Processing Technology Reed Advanced Materials (“RAM”) 70% Neometals / 30% Mineral Resources Ltd ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 22 neometals.com.au
Slide 23: ELi Process - Lithium Hydroxide Direct from Brines
ELi Process - Lithium Hydroxide Direct from Brines Patented, low-cost solution for converting lithium chloride Estimated Opex Comparison (Conversion to LHM) from brines and minerals directly to lithium hydroxide • Highly efficient process targets production of battery-quality lithium hydroxide (“LHM
Slide 24: ELi Process – Positive Pilot Plant Results
ELi Process – Positive Pilot Plant Results Piloted on real South American brine eluate, validated bench testing on real and synthetic brine solutions Table 1 – Brine Sample Analysis (pre- and post purification) Li Ca Mg B Sr Si Element mg/L mg/L mg/L mg/L mg/L mg/L For personal use only Salar Brine
Slide 25: Vanadium Recovery
For personal use only Vanadium Recovery Vanadium Recovery Process Technology 100% Neometals Vanadium Recovery Project 1 - Finland 87% Neometals 11% Critical Metals Ltd 1.1% EIT Raw Materials GmbH ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 25 neometals.com.au
Slide 26: VRP1 – First Circular Vanadium Development in EU
VRP1 – First Circular Vanadium Development in EU Recent EIT Raw Materials equity and option for ≤ 20% at €50M pre-money valuation to fund new project financing process – approved for EIB debt finance Location: Tahkoluoto Port, City of Pori, Finland For personal use only Capital cost: ~314M USD 1 SSA
Slide 27: Strong Management and Advisors to deliver
Strong Management and Advisors to deliver Advisors Johanna Lamminen Darren Townsend CEO COO Equity advisors Legal Advisor Debt Advisor For personal use only Indicative Project Cost (EURO M) ▪ Highly experienced business leader and ▪ Mining Engineer with 25+ years. board professional development, min
Slide 28: Barrambie Titanium and Gold
For personal use only Barrambie Titanium and Gold Barrambie Titanium and Gold Project 100% Neometals ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 28 neometals.com.au
Slide 29: Barrambie Titanium Deposit
Barrambie Titanium Deposit Tenement maintenance and seeking to divest VTM resources • One of the highest-grade titanium deposits globally • Granted mining lease and approval for 1.2Mtpa mining operation • Ministerial approval to construct up to 3.2Mtpa processing plant - timeframe extension applicat
Slide 30: Barrambie Gold Project
Barrambie Gold Project Significant gold exploration potential highlighted in Gold Exploration Target • Barrambie Greenstone Belt (“BGB”) historically produced 27,000 gold ounces at 27.8g/t; • Camp-scale gold potential with significant structural corridors identified; For personal use only • Recent N
Slide 31: Summary
Summary 01 02 Clear Strategy Unique solution & business model For personal use only Laser focused on successful delivery of Patented processes deliver customers 2,500 tpa lithium-ion battery (‘LiB’) sustainable competitive advantages. recycling plant for Mercedes-Benz. Plant supply and/or technology
Slide 32: Neometals Ltd
For personal use only Neometals Ltd neometals.com.au ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 ASX: NMT | AIM: NMT | OTCQX: NMTAY | DEU: 9R9 32 neometals.com.au