Corporate presentation - Eurobattery Minerals
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Corporate presentation
Important information The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions. DISCLAIMER This presentation is for informational purposes only and does not constitute an offer to sell, or solicitation to purchase, any securities. Such Offer can be made only through proper subscription documentation and only to investors meeting strict suitability requirements. Any failure to comply with these restrictions may constitute a violation of applicable securities laws. In providing this presentation Eurobattery Minerals AB (“BAT”) has not considered the financial position or needs of the recipient. Persons needing advice should consult their stockbroker, bank manager, solicitor, attorney, accountant or other independent financial and legal advisors. FORWARD LOOKING STATEMENTS Various statements in this presentation constitute statements relating to intentions, future acts and events. Such statements are generally classified as “forward looking statements” and involve known and unknown risks, uncertainties and other important factors that could cause those future acts, events and circumstances to differ materially from what is presented or implicitly portrayed herein. Prospective shareholders should not place undue reliance on these words such as “anticipates”, “expects”, “intends”, “plans”, “believes”, “seeks”, “estimates” and similar expressions that are intended to identify forward-looking statements. BAT cautions shareholders and prospective shareholders not to place undue reliance on those forward looking statements, which reflect the view of BAT only as of the date of this presentation. The forward-looking statements made in this presentation relate only to events as of the date on which the statements are made. CAUTIONARY NOTE REGARDING EXPLORATION TARGETS The potential quantity and grade of the Exploration Target is conceptual in nature; there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration work will result in the estimation of a Mineral Resource.
What we do
Electric Vehicles
Ethical and fully
Batteries traceable minerals
for the electric
revolution
Minerals
How we do it Our focus is to explore and develop several nickel-cobalt- copper projects in Europe to supply raw material critical to the expanding electric vehicle battery market. This makes us the foundation of the battery value chain.
Market insights
The Electric Revolution (EV) is happening right now • By 2040, 500 million passanger EVs on the road and plus 40 million commercial EVs • 57 percent of all passenger vehicle sales and +30 percent of the global passanger vehicle fleet will be electric in 2040 • The whole of the transportation sector will be electrified in the next decades, including cars, buses,trucks, ferries and airplanes (Source: Bloomberg New Energy Finance , Electric vehicle outlook 2019)
The Electric Revolution
• Annual lithium-ion battery demand for WORLD: MARKET LI-ION BATTERIES BY END USE (GWH)
EVs grow rapidly
• Battery cell manufacturing capacity will
pass 1TWh by 2025
(Source: Bloomberg NEF)
Source: Roskill
The Electric Revolution
• Raw material such as nickel, cobalt and
copper most expensive part of a battery
• Nickel and cobalt demand is growing
fast
• Demand for battery grade nickel
forecast to increase up to 10x in 10 years
Source: Vale
Ethical and sustainability issues • Majority of all battery minerals extracted outside Europe • Pollutions due to lack of control and old methods • Child labour and poor working conditions • Lithium mining in Congo compared to blood diamonds
EU and the electric revolution – two main drivers
1. Geopolitically important to focus on
raw material sourcing within EU
Despite major automotive industry only
2 percent of batteries needed in EU are
produced in the region
2. Sustainability focus driving local
production and sourcing of raw material
To achieve EU goal to be climate neutral
2050 – EU commission says Europe to be
the global leader in sustainable battery
production
(Source: According to EU commission strategic plan
on raw materials for battery applications)With this in mind – our Vision is very clear
Eurobattery Minerals Vision Help Europe to become self-sufficient in ethical and fully traceable battery minerals.
In EV batteries the following minerals are included • Nickel • Cobalt • Copper • Lithium • Manganese • Rare earth elements
Our primary focus: Ni-Co-Cu • Nickel • Cobalt • Copper
Projects
Projects in Spain
• Corcel Project
Nickel, copper and cobalt
• Bibi Project
Gold
Corcel
Bibi
PROJECT IN SPAINProjects in Sweden
• Ormbäcken, Västerbotten
Vanadium, Molybdenum, Rare Earth Elements
• Fetsjön, Västerbotten
Vanadium, Molybdenum, Rare Earth Elements Piettarasjärvi
Sörtjärn Pahtavaara
• Bruksberget, Västernorrland Fetsjön
Brännkammaren
Ormbäcken
Gold, silver, copper Bruksberget
• Sörtjärn, Västerbotten
Gold, zink, lead
• Brännkammen, Västerbotten
Gold, silver, zink, copper, lead
• Pahtavaara, Norrbotten
Gold, copper
• Piettarasjärvi, Norrbotten
CopperOur business model
Several projects ongoing
Development & Production
1-2 projects
Scoping & Feasibility
2-3 projects
• Corcel Ni-Co-Cu Project
Exploration & Drilling
4-6 projects
• Swedish REE projects
• Project appraisal in progressFocus Castriz (Spain)
• Located ~60km from La Coruna in the
Mining friendly region of Galicia, NW Spain
• Highly prospective land tenure (40km2);
project area hosts a large (5km2) Ni-Co-Cu
geochemical anomaly at surface at Castriz
target
• Eurobattery Minerals have a full mining
license
• New soil sampling presented in September
2019 confirms high amount of nickel and
cobalt
• Drilling campaign under way with final
results ready in Q4 2019Exploration target Castriz (Spain) Case High Base Low Pit depth 250m 200m 150m Pit width 250m 250m 250m Pit length 1,400m 1,400m 1,400m Pit wall angle 70° 70° 70° Density (g/cc) 2.7 2.7 2.7 Total tonnes 150.3Mt 134.0Mt 110.8Mt Strip ratio 0.5:1 0.5:1 0.5:1 Resource 100.2Mt 89.3Mt 73.9Mt Ni grade 0.5% 0.5% 0.5% Co grade 0.02% 0.02% 0.02% Cu grade 0.18% 0.18% 0.18% Ni tonnes 541,000 482,000 399,000 Co tonnes 30,000 27,000 22,000 Cu tonnes 180,000 161,000 133,000 Conceptual Bulk Tonnage Exploration Target (150-250m vertical depth): 74–100Mt @ 0.41–0.68% Ni, 0.02–0.04% Co & 0.14–0.18% Cu
Focus Sweden
• Several licences in Sweden covering a total
of 25.2 km2
• Conducted metallurgical and surface
evaluations to asses potential of the
different licences
• Collaboration with the University of Uppsala
and the University of Krakow on potential
for rare earth elements in the licenced areas
• Projects warrant further explorationExploration Work Program
The Company
Management and board
Roberto García Martínez, CEO and board member
Roberto has more than 25 years’ experience in the mining industry at the
international level. During his career, he has worked on both the theoretical
and practical sides of the exploration and mining industry. He has been
President and CEO of major mining groups in Africa (2006–2018). Roberto
has worked with company strategies, marketing, mining M&M and
exploration management. Roberto is a Doctor of Law and has a bachelor’s
degree in economics and industrial psychology.
Martin Boldt-Christmas, Chairman of the board Jan Olof Arnbom, Non-Executive Director
Martin has twenty years of work experience from the Master’s licentiate in geology from Uppsala
international financial market and has been based in the US, University. Among other things, Jan Olof was
Europe and Asia, the last twelve years in Hong Kong. Martin head of unit for the Geological Survey of
represents Mabury Ridge Limited and has previously worked Sweden for the period 2007–2017. Jan Olof
for UBS Warburg (2000-2003) and Credit Suisse (2003- has also worked as a geo consultant with
2013). Martin has a Degree in Economics and Political various assignments for several consulting
Science from the University of Gothenburg and one year of firms including Bjerkings ingenjörsbyrå, SGAB
postgraduate education in Economics. and IVL Svenska Miljöinstitutet.Corporate summary
Financial Information Major shareholders
Nordic Growth Market (NGM) Code BAT Ulex Recursos S.L. 1,145,768 11.8%
Number of outstanding shares 9.6m Marbury Ridge Limited 1,073,113 11.07%
Company registration May 2015 Andrew Randall 842,753 8.69%
Kimberly Wrixon 653,880 6.73%
Share Price and Market Capitalisation avaliable at NGM Market
Daniel Eddington 646,169 6.66%
* Top 10 hold 61%Investment highlights
Macro highlights Internal highlights
EUs strategic Growth of EV We have Promising Ethical and
focus on battery market licences results from traceable minerals
minerals Castriz project# eurobatteryminerals.com ! @eurobatterymin
$ info@eurobatteryminerals.com " @eurobatteryminerals
Sign up for newsletter on our webpage!You can also read
