Critical Link Between Lithium, Rare Earths & EV Growth
âą
2 gefĂ€llt mirâą137 views
Presented by Alkane Resources Ltd Managing Director, Nic Earner, on 3 May 2018 in Toronto.
Empfohlen
Empfohlen
Weitere Àhnliche Inhalte
Ăhnlich wie Critical Link Between Lithium, Rare Earths & EV Growth
Ăhnlich wie Critical Link Between Lithium, Rare Earths & EV Growth (20)
KĂŒrzlich hochgeladen
KĂŒrzlich hochgeladen (20)
Critical Link Between Lithium, Rare Earths & EV Growth
- 1. A Critical Link Investor Intel Conference 3 May 2018 Nic Earner, CEO of Alkane Resources Ltd
- 2. Electric Vehicles are Driving Minerals Demand Source: Tesla LITHIUM BATTERY © 2018 Alkane Resources Ltd
- 3. Electric Vehicles are Driving Rare Earths Demand LCD SCREENGLASS & MIRRORS COMPONENT SENSORS HEADLIGHT GLASS 25+ ELECTRIC MOTORS Source: Adamas Research © 2018 Alkane Resources Ltd DRIVE TRAIN
- 4. The Critical Link Between Lithium & Rare Earths Sources: UBS, Visual Capitalist © 2018 Alkane Resources Ltd
- 5. CIL Processing Plant Caloma open cut October 2015 Exponential Growth in EV Sales © 2018 Alkane Resources Ltd 0 5000 10000 15000 20000 25000 30000 0 2 4 6 8 10 12 14 16 18 20 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Pr/Ndoxidetonnes EVsalesMillions CAGR 50% Pr/Nd oxide 10 million EVs requires + 15,000 tpa rare earths (Pd/Nd)
- 6. Forecast Supply Deficit © 2018 Alkane Resources Ltd Source: IMCOA
- 7. Pricing rare earths: an obvious conclusion Price increases of 23% to 35% so far © 2018 Alkane Resources Ltd Source: Asian Metal
- 8. A lesson from China: the rare earth value chain Rare earths Mineral concentrates Rare earth oxides US$4-5b Permanent (NdFeB) Magnet market US$10.5b $83b in2012 $78b $5.6b $440b US$600b+ In 2016 Since 1970s, China has successfully implemented each component of the rare earth value chain to create downstream domestic jobs © 2018 Alkane Resources Ltd
- 9. âą Consolidate industry âą Shut down illegal production âą Fund production companies âą Eliminate export quotas and taxes âą Legislate for royalties âą Clean up environmental practices âą Integrate the entire value chain Rare earths: Chinaâs tactics 2017/18 © 2018 Alkane Resources Ltd
- 10. Rare earths market status © 2018 Alkane Resources Ltd ⹠Rare earth market value US$4-5b ⹠Estimated demand 2017: 160-170,000tpa ⹠Magnetic rare earths (Nd/Pr) dictate demand ⹠China is dominant ⹠supplies 85%, consumes 70% globally ⹠China is addressing illegal production ⹠Several non-Chinese projects are proposed + evaluation is in progress
- 11. CIL Processing Plant Caloma open cut October 2015 Rare earths market projection © 2017 Alkane Resources Ltd âą Rare earth supply lags lithium supply âą Unprepared for exponential demand for EVs 2020+ âą 50% pa EV growth - 25,000t Pr/Nd oxide by 2025 âą Chinaâs dominance will increase âą Rare earth production must grow worldwide - from Alkane, other projects + brownfields expansion (may still not be enough)
- 12. Not just a rare earths project The Dubbo Project has a diverse polymetallic product range HfZr REE NbMagnets 25% ï§ EVâs ï§ Wind power ï§ Robotics Non-Magnets 5% ï§ Catalysts ï§ Glass ï§ Phosphors ï§ Metal alloys ï§ Polishing ï§ Ceramics REE 30% Ceramics Chemicals Refractory Foundry Jet engines Superalloys Plasma cutting tips Nuclear control rods Catalyst precursor Jet engines Superalloys Bridges Rockets supplying a broad range of industries. © 2018 Alkane Resources Ltd
- 13. Steps to market © 2018 Alkane Resources Ltd Step Change Started
- 14. CIL Processing Plant Caloma open cut October 2015 Conclusion © 2017 Alkane Resources Ltd âą EV supply chain investment must include rare earths âą Rare earths production must increase worldwide âą New projects need to come online âą Alkaneâs Dubbo Project has completed all critical steps and is ready for funding Increasing rare earth prices + supply disruption = Incentive to invest
- 16. This presentation contains certain forward looking statements and forecasts, including possible or assumed reserves and resources, production levels and rates, costs, prices, future performance or potential growth of Alkane Resources Ltd, industry growth or other trend projections. Such statements are not a guarantee of future performance and involve unknown risks and uncertainties, as well as other factors which are beyond the control of Alkane Resources Ltd. Actual results and developments may differ materially from those expressed of implied by these forward looking statements depending on a variety of factors. Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. This document has been prepared in accordance with the requirements of Australian securities laws, which may differ from the requirements of United States and other country securities laws. Unless otherwise indicated, all ore reserve and mineral resource estimates included or incorporated by reference in this document have been, and will be, prepared in accordance with the JORC classification system of the Australasian Institute of Mining, and Metallurgy and Australian Institute of Geosciences. Competent Person Unless otherwise stated, the information in this presentation that relates to mineral exploration, mineral resources and ore reserves is based on information compiled by Mr D I Chalmers, FAusIMM, FAIG, (director of the Company) who has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Ian Chalmers consents to the inclusion in the presentation of the matters based on his information in the form and context in which it appears. Disclaimer © 2018 Alkane Resources Ltd
- 17. Dubbo Project â Mineral Resources Dubbo Project â Ore Reserves Dubbo Project Resources & Reserves Resource Category Tonnes (Mt) ZrO2 (%) HfO2 (%) Nb2O5 (%) Ta2O5 (%) Y2O3 (%) TREO* (%) Measured 42.81 1.89 0.04 0.45 0.03 0.14 0.74 Inferred 32.37 1.90 0.04 0.44 0.03 0.14 0.74 Total 75.18 1.89 0.04 0.44 0.03 0.14 0.74 *TREO% is the sum of all rare earth oxides excluding ZrO2, HfO2, Nb2O3, Ta2O5, Y2O3, Reserve Category Tonnes (Mt) ZrO2 (%) HfO2 (%) Nb2O5 (%) Ta2O5 (%) Y2O3 (%) TREO* (%) Proved 18.90 1.85 0.04 0.440 0.029 0.136 0.735 Probable 0 Total 18.90 1.85 0.04 0.440 0.029 0.136 0.735 *TREO% is the sum of all rare earth oxides excluding ZrO2, HfO2, Nb2O3, Ta2O5, Y2O3, Note: Full details including Competent Person statements in ASX announcement 19 September 2017 - the Company confirms that all material assumptions and technical parameters underpinning the estimated Mineral Resources and Ore Reserves, and production targets and the forecast financial information as disclosed continue to apply and have not materially changed © 2018 Alkane Resources Ltd