For personal use only - ASX · commercialisation of 20,000 tpa plant (yearly discharge Fe-Mn...
Transcript of For personal use only - ASX · commercialisation of 20,000 tpa plant (yearly discharge Fe-Mn...
JATENERGY AGM PRESENTATIONNOVEMBER 2014
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DISCLAIMERThis document has been prepared by Jatenergy Limited (the “Company”) for thepurposes of providing information on the Company.
Any statements, opinions, or other material contained in this document do notconstitute any commitments, representations or warranties by Jatenergy Limitedor/and associated entities or its directors, agents and employees.
Except as required by law, and only to the extent so required, directors, agents andemployees of Jatenergy Limited shall in no way be liable to any person or body forany loss, claim, demand, damages, costs or expenses of whatsoever nature arising inany way out of, or in connection with, the information contained in this document.
This document includes certain information which reflects various assumptions. Theassumptions may or may not prove to be correct. Recipients of the document mustmake their own independent investigations, consideration and evaluations prior tomaking any decisions in relation to investing in the Company.
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SNAPSHOT• Jatenergy (ASX:JAT) is an ASX listed energy investment company, focused on beneficiation
technologies. Technologies that can extract the real value of low grade coal or mineralwaste/ore. We do have established resource project plays in Indonesia both conventionalcoal and second generation biofuel plantations.
• Jatenergy markets technologies, acquires and develops projects and creates long termand shot term cash flow to provide a return for investors.
• Jatenergy currently has a diversified project portfolio with a focus on:1. Technology Marketing of Beneficiation Technologies;2. Diversification of business to generate cash flow;3. Coal production and coal project development;4. Biofuel feedstock production.
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Number of Shares:
108,565,568
Share Price:$0.03
27/11 2014
Debt:Zero
Market Capitalisation:$3,256,967.04F
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COMPANY STRATEGYJatenergy creates shareholder value through a strategy based on marketing, developing and creating cashflow .
Jatenergy now focusing onmarketing its current portfolioof beneficiationtechnologies and seekingother similar programs forAustralia, China and Asia.Having a combined globalreach and access to marketsto realize these projects.
Identification of acustomer/project. The projectis designed and built into anoperational business. To startthe business requiresinvestment and engineering/business acumen.
Profitable cash flow is theessence of business.Jatenergy is after both thelong term and short-termcash flows.
Marketing Develop Cash Flow
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Technology Marketing Diversification Coal Biofuel
Katingan (CSB): currently for sale. Sited near
Indonesian Government planned power station.
Jongkang: soon to be in production subject to
higher coal prices would be expecting 10,000-15,000
tonnes per month.
Geronggang: 2km from near production Jetty.
Sebuku: have access to coal tenements on this
south East Island in Kalimantan
Jatenergy currently has biofuel plantation.
Production being reviewed.TTG Mineral Processing
technology for recovery of Energy materials.
Coal Plus conversion technology: low grade
brown coal to gas oil and PCI coal.
Beijing Research Coal Institute:
Marketing testing services
Trading: trading in coal and looking to diversify into Oil
and wood for Cash flow positive trading.
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JATENERGY LIMITED
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FOCUS IS ON TECHNOLOGYJatenergy has positioned itself as a marketing company for technology in the energy sector. Inparticular we are aligned with energy material extraction and coal conversion technologies.We are seeking a larger portfolio of related but non-competitive beneficiation technologies.
Historically
The company started out in the Biofuel sector and quickly moved to coal as the demand forconventional energy was strong and complimentary as it is energy we are targeting.
We now have included the marketing of beneficiation related technology that can give asignificant advantage to customers wanting to maximise their available resource. Theadvantaged is generally utilising a resource that is considered non viable or unprofitable tocurrent owners. With the addition of technology the resource takes on an alternative valueproposition.
Currently
At the moment, with the current downturn in the coal and energy sector, there is opportunity toidentify cheaper resources for technologies such as TTG’s energy material recovery and CoalPlus.
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JATENERGY TECHNOLOGY MARKETINGJatenergy has the experience and background to market its portfolio on beneficiationtechnology to the wider market and community. To bring a technology to a country/customerrequires:
• Having a technology that is commercial and relevant to that market.• Initiating marketing of the technology using a variety of communication channels.• Having established relationships in government and related business within the country to
readily speed up the process of familiarisation.• Ability to present information on the technology and converse on the ability of the system,
its produce and requirements.• Identifying resources in the area that are suitable for the technology at a price that
increases the profitability of the combined technology/resource.• Obtaining backing of both government and owners of the identified resource to get the
project through its initial approvals.
It is well known that customers are seeking “disruptive” technology, it is a matter of finding theright approach to gain their attention and continued commitment till final approval.
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SUMMARY CURRENT TECHNOLOGY MARKETING PROJECTSTTG Mineral Processing• Existing exclusive marketing license agreement with TTG for Indonesia for Cu/Li/Mn/Mg/Ni extended recently
for Mn recovery in China.• Signed with Jiaren Investment to expand Mn recovery in China. Jiaren has extensive Chinese business
network and access to Fe-Mn waste stream projects. China Identified as the best market for Mn recovery asChina is the major producer of Ferromanganese
• Jatenergy Identified Indonesia as an opportunity for this technology as the Indonesian Government hasintroduced a processing requirement for the majority of minerals in Indonesia (known as Export ban onunprocessed minerals)
Coal Plus• Technology for the upgrading of Brown Lignite Coal into semi coking coal. Already has established plants in
China operating and generating product and profit.• By products include:
– Upgraded coal with high calorific value and very low inherent moisture.– Coal tar can be sold to China for conversion into chemicals and .– Gas generated from project area can be used for domestic electricity production.
Beijing Coal Research Institute• Jatenergy has recently negotiated with Beijing Coal Research Institute to market its activities to our current
customer data base.• Already provided a number of customers that have had their coal tested for Coal Plus application.
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ENERGY MATERIAL EXTRACTION
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TTG RESOURCE TECHNOLOGIES
• Expertise in waste and low grade resource process technologies,project management, financing waste remediation projects.
• Projects evaluated for commercialisation: Dizon Cu-Au tailing (ThePhilippines), Zambia’s Luanshya Cu-Co tailing.
• Advanced own or licensed technologies (from CNU) demonstrated forprocessing of wastes from Fe-Mn and Mo-Re smelters, Li-Mg salar brinesor brine discharges (for Li and Mg recovery) for projects in Korea andAustralia.
• CNU working on mineral processing projects for and on behalf of KoreaResources, Dong Bu Metals, SIMPAC, and POSCO of Korea.
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MINERAL PROCESSING & WASTE RECYCLING LAB AT CNUThe laboratory has developed several commercial/patented processes using rawmaterials from primary and secondary (wastes) sources:
• Remediation of Mo fumes from molybdenite roasters (SeAH- Kwangyang FerroAlloy Co, POSCO).
• Processing of salar brine from Bolivia to produce high purity Mg and Li products(collaborated with Korea Resources Corp).
• Remediation of Fe-Mn fumes to produce non-leachable materials (final stage ofconsideration for commercialisation by Dong Bu Metals).
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MANGANESE RECOVERY FROM Fe-Mn FUMES• Technology developed will process Fe-Mn fumes into high purity (>99.5% purity)
Manganese Sulphate Monohydrate (MSM) used for the expanding Li-ion batterymarket.
• Process conditions confirmed at demonstration scale (60 kg/day) by CNU andDong Bu Metals.
• Remediation project instigated in 2013 by Dong Bu Metals, aiming forcommercialisation of 20,000 tpa plant (yearly discharge Fe-Mn smelters).
• SIMPAC (Korea) is now testing their materials for remediation
• TTG-CNU completed evaluation of 300,000t fumes from a plant in Australia.
• TTG is sourcing another 300,000 tonnes of this waste for full commercialisation.
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SUMMARY – CNU Mn PROCESS• Recovered over 95% of Mn content in the FeMn fumes, based on
conventional roasting, leaching, purification and precipitationtechniques.
• Product: >99.5% purity MSM, best in the world so far.
• Uses material chemicals which are available commercially.
• OPEX: 800-1,000 USD/tonne MSM, with feed material paid for at <100USD/tonne (FeMn fumes of 70% Mn).
• PRODUCT PRICE : 1,700 – 2,200 USD/tonne MSM.
• CAPEX: 13-15 million USD for 11,000 tpa MSM production.
• Feed: 5,000 tpa Fe-Mn fumes at ~70% Mn dry basis.
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COMMERCIALISATION OF CNU TECHNOLOGIES• CNU Technology for
processing Fe-Mn fumesinto high purity Mn productswas transferred to DongbuMetals in December 2012.
• Patented CNU technologiesfor processing high puritymanganese, magnesium,copper-gold from lowgrade materials aremarketed by TTG ResourceTechnologies in Australia,China, Indonesia and SouthAfrica.
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CNU PATENTED TECHNOLOGY FOR BRINES/BITTERNSApplications: Pharmaceuticals, flame retardants, high performance ceramics,foodstock and feeds for Mg metal production.
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Removal of Ca
Recovery of Mg
Precipitation of Li
Liquor Evaporation
HP Calcium Product
Product: >99.5% Li2CO3
Na2CO3
Li: 18-20g/L
HP Magnesium Products
Roasting
MgO (>99.5%)
Boron Recovery
Brines/Bitterns
Production of High purity MgOand other Mg products from Brinescontaining high Mg (>10g/L) andCa, Li, B (<1g/L each)
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COAL PLUS
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ABOUT COAL PLUS
• Proprietary coal upgradingtechnology.
• Coverts low value browncoal into high valueenergy products.
• Jatenergy looking tolicense technology,specifically in Indonesia onproject by project basis.
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INPUTS & OUTPUTS
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ADVANTAGES OF COAL PLUS• Highly efficient and cost-effective.• Already in commercial use:
– three commercial plants established;– more commercial plants planned or
under construction.• Produces multiple, high-value, finished
products.
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• Reduces CO2 emissions (compared todirect burning for power generation).
• Ability to manipulate coal parametersfrom original state during processing.
• Plant size can be scaled to match size ofcoal reserve, level of production,available land, finance, etc.
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LOW CARBON EMISSIONS• Coal Plus technology reduces carbon emissions.
• Potentially Victoria’s brown coal power station could reduced CO2emissions by over 80% versus direct burning brown coal. Achievedthrough coal plus processing for making multiple products to reduceemissions.
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PRODUCTS OF COAL PLUS• Low volatile solid fuel (LVSF)
– Valuable solid fuel, high energy content– Suitable for steel production– Feedstock for various products
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• Pyrolytic oil (Pyroil)– Valuable liquid– Refined into various energy products
(e.g. gasoline)– Chemical feedstock for various products
• Coal gas– About half used to fuel Coal Plus process, with
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COAL & BIOFUEL
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COAL & BIOFUEL PROJECT LOCATIONSJatenergy owns the rights to four coal development projects in Kalimantan, Indonesia in Central Kalimantan and a Biofuel project in Central Java.
Commercial in Confidence Figure 1 – Coal & Biofuel Project Location Map
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COAL PROJECT SUMMARYKatingan• Single 5,000 hectare tenement located 160km northwest of the city of Palangkaraya in the South
Kalimantan Province on the island of Borneo.
• Jatenergy acquired 80% of this project through the acquisition of Blackrock in 2011.
• Signed a co-operative agreement with Realm Resources Limited to exploit the two sites for powergeneration.
• This property is for sale and in the process of negotiation.
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CV Wijaya Mulia“Jongkang I”
CV Karya Putra Bersama “Jongkang II”
Jong Kang• Located in East Kalimantan approximately 5km along an
existing haul road from the Mahakam River and around25kms from a major hub of Indonesia’s coal industry inSamarinda.
• Site is ready for production awaiting the appointment of acontractor to site. Due to low margin increasingly difficultto find contractors on site.
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COAL AND BIOFUEL PROJECT SUMMARYGeronggang
• Consists of a 183 hectare property located within the Kotabaru regencyin South Kalimantan. In November 2010, contractors conductedinvestigations of the tenements using power and Jackro rigs and outcropmapping.
Sebuku• Sebuku island located in the southeast of SeaI Island inside Kotabaru
Kabupaten region, South Kalimantan. According to geologicalinformation in this island there are mineral deposits that have goodeconomic value such as coal.
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Biofuel Project• Jatenergy has formed a 70/30 joint venture (PT Jatoil,
Waterland) with PT Waterland International, to developbiofuel farms in Indonesia.
• In 2012 the fields produced over 2,800 tonnes of Jatrophaseed. We have requested information on 2013 and 2014production.
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DIRECTORS & MANAGEMENTTony Crimmins – Executive Chairman / Managing Director• BE ME MBA GradDip (Marketing)• Long history of involvement in ASX listed startups including Blueglass.• 6 years experience as an environmental engineer and business development manager in Asia.
Xipeng Li – Non Executive Director• Graduated from Zhongnan University of Economics and Law also holds an Executive MBA.• Held a Directorship at Pinglin Expressway Limited.• Chairman of Henan Shengrun Real Estate Co Ltd, China, since May 2000.
Wilton Yao – Non Executive Director• Involved in the business broking industry for more than 10 years.• Worked with a number of franchise firms to develop franchise businesses locally and internationally.• Strong connections with overseas investors, especially from mainland China and greater Asia.
Tam Tran – Senior Process Technologist• Worked for BHP Research for seven years and was a key member of a team developing a process for producing
battery-grade electrolytic manganese dioxide from Groote Eyland ore.• Currently Professor at Centre for International Resources Development, Chonnam National University, Korea
Chris Flanagan – Country Manager (Indonesia)• Bachelor of Science in Mine Engineering from The Royal School of Mines in London.• 30 years’ experience in mining in South Africa, Ghana, the United Kingdom and Australia.• He has spent the last seven years in Indonesia, where he has built considerable expertise in mining operations
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