ALTECH BATTERIES LTD — Investor Presentation 2011

Mar 23, 2011

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www.ammg.com.au

Disclaimer

Certain statements made during or in connection with this communication, including, without limitation, those concerning the economic outlook for the exploration industry, expectations regarding commodity prices, production, cash costs and other operating results, growth prospects and the outlook of Australia Minerals and Mining Group Limited’s (AMMG) operations; contain or comprise certain forward-looking statements regarding AMMG’s exploration operations, economic performance and financial condition.

Although AMMG believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forward-looking statements as a result of, among other factors, changes in economic and market conditions, success of business and operating initiatives, changes in the regulatory environment and other government actions, fluctuations in commodity prices and exchange rates and business and operational risk management. AMMG undertakes no obligation to update publicly or release any revisions to these forward-looking statements to reflect events or circumstances after today’s date or to reflect the occurrence of unanticipated events.

Competent Person Statement

Technical information in this report is based on information compiled by Mr. Derek Judkins B.Sc. Geology, AMMG Chief Geologist and a member of the Australasian Institute of Mining and Metallurgy. Mr. Judkins has sufficient exploration experience which is relevant to the styles of mineralisation and types of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (“JORC 2004”). Mr. Judkins consents to the inclusion in this release of the matters based on his information in the form and context in which it appears.

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Banded iron formation (BIF) outcropping at Bencubbin, E70/3853

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Corporate Overview

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ASX CODE: AKA OPTIONS CODE: AKAO Ordinary shares 100.9m Listed options 42m Unlisted options 11.5m Market Cap @ 03 Mar 2011 $24.21m Cash @ 03 Mar 2011 S7.31m Share Price @ 03 Mar 2011 24c Debt Nil

BOARD OF DIRECTORS

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Luke Atkins Non-executive Chairman Ric Dawson Managing Director David Brook Non-executive Director Chris Forrester Non-executive Director DanTenardi Non-executive Director Piers Lewis Company Secretary/ Chief Financial Officer

Experienced board & management team

• Board level mining and corporate experience.

• Experienced exploration , technical marketing and management team .

• Diverse geological experience across various mineral sectors.

Strong relationships with Asia

• Corporate marketing focus on South East Asia and China as part of corporate growth strategy .

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Project Locations

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SHIPPING PRIORITY DISTANCE PROJECT FOCUS China 1. Iron Ore ~ 6,000km 2. Kaolin 3. Gypsum 4. Salt vs 5. Mineral sands 6. Gold West Africa ~ 20,000km Exploration licences granted, under application cover ~ 7,075km² South America ~ 23,000km

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- Locations Priority Projects

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Potential rail, power and water services at Meckering Kaolin Project

PROJECT TARGETING South West, WA (Yilgarn) Iron Ore Constance Range, QLD Iron Ore South West, WA (Yilgarn) Kaolin Lake Macleod, WA Gypsum East Pilbara, WA Iron Ore South West, WA (Yilgarn) Salt South West, WA (Yilgarn) Mineral Sands

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Banded iron formation (BIF) outcropping at E70/3853 Bencubbin

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AMMG representatives view banded iron formation (BIF) outcropping at E70/3853 Bencubbin

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AMMG representatives inspecting kaolin located at E70/3923 Meckering test pit

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Banded iron formation (BIF) outcrop located at E70/3853 Bencubbin

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- Iron Ore, South West WA Yilgarn

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Geraldton Port

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Kwinana Bulk Terminal

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Proposed Oakajee Port
Esperance Port
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Bunbury Port

Albany Port

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- Iron Ore, South West WA Yilgarn

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Burngup Project Aeromagnetic data shows the geological structure for ~13km strike length

Kukerin Project Aeromagnetic data shows the geological structure for ~5km strike length

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Bencubbin Project Aeromagnetic data shows the geological structure under the surface for ~14km strike length

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- Iron Ore, Queensland Constance Range

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• Targeting haematite DSO, siderite and magnetite.

• Total tenement area is 696km².

• Substantial BHP historical database

• (BHP’s project prior to Pilbara).

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Shipping
distance
to China
~5,500 kms
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Aerial view of Constance Range
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Iron-rich rocks at Constance Range
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Kaolin Projects

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• 9 tenements held over three project areas:

• 1. Meckering

• Kellerberrin

3. Kerrigan

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Distance to
Kwinana Port
~ 168 kms
Distance to
Albany Port
~ 400kms
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• The term “Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve

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- Kaolin Meckering

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ExplorationTarget*

	Indicated (Mt)	Inferred (Mt)	ExplorationTarget* (Mt)	Land Holding Grant/App (km²)
Meckering	16.77	48.28	75-130	966
Kerrigan**	-	-	100-150	459
Kellerberrin	-	-	70-110	408
TOTAL	16.77	48.28	265-390	1,833

• The term “Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve

Kaolin Sample Mineral Analysis (dry screened -45μm micron metres )

• 38% alumina (Al203)

• Low impurity, iron (Fe2O3), titanium (TiO2)

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MnO
SiO ₂ % Al203% Fe2O3% TiO2 % CaO% MgO% Na2O% K2O% % P2O5% Ig.loss% Total
45.86 38.32 0.43 0.56 0.05 0.17 0.45 0.27 0.00 0.05 13.83 100.00
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lg.loss: removal of moisture

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- Kaolin Meckering

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Meckering Kaolin test pit
75kms
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Lake Macleod - Gypsum

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• 1 granted tenement and four exploration licence applications.

• 30Mt JORC inferred resource delineation by external consultant Reynard Australia.

• Total tenement area is 990km².

• Distance to coast ~30km, to North West Coastal highway ~20kms.

• Potential to use existing infrastructure (subject to negotiations).

• Substantial historical drilling database.

• First phase drilling completed.

• Detailed market research underway, discussions ongoing with potential off-take customers.

Drilling rig used at Lake Macleod E09/1572

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INFERRED RESOURCES, LAKE MACLEOD NORTH	INFERRED RESOURCES, LAKE MACLEOD NORTH	INFERRED RESOURCES, LAKE MACLEOD NORTH
Gypsum Cut Off	>85%	>90%
	M Tonnes	M Tonnes
North (Block 1)	4.9	3.5
South (Block 2)	26.1	9.8
Total	30.9	13.2
Overall Grade	89.5%	92.1%

Gypsum samples at E09/1572

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East Pilbara - Iron Ore, WA

• Total tenement area 1190km².

• Negotiations underway with native title groups.

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* The term “Target” should not be misunderstood nor misconstrued as an estimate of Mineral Resources and Reserves as defined by the JORC Code (2004), and therefore the term has not been used in this context. It is uncertain if further exploration or feasibility study will result in the determination of a Mineral Resource or Mining Reserve.

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Why invest in Australia?

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• Western democracy – stability for overseas investors

• Western Australia one of the world’s richest mineral provinces

• Pro-mining Western Australia State Government with mandate to expedite approval processes

• Low sovereign risk vs. other high risk nations

• Skilled mining workforce

• Mining-based economy

• Close proximity to emerging markets and competitive shipping freight advantage

• Same time zone as China

• Well developed legal system

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Why invest in AMMG?

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Mr Wang Xin Chairman Yankuang Group Shandong Province, Mr Luke Atkins Non-executive Chairman AMMG Mr Jiang Daming Governor of Shandong Province

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Strategic Co-operation Investment opportunities with AMMG

Opportunity for:

• Direct investment by way of issue of new shares

• Strategic co-operation for exploration

• Strategic co-operation for project development processing facilities and infrastructure development

• Strategic co-operation for off-take sales agreements

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