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JATCORP LIMITED — AGM Information 2014
Nov 27, 2014
65154_rns_2014-11-27_36818b21-3040-488c-b09e-d99be4b3dc16.pdf
AGM Information
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JATENERGY AGM PRESENTATION NOVEMBER 2014
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DISCLAIMER
This document has been prepared by Jatenergy Limited (the “Company”) for the purposes of providing information on the Company.
Any statements, opinions, or other material contained in this document do not constitute any commitments, representations or warranties by Jatenergy Limited or/and associated entities or its directors, agents and employees.
Except as required by law, and only to the extent so required, directors, agents and employees of Jatenergy Limited shall in no way be liable to any person or body for any loss, claim, demand, damages, costs or expenses of whatsoever nature arising in any way out of, or in connection with, the information contained in this document.
This document includes certain information which reflects various assumptions. The assumptions may or may not prove to be correct. Recipients of the document must make their own independent investigations, consideration and evaluations prior to making any decisions in relation to investing in the Company.
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SNAPSHOT
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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 mineral waste/ore. We do have established resource project plays in Indonesia both conventional coal and second generation biofuel plantations.
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Jatenergy markets technologies, acquires and develops projects and creates long term and shot term cash flow to provide a return for investors.
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Jatenergy currently has a diversified project portfolio with a focus on:
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Technology Marketing of Beneficiation Technologies;
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Diversification of business to generate cash flow;
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Coal production and coal project development;
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Biofuel feedstock production.
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Number of Share Price: Market
Debt:
Shares: $0.03 Capitalisation:
Zero
108,565,568 27/11 2014 $3,256,967.04
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COMPANY STRATEGY
Jatenergy creates shareholder value through a strategy based on marketing, developing and creating cashflow .
Marketing
Develop
Cash Flow
Jatenergy now focusing on Identification of a marketing its current portfolio customer/project. The project of beneficiation is designed and built into an technologies and seeking operational business. To start other similar programs for the business requires Australia, China and Asia. investment and engineering/ Having a combined global business acumen. reach and access to markets to realize these projects.
Profitable cash flow is the essence of business. Jatenergy is after both the long term and short-term cash flows.
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Windows 사용자, 26/11/2014
JATENERGY LIMITED
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Technology Marketing Diversification Coal Biofuel
Katingan (CSB): currently Jatenergy currently has
TTG Mineral Processing Trading: trading in coal and for sale. Sited near biofuel plantation.
technology for recovery of looking to diversify into Oil Indonesian Government Production being reviewed.
Energy materials. and wood for planned power station.
Cash flow positive trading.
Jongkang: soon to be in
Coal Plus conversion production subject to
technology: low grade higher coal prices would
brown coal to gas oil and be expecting 10,000-15,000
PCI coal. tonnes per month.
Geronggang: 2km from
Beijing Research Coal near production Jetty.
Institute:
Marketing testing services Sebuku: have access to
coal tenements on this
south East Island in
Kalimantan
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FOCUS IS ON TECHNOLOGY
Jatenergy has positioned itself as a marketing company for technology in the energy sector. In particular 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 for conventional 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 a significant advantage to customers wanting to maximise their available resource. The advantaged is generally utilising a resource that is considered non viable or unprofitable to current owners. With the addition of technology the resource takes on an alternative value proposition.
Currently
At the moment, with the current downturn in the coal and energy sector, there is opportunity to identify cheaper resources for technologies such as TTG’s energy material recovery and Coal Plus.
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JATENERGY TECHNOLOGY MARKETING
Jatenergy has the experience and background to market its portfolio on beneficiation technology to the wider market and community. To bring a technology to a country/customer requires:
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Having a technology that is commercial and relevant to that market.
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Initiating marketing of the technology using a variety of communication channels.
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Having established relationships in government and related business within the country to readily speed up the process of familiarisation.
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Ability to present information on the technology and converse on the ability of the system, its produce and requirements.
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Identifying resources in the area that are suitable for the technology at a price that increases the profitability of the combined technology/resource.
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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 the right approach to gain their attention and continued commitment till final approval.
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SUMMARY CURRENT TECHNOLOGY MARKETING PROJECTS
TTG Mineral Processing
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Existing exclusive marketing license agreement with TTG for Indonesia for Cu/Li/Mn/Mg/Ni extended recently for Mn recovery in China.
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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 as China is the major producer of Ferromanganese
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Jatenergy Identified Indonesia as an opportunity for this technology as the Indonesian Government has introduced a processing requirement for the majority of minerals in Indonesia (known as Export ban on unprocessed minerals)
Coal Plus
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Technology for the upgrading of Brown Lignite Coal into semi coking coal. Already has established plants in China operating and generating product and profit.
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By products include:
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Upgraded coal with high calorific value and very low inherent moisture.
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Coal tar can be sold to China for conversion into chemicals and .
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Gas generated from project area can be used for domestic electricity production.
Beijing Coal Research Institute
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Jatenergy has recently negotiated with Beijing Coal Research Institute to market its activities to our current customer data base.
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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
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in waste and low resource
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Expertise grade process technologies, project management, financing waste remediation projects.
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Projects evaluated for commercialisation: Dizon Cu-Au tailing (The Philippines), Zambia’s Luanshya Cu-Co tailing.
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Advanced own or licensed technologies (from CNU) demonstrated for processing of wastes from Fe-Mn and Mo-Re smelters, Li-Mg salar brines or brine discharges (for Li and Mg recovery) for projects in Korea and Australia.
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CNU working on mineral processing projects for and on behalf of Korea Resources, Dong Bu Metals, SIMPAC, and POSCO of Korea.
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MINERAL PROCESSING & WASTE RECYCLING LAB AT CNU
The has several raw laboratory developed commercial/patented processes using materials from primary and secondary (wastes) sources:
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Remediation of Mo fumes from molybdenite roasters (SeAH- Kwangyang Ferro Alloy Co, POSCO).
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Processing of salar brine from Bolivia to produce high purity Mg and Li products (collaborated with Korea Resources Corp).
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Remediation of Fe-Mn fumes to produce non-leachable materials (final stage of consideration for commercialisation by Dong Bu Metals).
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MANGANESE RECOVERY FROM Fe-Mn FUMES
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Technology developed will process Fe-Mn fumes into high purity (>99.5% purity) Manganese Sulphate Monohydrate (MSM) used for the expanding Li-ion battery market.
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Process conditions confirmed at demonstration scale (60 kg/day) by CNU and Dong Bu Metals.
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Remediation project instigated in 2013 by Dong Bu Metals, aiming for commercialisation of 20,000 tpa plant (yearly discharge Fe-Mn smelters).
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SIMPAC (Korea) is now testing their materials for remediation
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TTG-CNU completed evaluation of 300,000t fumes from a plant in Australia.
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TTG is sourcing another 300,000 tonnes of this waste for full commercialisation
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SUMMARY – CNU Mn PROCESS
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Recovered over 95% of Mn content in the FeMn fumes, based on conventional roasting, leaching, purification and precipitation techniques.
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Product: >99.5% purity MSM, best in the world so far.
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Uses material chemicals which are available commercially.
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OPEX: 800-1,000 USD/tonne MSM, with feed material paid for at <100 USD/tonne (FeMn fumes of 70% Mn).
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PRODUCT PRICE : 1,700 – 2,200 USD/tonne MSM.
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CAPEX: 13-15 million USD for 11,000 tpa MSM production.
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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 fumes into high purity Mn products was transferred to Dongbu Metals in December 2012. • Patented CNU technologies for processing high purity manganese, magnesium, copper-gold from low materials are grade marketed by TTG Resource Technologies in Australia, China, Indonesia and South Africa.
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CNU PATENTED TECHNOLOGY FOR BRINES/BITTERNS
Applications: Pharmaceuticals, flame retardants, high performance ceramics, foodstock and feeds for Mg metal production.
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Brines/Bitterns
Removal of Ca HP Calcium Product
Production of High purity MgO
and other Mg products from Brines
containing high Mg (>10g/L) and
Ca, Li, B (<1g/L each)
Recovery of Mg HP Magnesium Products
Boron
Recovery Liquor Evaporation Roasting
MgO (>99.5%)
Li: 18-20g/L
Na2CO3 Precipitation of Li
Product: >99.5% Li2CO3
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COAL PLUS
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ABOUT COAL PLUS
- Proprietary coal upgrading technology.
INPUTS & OUTPUTS
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Coverts low value brown coal into high value energy products.
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Jatenergy looking to license technology, in Indonesia on
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specifically project by project basis.
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ADVANTAGES OF COAL PLUS
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Highly efficient and cost-effective.
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Already in commercial use:
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- three commercial plants established;
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more commercial or plants planned
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under construction.
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Produces multiple, high-value, finished products.
- Reduces CO2 emissions (compared to direct burning for power generation). - Ability to manipulate coal parameters from original state during processing. - Plant size can be scaled to match size of coal reserve, level of production, available land, finance, etc.
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LOW CARBON EMISSIONS
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Coal Plus technology reduces carbon emissions.
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Potentially Victoria’s brown coal power station could reduced CO2 emissions by over 80% versus direct burning brown coal. Achieved through coal plus processing for making multiple products to reduce emissions.
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PRODUCTS OF COAL PLUS
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Low volatile solid fuel (LVSF)
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Valuable solid fuel, high energy content
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– Suitable for steel production
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Feedstock for various products
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Pyrolytic oil (Pyroil)
- Valuable liquid
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- Refined into various energy products (e.g. gasoline) Chemical feedstock for various products
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Coal gas
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About half used to fuel Coal Plus process, with remainder used to generate electricity
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COAL & BIOFUEL
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COAL & BIOFUEL PROJECT LOCATIONS
Jatenergy owns the rights to four coal development projects in Kalimantan, Indonesia in Central Kalimantan and a Biofuel project in Central Java.
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Figure 1 – Coal & Biofuel Project Location Map
COAL PROJECT SUMMARY
Katingan
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Single 5,000 hectare tenement located 160km northwest of the city of Palangkaraya in the South Kalimantan Province on the island of Borneo.
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Jatenergy acquired 80% of this project through the acquisition of Blackrock in 2011.
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Signed a co-operative agreement with Realm Resources Limited to exploit the two sites for power generation.
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This property is for sale and in the process of negotiation.
Jong Kang
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Located in East Kalimantan approximately 5km along an existing haul road from the Mahakam River and around 25kms from a major hub of Indonesia’s coal industry in Samarinda.
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Site is ready for production awaiting the appointment of a contractor to site. Due to low margin increasingly difficult to find contractors on site.
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CV Wijaya
Mulia
“Jongkang I”
CV Karya Putra
Bersama
“Jongkang II”
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COAL AND BIOFUEL PROJECT SUMMARY
Geronggang
- Consists of a 183 hectare property located within the Kotabaru regency in South Kalimantan. In November 2010, contractors conducted investigations of the tenements using power and Jackro rigs and outcrop mapping.
Sebuku
- Sebuku island located in the southeast of SeaI Island inside Kotabaru Kabupaten region, South Kalimantan. According to geological information in this island there are mineral deposits that have good economic value such as coal.
Biofuel Project
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Jatenergy has formed a 70/30 joint venture (PT Jatoil, Waterland) with PT Waterland International, to develop biofuel farms in Indonesia.
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In 2012 the fields produced over 2,800 tonnes of Jatropha seed. We have requested information on 2013 and 2014 production.
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DIRECTORS & MANAGEMENT
Tony Crimmins – Executive Chairman / Managing Director
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BE ME MBA GradDip (Marketing)
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Long history of involvement in ASX listed startups including Blueglass.
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6 years experience as an environmental engineer and business development manager in Asia.
Xipeng Li – Non Executive Director
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Graduated from Zhongnan University of Economics and Law also holds an Executive MBA.
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Held a Directorship at Pinglin Expressway Limited.
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Chairman of Henan Shengrun Real Estate Co Ltd, China, since May 2000.
Wilton Yao – Non Executive Director
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Involved in the business broking industry for more than 10 years.
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Worked with a number of franchise firms to develop franchise businesses locally and internationally.
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Strong connections with overseas investors, especially from mainland China and greater Asia.
Chris Flanagan – Country Manager (Indonesia)
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Bachelor of Science in Mine Engineering from The Royal School of Mines in London.
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30 years’ experience in mining in South Africa, Ghana, the United Kingdom and Australia.
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He has spent the last seven years in Indonesia, where he has built considerable expertise in mining operations
Tam Tran – Senior Process Technologist
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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.
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Currently Professor at Centre for International Resources Development, Chonnam National University, Korea
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E: [email protected]
T: +61 2 9571 8300
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