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ZEOTECH LIMITED — AGM Information 2024
Nov 21, 2024
66115_rns_2024-11-21_ce3663d4-33b2-436a-82b0-706b93dc681c.pdf
AGM Information
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AGM Presentation
22 November 2024
ASX: ZEO www.zeotech.com.au
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Disclaimer
These Presentation Materials are for information purposes only. They do not comprise a prospectus, product disclosure statement, or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law.
The Presentation Materials also do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities, nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contract or commitment with respect to securities. In particular, these Presentation Materials do not constitute an offer to sell or a solicitation to buy securities in the United States of America.
The information in this presentation is published to inform you about Zeotech Limited (“Zeotech” or the “Company”) and its activities based on information available to it as of the date of this presentation. Some statements in this presentation regarding estimates or future events are forward-looking statements. They involve risks and uncertainties that could cause actual results to differ from estimated results. All reasonable efforts have been made to provide accurate information, but we do not warrant or represent its accuracy, and we reserve the right to make changes to it at any time without notice. Hence, no representation is made as to the accuracy, completeness or reliability of the information.
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In addition, neither Zeotech nor any of its subsidiaries, directors, employees, shareholders nor any other person shall have liability whatsoever to any person for any loss, including without limitation from any fault or negligence arising from this presentation or any information supplied in connection with it.
Zeotech gives no warranty or representation as to its future performance or any future matter. Zeotech is not obliged to update this presentation after its tabling, even if matters change materially.
ASX Listing Rule 5.23
The information in this presentation relating to exploration results for the Toondoon Project is extracted from the following announcements entitled ‘ZEO Acquires HighGrade Kaolin Project within Approved ML’ released to the ASX on 23 August 2021, ‘Notice of General Meeting/Proxy Form (Part 2 of 2) Ausrocks Mineral Estimates Report’ released to the ASX on 27 July 2022 and ‘Land Purchase Agreements signed Accelerate Toondoon Project’ released on to the ASX on 8 December 2022, which are all available on the Company's website www.zeotech.com.au
The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and that all material assumptions and technical parameters underpinning the estimates in the original market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the competent person’s findings are presented have not been materially modified from the original market announcements.
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2
Corporate Snapshot
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$105.5m $3.4m
Market Cash at bank¹
capitalisation (30 Sep 2024)
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Share price and volume
0.07 16
14
0.06
12
0.05
10
0.04
8
0.03
6
0.02
4
0.01
2
0.00 0
Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24
Volume Price
Price ($)
Volume (m)
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$0.057 1.85Bn
Share price Shares on issue ²
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Board & Management
Sylvia Tulloch Non-Executive Chair Peter Zardo Managing Director Rob Downey Non-Executive Director
James Marsh Chief Executive Officer Scott Burkhart Chief Operating Officer Dr. John Vogrin Head of Projects, R&D
Technical Partners
Industry Associations
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(1) Includes net proceeds from Placement – 14/10/2024 “Successful Placement of $1.82m to Advance Company Projects” and net proceeds from R&D refund – 21/10/2024 “Zeotech Receives $905k R&D Incentive Payment (2) Includes Placement shares and escrowed employee incentive shares
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3
What are Zeotech Minerals?
Industrial minerals for a cleaner world
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Toondoon
Kaolin
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Zeolite
AusPozz
Powder
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AusPozz High Reactivity Metakaolin (HRM)
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Manufactured Pozzolan – the secret of 2000 year old Roman concrete
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Produced by heating pure kaolin to about 750°C
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It can partially replace Ordinary Portland Cement (OPC) and other supplementary cementitious materials (SCM)
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Currently being used to achieve carbon reduction of up to 40%[1]
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AusPozz HRM is a fully validated product²
Manufactured Zeolite
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Manufactured zeolites are aluminosilicate minerals with a spongelike structure (framework) with specific pore sizes
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Zeotech has patented, patent-pending and trade-secret process technology for manufacturing zeolites from metakaolin.
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Acting like a magnet, their tiny pore sizes make them useful as adsorbents, catalysts and ultrafine filters.
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Used in laundry detergents, air purification, water treatment, and animal health, alongside emerging opportunities for methane emissions control and agri-soil products.
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(1) Limestone Calcined Clay Cement – https://lc3.ch/ (2) ASX Announcement 22/04/2024 - High Reactivity Metakaolin to Advance Low Carbon Cement
Inte grated Mineral Processing Tech Company
Advancing ‘shovel ready’ high-grade kaolin resources and proprietary IP to drive decarbonisation
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High Reactivity Metakaolin
Direct Shipping Toondoon AusPozz SCM for low
Ore (DSO) Kaolin Project High Reactivity carbon concrete
(Approved ML) Metakaolin
Established
By-Product By-Product
Zeolite Powder Zeolite
Treatment Utilisation
Market
Patent-pending processes
Emerging Climate-Tech Focused Portfolio
Agri-soil carbon Methane emission Carbon capture &
product control utilisation
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Toondoon Kaolin Project
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Achievements 2024
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Test pit completed at the Company’s approved mining lease (ML 80126) within the Toondoon kaolin project
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Test pit yielded 35 tonnes of kaolin that is being milled and bagged for metakaolin production, zeolite manufacturing and DSO marketing initiatives
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Consultants engaged for Preliminary Feasibility Study (“PFS”)
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Mine plan work well advanced
One of Australia’s highest-grade raw ore kaolin resources held under an approved Mining Lease
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Outlook 2025
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Drill campaign planning underway to support PFS and mine plan work, alongside increasing and upgrading the current resource
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Further DSO marketing, aimed at higher value segments, such as cosmetics
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Complete the kaolin mining component of the PFS for metakaolin production
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Complete mine plan, contractor engagement, drill campaign and final approvals
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Secure off-takes for the Company’s DSO kaolin products
Toondoon kaolin
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Metakaolin
Supplementary cementitious material to help decarbonise the concrete and cement industry
Manufactured zeolite feedstock
- Central Queensland University supplementary cementitious material (“SCM”) study completed - confirms that a high reactivity metakaolin (“HRM”) can be produced from a range of the Company’s Toondoon kaolin profiles that exceeds Australian and ASTM International Standards for a manufactured pozzolan¹
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Achievements 2024
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Holcim Australia MoU executed, and large-scale metakaolin sample production is underway. First sample batches delivered for concrete testing.
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Commenced the metakaolin production component of the PFS and FEED study activities, further supported by the QLD Govt METS Collaboration Grant to part-fund the feasibility study
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Gypsum
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Limestone
Metakaolin
Clinker
95%
Clinker
50%
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- Complete the metakaolin production component of PFS and FEED studies
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- Secure off-takes for the Company’s AusPozz product
Outlook 2025
- Advance to Definitive Feasibility Study (“DFS”) whilst finalising plant & equipment selection and HRM facility location
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OPC
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LC3
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LC3 saves up to 40% of CO₂ compared to Ordinary Portland Cement (OPC) ² 7
(1) ASX Announcement 22/04/2024 - High Reactivity Metakaolin to Advance Low Carbon Cement (2) Source: Limestone Calcined Clay Cement (LC3)
Landfill Methane Control
Developing fugitive methane control solution, capable of contributing to climate change mitigation
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Achievements 2024
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Outlook 2025
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Methane Emissions Control Program advances to in-field validation of zeoteCH₄® solution utilising materials sourced from a Cleanaway Waste Management landfill - three field simulation configurations commissioned at Griffith University
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‘Zeolites for Methane Control’ provisional patent application lodged with the Australian Patent Office to establish potential novel and inventive steps associated with the Company’s methane control solution
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In-field trials progressing well, bio-methane production levels boosted by warmer spring conditions
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Decision to advance the methane program to onsite landfill trials, based on evaluating results from Griffith’s field trials
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Investigate the opportunity to apply the Company’s methane control technology in other industry sectors
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Commence methane abatement carbon credit methodology development
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Zeolite Product
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Achievements 2024
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Agri-soil program completed - results confirm zeolites have considerable potential to improve soil carbon and nutrient efficiency in agricultural soils, with added benefits such as improved water retention and buffering against soil acidification
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Lodged ‘Method and Use of Zeolites’ patent application associated with carbon sequestration in soils utilising the Company’s zeolitebased products
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MOU executed with Protekta North America, establishing a framework for a potential manufactured zeolite offtake agreement
Agri-soil products to improve fertiliser economics and enhance soil carbon sequestration
Zeolites for animal supplements
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Outlook 2025
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500kg zeolite product sample delivered to Protekta for testing with their X-Zelit product, used to prevent milk fever in dairy cows
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Continue fertiliser industry attraction strategy aimed at securing an in-field trial partner to continue product development
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Obtain the first set of trial data from Protekta and, if acceptable, progress off-take negotiations
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Commission scaled-up zeolite pilot plant and increase zeolite production at the Company’s lab facility at BTP
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Carbon Capture & Utilisation
Working with academic partners to advance zeolite-based technology for capturing & utilising greenhouse gas emissions
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Achievements 2024
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Outlook 2025
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Accepted as a Partner Organisation within ARC Centre of Excellence for Green Electrochemical Transformation of Carbon Dioxide (“GETCO2”).
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Together with the Advance Queensland Industry Research Fellowship (“AQIRF”) for zeolite-based membranes for GHG capture, GETCO2 will aim to advance zeolite membrane technology for direct air capture of carbon dioxide.
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ARC Industrial Transformation Training Centre for the Global Hydrogen Economy (“GlobH2E”) successfully used the Company’s zeolite technology to sustainably produce synthetic fuels from a feed of carbon dioxide and hydrogen gas.
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GETCO2 is aiming to fabricate and test mixed-matrix membranes at lab scale.
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Testing will validate computer simulations, that established the Company’s optimal zeolite product for separating carbon dioxide from flue gas.
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GLOBH2E will continue optimisation work to improve metal-doped catalyst performance and carry out long-term tests to produce larger volumes of fuels.
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Investment Highlights
First Mover Advantage
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Becoming Australia’s first large-scale metakaolin producer. Simple and cost-effective process to leverage Toondoon’s kaolin as a competitive SCM for the concrete industry
Near Term
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Test pit completed, ready to mine, exceptionally highgrade kaolin resource, held under approved Mining Lease on Company freehold land. Simple HRM circuit with proven conventional equipment
Climate-Tech Focus
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Advancing research and investment in climate tech associated with low-carbon cement and concrete, soil carbon sequestration, and fugitive methane emissions
Large & Growing Market
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The global SCM market is forecast to reach c. US$40 billion by 2030 ² . SCMs are the most viable alternative to mitigate CO2 emissions from the cement industry ³
Large-Scale Resource
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High-purity kaolin ³ proven to produce high reactivity metakaolin (HRM), contained within only 5% of the tenement footprint
Collaboration
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Metakaolin MoU with Holcim Aus a leading building materials company. Zeolite MoU with Protekta (US animal nutrition Co.) and collaborating with Cleanaway (Aus leader in waste management) on methane control
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(1) ASX Announcement 27/07/2022 - Notice of General Meeting/Proxy Form (Part 2 of 2) Ausrocks Mineral Estimates Report (2) Allied Market Research: Supplementary Cementitious Materials market size, share, competitive landscape and trend analysis report: Global opportunity analysis and industry forecast (2021-2030) (3) ASX Announcement 22/04/2024 - High Reactivity Metakaolin to Advance Low Carbon Cement
Near Term Value Drivers
Multiple catalysts pending across the Company’s project portfolio
Toondoon Kaolin / Manufactured Zeolite
AusPozz High Reactivity Metakaolin
Complete test pit to secure sufficient kaolin for commercial approvals and Manufactured Zeolite feedstock
Commence life-cycle analysis to evaluate carbon benefit of AusPozz in cement and concrete
Engage mining engineer and consultants for final approvals and continue engagement with local Government to accelerate time to mining
Secure industry collaboration to progress low-carbon concrete pilot trials
Produce sufficient AusPozz and manufactured zeolite for testing and commercial trials
Continued engagement with State and Federal Government to advance low-emission technology funding support
Ship 500kg zeolite sample to Protekta for testing and commercial trials
Conduct equipment scoping and product testing for HRM production
- Complete in-field methane control trials at Griffith University and move to operating landfill field trials (results warranting)
Complete feasibility studies (PFS) and life-cycle analysis in Q2 2025 to advance commercial readiness
Commission scaled-up manufactured zeolite pilot plant and increase zeolite production capacity
Run live construction trials with AusPozz
Secure binding off-takes for kaolin DSO and/or manufactured zeolite products
Secure binding off-takes for AusPozz
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For Further Information
James Marsh Chief Executive Officer
Peter Zardo Managing Director (+61) 7 3181 5523 [email protected]
(+61) 7 3181 5523
Level 1, Brisbane Technology Park, 7 Clunies Ross Court, Eight Mile Plains, Queensland 4113, Australia
www.zeotech.com.au