- Sunrise Energy Metals (SRL) - 100% Focused CAPEX funding Structure
115 Aufrufe24.07.2021
Crux InvestorCrux Investor41.700 Abonnenten
Interview with Sam Riggall, MD & CEO of Sunrise Energy Metals (ASX:SRL)
Sunrise Energy Metals Limited is involved in metals recovery and industrial water treatment through their proprietary Clean-iX® continuous ion exchange technology.
Sunrise Energy Metals is an ASX listed company with a long history in mining and mining technology, particularly in hydro-metallurgy. Sunrise has built a number of hydro-metallurgy plants for companies all over the world but in the last 10 years they have decided to focus their efforts on applying their technologies to mineral development.
The company has built a world class team with a mining background and their key asset is the Sunrise battery materials project in Australia. It is Australia’s largest integrated battery materials project focused on battery grade Nickel and Cobalt and also Scandium.The Sunrise Project is one of the largest and most cobalt-rich nickel laterite deposits in the world and is development-ready, with all key permits and approvals in place.
The Sunrise Project is also one of the largest and highest grade scandium deposits globally.
The Sunrise Project’s unique mineral resource, when combined with the company’s proprietary ion-exchange extraction and purification processing technology, has the potential to meet a significant portion of global demand for the raw materials needed to help expand the lithium-ion battery industry, as well as providing scandium for production of the next generation of lightweight aluminium alloys for key transportation markets.
A Project Execution Plan was completed in September 2020, which highlighted the Project’s global importance as a sustainable, long-life, low-cost source of high purity cobalt and nickel sulphates for the battery revolution.
Sunrise hopes to be able to talk to the market on financing this year and construction will follow on quickly once finance is in place. The long term mission for the company is to sustainably deliver high quality battery materials to a decarbonising planet and their project has a 50 year mine life with a lot of optionality going forward.
0:00 - Company Overview
2:28 - The Foundation: History, Expertise, & Business Plan
7:12 - Potential of the Asset, its Valuation at Market, & Means of Financing it
12:13 - Shareholder Breakdown & Management's Focus
15:11 - Nickel Hydromet Technology: What is it?
16:59 - Competition, Differentiation, & Strategy Going Forward
23:48 - Opinions & Expectations for the Market: Cobalt Being Phased Out of Batteries?
27:57 - Expectations for 2021 & Timing of Deliverables
28:49 - End of Interview: A Message to Market
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