Bill Radvak - CEO of American Vanadium - ExpoPlaza Latina Presentation


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Presented as part of the CleanTech Initiatives in the Mining Industry plenary at ExpoPlaza Latina 2013

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Bill Radvak - CEO of American Vanadium - ExpoPlaza Latina Presentation

  1. 1. Bill Radvak, President & CEO TSX.V: AVC OTCQX: AVCVFFebruary 7, 2013 FRA: 0UA
  2. 2. SAFE HARBOR American Vanadium Corp. (“AVC”) will strive to maintain the information in this presentation in an accurate and timely manner. However, the information contained in this presentation should not be solely relied upon when making investment decisions. AVC does not warrant or make any representations as to the accuracy, completeness or content of this information or any other information discussed or referenced in this presentation. This presentation contains statements which may be deemed to be "Forward-Looking Statements" within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We may also make written or oral forward-looking statements in our periodic reports, or in our annual report to shareholders, in our proxy statements, in our offering circulars and prospectuses, in press releases and other written materials and in oral statements made by our officers, directors, or employees to third parties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. These statements are based on current plans, estimates and projections, and therefore you should not place undue reliance on them. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly any of them in light of new information or future events. Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement.TSX.V: AVC 2
  3. 3. GIBELLINI PROJECT OVERVIEW 3 Average Power Demand: 1.5MW (24/7) Installed Solar: 4MW Installed Wind: 1MW Vanadium Flow Battery 2MW, 10MWh Feasibility Study (AMEC) Eureka County, Nevada (after tax) 100% controlledInternal Rate of Return 43% Only advanced vanadium project in USNet Present Value (7% discount) $170 million Permitting & detailed engineering underway 4% of global productionPayback 2.4 years Open pit, heap leach operation TSX.V: AVC
  4. 4. Key Team Members Ron MacDonald, Executive Chairman Mr. Ron MacDonald is the former Senior Assistant to the Canadian Minister of Foreign Affairs, Deputy Prime Minister, Chief of Staff to the Leader of the Government in the Senate of Canada, Parliamentary Secretary of International Trade and elected Member of Parliament. While President of the Council of Forest Industries, Mr. MacDonald championed industry wide developments including the establishment of the softwood lumber industry in Asia. He was also a contributing member of the OECD Committee on ethical minerals, a contributor to the EU Commission Framework 7 policy paper on ‘Scarcity of Strategic Minerals’ and a presenter at conferences in the USA, Canada and Asia on critical and strategic markets. Bill Radvak, BASc, President & CEO, Director Bill Radvak received a Mining and Mineral Process Engineering Degree (1986) from the University of British Columbia. He joined AVC in January 2010 as President & CEO. Mr. Radvak is Chairman of Westridge Resources Inc. as well as a co-founder and past CEO of Response Biomedical, a medical device company he led from its evolution to a 90-employee company. Michael Doyle, MGeol, Executive VP, Operations Michael Doyle has more than 30 years of domestic and international mining experience in surface and underground operations, most recently as Executive Vice President of Allied Nevada Gold Corp. Prior to joining Allied Nevada Gold, Mr. Doyle held positions of Senior Vice President of Operations for Kinross Gold Corporation, Vice President and General Manager of Round Mountain Gold Corp, (Kinross-Barrick joint venture) and General Manager of Gold Bar operations for Atlas Gold Corp. He graduated in 1977 from the University of California at Santa Barbara with a degree in geology and was the past chairman of the Nevada Mining Association. Ron Espell, BSc, VP, Environmental Ron Espell, has more than 30 years of domestic and international mining experience, primarily, most recently with Barrick Gold as Corporate Environmental Director with responsibilities for new project development, permitting and financing, environmental oversight of operating mines, and the development and implementation of Environmental Management Systems. Mr. Espell held roles within Barrick as Environmental Manager at Barrick’s Goldstrike Mine and Environmental Director for the Barrick Australia Pacific and African Regions. Before joining Barrick, Mr. Espell was with the Nevada Division of Environmental Protection, where he helped develop and implement Nevada mining environmental regulatory programs.TSX.V: AVC 4
  5. 5. VANADIUM IN STEEL A GREEN METAL High Strength, Low Alloy Steel (HSLA) 1 ton HSLA = 1.4 ton carbon steel ≤ 0.2% vanadium content in steel Increases strength by up to 100% Decreases weight by up to 30% iron ore consumption shipping costs energy consumption manufacturing costs pollution number of steel mills .TSX.V: AVC 5
  6. 6. VANADIUM: THE CRITICAL ELEMENT Steel • Rebar & structured beams required to meet building codes • Required for high speed tools and surgical steels Aerospace and defense industry • Titanium vanadium alloys required for aircraft, missiles, personnel transports, etc. Chemicals & Pollution Control • Required in production of synthetic rubber, polyester, fiberglass, sulfuric acid, etc. • Critical component of catalytic Source: TTP Squared, Inc. converters to remove sulfur dioxide and other pollutants Energy Storage • The grid scale Vanadium Flow Battery • Lithium Vanadium Batteries for electric vehiclesTSX.V: AVC 6
  7. 7. VANADIUM SUPPLY IN THE US • US imports 100% of its vanadium • Over 80% comes from countries with geopolitical risk • US imports 100% for titanium alloys Source: TTP Squared, Inc. Source: TTP Squared, Inc.TSX.V: AVC 7
  8. 8. THE SMART GRID “the world’s largest supply chain without a warehouse” Mark Jonson – DoE Source: AVC 8
  9. 9. ENERGY STORAGE – “THE HOLY GRAIL” 100X increase in energy storage by 2021 Energy storage to reach $225 billion by 2020 Grid storage will reach $113.5 billion by 2017 • Lithium: 80% in 2012 decreasing to 13% by 2017 • Vanadium Flow Batteries increasing to 30% by 2017 as leading technology • Japan – Post Fukushima renewable investment of US$480 billion in non- hydroelectric renewable energy, such as solar and wind power, over the next two decades, plus an extra US$1.1 trillion in energy-efficient technology • US – California AB 2514 - Energy Storage Procurement Targets – Storage Technology for Renewable and Green Energy Act of 2011TSX.V: AVC 9
  10. 10. MAJOR PROJECT INSTALLATIONS BY TECHNOLOGY 2011 Pumped Storage CAES 14% 11% Superconducter 1% Flywheel 6% Flow battery NiCd 23% 1% Lead/Carbon 2% NaS battery 9% Hydrogen 2% Li-ion 31% Source: Pike Research NB Lithium ion is forecasted to give way to Vanadium flow growth over the next decade. LUX Reseach© 2011 American Vanadium Corp. TSX.V: AVC 10
  11. 11. VANADIUM FLOW BATTERIES • Over 10,000 cycles & more than 20 year life • Full cycle rapid charge and discharge • Power and energy independently scalableTSX.V: AVC 11
  12. 12. 5MWh Systems 3MWh Systems Approximately 7.3kg of V2O5 for 1 kWh of storage 3.6MWh Systems 5MWh Systems 500KWh SystemsTSX.V: AVC 12
  13. 13. TSX.V: AVC OTC: AVCVF FRA: 0UA Bill Radvak President & CEO Suite 1028, 550 Burrard Street Vancouver, British Columbia V6C 2B5 Telephone: (604) 488-5417 Cellular: (778) 888-4101 Email: Twitter American Vanadium LinkedIn American Vanadium Facebook American Vanadium Youtube American VanadiumTSX.V: AVC 13