Zeotech (ZEO) Noosa Mining Investor Conference summary

Project overview and innovation

• AusPozz is a high-reactivity metakaolin product derived from ultra-high purity kaolin, designed to decarbonize concrete production and validated to meet existing standards for immediate market entry.

• Independent trials show AusPozz can replace up to 50% of cement in concrete, nearly double strength at 20% replacement, and reduce shrinkage by half.

• Life cycle analysis indicates a 79% reduction in embodied carbon compared to traditional cement binders.

• The Toondoon Kaolin Project holds Australia's highest-grade known raw ore kaolin resource, supporting a 20-year project life with simple, low-cost, and low-carbon processing.

• Early cash flow expected from direct shipping ore (DSO) sales starting Q1 next year, with efficient logistics and export potential.

Financials and production metrics

• Pre-feasibility study supports 300,000 tons/year metakaolin production, with potential to double capacity to 600,000 tons/year.

• Projected after-tax cash flow of AUD 1.01 billion over 20 years, NPV over AUD 406 million, IRR 42%.

• Capital expenditure for single train estimated at AUD 95–100 million, with early DSO sales reducing initial capital requirements.

• Early DSO sales to China expected to generate AUD 12 million annually from Q1 next year, ramping to AUD 73 million annual cash flow after AusPozz commissioning.

• Project expected to create over 140 skilled jobs across mining, logistics, manufacturing, and administration.

Market opportunity and demand drivers

• Cement production accounts for 8% of global CO2 emissions, driving demand for low-carbon alternatives like AusPozz.

• Australian concrete market uses 10–12 million tons of cement annually; AusPozz targets 10% replacement, exceeding current planned capacity.

• MoU signed with Holcim for potential offtake and joint venture, and with MSI China for DSO kaolin and bauxite sales.

• 49 active domestic leads, including nine tier-one firms, are testing the product and engaged in purchase discussions.

• Government carbon pricing adds AUD 50–70 per ton value to AusPozz due to emissions reduction.