Logistek Pacific (LP) is a nickel development company with operations in Australia. The Company is developing one superproject which combines three projects, 100% owned nickel projects in Kalgoorlie, Western Australia. The area has well-developed infrastructure, including roads, water and gas power plant. With both projects, Cawse, Avalon and Siberia, in operation Logistek Pacific will become a major nickel producer supplying the stainless steel and battery markets.

Headquartered in Singapore the Company is led by a management team with extensive experience operating in Australia and the nickel sector.

OUR CULTURE AND VALUES

Logistek Pacific is committed to good corporate governance, and accountability to all stakeholders. Robust corporate governance improves performance and mitigates risk, it is therefore an important factor in achieving the medium to long term success of the Company.

Our code of conduct detailed in our Business Integrity Policy outlines the behaviour and standards expected of all our employees irrespective of their place of work or role.

Logistek Pacific has created a company culture through the promotion of our values that strives to provide a safe, stimulating and productive workplace where the development of employees is encouraged, all employees are treated fairly and human rights are upheld.

VALUES

Safety
Our highest priority is the health and integrity of our employees. Care and Respect
We respect towards people, regardless of their background.
Care and Respect
We believe that respect, dignity and kindness towards people, regardless of their background, lifestyle or social position, are essential in our work.
Integrity
We take an honest, fair, ethical and transparent approach to everything we do.
Responsibility and Trust
We take responsibility for our decisions, our actions and our results. We meet our demands and recognize our mistakes.
Teamwork and Cooperation
We are united by a single goal, we seek improvements together, we work as a team to make our decisions, carrying out our activities in a more effective and focused way.
Communication
Effective, open and transparent communication with our employees, customers, suppliers, government and society.
Social Responsibility / Staff support and community involvement
We assume ethical and transparent behavior and responsibility for the impacts of our decisions.

Raising a business conduct concern

We encourage an open and inclusive workplace where employees can feel comfortable enough to ask if they are unsure how to respond to a situation, or don’t understand any elements of the Business Integrity Policy. In the same way, we urge those outside the company to raise queries and concerns about how we do business.

OUR STRATEGY

The Company intends to become a globally significant producer of nickel in the form of ferronickel as well as nickel and cobalt sulphate. The strategy is to continue to progress the development of the 100% owned CAS project. The Company also evaluates on an ad hoc basis with a view to eventual acquisition, exploration and development of mineral projects in jurisdictions in which it holds a presence, and/or in sectors in which management has expertise.

The exploration and mining business is controlled by a number of global factors, principally supply and demand which in turn is a key driver in global metal prices; these factors are beyond the control of the Company. At every stage of the exploration process the projects are rigorously reviewed, both internally and by qualified third party consultants to determine if the results justify the next stage of exploration expenditure, ensuring that funds are only applied to high priority targets.

The Company’s licenses and operations are located in foreign jurisdictions. As a result, the Company is subject to political, economic and other uncertainties. Australia is the current focus of the Company’s activity and offers stable political frameworks and actively supports foreign investment. It has a well-developed exploration and mining code with proactive support for foreign companies.

MANAGEMENT

Mr. Rick Sibo Lu Mr. Robert Gardner

GOVERNANCE

Effective corporate governance practices have been a primary focus of the company Management since the Company's inception. The management of the Company is committed to maintaining a high standard of corporate governance for the proper operation of the business of the Company and the effective protection of its interests.

PROJECTS

The Company is developing one super-project, 100% owned nickel projects in Kalgoorlie, WA. The area has well-developed infrastructure, including roads, rail and gas power plant. With both projects, Cawse, Avalon and Siberia, in operation Logistek Pacific will become a major nickel producer supplying the stainless steel and battery markets.

 

Assets and Infrastructures

• Access to all historical expertise in Geology, Mining, Processing, Maintenance, Financial, Metallurgical and Environmental. 100% ownership of two HPAL (Cawse, Avalon) process plants (both in care and maintenance at present). Ownership of or access to associated infrastructure required to operate the above plants including o Gas Power plant o Water extraction, distribution and desalination facilities o Sealed access roads o Ready access to local Kalgoorlie community and services

Geological and Exploration

• Significant landholding with over 500Mt of drill defined resource base at a nickel grade of 0.74% Ni and 0.03% Co, most ore types can be beneficiated to higher grades by excluding waste. Additional resources expected at Siberia-Canegrass in areas of limited drilling. Combined drilling database of over 18,000 drill holes and 40,000 grade control holes. Mining history at all sites. Understanding of all ore types and processing options. Variety of leaching options from in situ dump, tank, autoclave. Ability to produce a variety of nickel cobalt products from intermediate products to LME grade nickel at SX/EW plant. Plant can treat 3rd party ore types, eg difficult to process transitional sulphide ores concentrates. Replacement cost of processing plants, mining infrastructure and drilling in excess of $2 Billion.

CAWSE

• Mining at Cawse mined ore from pits at Bunyip, Phoenix, Pegasus, Orc, Unicorn, Romulus, Typhon, Phantom, Medusa, Faun, and Argus between 1998 and 2008. A total of 34.6 million bcm of material has been mined at Cawse. Completed pits have been used for tailings disposal.

AVALON

• Pits at Pinta, Federal, Boulder Block (now outside of held tenure), Albion, Criterion, Foundry, Australian, Mt Lyall, Golden Eagle, and Gala. Mostly free dig.

SIBERIA

• Pits at Gulch, Linger and Die, SM7. Pits at Siberia (SM7, Linger and Die, Patch, and Gulch) were mined for nickel/cobalt/silica ore to be used as a flux at the KNS.

INVESTORS

REPORTS AND PRESENTATIONS

SHAREHOLDERS

MEDIA

NICKEL

Nickel is a key base metal for building sustainable societies due to its use in stainless steel and new battery technology. Its multiple physical and chemical properties make it essential in thousands of products from mobile phones to medical equipment and from wind turbines to batteries.

THE NICKEL MARKET

Demand

The nickel market is a US$20+ billion per year industry. Today’s market is dominated by stainless steel with over two thirds of total production used in its production. However, nickel is a critical component in new battery technology used in electric vehicles. This section of the market is forecast to grow significantly over the coming years, and will reshape the nickel industry over the coming decades.

According to the World Bank report “Minerals for Climate Action: The Mineral Intensity for the Clean Energy Transition” the production of minerals such as nickel and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. As the world moves to realize a lower-carbon future there will be a substantial increase in demand for several key minerals and metals to manufacture cleaner energy technologies. The clean energy transition will be significantly mineral intensive - nickel intensive.

Supply

The world’s nickel resources are currently estimated at almost 300 million tonnes. Australia, Indonesia, South Africa, Russia and Canada account for more than 50% of the global nickel resources. Over two million tonnes of new or primary nickel are produced and used annually in the world, mined in more than 25 countries worldwide.

The Company believes there has been a significant under-investment in the sector and as a result there is a very limited pipeline of new projects due to come on line in the near term. Greenfield nickel projects take a 8-10 years to move from exploration through to production. Furthermore, research from UBS estimates only 26 of 41 advanced stage nickel projects deliver 15% IRR at long term nickel price of US$20k/t.

Nickle Ore Deposits

There are two main types of nickel ore deposits: sulphides and laterites. Many investors are of the view that sulphide deposits are easier to process (and therefore cheaper) as they require less energy to operate. Although nickel sulphide operations were historically cheaper on an operating cost basis, this is no longer the case. Over the past three years, nickel laterite operations have been cheaper to operate on average than nickel sulphide operations, and we expect that trend to continue.

STAINLESS STEEL

Approximately two thirds of global nickel production is used to produce stainless steel. Ferronickel is preferred by stainless steel mills due to its iron content. Nickel-containing materials play a major role in our everyday lives, including food preparation equipment, mobile phones, medical equipment, transport, buildings, power generation. Nickel-containing materials are selected because - compared with other materials - they offer better corrosion resistance, better toughness, better strength at high and low temperatures, and a range of special magnetic and electronic properties.

Stainless Steel is a reliable, steady growth market that has continued to grow ~4% year on year. Global stainless output is forecast to rise by a CAGR of 2.5% over the 2020-2040 period. China’s steel demand is expected to increase by 8% in 2022, aided by government infrastructure stimulus and a strong property market. China's strong recovery which continues at a steady pace, suggests positive GDP growth in 2022. This strong recovery in China will mitigate the reduction in global steel demand, due to the Covid pandemic.

ELECTRIC VEHICLES

Battery Technology

The emergence of electric vehicles (EVs) is set to revolutionise the world of transportation and coincidentally, transform the nickel market. The EV market is growing rapidly. EV sales jumped from 450,000 in 2015 to 2.1M in 2020 and is forecast to increase to 54M by 2040. EV share of total vehicle sales is still small but rising fast. By 2040, over half of all passenger vehicles sold will be electric. In 2020, Europe overtook China as the largest EV market for the first time ever. This was driven by European governments increasing EV subsidies and investment in EV infrastructure.

EV pioneer, Tesla is working to increase this penetration at a faster rate by producing cheaper and more energy efficient models. Tesla’s new battery technology is enabled by nickel. Nickel is the cheapest battery metal with the highest energy density. The advancements in battery technology is moving towards an 80% nickel battery cell. This will result in the share of global nickel demand taken by EVs increasing from 4% in 2018 to 31% in 2040.

Supply of raw materials is the biggest constraint on the market. Increasing activity in OEM offtake agreements with miners to help them get financed, expected. Tesla’s ambitions of 3 terawatt hours of capacity by 2030 would soak up 2Mt of nickel. According to Bloomberg, EV battery and carmakers, such as Tesla, are concerned about the nickel supply chain. The demand for high purity nickel is due to outstrip supply within the next five years. Logistek Pacific believes this surge in demand for Class 1 nickel could lead to significant price rises in the nickel commodity over the next 5-10 years.

Logistek Pacific’s nickel cobalt project is being developed to feed into the EV battery market. One of the largest nickel resources of its kind, Logistek Pacific’s own experiences on CAS confirmed the resources suitability to produce an end-product suitable for EV battery producers.

VIDEOS

 

CAWSE BULONG VIDEO

For more information, please visit http://www.lpsingapore.com/images/cawebulong.mp4, right click to save and watch 

 

GALLERY

SUSTAINABILITY

Sustainability has been central to Logistek Pacific’s operations in Australia for the past a few years, and our ability to deliver on our environmental, social and governance commitments will be key to our success.

COMMUNITY

A strong relationship with our local communities is of the utmost importance to our development and growth. Our social license to operate is largely dependent on the continued support of our communities. We are committed to making a positive contribution to these stakeholders and delivering shared value. All Logistek Pacific's projects are covered by local community engagement practices, impact assessments and development programs in accordance with each project phase.

OUR PEOPLE

A motivated and dedicated workforce is key to our ongoing success. We are committed to employing locally, upskilling our workforce, respecting all cultures and promoting diversity and inclusion.

The Company has worked hard to create a company culture through the implementation and promotion of our core values. Logistek Pacific strives to provide a safe, stimulating and productive workplace where the development of employees is encouraged, all employees are treated fairly.

ENVIRONMENT

We operate in an environmentally responsible manner, minimizing the impact of our activities and, where possible, aiming to improve and enhance the environment within which our projects are located.

HEALTH AND SAFETY

The health, safety and wellbeing of our employees, contractors and visitors is at the forefront of everything we do. We implement the highest standards to mitigate risks.

Track record:

Zero environmental incidents(last 8 years)

Zero Fatalities(since Logistek Pacific activities started in Australia)

Regardless of job title or role, health and safety are everyone’s responsibility as the Company strives for a zero-harm workplace. The Company has implemented based on government legislation and follows protocols and other industry best practice policies and procedures. All employees, contractors and visitors to site must follow our non-negotiable, five golden rules to ensure their safety at work.

We also undertake:

• Safety Daily Dialogues (SDD)
• Safety inductions & regular refreshers
• Specific activity-related safety training
• Communication & action procedure training in case of emergencies
• Vehicle and equipment check for each time of use