Sherritt International Corporation · TSX:S
Sherritt International — Eight Capital - Battery Materials Conference (November 2017)
9 slides from Sherritt International's conference presentation, November 2017
Slide 1: Sherritt - The Name in Nickel
SHERRITT THE NAME IN NICKEL EIGHT CAPITAL - BATTERY MATERIALS CONFERENCE Martin Vydra, P.Eng. Senior Vice President November 2017 1
Slide 2: Forward-looking statements
Forward-looking statements This presentation contains certain forward-looking statements. Forward-looking statements can generally be identified by the use of statements that include such words as “believe”, “expect”, “anticipate”, “intend”, “plan”, “forecast”, “likely”, “may”, “will”, “could”, “sho
Slide 3: Electric vehicles start with nickel and cobalt
Electric vehicles start with nickel and cobalt 3
Slide 4: Auto industry is undergoing dramatic changes
Auto industry is undergoing dramatic changes* 2019 2020 2025 2030 - China begins EV - 100% of Jaguar Land - Norway’s ban of ICE - VW Group will have 80 production quotas at Rover’s fleet will be vehicles take effect new EV models 10% of all vehicles electric - Ford to release 13 EV - Paris’s ban of
Slide 5: Cobalt supply marked by jurisdictional risk
Cobalt supply marked by jurisdictional risk Cobalt sources Mine production by country (2017): total = 113 kt 2% Canada: 3% Russia: 5% 37% Cuba: 4% 61% (3% Sherritt) Philippines: DRC: 62% 4% Copper mines by-product Australia: 5% Nickel mines by-product Madagascar: 3% Primary cobalt mines Other: 14% B
Slide 6: EV batteries will increasingly rely on nickel
EV batteries will increasingly rely on nickel Kg Content for 50k Wh NMC Battery Changes driven by: 24.1 - Cobalt supply Nickel 32.4 constraints 34.4 - Commodity pricing Manganese 24.1 environment 10.8 - Surging end-product Cobalt 24.1 4.3 demand 10.8 4.3 Today 2025 Nickel’s ability to maintain energ
Slide 7: Not all nickel is the same
Not all nickel is the same Differences in nickel supply and uses 3.5 >70% 3.0 Stainless steel 2.5 Low purity 2.0 Class II – Mt Nickel Pig Iron & 1.5 Ferro-nickel Stainless steel with high purity nickel Of all nickel supply 1.0 High purity is unsuitable for EV Non-stainless exc. Cathode Class I – bat
Slide 8: Sherritt is well positioned to capitalize on strong outlook
Sherritt is well positioned to capitalize on strong outlook 1 Low cost; high purity producer of nickel and cobalt 2 High cobalt to nickel production ratio 90-year track record of innovative technology & 3 processing 4 Strong relationships with battery manufacturers 8
Slide 9: Sherritt International Corporation
Sherritt International Corporation 181 Bay Street, 26th Floor, Brookfield Place Toronto, Ontario, Canada M4T 2Y7 Investor Relations Joe Racanelli Telephone: 416.935.2467 Toll-Free: 1.800.704.6698 Email: investor@sherritt.com Website: www.sherritt.com 9
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