Geomega Resources Inc. · TSXV:GMA
Geomega Resources — Shareholder Meeting (October 2023)
23 slides from Geomega Resources's shareholder meeting presentation, Oct 25, 2023
Slide 1: Recycling & Clean Processing Technologies
Recycling & Clean Processing Technologies Valorization of Primary & Secondary Resources Oct. 25, 2023 – Annual Special General Meeting www.geomega.ca • TSX.V: GMA • OTC: GOMRF
Slide 2: Forward Looking Statement
Forward Looking Statement Our presentation contains “forward-looking statements” not based on historical facts. Forward-looking statements express, as of the date of this presentation, our estimates, forecasts, projections, expectations and opinions as to future events or results. The forward lookin
Slide 3: Board of Directors
Board of Directors Karine Emond • A seasoned commercial lawyer • Specializes in manufacturing & supply chain • Expertise in commercial negotiations and agreements • Over 20 years legal experience New addition to the board – new skills & expertise Rare Earths Recycling & Clean Processing of CSM Page
Slide 4: Financing Achievements
Financing Achievements $7M raised over the last 12 months • $6.5M from non-dilutive grants & partners • $420K from Pomme & Montviel Sud transactions ($95K this year, balance over next 2 years) & shares in MTM • $70.5K from equity instruments Funds raised for • Magnet recycling demonstration plant •
Slide 5: New Facilities at St-Hubert
New Facilities at St –Hubert In April 2023, Geomega announced the centralization of its future activities • Standalone 18,000 sq.ft facility at the Gerard-Leclerc industrial zone of St Hubert, Longueuil • New location will meet current needs and allow growth • Facility will house the magnet recyclin
Slide 6: Human Resources
Human Resources Technical & Admin team growing: • Team increased by over 30% for the 3rd year in a row • Applied solutions helped reduce turnover rate to 20% from >50% a year ago • More new employees joining in November 2023 Building a strong technical team for today and tomorrow Challenges for upco
Slide 7: Technologies
Technologies
Slide 8: Technologies
Technologies REE and critical metals valorization from various sources REE extraction from REE extraction magnet recycling from various ores Bauxite residues Integrated reagent Battery material (BR) valorization recycling purification technologies (graphite) Other projects include: CO2 storage, sulf
Slide 9: REE Recycling
REE Recycling
Slide 10: Permanent Magnet Sector
Permanent Magnet Sector NdFeB demand continues to grow at 5.8% per year NdFeB substitution mostly in non-essential applications Growth driven by wind energy & EV motors. Expected to reach 250kt NdFeB demand by 2035 Recycling contributes 10-15% of REO supply currently Source: Project Blue, IREC 2023
Slide 11: Permanent Magnet Sector
Permanent Magnet Sector Announcements for NdFeB plants in Europe and Americas continue Commercial production expected to start from 2025 onwards Demand for swarf recycling will increase gradually Important opportunity for Geomega to offer its technology Licensing model envisioned offering local sust
Slide 12: REE Recycling Demo Plant
REE Recycling Demo Plant Plant to process 1.5 tpd of magnet scrap Detailed engineering, procurement & permitting ongoing Major delays in 2023 due to having to Next step is construction switch location to St Hubert Main deliverables from BBA are expected by end of November Bids from construction firm
Slide 13: REE Recycling Technology
REE Recycling Technology Innovative less aggressive reagent Recycling of main reagents (>90% recovery) No fine grinding required and no H2 decrypitation No oxidative roasting Lower energy consumption and GHG footprint REE recoveries >90% Rare Earths Recycling & Clean Processing of CSM Page 13 | www.
Slide 14: REE Recycling Technology
REE Recycling Technology Integrated closed water circuit Minimal liquid effluents Minimizes solid waste by producing by-products (Fe, B, Cu/Ni) Potential Hydrogen recovery Competitive OPEX Feed agnostic (scrap, swarf, etc) Uses standard equipment Rare Earths Recycling & Clean Processing of CSM Page
Slide 15: Bauxite Residues Valorization
Bauxite Residues Valorization
Slide 16: Bauxite Residues Technology
Bauxite residue processing Bauxite Residues Technology Aluminum demand is growing with no commercial solution for BR 4Bt already accumulated >175Mt of BR produced $100 metal value per globally annually globally tonne of BR Major global market opportunity - >$17B in metals value to be recovered annua
Slide 17: Bauxite Residues Technology
R&D facilities Bauxite Residues Technology Pressure on Aluminum industry to find a solution +80% waste volume Main reagent recycling reduction No net CO2 emissions New source of strategic No hazardous waste metals (Sc, REE, Ga, etc…) Recovery of multiple valuable by-products Rare Earths Recycling &
Slide 18: Bauxite Residues Technology
Bauxite Residues Technology • R&D on bauxite residues began in 2020 • Bench scale successfully demonstrated in 2021 • Pilot plant and feasibility study funded in 2022 • Over $5M funded from government and partners • Pilot plant commissioning ongoing • Majority of analytical equipment in preparation
Slide 19: Adjustable Business Model
Adjustable Business Model Building a demo plant Looking to partner with License the in Quebec for magnet magnet producers technology / Owner recycling operator Working with Rio Tinto Looking to work with major to derisk the BR partners to demonstrate the License the technology (pilot) technology at
Slide 20: Management Team, Board of Directors, Strategic Advisor
Management Team Kiril Mugerman Dr. Pouya Hajiani Mathieu Bourdeau Alain Cayer Director, President & CEO Chief Technology Officer Chief Financial Officer VP Exploration Board of Directors Gilles Gingras Kosta Kostic Matt Silvestro Ex-partner at Deloitte Partner at Fasken President & Owner of Jobmaste
Slide 21: Summary
Summary • Clean processing technologies for Critical & Strategic Metals • Developing the REE demonstration plant • Piloting the bauxite residues technology • Diversifying the applications of our technology (more industries & more partners) • Lowering commercialization risk • Leveraging technologies
Slide 22: Share Structure
Share Structure Issued & Outstanding (31/05/2022) 141,826,521 52% Stock Options 10,295,500 31% Warrants (11.4M - $0.25, 0.7M - $0.40, 4.4M - $0.32) 16,517,788 (exp ’23, ’24, ‘25) 6% 6% 4% Fully-Diluted 168,639,809 Equity assets 16.8M shares of KTR.V Working Capital $3.2M & $3M IQ* Management & Insid
Slide 23: Rare Earths Recycling & Clean Processing Technologies
Rare Earths Recycling & Clean Processing Technologies Kiril Mugerman – President & CEO kmugerman@geomega.ca (450) 641-5119 ext 5653 www.geomega.ca Rare Earths Recycling & Clean Processing of CSM Geomega (GMA.V)
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