Slide 1: Gobi H2 Update Highlights (ASX Announcement)
ASX ANNOUNCEMENT ASX : EXR ____________________________ 11 May 2023 GOBI H2 UPDATE HIGHLIGHTS • Evaluation of bankable quality renewable data indicates project is world class • Growing development of regional H2 pipeline infrastructure • Gobi H2 meets ever more stringent green H2 regulatory requirem
Slide 2: Gobi H2 Update
Gobi H2 Update 11 May 2023 ASX:EXR
Slide 3: Introduction
Introduction • Gobi H2 is Elixir’s green hydrogen project (i.e. one where hydrogen is produced from renewable electrical energy sources) located in the Gobi region of Mongolia • Elixir’s longstanding experience in Mongolia’s energy sector and stakeholder engagement with Governments (at multiple leve
Slide 4: Emerging Regional Hydrogen Infrastructure
Emerging Regional Hydrogen Infrastructure • The location of the Gobi H2 project provides ready access to rapidly growing Chinese H2 markets • Elixir commissioned a study from global energy consultants Rystad Energy which concluded “the scale of ramp up will likely open up imports from beneficial pro
Slide 5: Elixir's Japanese Partner
Elixir’s Japanese Partner SB Energy Corp (SBE) recently announced that it has been renamed Terras Energy Corporation (Terras) following the sale of a 85% stake in the company to Toyota Tsusho Corporation (TTC) With Terras Energy joining the Toyota Tsusho Group, the Group will become one of Japan’s l
Slide 6: Requirements for H2 Project Success
Requirements for H2 Project Success 1. High quality renewable 2. Costs of renewable 3. Green certification – resources – these are energy installations – Gobi H2 meets superb for Gobi H2 – favourable proximity emerging global top tier globally to manufacturers in (including Chinese) China & buying p
Slide 7: Gobi H2's Renewable Resources
Gobi H2’s Renewable Resources • On 14 October 2021 Elixir published the results of a detailed desktop comparison between the renewable energy resources in the Gobi region and those in other mooted green hydrogen project locations • In the subsequent period, Elixir has obtained “bankable” standard me
Slide 8: Renewable Resource Measurements
Renewable Resource Measurements Site comparison: 10 ktpa Hydrogen production Gobi Ordos Pilbara H2 Magallanes Mongolia China Western Australia Chile Elevation (m) 1,121 1,462 9 37 Average temperature (°C) 8.5 7.4 26.4 5.3 Solar resource (W/m2) 203 174 228 164 Wind resource (W/m2) 347 154 180 1067 So
Slide 9: Renewable Resource Measurements - Notes
Renewable Resource Measurements - Notes Assumptions: 1. Hydrogen is produced from off-grid renewable power, with no battery storage (other than required for system stability). Surplus renewable power beyond electrolyzer capacity is spilled. Annual averages are based on hourly averages for each month
Slide 10: Pre Feasibility Study
Pre Feasibility Study PFS Wind, Solar, No Technical Green Costs are Battery Issues Project C.I.C. Earlier this year Elixir No technical Given the nascent nature commissioned a Pre- impediments to the of the green hydrogen Feasibility Study (PFS) The PFS evaluated various project were identified A gr
Slide 11: Pre Feasibility Study – Generic Schemata
Pre Feasibility Study – Generic Schemata The PFS evaluated 4 different combinations of wind, solar, battery and grid connection to compare different levelized costs of hydrogen or Grid backup 10
Slide 12: Green Hydrogen
Green Hydrogen • Hydrogen has traditionally only been used in niche markets such as in oil refineries – and has generally been produced from fossil fuels, with resultant large CO2 emissions • The pursuit of green and blue hydrogen (the latter is still derived from fossil fuels but the CO2 emissions
Slide 13: Green Certification
Green Certification Hydrogen production standards: greenhouse gas emissions limits, kgCO2e/kg H2 EU USA China UK Standard CertifHyTM CHPS LCH LCHS Carbon intensity – “green” 4.4 2.0 production 4.9 - - “low carbon” To be defined by end 4.0 life cycle 14.5 2.4 2024 Time frame Calendar month. 30 minute
Slide 14: Green Certification - notes
Green Certification - notes 1. Green hydrogen is produced from renewable power, while Clean/low carbon may be produced from nuclear or fossil fuels with carbon capture and storage (CCS) 2. Emissions limits include feedstocks (including associated CCS) and hydrogen production up to the hydrogen plant
Slide 15: Green certification – grid power limit
Green certification – grid power limit Hydrogen production in Mongolia should retain “clean” status with up to 13% grid electricity supply. Estimated maximum grid electricity for "clean" hydrogen 35% 29% 30% 25% 20% 20% 15% 13% 10% 10% 5% 0% Australia USA UK China/Mongolia Assumptions: Electrolysis
Slide 16: Green hydrogen delivery
Green hydrogen delivery Producing hydrogen in Mongolia and piping to China is more efficient than transmitting power to China for hydrogen production or trucking compressed or liquid hydrogen. Hydrogen production and delivery energy balance 100.0% 7.1% 7.1% 7.1% 13.9% % of renewable energy produced
Slide 17: Investment Summary
Investment Summary ✓ The 2 main drivers of green hydrogen competitiveness are: ✓ The quality of renewable energy resources ✓ Proximity to market ✓ All the work done to date on Gobi H2 indicates that it is a world class project with respect to these attributes ✓ This conclusion has been supported by
Slide 18: Important Notice & Disclaimer
Important Notice & Disclaimer This document has been prepared by Elixir Energy Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of providing preliminary backgrou
Slide 19: www.elixirenergy.com.au
INVESTORS & MEDIA Neil Young Managing Director info@elixirenergy.com.au Phone +61 8 7079 5610 www.elixirenergy.com.au www.elixirenergy.com.au